9, Melrose Gardens
9, Melrose Gardens
Description & Estimates
According to the public record, 9, Melrose Gardens, Reading is a mid-century freehold house with 936 ft2 of internal area and sits on a 325 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Melrose Gardens, Reading is £419,625 and the estimated rental value is £2,043 per month.
Melrose Gardens, Arborfield Cross, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
9, Melrose Gardens, Reading has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated March 2016.
We combine this information with that 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 9, Melrose Gardens, Reading is in very good condition we estimate a sale value of £440,606 and a rental value of £2,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,251 and a rental value of £1,900 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 9, Melrose Gardens, Reading has fallen by £10,558 (2.5%), while its estimated rental value has moved up by £47 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Plot Size
According to data from HM Land Registry, 9, Melrose Gardens, Reading sits on a plot of 325 m2.
We have plot size data on 35 out of 35 other houses in the postcode and 9, Melrose Gardens, Reading sits on the 23rd largest plot.
Energy Efficiency
9, Melrose Gardens, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 9, Melrose Gardens, Reading was last sold on 31st August 2016 for £322,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2016, the market for similar properties has risen by 2.0%.
- Sold Aug 2016£322,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Melrose Gardens, Reading within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 20, Melrose Gardens, Reading, RG2 9PZ, a freehold house which sold for £440,000 on the 1st May 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
Melrose Gardens, Arborfield Cross, Reading, RG2 has a total of 59 addresses. According to our analysis of all the public data, 9, Melrose Gardens, Reading is the 33rd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in RG2.
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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
The closest station to 9, Melrose Gardens, Reading is Winnersh station, which is 4.5 kilometres away.
- 4.5kmWinnersh
- 4.8kmWinnersh Triangle
- 4.9kmWokingham
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
