25, Melrose Gardens
25, Melrose Gardens
Description & Estimates
25, Melrose Gardens, Reading is described in the public record as a mid-century house with 914 ft2 of internal area, sitting on a 410 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 25, Melrose Gardens, Reading is £414,418 and its rental estimate is £2,027 per month, given the available information and assuming reasonable condition.
Melrose Gardens, Arborfield Cross, Reading, RG2 falls within the RG2 postal district.
Our Data Sources
25, Melrose Gardens, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 25, Melrose Gardens, Reading, we estimate a market value of £435,139 and a rental value of £2,129 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,409 and £1,885 per month respectively.
Recent Market Change
Over the last year, 25, Melrose Gardens, Reading has seen its estimated sale value decline by £10,427 (2.5%) and its estimated rental value climb by £47 per month (2.3%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 25, Melrose Gardens, Reading as measuring 410 m2.
That makes it the 10th largest plot in the postcode, where all 35 other houses have recorded plot data.
Energy Efficiency
25, Melrose Gardens, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Apr 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 25, Melrose Gardens, Reading completed on 28th July 2003 at £195,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Jul 2003£195,000
- Sold May 1999£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 25, Melrose Gardens, Reading have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st May 2024, was 20, Melrose Gardens, Reading, RG2 9PZ, a freehold house which sold for £440,000.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 59 addresses on Melrose Gardens, Arborfield Cross, Reading, RG2, 25, Melrose Gardens, Reading comes out as the 34th largest and the 30th most expensive in our analysis of the public data.
It is also £41k more expensive than the average property across the RG2 district.
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Schools Nearby
- 300mThe Coombes Church of England Primary School
- 2.5kmFarley Hill Primary School
- 2.7kmShinfield St Mary's CofE Junior School
- 1.9kmBohunt School Wokingham
- 4.1kmOakbank School
- 4.6kmThe Forest School
More reading links
Public Transport Nearby
From 25, Melrose Gardens, Reading, the nearest station is Winnersh, 4.5 kilometres away.
- 4.5kmWinnersh
- 4.8kmWinnersh Triangle
- 4.9kmWokingham
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
