Mill Close, Olney
Mill Close, Olney
Description & Estimates
Public records show Mill Close, Olney to be a period freehold house with 1,582 ft2 of internal area, sitting on a 974 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Mill Close, Olney has an estimated sale value of £985,035 and an estimated rental value of £3,103 per month, assuming reasonable condition and based on the information available.
Church Street, Olney, MK46 lies within the MK46 postal district.
Our Data Sources
Mill Close, Olney has 31 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Mill Close, Olney would be worth £1,034,286, with a potential rental value of £3,258 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £916,082, with a rental value of £2,886 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Mill Close, Olney has decreased by £2,602 (0.3%) over the last year. During the same period, its estimated monthly rental value has grown by £54 (1.7%). The property's estimated gross yield is currently 3.8%.
Plot Size
Mill Close, Olney occupies a 974 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
Mill Close, Olney has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Sep 2022.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Mill Close, Olney last changed hands on 6th July 2023, selling for £1,022,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 15.6% since July 2023.
- Sold Jul 2023£1,022,500
- Sold Feb 2018£912,500
- Sold Jul 1995£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of Mill Close, Olney across the last 2 years.
Most recently, 9A, Spring Lane, Olney, MK46 5BN, a freehold house, sold at £877,500 on the 17th August 2023.
Read more about house prices in MK46.
- Sold Aug 2023£877,500 | 4 Bed House9A, Spring Lane, Olney, MK46 5BN9A, Spring Lane, Olney, MK46 5BN
- Sold Oct 2022£975,000 | 5 Bed House5, Orchard Rise, Olney, MK46 5HB5, Orchard Rise, Olney, MK46 5HB
- Sold Jun 2019£710,000 | 4 Bed House4, Orchard Rise, Olney, MK46 5HB4, Orchard Rise, Olney, MK46 5HB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Mill Close, Olney as the 12th largest and the 4th most expensive of the 20 addresses on Church Street, Olney, MK46.
Against the MK46 postcode district average, it is £539k more expensive than the typical property.
More reading links
Schools Nearby
- 800mOlney Infant Academy
- 1.3kmOlney Middle School
- 3.5kmNewton Blossomville Church of England School
- 8.2kmE-Act Ousedale School
- 11.1kmStantonbury School
- 12.1kmWollaston School
More reading links
Public Transport Nearby
Wolverton station is the nearest stop to Mill Close, Olney at 11.8 kilometres away.
- 11.8kmWolverton
- 13.8kmMilton Keynes Central
- 14.9kmKempston Hardwick
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
