Sold STC Cottage

45 WEST STREET

OLNEY, MILTON KEYNES MK46 5HH

2 beds 1 baths 570 sq ft Listed 9 Apr 2025 (-440d)

£250,000

Offers Over

Reduced on 16 Sep 2025

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Property photo

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Property details

Tenure

FREEHOLD

Floor area

53 m²

Council tax band

C

EPC rating

E

Year built

England and Wales: before 1900

Last sold

£235,000 Jan 2026

Price per m²

£4,717/m²

Local average

£664,075 (-62.4%)

Deprivation

Decile 9 (29,206 of 33,755)

Street crime

16 incidents within 1 mile (Apr 2026)

Key features

  • A CHARMING STONE COTTAGE
  • CLOSE TO LOCAL AMENITIES
  • TWO BEDROOMS
  • SOUTH FACING GARDEN
  • OUTBUILDING
  • NO UPWARD CHAIN

Additional details

Parking
Yes
Garden
Yes
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

A CHARMING TWO BEDROOM STONE COTTAGE, CONVENIENTLY LOCATED CLOSE TO ALL LOCAL AMENITIES IN A SOUGHT-AFTER LOCATION. THE PROPERTY IS OFFERED WITH NO ONWARD CHAIN AND BENEFITS FROM GAS RADIATOR CENTRAL HEATING, REPLACEMENT DOUBLE GLAZING, A FULLY ENCLOSED SOUTH FACING GARDEN, AND A BRICK-BUILT OUTBUILDING. UNRESTRICTED PARKING IS LOCATED NEARBY.


Council Tax Band: C
Tenure: Freehold

Listed by

Olney

Stephen Oakley & Co Limited

Reference: 160447832

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 13/06/2019

Expiry date: 12/06/2029

Current heating cost: £614/year

Potential heating cost: £294/year

Est. upgrade cost to C: £26,648

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Increase hot water cylinder insulation (£15 - £30)
  • Hot water cylinder thermostat (£200 - £400)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC

EPC

Price history

68% since 2009

Event Date Price % change
Sold 29/01/2026 (4 months ago) £235,000 +67.9%
Sold 16/11/2009 (16 years ago) £140,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
11 WEST SIDE RISE, OLNEY, MILTON KEYNES, MK46 5HP £413,000 13/11/2024 Detached
16 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ES £365,000 25/10/2023 Detached
4 WEST STREET, OLNEY, MILTON KEYNES, MK46 5HR £480,000 01/06/2023 Detached
37 MIDLAND ROAD, OLNEY, MILTON KEYNES, MK46 4BL £775,000 01/03/2023 Detached
5 ORCHARD RISE, OLNEY, MILTON KEYNES, MK46 5HB £975,000 05/10/2022 Detached
77 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ET £450,000 26/09/2022 Detached
62 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ET £368,500 25/07/2022 Detached
106 EAST STREET, OLNEY, MILTON KEYNES, MK46 4DJ £575,000 17/06/2022 Detached
8 ORCHARD RISE, OLNEY, MILTON KEYNES, MK46 5HB £890,000 07/04/2022 Detached
THE OLD FIRE STATION EAST STREET, OLNEY, MILTON KEYNES, MK46 4DH £895,000 14/03/2022 Detached
1 LACE MEWS, OLNEY, MILTON KEYNES, MK46 4JS £345,000 17/02/2022 Detached
2 YARDLEY ROAD, OLNEY, MILTON KEYNES, MK46 5DX £310,000 31/01/2022 Detached
2 BADGERS CLOSE, OLNEY, MILTON KEYNES, MK46 4FG £860,000 14/01/2022 Detached
63 WEST SIDE RISE, OLNEY, MILTON KEYNES, MK46 5HP £397,000 30/09/2021 Detached
36 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ES £385,000 31/08/2021 Detached
86 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ET £380,000 27/08/2021 Detached
67 WEST SIDE RISE, OLNEY, MILTON KEYNES, MK46 5HP £453,150 27/08/2021 Detached
106 HIGH STREET, OLNEY, MILTON KEYNES, MK46 4BE £699,995 30/06/2021 Detached
8 MOBBS CLOSE, OLNEY, MILTON KEYNES, MK46 4DZ £485,000 29/06/2021 Detached
Same street 43 WEST STREET, OLNEY, MILTON KEYNES, MK46 5HH £235,000 25/06/2021 Terraced
CLICKERS YARD COURT 2 YARDLEY ROAD, OLNEY, MILTON KEYNES, MK46 5FS £515,000 25/06/2021 Detached

Street average: £235,000 (1 sale)

Area average: £550,832 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 59.8%
10y growth 39.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Milton Keynes. Series: Detached. As of March 2026.

1y (index) -0.6%
5y (index) 17.6%
10y (index) 30.4%

Rental Range

Estimated market rent for Milton Keynes. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,199/mo
Realistic £1,332/mo
Optimistic £1,465/mo

Based on Local Authority from postcode lookup → Milton Keynes.

LHA (30th percentile) floor for Milton Keynes: £922/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View MK46 5HH

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop One Stop 0.1 miles
Bus stop Holes Lane 0.1 miles
Shop The Hair Rooms of Olney 0.1 miles
Hospital Willen Hospice 6.6 miles
Train station Wolverton 7.6 miles
Hospital The Manor 8.2 miles
University University of Bedfordshire Milton Keynes Campus 8.5 miles
Train station Milton Keynes Central 9.0 miles
University University of Northampton - School of Podiatry 9.2 miles

Street-level crime

Category Count
Vehicle crime 5
Violence and sexual offences 3
Anti-social behaviour 2
Other theft 2
Shoplifting 2
Other crime 1
Robbery 1
Total incidents 16

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Olney Middle School Primary 0.3 miles Good — 20 Dec 2012
Olney Infant Academy Primary 0.4 miles Outstanding — 21 Sep 2022
Lavendon School Primary 2.2 miles Outstanding — 14 Feb 2014
Newton Blossomville Church of England School Primary 2.3 miles Outstanding — 23 Jan 2024
Sherington Church of England School Primary 3.3 miles Good — 15 Jul 2015

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Semi-Detached House, West Street, MK46 £1,450/mo 2 0.03 miles OpenRent
2 Bed Semi-Detached House, Weston Road, MK46 £1,150/mo 2 0.37 miles OpenRent

Average rent: £1,300/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 7.4% gross yield avg £235,000 sale, £1,450/mo rent
Rent ratio 0.52%
Max investor price (0.8%) £162,500
Target investor price (1%) £130,000
Gross yield 6.2%
Cost-to-rent ratio 16×
Monthly cashflow £160/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2.7%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).
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