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House Prices in SP11

The average house price in SP11 (Andover) is £367,219 using HM Land Registry data.

The average property price increased by £179,474 (10.06%) over the last 5 years and increased by £35,879 (1.7%) over the last 12 months.

Over the last year, there were 351 residential property sales – a decrease of 317 transactions (-90.31%) relative to the previous year. The majority of house sales (127) were in the £286,000 - £402,000 range. Then came properties in the £170,000 - £286,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,529 (-3%).

In June 2024, there were 92 new estate agency instructions, 72 agreed home sales and 51 property price reductions.

5-Year Average Property Prices in SP11 (Andover)

10.06%

Property prices in Andover increased by 10.06% 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 SP11 (Andover) Over the Last Year

1.7%

Property prices in Andover increased by 1.7% 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.

Property Market Heat Gauge for SP11 (Andover) - June 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 SP11 (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 SP11 (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 SP11 (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 SP11 (Andover) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SP11 postcode area since 1995.

Recent Sales in SP11 (Andover)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
8 Stoney Cross, Ludgershall, Andover, Wiltshire, SP11 9SH	£250,000	£250,000	£00	22 Feb 2024	16 May 2024	84 Days
Flat 5, Braust House, Weyhill Road, Weyhill, Andover, Hampshire, SP11 0PP	£180,000	£167,500	-£12,500	04 Oct 2023	15 Apr 2024	194 Days
16 Bell Street, Ludgershall, Andover, Wiltshire, SP11 9NU	£210,000	£205,000	-£5,000	21 Nov 2023	01 Mar 2024	101 Days
19 The Crescent, Hurstbourne Tarrant, Andover, Hampshire, SP11 0AP	£265,000	£265,000	£00	11 Aug 2023	01 Mar 2024	203 Days
140 Bury Hill Close, Anna Valley, Andover, Hampshire, SP11 7NA	£340,000	£330,000	-£10,000	19 Sep 2023	09 Feb 2024	143 Days
173 Bury Hill Close, Anna Valley, Andover, Hampshire, SP11 7LL	£365,000	£345,000	-£20,000	25 May 2023	15 Dec 2023	204 Days
12 Johnson Way, Ludgershall, Andover, Wiltshire, SP11 9TR	£160,000	£150,000	-£10,000	29 Sep 2023	15 Dec 2023	77 Days
Little Hurst, Ibthorpe Road, Hurstbourne Tarrant, Andover, Hampshire, SP11 0BD	£585,000	£550,000	-£35,000	11 Sep 2023	15 Dec 2023	95 Days
2 Spray Leaze, Ludgershall, Andover, Wiltshire, SP11 9PH	£390,000	£377,000	-£13,000	02 Aug 2023	14 Dec 2023	134 Days
36 Sarson Close, Amport, Andover, Hampshire, SP11 8AB	£595,000	£580,000	-£15,000	08 Jun 2023	14 Dec 2023	189 Days
East Lodge, Newbury Hill, Penton Mewsey, Andover, Hampshire, SP11 0RW	£1,250,000	£1,200,000	-£50,000	15 Nov 2022	07 Dec 2023	387 Days
10 Bell Street, Ludgershall, Andover, Wiltshire, SP11 9NU	£179,950	£152,000	-£27,950	30 May 2023	04 Dec 2023	188 Days
1 Lavender Cottages, Goodworth Clatford, Andover, Hampshire, SP11 7RJ	£775,000	£762,500	-£12,500	25 Jul 2023	28 Nov 2023	126 Days
1 The Rank, Weyhill, Andover, Hampshire, SP11 0PT	£285,000	£270,000	-£15,000	08 Aug 2023	27 Nov 2023	111 Days
The Beeches, Streetway Road, Grateley, Andover, Hampshire, SP11 7EY	£700,000	£650,000	-£50,000	03 Feb 2023	03 Nov 2023	273 Days
1 Hardyfair Close, Weyhill, Andover, Hampshire, SP11 0QR	£500,000	£470,000	-£30,000	06 Mar 2023	31 Oct 2023	239 Days
Goslings, Village Street, Thruxton, Andover, Hampshire, SP11 8NF	£995,000	£750,000	-£245,000	04 Jan 2022	27 Oct 2023	661 Days
2c, Sarson Close, Amport, Andover, Hampshire, SP11 8AB	£449,950	£410,000	-£39,950	25 Jan 2023	24 Oct 2023	272 Days
23 The Dell, Vernham Dean, Andover, Hampshire, SP11 0LF	£650,000	£625,000	-£25,000	11 May 2023	11 Oct 2023	153 Days
6b, Deacon Road, Kimpton, Andover, Hampshire, SP11 8PB	£250,000	£250,000	£00	29 Apr 2023	29 Sep 2023	153 Days

Most Expensive Streets in SP11 (Andover)

Postcode	Street	Area	Average	No. of Sales
SP11 8AP	Monxton	Andover	£1,648,333	3
SP11 7BH	Abbotts Ann	Andover	£1,588,833	3
SP11 0RW	Newbury Hill, Penton Mewsey	Andover	£1,408,600	5
SP11 7BA	Abbotts Ann	Andover	£1,331,666	3
SP11 8PS	Middlecot, Quarley	Andover	£1,240,000	4
SP11 9JE	Clanville	Andover	£1,224,666	3
SP11 7DR	Cattle Lane, Abbotts Ann	Andover	£1,207,444	3
SP11 7JS	Fullerton Road, Wherwell	Andover	£1,191,250	4
SP11 6AR	St Mary Bourne	Andover	£1,027,991	6
SP11 8AL	Monxton	Andover	£991,750	8

Least Expensive Streets in SP11 (Andover)

Postcode	Street	Area	Average	No. of Sales
SP11 9NN	Coronation Road, Ludgershall	Andover	£131,833	3
SP11 9SB	Eleanor Court, Ludgershall	Andover	£131,871	7
SP11 7PY	Clatford Manor House, Upper Clatford	Andover	£136,270	6
SP11 9FJ	Malthouse Walk, Ludgershall	Andover	£144,500	4
SP11 9FB	Spinney Road, Ludgershall	Andover	£147,666	3
SP11 9LZ	Andover Road, Ludgershall	Andover	£151,983	15
SP11 9PQ	Abbatt Close, Ludgershall	Andover	£156,285	7
SP11 6WR	Shuttle Road	Andover	£163,600	5
SP11 9NG	Andover Road, Ludgershall	Andover	£165,363	11
SP11 6ZR	Cashmere Drive	Andover	£165,437	43