RG2 9PZ is a residential postcode situated on Melrose Gardens, Arborfield Cross, Reading, RG2 with 24 addresses.
It ranks as the 642nd largest and 657th most expensive of the 966 postcodes in the RG2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
RG2 9PZ is a residential postcode situated on Melrose Gardens, Arborfield Cross, Reading, RG2 with 24 addresses.
It ranks as the 642nd largest and 657th most expensive of the 966 postcodes in the RG2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
Sale prices range from £325,479 for 3 bedroom freehold houses with a garden (670 ft2) to £492,055 for 4 bedroom freehold houses with a garden (1,410 ft2) .
Monthly rental prices range from £1,762 pcm for 3 bed houses to £2,331 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 6.5%.
The average value per square foot is £405.
The last sale in RG2 9PZ sold for £405,000 on 24th February 2025. Since then prices are down an average of 2.3%.
The current average value in the postcode is £415,285.
The RG2 9PZ Sales Market has increased by 16.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £415,285 |
| April 2025 | 1.2% | £425,435 |
| April 2024 | -0.8% | £420,386 |
| April 2023 | 2.4% | £423,858 |
| April 2022 | 10% | £413,945 |
| April 2021 | 4.7% | £376,176 |
| April 2020 | 0.6% | £359,257 |
| April 2019 | -1.2% | £357,234 |
| April 2018 | -0.8% | £361,700 |
| April 2017 | 2.1% | £364,796 |
| April 2016 | 12.2% | £357,348 |
| April 2015 | 12% | £318,356 |
| April 2014 | 11.7% | £284,128 |
| April 2013 | 6.8% | £254,349 |
| April 2012 | 3.9% | £238,058 |
| April 2011 | -2.3% | £229,037 |
| April 2010 | 9.9% | £234,480 |
| April 2009 | -12.4% | £213,389 |
| April 2008 | 2.2% | £243,607 |
| April 2007 | 0% | £238,407 |
The current average rental value in the postcode is £2,079.
The RG2 9PZ Rental Market has increased by 46.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £2,079pcm |
| April 2025 | 2.1% | £2,029pcm |
| April 2024 | 7.9% | £1,988pcm |
| April 2023 | 11% | £1,843pcm |
| April 2022 | 10.9% | £1,661pcm |
| April 2021 | 4.7% | £1,498pcm |
| April 2020 | 0.1% | £1,431pcm |
| April 2019 | 1.5% | £1,429pcm |
| April 2018 | 0.1% | £1,408pcm |
| April 2017 | -0.6% | £1,407pcm |
| April 2016 | 3.5% | £1,416pcm |
| April 2015 | 4.3% | £1,369pcm |
| April 2014 | 5.5% | £1,312pcm |
| April 2013 | 7.3% | £1,244pcm |
| April 2012 | 5.3% | £1,159pcm |
| April 2011 | 2.5% | £1,101pcm |
| April 2010 | 2.6% | £1,074pcm |
| April 2009 | -6.6% | £1,046pcm |
| April 2008 | 5.1% | £1,120pcm |
| April 2007 | 0% | £1,066pcm |
The last sale was on 24th February 2025 for £405,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 35 sales since 1995.
RG2 9PZ has seen 4 sales in the last three years and no sales in the last twelve months.
RG2 9PZ is the 642nd largest and the 657th most expensive postcode out of the 966 postcodes in the RG2 area.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RG2 9PZ, 36.4% of property is privately owned with a mortgage and 29.4% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RG2 9PZ, 17.9% of residents are recorded as possessing school level qualifications and 33.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around RG2 9PZ, the average age was 37 and the most common age was 12.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RG2 9PZ, 0.9% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RG2 9PZ, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.