37, Melrose Gardens
37, Melrose Gardens
Description & Estimates
The public record describes 37, Melrose Gardens, Reading as a mid-century house with 1,463 ft2 of internal area, sitting on a 383 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
37, Melrose Gardens, Reading has an estimated sale value of £539,703 and an estimated rental value of £2,360 per month, assuming reasonable condition and based on the information available.
Melrose Gardens, Arborfield Cross, Reading, RG2 lies within the RG2 postal district.
Our Data Sources
37, Melrose Gardens, Reading has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
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
In very good condition, we estimate 37, Melrose Gardens, Reading would be worth £566,688, with a potential rental value of £2,478 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £501,924, with a rental value of £2,195 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 37, Melrose Gardens, Reading has decreased by £14,485 (2.7%) over the last year. During the same period, its estimated monthly rental value has grown by £55 (2.3%). The property's estimated gross yield is currently 5.2%.
Plot Size
37, Melrose Gardens, Reading occupies a 383 m2 plot as recorded by HM Land Registry.
All 35 other houses in this postcode have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
37, Melrose Gardens, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 37, Melrose Gardens, Reading across the last 2 years.
Most recently, Corylus House, Swallowfield Road, Reading, RG2 9JR, a freehold house, sold at £577,500 on the 9th December 2024.
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
Our analysis of the public data ranks 37, Melrose Gardens, Reading as the 3rd largest and the 3rd most expensive of the 59 addresses on Melrose Gardens, Arborfield Cross, Reading, RG2.
Against the RG2 postcode district average, it is £166k more expensive than the typical property.
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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
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Public Transport Nearby
Winnersh station is the nearest stop to 37, Melrose Gardens, Reading at 4.5 kilometres away.
- 4.5kmWinnersh
- 4.8kmWinnersh Triangle
- 4.9kmWokingham
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
