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Andover House Prices Andover House Prices

The average house price in Andover is £324,794 using HM Land Registry data.

The average property price increased by £59,054 (22.74%) over the last 5 years and increased by £11,802 (3.85%) over the last 12 months.

Over the last year, there were 531 residential property sales – a decrease of 287 transactions (-54.05%) relative to the previous year. The majority of house sales (122) were in the £228,000 - £286,000 range. Then came properties in the £286,000 - £344,000 range, where 111 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,502 (-2%).

In April 2024, there were 101 new estate agency instructions, 63 agreed home sales and 43 property price reductions.

Postcodes Covered: SP10, SP11

5-Year Average Property Prices in Andover

22.74%

Property prices in Andover increased by 22.74% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Andover Over the Last Year

3.85%

Property prices in Andover increased by 3.85% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Andover - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Andover

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Andover

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Andover

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Andover since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Andover area since 1995.

Recent Property Sales in Andover

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
150 Old Winton Road, Andover, Hampshire, SP10 2DS£289,950£288,000-£1,95022 Sep 202311 Mar 2024171 Days
233 Pilgrims Way, Andover, Hampshire, SP10 5HU£205,000£200,000-£5,00006 May 202326 Feb 2024296 Days
3 Blueberry Gardens, Andover, Hampshire, SP10 3XD£197,999£174,000-£23,99913 Jul 202319 Feb 2024221 Days
6 Robin Way, Andover, Hampshire, SP10 5PH£245,000£240,000-£5,00029 Sep 202309 Feb 2024133 Days
74a, Winchester Road, Andover, Hampshire, SP10 2ER£600,000£575,000-£25,00018 Sep 202330 Jan 2024134 Days
29 Chaucer Avenue, Andover, Hampshire, SP10 3DS£425,000£406,500-£18,50018 Oct 202326 Jan 2024100 Days
19 Leyton Way, Andover, Hampshire, SP10 2UD£300,000£290,000-£10,00029 Aug 202305 Jan 2024129 Days
33 Marlborough Street, Andover, Hampshire, SP10 1DF£230,000£227,000-£3,00030 Aug 202312 Dec 2023104 Days
34 Bremen Gardens, Andover, Hampshire, SP10 4LQ£270,000£270,000£0007 Sep 202311 Dec 202395 Days
14 Loveridge Close, Andover, Hampshire, SP10 5ND£435,000£435,000£0013 Jul 202311 Dec 2023151 Days
8 Verden Way, Andover, Hampshire, SP10 4LH£310,000£310,000£0022 Sep 202311 Dec 202380 Days
3 Cole Close, Andover, Hampshire, SP10 4NL£550,000£545,000-£5,00030 May 202311 Dec 2023195 Days
41 Florence Court, Andover, Hampshire, SP10 5HZ£185,000£185,000£0004 Sep 202308 Dec 202395 Days
3 Spruce Close, Andover, Hampshire, SP10 3DB£250,000£245,000-£5,00016 Aug 202304 Dec 2023110 Days
9 Genoa Court, Andover, Hampshire, SP10 5JB£237,500£237,500£0007 Aug 202304 Dec 2023119 Days
1 Madrid Road, Andover, Hampshire, SP10 1JR£400,000£400,000£0015 May 202301 Dec 2023200 Days
250 Pilgrims Way, Andover, Hampshire, SP10 5HU£220,000£220,000£0010 Jul 202301 Dec 2023144 Days
8 Alfred Gardens, Andover, Hampshire, SP10 4NX£185,500£182,000-£3,50003 Apr 202329 Nov 2023240 Days
28 Anton Road, Andover, Hampshire, SP10 2EN£365,000£360,000-£5,00011 Sep 202327 Nov 202377 Days
2 Newtown Close, Andover, Hampshire, SP10 3AU£275,000£260,000-£15,00001 Jun 202224 Nov 2023541 Days

Most Expensive Streets in Andover

PostcodeStreetAreaAverageNo. of Sales
SP10 3EWThe AvenueAndover£800,0003
SP10 3EPThe AvenueAndover£715,8336
SP10 2ERWinchester RoadAndover£632,5004
SP10 2EGWinchester RoadAndover£620,0003
SP10 3ESWhynot LaneAndover£608,0004
SP10 3AFCroye CloseAndover£595,0005
SP10 2HFWellesley RoadAndover£580,5005
SP10 2FWTyhurst PlaceAndover£575,0003
SP10 2EFWinchester RoadAndover£571,2504
SP11 6RFCowslip WayAndover£568,3333

Least Expensive Streets in Andover

PostcodeStreetAreaAverageNo. of Sales
SP10 2PLMeadow HeightsWoodlands Way£89,1427
SP10 3ZJCharlton RoadAndover£107,5003
SP10 2PTWoodlandsWoodlands Way£122,3758
SP10 2RFLongstock CourtWalled Meadow£125,1005
SP10 2DUWestfield CourtOld Winton Road£125,94719
SP10 2RELongparish CourtWalled Meadow£131,2005
SP10 2BLColdharbour CourtMicheldever Road£131,3889
SP10 4BUSaxon CourtKingsway Gardens£132,5836
SP10 3GFMillway RoadAndover£134,6663
SP10 1QYForge FieldAndover£135,3405

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