According to the public record, 24, Freemans Gardens, Olney is a modern leasehold apartment and with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Freemans Gardens, Olney, MK46 is located within the MK46 postal district.
24, Freemans Gardens, Olney has 31 entries in the Land Registry database, most recently in September 2018 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 24 Freemans Gardens Olney as £220,286 and the rental value as £956 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 24 Freemans Gardens Olney has increased by £1,252 (0.6%) and its rental value has increased by £54 per month (5.7%).
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 24, Freemans Gardens, Olney is in very good condition we estimate a sale value of £231,300 and rental value of £1,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,866 and a rental value of £889 per month.
If you were able to purchase this property for the estimated value of £220,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,083 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 24, Freemans Gardens, Olney was last sold on 18 Sep 2018 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2018, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Freemans Gardens, Olney within a radius of 32m over the last 2 years.
The most recent example is 31, Freemans Gardens, Olney, MK46 4AU, a Leasehold flat which sold for £150,000 in May 2023.
Read more about house prices in MK46.
Freemans Gardens, Olney, MK46 has a total of 33 addresses. According to our analysis of all the public data, 24, Freemans Gardens, Olney is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in MK46.
24, Freemans Gardens, Olney has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 24, Freemans Gardens, Olney is Wolverton station which is 11.9 km 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 24, Freemans Gardens, Olney, 46.0% of property is privately owned outright and 36.0% is privately rented.
The graph below shows how this compares to Greater London 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 24, Freemans Gardens, Olney, 9.2% of residents are recorded as possessing school level qualifications and 45.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 24, Freemans Gardens, 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 24, Freemans Gardens, Olney, 0.8% 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 24, Freemans Gardens, Olney, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.