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According to the public record, 48, Limbrey Drive, Olney is a modern freehold house with 1,377 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Limbrey Drive, Olney is £521,512 and the estimated rental value is £1,993 per month.
Limbrey Drive, Olney, MK46 is located within the MK46 postal district.
48, Limbrey Drive, Olney has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 48, Limbrey Drive, Olney is in very good condition we estimate a sale value of £547,587 and a rental value of £2,093 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £485,006 and a rental value of £1,854 per month.
Over the last 12 months the sale value of 48 Limbrey Drive Olney has decreased by an estimated £167 (0.0%) and its rental value has increased by an estimated £24 per month (1.2%), giving an expected gross yield of 4.6%.
48, Limbrey Drive, Olney has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 48, Limbrey Drive, Olney was last sold on 9th May 2024 for £535,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Limbrey Drive, Olney within a radius of 980 metres over the last 2 years.
The most recent example is 50, Limbrey Drive, Olney, MK46 5GF, a freehold house which sold for £535,000 on the 15th March 2024.
Read more about house prices in MK46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Limbrey Drive, Olney, MK46 has a total of 104 addresses. According to our analysis of all the public data, 48, Limbrey Drive, Olney is the 23rd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in MK46.
The closest station to 48, Limbrey Drive, Olney is Wolverton station which is 12.5 kilometres away.
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 48, Limbrey Drive, Olney, 33.3% of property is privately owned outright and 29.9% 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 48, Limbrey Drive, Olney, 22.7% of residents are recorded as possessing school level qualifications and 47.3% 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 48, Limbrey Drive, Olney, the average age was 44.5 and the most common age was 52.
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 48, Limbrey Drive, Olney, 3.4% 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 48, Limbrey Drive, Olney, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.