According to the public record, Watermills Cottage, Andover is a modern freehold house with 1,011 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pitts Lane, Andover, SP10 is located in the borough of Test Valley within the SP10 postal district.
Watermills Cottage, Andover has a single entry in the Land Registry database from August 2018 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Watermills Cottage Andover as £400,225 and the rental value as £1,373 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Watermills Cottage Andover has increased by £4,661 (1.2%) and its rental value has increased by £61 per month (4.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Watermills Cottage, Andover is in very good condition we estimate a sale value of £420,236 and rental value of £1,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,209 and a rental value of £1,277 per month.
If you were able to purchase this property for the estimated value of £400,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,967 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Watermills Cottage, Andover sits on a plot of 198m2.
We have plot size data on 4 out of 5 other houses in the postcode and Watermills Cottage, Andover sits on the 4th largest plot.
According to HM Land Registry, Watermills Cottage, Andover was last sold on 31 Aug 2018 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Watermills Cottage, Andover within a radius of 640 metres over the last 2 years.
The most recent example is 19, Redbridge Drive, Andover, SP10 2LF, a Freehold house which sold for £445,000 in Jun 2023.
Read more about house prices in SP10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Watermills Cottage, Andover within a radius of 640 metres over the last 2 years.
Most recently 6, Elm Bank Road, Andover, SP10 2BY, a Freehold house let by Ashwells Estate agents in Jan 2017.
Pitts Lane, Andover, SP10 has a total of 5 addresses. According to our analysis of all the public data, Watermills Cottage, Andover is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in SP10.
Watermills Cottage, Andover has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Watermills Cottage, Andover is Andover station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Watermills Cottage, Andover, 40.6% of property is privately owned outright and 35.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Watermills Cottage, Andover, 15.3% of residents are recorded as possessing school level qualifications and 33.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Watermills Cottage, Andover, the average age was 44.4 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Watermills Cottage, Andover, 0.7% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Watermills Cottage, Andover, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.