Midland Road, Olney, MK46

Street Guide For Midland Road, Olney, MK46

 

Midland Road, Olney, MK46 Map

Estimated Price: £497,285
Average Asking Price: £499,790
Price change in last one year: £35,263
Average Price Paid: £422,625
Average Rent Rates: £1,220

 

Property Prices Breakdown in Midland Road, Olney, MK46

Average Price for property in Midland Road, Olney, MK46 is around £497,285 which varies based on type of property you are interested in and ranges from £763,549 for detached house to around £328,144 for semi-detached. Similarly terraced house is around £345,404. Values have been changing and have risen £2,527 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,542 in last 6 months, £35,263 in last 1 year, £61,343 in last 2 years, £71,667 in last 3 years, £69,888 in last 4 years and £67,740 in last 5 years.

Currently average asking price of a property in Midland Road, Olney, MK46 is around £499,790 based on approximately 5 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,220 per month.

Estimated property value in Midland Road, Olney, MK46 is £497,285. Average asking price is £499,790 while average price paid is £306,500 which is up by £35,263 and Avg. asking rent £1,220.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Midland Road, Olney, MK46 area. In last 1 year alone average price buyer paid is around £306,500 based on approximately 5 sales in Midland Road, Olney, MK46 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £320,788. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £422,625 for 22 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £412,419 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £149,998, £211,417 for a 2 bedroom house, £315,894 for a 3 bedroom house, £563,571 for a 4 bedroom house and £866,667 for a 5 bedroom house. To sum up the asking prices for properties in Midland Road, Olney, MK46 it comes to around average £149,998 for 1 bedroom property, £211,417 for 2 bedroom, £315,894 for 3 bedroom, £563,571 for 4 bedroom and £866,667 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £604 for 1 bedroom to £717 for 2 bedrooms, £1,029 for 3 bedrooms, £1,452 for 4 bedrooms and £2,752 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £600. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £936. You should be generally be expecting around average £602 rent per month for single bedroom property, £790 for 2 bedroom, £1,029 for 3 bedroom, £1,452 for 4 bedroom and approximately £2,752 for a 5 bedroom property in Midland Road, Olney, MK46 area.

Popular Houses in Midland Road, Olney, MK46

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Midland Road, Olney, MK46