Average Price for property in Olney is around £353,702 which varies based on type of property you are interested in and ranges from £460,059 for detached house to around £285,795 for semi-detached. Similarly terraced house is around £264,642 and a flat is worth £220,968. Values have been changing and have risen £3,909 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,605 in last 6 months, £23,497 in last 1 year, £45,496 in last 2 years, £49,719 in last 3 years, £53,596 in last 4 years and £45,026 in last 5 years.
Currently average asking price of a property in Olney is around £499,790 based on approximately 125 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £1,207 per month.
Estimated property value in Olney is £353,702. Average asking price is £499,790 while average price paid is £296,450 which is up by £23,497 and Avg. asking rent £1,207.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 Olney area. In last 1 year alone average price buyer paid is around £296,450 based on approximately 125 sales in Olney area alone. If you compare it to last 3 years sales of 387 properties where buyers paid around £277,651. 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 £274,593 for 683 and average amount paid for purchase of approx. 934 properties sold in last 7 years comes to about £270,256 per sale.