Stephen Oakley & Co says ..

Property Oracle says ..

Olney is a popular and desirable town in Buckinghamshire, known for its attractive market square, independent shops, and good schools. The property’s location on Elmlea Drive places it within reasonable proximity to Olney town centre and several well-regarded schools, including Olney Middle School (rated ‘Good’ by Ofsted) and Olney Infant Academy. This contributes positively to its desirability. Based on the provided images, the property appears to be in good condition. The interior is presented well, with modern flooring and updated kitchen appliances. There is evidence of recent improvements, such as a modern conservatory and updated bathroom. While some areas might benefit from minor cosmetic updates to personalize the space, the overall condition is above average for properties in this area. The property includes a sizeable garden, offering additional outdoor space. The garden appears well-maintained, with a variety of plants and features, including a shed and a pond. This adds to the property’s overall appeal and value. Considering the list price of £400,000, the average price of similar properties in the area (£545,333), and the property’s size (1,323 sqft), the price appears to be relatively reasonable. While the average price per square foot in the area is £341, this property is priced slightly below average, potentially reflecting its slightly smaller size compared to the average. However, the good condition, presence of a garden, and desirable location offset this. The presence of nearby properties with higher sale prices further supports the reasonableness of the asking price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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