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Olney House Prices

The average house price in Olney is £318,500 using HM Land Registry data.

The average property price increased by £31,913 (7.31%) over the last 5 years and increased by £6,378 (1.38%) over the last 12 months.

Over the last year, there were 117 residential property sales – a decrease of 33 transactions (-28.21%) relative to the previous year. The majority of house sales (28) were in the £356,000 - £434,000 range. Then came properties in the £278,000 - £356,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,853 (-2%).

In May 2025, there were 23 new estate agency instructions, 13 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Olney

7.31%

Property prices in Olney increased by 7.31% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Olney Over the Last Year

1.38%

Property prices in Olney increased by 1.38% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Olney - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Olney

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Olney

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Olney

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Olney since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Olney area since 1995.

Recent Property Sales in Olney

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
98 East Street, Olney, Milton Keynes, MK46 4DH	£575,000	£575,000	£0	15 Nov 2024	14 Feb 2025	91 Days
32 Freemans Gardens, Olney, Milton Keynes, MK46 4AU	£320,000	£300,000	-£20,000	19 Mar 2024	24 Jan 2025	311 Days
11 Springfield Road, Olney, Milton Keynes, MK46 5HN	£475,000	£470,000	-£5,000	26 Sep 2024	23 Jan 2025	119 Days
26 Gilpin Way, Olney, Milton Keynes, MK46 4DN	£325,000	£320,000	-£5,000	21 May 2024	22 Jan 2025	246 Days
5 Long Lane, Olney, Milton Keynes, MK46 5HL	£450,000	£448,000	-£2,000	19 Sep 2024	20 Jan 2025	123 Days
21 Wellingborough Road, Olney, Milton Keynes, MK46 4BJ	£585,000	£560,000	-£25,000	22 Feb 2024	20 Jan 2025	333 Days
15 Stocken Close, Olney, Milton Keynes, MK46 5PU	£260,000	£257,500	-£2,500	11 Jun 2024	19 Dec 2024	191 Days
89 Limbrey Drive, Olney, Milton Keynes, MK46 5GE	£400,000	£400,000	£0	05 Aug 2024	18 Dec 2024	135 Days
55 Elmlea Drive, Olney, Milton Keynes, MK46 5HU	£435,000	£430,000	-£5,000	03 Sep 2024	17 Dec 2024	105 Days
29 Dickens Spinney, Olney, Milton Keynes, MK46 5PW	£185,000	£179,000	-£6,000	03 Jul 2024	13 Dec 2024	163 Days
15 Maybush Walk, Olney, Milton Keynes, MK46 5NA	£300,000	£300,000	£0	20 Sep 2024	06 Dec 2024	77 Days
19 Cowper Street, Olney, Milton Keynes, MK46 4BW	£350,000	£340,000	-£10,000	06 Sep 2024	13 Nov 2024	68 Days
12 Dickens Spinney, Olney, Milton Keynes, MK46 5PW	£220,000	£195,000	-£25,000	01 Sep 2023	13 Nov 2024	439 Days
28 Freemans Gardens, Olney, Milton Keynes, MK46 4AU	£190,000	£180,500	-£9,500	18 Oct 2013	12 Nov 2024	4043 Days
1 Rivetts Close, Olney, Milton Keynes, MK46 5PB	£279,995	£270,000	-£9,995	25 Mar 2024	08 Nov 2024	228 Days
Carousel, Near Town, Olney, Milton Keynes, MK46 4AN	£675,000	£675,000	£0	29 Jun 2024	30 Oct 2024	123 Days
52 Hipwell Court, Olney, Milton Keynes, MK46 5QB	£450,000	£447,500	-£2,500	26 Jan 2024	28 Oct 2024	276 Days
14 Dartmouth Road, Olney, Milton Keynes, MK46 4BH	£325,000	£307,000	-£18,000	19 Oct 2023	25 Oct 2024	372 Days
25 Spring Lane, Olney, Milton Keynes, MK46 5HT	£420,000	£405,000	-£15,000	16 Nov 2023	15 Oct 2024	334 Days
16 Bridge Street, Olney, Milton Keynes, MK46 4AB	£215,000	£210,000	-£5,000	10 May 2024	30 Sep 2024	143 Days

Most Expensive Streets in Olney

Postcode	Street	Area	Average	No. of Sales
MK46 5HB	Orchard Rise	Olney	£930,000	3
MK46 5AA	Weston Road	Olney	£859,000	5
MK46 4EB	High Street	Olney	£796,000	5
MK46 5LX	Stone Pit Close	Olney	£780,833	3
MK46 4FF	Millward Lane	Olney	£758,388	18
MK46 4AD	Church Street	Olney	£744,833	3
MK46 4BP	Midland Road	Olney	£729,850	8
MK46 4FD	Chater Drive	Olney	£694,500	5
MK46 4BE	High Street	Olney	£686,499	10
MK46 4BL	Midland Road	Olney	£685,333	6

Least Expensive Streets in Olney

Postcode	Street	Area	Average	No. of Sales
MK46 5FN	Newton Court	Hoppers Hill	£187,250	8
MK46 4AR	Berrells Court	Olney	£200,666	3
MK46 5NF	Slatepits Croft	Olney	£232,000	5
MK46 5PW	Dickens Spinney	Olney	£238,714	7
MK46 4AU	Freemans Gardens	Olney	£250,529	17
MK46 5DE	Foxhill	Olney	£256,166	3
MK46 5HH	West Street	Olney	£256,666	3
MK46 5FD	Wagstaff Way	Olney	£258,400	5
MK46 4BG	Kensington Place	Wellingborough Road	£261,900	5
MK46 4BU	Warwick Terrace	East Street, Olney	£280,000	3