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According to the public record, 3, Westpits, Olney is a mid-century freehold house with 947 ft2 of internal area and sits on a 499 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Westpits, Olney is £289,374 and the estimated rental value is £1,488 per month.
Westpits, Emberton, Olney, MK46 is located within the MK46 postal district.
3, Westpits, Olney has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Westpits, Olney is in very good condition we estimate a sale value of £303,843 and a rental value of £1,562 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,118 and a rental value of £1,384 per month.
Over the last 12 months the sale value of 3 Westpits Olney has increased by an estimated £1,893 (0.7%) and its rental value has increased by an estimated £28 per month (1.9%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 3, Westpits, Olney sits on a plot of 499m2.
We have plot size data on 14 out of 18 other houses in the postcode and 3, Westpits, Olney sits on the 7th largest plot.
3, Westpits, Olney has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Westpits, Olney was last sold on 30th January 2024 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Westpits, Olney within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 10, Westpits, Olney, MK46 5DB, a freehold house which sold for £322,000 on the 20th July 2023.
Read more about house prices in MK46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westpits, Emberton, Olney, MK46 has a total of 19 addresses. According to our analysis of all the public data, 3, Westpits, Olney is the 12th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in MK46.
The closest station to 3, Westpits, Olney is Wolverton station which is 10.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Westpits, Olney, 51.1% of property is privately owned outright and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Westpits, Olney, 16.6% of residents are recorded as possessing school level qualifications and 40.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Westpits, Olney, the average age was 42 and the most common age was 37.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Westpits, Olney, 3.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Westpits, Olney, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.