Elmlea Drive - MK46 5HX
Key Postcode Insights
MK46 5HX is a residential postcode situated on Elmlea Drive, Olney, MK46 with 30 addresses.
It ranks as the 251st largest and 57th 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 30 properties: 29 houses and 1 flat.
- Ave. Sale Price
- £340,266
- 10 Year change
- up 13.8%
- Ave. Rental Price
- £1,608pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £375/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
MK46 5HX is a residential postcode situated on Elmlea Drive, Olney, MK46 with 30 addresses.
It ranks as the 251st largest and 57th 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 30 properties: 29 houses and 1 flat.
- Ave. Sale Price
- £340,266
- 10 Year change
- up 13.8%
- Ave. Rental Price
- £1,608pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £375/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin MK46 5HX
- 14 Elmlea Drive
Unknown
- 16 Elmlea Drive
Unknown
- 18 Elmlea Drive
3 Bed Mid-century House
- 20 Elmlea Drive
Unknown
- 22 Elmlea Drive
Unknown
Sales Market Trends
The last sale in MK46 5HX sold for £375,000 on 28th March 2025. Since then prices are up an average of 0.1%.
The current average value in the postcode is £340,266.
The MK46 5HX Sales Market has increased by 13.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £340,266 |
| June 2025 | 0.3% | £343,852 |
| June 2024 | -4.2% | £342,976 |
| June 2023 | 1.5% | £357,874 |
| June 2022 | 8% | £352,741 |
| June 2021 | 4.6% | £326,625 |
| June 2020 | 1.3% | £312,310 |
| June 2019 | 2.6% | £308,406 |
| June 2018 | -0.5% | £300,515 |
| June 2017 | 1% | £302,170 |
| June 2016 | 11.3% | £299,111 |
| June 2015 | 11% | £268,740 |
| June 2014 | 5.6% | £242,024 |
| June 2013 | 0.1% | £229,159 |
| June 2012 | 2.1% | £228,839 |
| June 2011 | 2.7% | £224,172 |
| June 2010 | 4.1% | £218,200 |
| June 2009 | -2.8% | £209,624 |
| June 2008 | -8.1% | £215,694 |
| June 2007 | 0% | £234,715 |
Rental Market Trends
The current average rental value in the postcode is £1,608.
The MK46 5HX Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,608pcm |
| June 2025 | 4.2% | £1,568pcm |
| June 2024 | 6.7% | £1,506pcm |
| June 2023 | 6.9% | £1,411pcm |
| June 2022 | 10.4% | £1,320pcm |
| June 2021 | 3.2% | £1,195pcm |
| June 2020 | 0.1% | £1,158pcm |
| June 2019 | 1.3% | £1,156pcm |
| June 2018 | 0.4% | £1,142pcm |
| June 2017 | 4.3% | £1,137pcm |
| June 2016 | 5.3% | £1,090pcm |
| June 2015 | 7.5% | £1,035pcm |
| June 2014 | 3.5% | £963pcm |
| June 2013 | 3.1% | £931pcm |
| June 2012 | 1.4% | £903pcm |
| June 2011 | 2.2% | £891pcm |
| June 2010 | 2.5% | £871pcm |
| June 2009 | -6.2% | £850pcm |
| June 2008 | 0.3% | £906pcm |
| June 2007 | 0% | £903pcm |
Sales History
The last sale was on 28th March 2025 for £375,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 46 sales since 1995.
MK46 5HX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£375,000 | 3 Bed House18, Elmlea Drive, Olney, MK46 5HX18, Elmlea Drive, Olney, MK46 5HX
- Sold Oct 2022£337,500 | 2 Bed House40, Elmlea Drive, Olney, MK46 5HX40, Elmlea Drive, Olney, MK46 5HX
- Sold Oct 2021£295,000 | 3 Bed House28, Elmlea Drive, Olney, MK46 5HX28, Elmlea Drive, Olney, MK46 5HX
- Sold May 2019£295,000 | 3 Bed House58, Elmlea Drive, Olney, MK46 5HX58, Elmlea Drive, Olney, MK46 5HX
- Sold Mar 2016£209,000 | 3 Bed House72, Elmlea Drive, Olney, MK46 5HX72, Elmlea Drive, Olney, MK46 5HX
Nearby Postcodes
MK46 5HX is the 251st largest and the 57th most expensive postcode out of the 297 postcodes in the MK46 area.
- MK46 5HU, Elmlea Drive, Olney, MK46MK46 5HU31 Addresses|45 m away
- MK46 5HZ, Thornlea Croft, Olney, MK46MK46 5HZ9 Addresses|77 m away
- MK46 5JF, Johnsons Field, Olney, MK46MK46 5JF24 Addresses|82 m away
- MK46 5HW, Ashlea, Olney, MK46MK46 5HW7 Addresses|105 m away
- MK46 5HN, Springfield Road, Olney, MK46MK46 5HN12 Addresses|111 m away
Property Types
- 14 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 15 other addresses of unknown type
- mid-century house (14)
- house (1)
- Unknown (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (5)
- G (0)
- D (8)
- No EPC (16)
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 School11.7 km away
More reading links
Public Transport Nearby
The closest station to MK46 5HX is Wolverton station, which is 11.9 kilometres away.
- Wolverton|11.9 km away
- Milton Keynes Central|14.2 km away
- Kempston Hardwick|15.6 km away
- Woburn Sands|15.6 km away
