Our Data Sources
Flat 40, Penny House 1, Olney has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated October 2022.
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.
Price Range & Condition
In very good condition, we estimate Flat 40, Penny House 1, Olney would be worth £405,803, with a potential rental value of £1,575 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £359,426, with a rental value of £1,395 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 40, Penny House 1, Olney has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
Flat 40, Penny House 1, Olney last changed hands on 24th May 2024, selling for £414,999. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 4.2% since May 2024.
- Sold May 2024£414,999
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 17 sales of comparable properties within 950 metres of Flat 40, Penny House 1, Olney across the last 2 years.
Most recently, Flat 20, Penny House 1, Teedon Lane, Olney, MK46 4FS, a leasehold flat, sold at £424,999 on the 1st May 2025.
Read more about house prices in MK46.
- Sold May 2025£424,999 | 3 Bed FlatFlat 20, Penny House 1, Teedon Lane, Olney, MK46 4FSFlat 20, Penny House 1, Teedon Lane, Olney, MK46 4FS
- Sold Oct 2024£399,585 | 3 Bed FlatFlat 11, Penny House 1, Teedon Lane, Olney, MK46 4FSFlat 11, Penny House 1, Teedon Lane, Olney, MK46 4FS
- Sold Jul 2024£414,999 | 3 Bed FlatFlat 19, Penny House 1, Teedon Lane, Olney, MK46 4FSFlat 19, Penny House 1, Teedon Lane, Olney, MK46 4FS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 40, Penny House 1, Olney as the 7th largest and the 15th most expensive of the 58 addresses on Teedon Lane, Olney, MK46.
Against the MK46 postcode district average, it is £56k less expensive than the typical property.
More reading links
Schools Nearby
- Olney Middle School500 m away
- Olney Infant Academy1.2 km away
- Lavendon School3.0 km away
- E-Act Ousedale School9.5 km away
- Wollaston School10.8 km away
- Sharnbrook Academy11.8 km away
More reading links
Public Transport Nearby
- Wolverton|12.9 km away
- Milton Keynes Central|15.1 km away
- Bedford|15.3 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
