According to the public record, 3, Freemans Gardens, Olney is a modern leasehold apartment and with 581 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.
3, Freemans Gardens, Olney has 61 entries in the Land Registry database, most recently in November 2019 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 3 Freemans Gardens Olney as £230,903 and the rental value as £986 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 3 Freemans Gardens Olney has increased by £1,312 (0.6%) and its rental value has increased by £56 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 3, Freemans Gardens, Olney is in very good condition we estimate a sale value of £242,448 and rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,740 and a rental value of £917 per month.
If you were able to purchase this property for the estimated value of £230,903, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,135 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, 3, Freemans Gardens, Olney was last sold on 22 Nov 2019 for £200,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Nov 2019, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Freemans Gardens, Olney within a radius of 31m over the last 2 years.
The most recent example is 2, Freemans Gardens, Olney, MK46 4AU, a Leasehold flat which sold for £190,000 in Oct 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, 3, Freemans Gardens, Olney is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in MK46.
3, Freemans Gardens, Olney has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2022.
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 3, 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 3, 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 3, 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 3, 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 3, 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 3, 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.