48, Melrose Avenue
48, Melrose Avenue
Description & Estimates
Public records show 48, Melrose Avenue, Reading to be a period freehold house with 1,151 ft2 of internal area, sitting on a 210 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
48, Melrose Avenue, Reading has an estimated sale value of £504,738 and an estimated rental value of £2,047 per month, assuming reasonable condition and based on the information available.
Melrose Avenue, Reading, RG6 lies within the RG6 postal district.
Our Data Sources
48, Melrose Avenue, Reading has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 48, Melrose Avenue, Reading would be worth £529,975, with a potential rental value of £2,149 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £469,406, with a rental value of £1,904 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 48, Melrose Avenue, Reading has fallen by £13,622 (2.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £26 (1.3%). The property's estimated gross yield is currently 4.9%.
Plot Size
48, Melrose Avenue, Reading occupies a 210 m2 plot as recorded by HM Land Registry.
Of the 44 other houses in this postcode, 43 have recorded plot sizes, and this one ranks as the 21st largest.
Energy Efficiency
48, Melrose Avenue, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
48, Melrose Avenue, Reading last changed hands on 28th October 2022, selling for £565,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 0.2% since October 2022.
- Sold Oct 2022£565,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 48, Melrose Avenue, Reading across the last 2 years.
Most recently, 22, Melrose Avenue, Reading, RG6 7BN, a freehold house, sold at £525,000 on the 14th May 2025.
Read more about house prices in RG6.
•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 48, Melrose Avenue, Reading as the 38th largest and the 36th most expensive of the 44 addresses on Melrose Avenue, Reading, RG6.
Against the RG6 postcode district average, it is £29k more expensive than the typical property.
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Schools Nearby
- 400mEarley St Peter's Church of England Primary School
- 500mAlfred Sutton Primary School
- 900mAldryngton Primary School
- 500mUTC Reading
- 500mMaiden Erlegh School in Reading
- 1.1kmMaiden Erlegh School
More reading links
Public Transport Nearby
Earley station is the nearest stop to 48, Melrose Avenue, Reading at 1.2 kilometres away.
- 1.2kmEarley
- 3.0kmReading
- 3.1kmWinnersh Triangle
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
