Postcode MK46 5AJ is located in a rural village, within the Olney area of Milton Keynes in the South East region, and forms part of the Olney & Lavendon area. It has low deprivation and very low crime levels, with around 28.8 crimes per 1,000 residents per year, about 66% below the South East average of 84 per 1,000. The average income per household in Olney & Lavendon is £70,722 per year. The median sale price in Olney is £406,500 (around £397 per square foot), with typical sale prices between £314,625 and £546,875. The nearest station is Wolverton, about 6.1 miles away.
Olney & Lavendon has a low level of deprivation, ranked at position 21,064 out of 32,844 areas in England, placing it within the bottom 36% least deprived areas in England.
Olney & Lavendon has a very low crime rate, with approximately 28.8 reported incidents per 1,000 population each year.
Approximately 8.1% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 7.2% of dwellings are socially rented.
The average income per household in Olney & Lavendon is £70,722 per year.
No significant noise sources from railways or roads near MK46 5AJ.
Olney & Lavendon near MK46 5AJ has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.
The nearest station is Wolverton located about 6.1 miles away. There are no other stations nearby.
Based on 164 recent sales, the median property price is £406,500 (about £397 per square foot) in Olney area, with individual transactions ranging from £80,000 up to £1,500,000.
| Type | Sales | Median | £/sq ft |
|---|---|---|---|
| Detached | 71 | £555,000 | £398 |
| Semi-Detached | 45 | £345,000 | £400 |
| Terraced | 35 | £342,500 | £394 |
| Flats | 13 | £230,000 | £349 |
Sale price
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £465,000 | £207,250 | £302,500 | £254,950 |
| 2017 | £411,250 | £209,725 | £318,000 | £292,250 |
| 2018 | £473,500 | £208,250 | £292,000 | £282,500 |
| 2019 | £479,998 | £200,000 | £297,500 | £270,000 |
| 2020 | £565,000 | £222,000 | £326,750 | £282,000 |
| 2021 | £560,000 | £217,000 | £350,000 | £300,000 |
| 2022 | £570,000 | £220,000 | £380,000 | £350,000 |
| 2023 | £590,000 | £224,995 | £345,000 | £326,250 |
| 2024 | £560,000 | £314,999 | £353,750 | £300,000 |
| 2025 | £562,500 | £230,000 | £362,000 | £316,000 |
| 2026 | £545,000 | £169,000 | £350,000 | £327,000 |
Price per sq ft
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £310 | £386 | £314 | £307 |
| 2017 | £324 | £318 | £330 | £304 |
| 2018 | £343 | £358 | £329 | £316 |
| 2019 | £356 | £329 | £350 | £338 |
| 2020 | £346 | £321 | £329 | £352 |
| 2021 | £380 | £337 | £369 | £364 |
| 2022 | £401 | £360 | £413 | £403 |
| 2023 | £392 | £350 | £369 | £375 |
| 2024 | £391 | £466 | £379 | £386 |
| 2025 | £394 | £422 | £388 | £386 |
| 2026 | £406 | £312 | £404 | £404 |
There were 4 recent sold properties in the last 18 months near MK46 5AJ.
| Date | Address | Type | Tenure | Price | Map |
|---|---|---|---|---|---|
| 20 Mar 2026 | 15, Common Street, Olney, MK46 5AR | Semi-Detached | Freehold | £313,500 | |
| 27 Feb 2026 | The Wheatsheaf, Common Street, Olney, MK46 5AR | Detached | Freehold | £865,000 | |
| 08 Aug 2025 | 11, Common Street, Olney, MK46 5AR | Terraced | Freehold | £482,500 | |
| 29 Aug 2025 | 2, Meadow Court, Olney, MK46 5NT | Detached | Freehold | £427,000 |
In the MK46 5AJ postcode area, located within Olney & Lavendon, there are no schools in close proximity.
Annual council tax rates for Milton Keynes district.
Council tax bands are based on the value of your property. Most homes fall into bands A to D.
Elected local representatives for MK46 5AJ, including ward councillors and the local member of parliament.
Keith McLean
Olney - Elected 2 May 2024
Chris Curtis
Milton Keynes North - Elected 4 Jul 2024
The area around MK46 5AJ records about 29 crimes per 1,000 residents per year, which is a very low crime rate for England: it scores 2 out of 10 on the Area360 crime scale, where 10 is the highest crime level. Across South East as a whole the rate is about 84 per 1,000. The most common offences locally are violence and sexual offences, other theft and anti-social behaviour.
The median sale price around MK46 5AJ in Olney is £406,500 (about £397 per square foot) based on 164 registered sales according to HM Land Registry data.
MK46 5AJ scores 4 out of 10 on the deprivation scale, where 10 is the most deprived. Its neighbourhood ranks 21,064 of 32,844 in England on the official Index of Multiple Deprivation (rank 1 is the most deprived).
The Member of Parliament for Milton Keynes North covering MK46 5AJ is Chris Curtis (Labour Party), elected at the 2024 general election. The area is represented by 1 local councillor: Keith McLean (Conservative and Unionist Party).