Elmlea Drive - MK46 5HU
Key Postcode Insights
MK46 5HU is a residential postcode situated on Elmlea Drive, Olney, MK46 with 31 addresses.
It ranks as the 256th largest and 155th most expensive of the 297 postcodes in the MK46 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £437,686
- 10 Year change
- up 15.4%
- Ave. Rental Price
- £1,707pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £431/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
MK46 5HU is a residential postcode situated on Elmlea Drive, Olney, MK46 with 31 addresses.
It ranks as the 256th largest and 155th most expensive of the 297 postcodes in the MK46 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £437,686
- 10 Year change
- up 15.4%
- Ave. Rental Price
- £1,707pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £431/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin MK46 5HU
- 1 Elmlea Drive
4 Bed Mid-century House
- 3 Elmlea Drive
Unknown
- 5 Elmlea Drive
Unknown
- 7 Elmlea Drive
3 Bed Mid-century House
- 9 Elmlea Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in MK46 5HU sold for £400,000 on 17th October 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £437,686.
The MK46 5HU Sales Market has increased by 15.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £437,686 |
| June 2025 | 0.2% | £444,717 |
| June 2024 | -4.4% | £443,668 |
| June 2023 | 2.4% | £463,982 |
| June 2022 | 8.6% | £453,194 |
| June 2021 | 5% | £417,334 |
| June 2020 | 1.4% | £397,378 |
| June 2019 | 2.6% | £391,893 |
| June 2018 | -0.2% | £382,046 |
| June 2017 | 0.9% | £382,821 |
| June 2016 | 11.3% | £379,346 |
| June 2015 | 11.1% | £340,733 |
| June 2014 | 5.4% | £306,723 |
| June 2013 | 0.4% | £291,125 |
| June 2012 | 2.4% | £289,823 |
| June 2011 | 2.9% | £282,915 |
| June 2010 | 5.1% | £274,982 |
| June 2009 | -1.8% | £261,761 |
| June 2008 | -7.4% | £266,496 |
| June 2007 | 0% | £287,886 |
Rental Market Trends
The current average rental value in the postcode is £1,707.
The MK46 5HU Rental Market has increased by 49.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,707pcm |
| June 2025 | 4.1% | £1,674pcm |
| June 2024 | 6.4% | £1,607pcm |
| June 2023 | 7.9% | £1,510pcm |
| June 2022 | 11% | £1,399pcm |
| June 2021 | 3.7% | £1,260pcm |
| June 2020 | 0.3% | £1,215pcm |
| June 2019 | 1.2% | £1,212pcm |
| June 2018 | 0.7% | £1,198pcm |
| June 2017 | 4.2% | £1,189pcm |
| June 2016 | 5.4% | £1,141pcm |
| June 2015 | 7.5% | £1,083pcm |
| June 2014 | 3.2% | £1,007pcm |
| June 2013 | 3.4% | £976pcm |
| June 2012 | 1.8% | £944pcm |
| June 2011 | 2.4% | £927pcm |
| June 2010 | 3.5% | £906pcm |
| June 2009 | -5.2% | £875pcm |
| June 2008 | 1% | £923pcm |
| June 2007 | 0% | £914pcm |
Sales History
The last sale was on 17th October 2025 for £400,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 38 sales since 1995.
MK46 5HU has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£400,000 | 3 Bed House17, Elmlea Drive, Olney, MK46 5HU17, Elmlea Drive, Olney, MK46 5HU
- Sold Feb 2025£595,000 | 4 Bed House39, Elmlea Drive, Olney, MK46 5HU39, Elmlea Drive, Olney, MK46 5HU
- Sold Dec 2024£430,000 | 3 Bed House55, Elmlea Drive, Olney, MK46 5HU55, Elmlea Drive, Olney, MK46 5HU
- Sold Sep 2024£477,500 | 4 Bed House57, Elmlea Drive, Olney, MK46 5HU57, Elmlea Drive, Olney, MK46 5HU
- Sold Jan 2021£263,500 | 3 Bed House49, Elmlea Drive, Olney, MK46 5HU49, Elmlea Drive, Olney, MK46 5HU
Nearby Postcodes
MK46 5HU is the 256th largest and the 155th most expensive postcode out of the 297 postcodes in the MK46 area.
- MK46 5HX, Elmlea Drive, Olney, MK46MK46 5HX30 Addresses|45 m away
- MK46 5HZ, Thornlea Croft, Olney, MK46MK46 5HZ9 Addresses|57 m away
- MK46 5BP, Spring Lane, Clifton Reynes, Olney, MK46MK46 5BP18 Addresses|77 m away
- MK46 5HW, Ashlea, Olney, MK46MK46 5HW7 Addresses|103 m away
- MK46 5JF, Johnsons Field, Olney, MK46MK46 5JF24 Addresses|121 m away
Property Types
- 1 modern house built after 1980
- 10 mid-century houses built between 1936 and 1979
- 20 other addresses of unknown type
- modern house (1)
- mid-century house (10)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (6)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Feb 2025£595,000 | 4 Bed House39, Elmlea Drive, Olney, MK46 5HU39, Elmlea Drive, Olney, MK46 5HU
- Sold Sep 2024£477,500 | 4 Bed House57, Elmlea Drive, Olney, MK46 5HU57, Elmlea Drive, Olney, MK46 5HU
- Sold Nov 2020£440,000 | 3 Bed House61, Elmlea Drive, Olney, MK46 5HU61, Elmlea Drive, Olney, MK46 5HU
Schools Nearby
- Olney Infant Academy200 m away
- Olney Middle School700 m away
- Lavendon School3.9 km away
- E-Act Ousedale School8.5 km away
- Stantonbury School11.4 km away
- Wollaston School11.8 km away
More reading links
Public Transport Nearby
The closest station to MK46 5HU is Wolverton station, which is 11.9 kilometres away.
- Wolverton|11.9 km away
- Milton Keynes Central|14.1 km away
- Kempston Hardwick|15.5 km away
- Woburn Sands|15.6 km away
