Margaret James says ..

Property Oracle says ..

Olney is a popular and highly sought-after town in Buckinghamshire, located in the South East of England. The property is situated on the High Street, which is a desirable location, often commanding higher prices. The proximity to well-regarded schools such as Olney Middle School (rated ‘Good’ by Ofsted) and several ‘Outstanding’ rated schools within a reasonable distance, adds to its appeal for families. The lack of nearby transportation information prevents a full assessment of this aspect of the location.

The property itself appears to be in good condition, based on the provided images. While some aspects may benefit from modernisation, there is no evidence of significant disrepair or the need for extensive renovations. The interior is well-maintained and presented. The property benefits from a sizeable garden, offering both privacy and outdoor space. This is a significant advantage, particularly in a town like Olney.

The list price of £1,000,000 is significantly higher than the average house price in Olney (£545,333). However, this property is substantially larger than the average (2,351 sqft vs 1,598 sqft). While the average price per sqft in the area is £341, the lack of sqft data for comparable properties makes a precise price comparison challenging. The property’s size, location, and features justify a higher price per sqft than the average, but whether the asking price accurately reflects its value requires further analysis of comparable properties with their sqft data included. The presence of a large garden and the overall quality of the property contribute to the potential justification of a higher 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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