Average earnings of first time buyers in Andover

Property website Zoopla have trawled through house price data to show how much first-time buyers need to earn to get on the housing ladder in every ward in Test Valley.

They have also revealed the average house price for first-time buyers in each ward and in Andover St Mary's you are looking at an average price of £221,575.

That’s around £13,000 cheaper than the average house price for the whole of UK - £234,612.

The data is based on the mean price paid by ward for the year ending April 2020 and assumes the first time buyer has a deposit of 15% of the property value and is required to meet a loan to income ratio of x4.

Here is the list starting from low to high:

Andover St Mary's

Median house price for first time buyers: £221,575

Income needed to buy: £47,085

Price of a 15% deposit: £33,236

Andover Harroway

Median house price for first time buyers: £260,068

Income needed to buy: £55,264

Price of a 15% deposit: £39,010

Andover Romans

Median house price for first time buyers: £260,843

Income needed to buy: £55,429

Price of a 15% deposit: £39,126

Credit- Nigel Mykura Geograph

Andover Millway

Median house price for first time buyers: £281,932

Income needed to buy: £59,911

Price of a 15% deposit: £42,290

Andover Winton

Median house price for first time buyers: £292,124

Income needed to buy: £62,076

Price of a 15% deposit: £43,819

Andover Downlands

Median house price for first time buyers: £296,597

Income needed to buy: £63,027

Price of a 15% deposit: £44,489

Romsey Tadburn

Median house price for first time buyers: £333,997

Income needed to buy: £70,974

Price of a 15% deposit: £50,100

Romsey Abbey

Median house price for first time buyers: £336,701

Income needed to buy: £71,549

Price of a 15% deposit: £50,505

Credit- Chris Allen Geograph

North Baddesley

Median house price for first time buyers: £339,640

Income needed to buy: £72,173

Price of a 15% deposit: £50,946

Bellinger

Median house price for first time buyers: £350,394

Income needed to buy: £74,459

Price of a 15% deposit: £52,559

Charlton & the Pentons

Median house price for first time buyers: £369,275

Income needed to buy: £78,471

Price of a 15% deposit: £55,391

Bourne Valley

Median house price for first time buyers: £373,646

Income needed to buy: £79,400

Price of a 15% deposit: £56,047

Valley Park

Median house price for first time buyers: £392,863

Income needed to buy: £83,483

Price of a 15% deposit: £58,929

Chilworth, Nursling & Rownhams

Median house price for first time buyers: £410,545

 Income needed to buy: £87,241

Price of a 15% deposit: £61,582

Credit - Alan Stewart Geograph

Romsey Cupernham

Median house price for first time buyers: £421,245

Income needed to buy: £89,515

Price of a 15% deposit: £63,187

Anna

Median house price for first time buyers: £474,015

Income needed to buy: £100,728

Price of a 15% deposit: £71,102

Harewood

Median house price for first time buyers: £517,354

Income needed to buy: £109,938

Price of a 15% deposit: £77,603

Blackwater

Median house price for first time buyers: £579,569

Income needed to buy: £123,158

Price of a 15% deposit: £86,935

Mid Test

Median house price for first time buyers: £129,881

Income needed to buy: £91,681

Price of a 15% deposit: £611,206

Ampfield & Braishfield

Median house price for first time buyers: £672,875

Income needed to buy: £142,986

Price of a 15% deposit: £100,931