Melrose Gardens - RG2 9PY
Key Postcode Insights
RG2 9PY is a residential postcode situated on Melrose Gardens, Arborfield Cross, Reading, RG2 with 35 addresses.
It ranks as the 777th largest and 610th most expensive of the 967 postcodes in the RG2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 35 properties: 35 houses.
- Ave. Sale Price
- £413,810
- 10 Year change
- up 14.3%
- Ave. Rental Price
- £2,060pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £415/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
RG2 9PY is a residential postcode situated on Melrose Gardens, Arborfield Cross, Reading, RG2 with 35 addresses.
It ranks as the 777th largest and 610th most expensive of the 967 postcodes in the RG2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 35 properties: 35 houses.
- Ave. Sale Price
- £413,810
- 10 Year change
- up 14.3%
- Ave. Rental Price
- £2,060pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £415/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin RG2 9PY
- 1 Melrose Gardens
3 Bed Mid-century House
- 3 Melrose Gardens
4 Bed Mid-century House
- 5 Melrose Gardens
4 Bed Mid-century House
- 7 Melrose Gardens
2 Bed Mid-century House
- 9 Melrose Gardens
3 Bed Mid-century House
Sales Market Trends
The last sale in RG2 9PY sold for £376,000 on 18th December 2024. Since then prices are down an average of 3.0%.
The current average value in the postcode is £413,810.
The RG2 9PY Sales Market has increased by 14.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £413,810 |
| June 2025 | 0.5% | £426,712 |
| June 2024 | -0.1% | £424,392 |
| June 2023 | 0.6% | £424,622 |
| June 2022 | 10.4% | £422,136 |
| June 2021 | 5.7% | £382,324 |
| June 2020 | 0.9% | £361,759 |
| June 2019 | -1.6% | £358,560 |
| June 2018 | -1% | £364,494 |
| June 2017 | 1.7% | £368,066 |
| June 2016 | 11.2% | £361,978 |
| June 2015 | 11.5% | £325,574 |
| June 2014 | 12.7% | £292,010 |
| June 2013 | 2.9% | £259,111 |
| June 2012 | 2.4% | £251,786 |
| June 2011 | -1.3% | £245,867 |
| June 2010 | 12.1% | £249,058 |
| June 2009 | -8.4% | £222,181 |
| June 2008 | -2.5% | £242,480 |
| June 2007 | 0% | £248,783 |
Rental Market Trends
The current average rental value in the postcode is £2,060.
The RG2 9PY Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £2,060pcm |
| June 2025 | 2% | £2,013pcm |
| June 2024 | 6.6% | £1,973pcm |
| June 2023 | 10.7% | £1,851pcm |
| June 2022 | 12.1% | £1,672pcm |
| June 2021 | 5.6% | £1,491pcm |
| June 2020 | -0.1% | £1,412pcm |
| June 2019 | 1.3% | £1,414pcm |
| June 2018 | 0.7% | £1,397pcm |
| June 2017 | -1.5% | £1,388pcm |
| June 2016 | 3.9% | £1,409pcm |
| June 2015 | 4.2% | £1,356pcm |
| June 2014 | 5.8% | £1,301pcm |
| June 2013 | 2.3% | £1,230pcm |
| June 2012 | 3.9% | £1,202pcm |
| June 2011 | 4% | £1,157pcm |
| June 2010 | 6.3% | £1,113pcm |
| June 2009 | -5.4% | £1,047pcm |
| June 2008 | 2.6% | £1,107pcm |
| June 2007 | 0% | £1,079pcm |
Sales History
The last sale was on 18th December 2024 for £376,000 and since then the market in the area has decreased by 3.0%. The postcode has had a total of 52 sales since 1995.
RG2 9PY has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£376,000 | 3 Bed House67, Melrose Gardens, Reading, RG2 9PY67, Melrose Gardens, Reading, RG2 9PY
- Sold Aug 2024£490,000 | 4 Bed House41, Melrose Gardens, Reading, RG2 9PY41, Melrose Gardens, Reading, RG2 9PY
- Sold Apr 2024£435,000 | 3 Bed House13, Melrose Gardens, Reading, RG2 9PY13, Melrose Gardens, Reading, RG2 9PY
- Sold Apr 2022£448,250 | 3 Bed House23, Melrose Gardens, Reading, RG2 9PY23, Melrose Gardens, Reading, RG2 9PY
- Sold Feb 2022£342,000 | 3 Bed House63, Melrose Gardens, Reading, RG2 9PY63, Melrose Gardens, Reading, RG2 9PY
Nearby Postcodes
RG2 9PY is the 777th largest and the 610th most expensive postcode out of the 967 postcodes in the RG2 area.
- RG2 9PZ, Melrose Gardens, Arborfield Cross, Reading, RG2RG2 9PZ24 Addresses|62 m away
- RG2 9PF, Brant Close, Arborfield Cross, Reading, RG2RG2 9PF4 Addresses|95 m away
- RG2 9QA, Chamberlain Gardens, Arborfield Cross, Reading, RG2RG2 9QA30 Addresses|115 m away
- RG2 9QH, Harts Close, Arborfield, Reading, RG2RG2 9QH20 Addresses|162 m away
- RG2 9PQ, Eversley Road, Arborfield Cross, Reading, RG2RG2 9PQ6 Addresses|165 m away
Property Types
- 24 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 10 other addresses of unknown type
- mid-century house (24)
- house (1)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (0)
- F (0)
- C (3)
- G (0)
- D (14)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Aug 2024£490,000 | 4 Bed House41, Melrose Gardens, Reading, RG2 9PY41, Melrose Gardens, Reading, RG2 9PY
- Sold Oct 2023£450,000 | 4 Bed House16, Melrose Gardens, Reading, RG2 9PZ16, Melrose Gardens, Reading, RG2 9PZ
- Sold Apr 2022£448,250 | 3 Bed House23, Melrose Gardens, Reading, RG2 9PY23, Melrose Gardens, Reading, RG2 9PY
Schools Nearby
- The Coombes Church of England Primary School300 m away
- Farley Hill Primary School2.5 km away
- Shinfield St Mary's CofE Junior School2.7 km away
- Bohunt School Wokingham1.9 km away
- Oakbank School4.1 km away
- The Forest School4.6 km away
More reading links
Public Transport Nearby
The closest station to RG2 9PY is Winnersh station, which is 4.5 kilometres away.
- Winnersh|4.5 km away
- Winnersh Triangle|4.8 km away
- Wokingham|4.9 km away
- Earley|5.2 km away