Andover

Area Guide For Andover

Andover is a town in the English county of Hampshire. The town is on the River Anton some 18.5 miles (30 km) west of the town of Basingstoke, 18.5 miles (30 km) north-west of the city of Winchester and 25 miles (40 km) north of the city of Southampton. Andover is twinned with the towns of Redon in France, Goch in Germany, and Andover, Massachusetts. Its name is recorded in Anglo-Saxon in 955 AD as Andeferas, and is thought to be of Celtic origin: compare Welsh onn dwfrash(tree) water". Andover's first mention in history is in 950 when King Edred is recorded as having built a royal hunting lodge there. In 962 King Edgar called a meeting of the Saxon 'parliament' (the Witenagemot) at his hunting lodge near Andover. Of more importance was the baptism, in 994 of a Viking king named Olaf (allied with Danish king Sweyn Forkbeard). The identity of that man was either Olav Trygvason or Olof Sktkonung. The baptism was part of a deal with King Ethelred II of England (The Unready) whereby he stopped ravaging England and returned home. Olav Tryggvason became king of Norway in 995 and tried to convert his country to Christianity before his death in battle in 1000.

 
 

Andover Map

Estimated Price: £301,446
Average Asking Price: £320,339
Price change in last one year: £20,967
Average Price Paid: £243,883
Average Rent Rates: £1,277

 
 

Property Prices Breakdown in Andover

Average Price for property in Andover is around £301,446 which varies based on type of property you are interested in and ranges from £460,252 for detached house to around £257,278 for semi-detached. Similarly terraced house is around £200,441 and a flat is worth £145,273. Values have been changing and have risen £2,414 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,203 in last 6 months, £20,967 in last 1 year, £31,838 in last 2 years, £33,425 in last 3 years, £30,929 in last 4 years and £31,660 in last 5 years.

Currently average asking price of a property in Andover is around £320,339 based on approximately 935 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £1,277 per month.

Estimated property value in Andover is £301,446. Average asking price is £320,339 while average price paid is £243,293 which is up by £20,967 and Avg. asking rent £1,277.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Andover area. In last 1 year alone average price buyer paid is around £243,293 based on approximately 935 sales in Andover area alone. If you compare it to last 3 years sales of 2,722 properties where buyers paid around £241,438. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £243,883 for 4,211 and average amount paid for purchase of approx. 5,531 properties sold in last 7 years comes to about £243,460 per sale.

 
 

Properties For Sale in Andover

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £140,408, £205,173 for a 2 bedroom house, £247,584 for a 3 bedroom house, £414,810 for a 4 bedroom house and £860,093 for a 5 bedroom house. For a flat similarly the prices varies from £104,837 for a single bedroom to £144,966 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £224,983. To sum up the asking prices for properties in Andover it comes to around average £114,538 for 1 bedroom property, £175,393 for 2 bedroom, £247,042 for 3 bedroom, £414,810 for 4 bedroom and £860,093 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £498 for 1 bedroom to £796 for 2 bedrooms, £1,004 for 3 bedrooms, £1,368 for 4 bedrooms and £2,464 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £599. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £671. You should be generally be expecting around average £591 rent per month for single bedroom property, £743 for 2 bedroom, £1,004 for 3 bedroom, £1,368 for 4 bedroom and approximately £2,464 for a 5 bedroom property in Andover area.

Popular Houses in Andover

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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