Melbourne, Reading
Melbourne, Reading
Description & Estimates
We do not yet hold enough data on Melbourne, Reading to publish accurate value estimates.
Log in and add an accurate description to improve estimates in the area.
Sales and lets nearby suggest a likely sale value of £480k to £586k, with the monthly rental value between £1.8k and £2k.
Palmers Lane, Burghfield Common, Reading, RG7 lies within the RG7 postal district.
Our Data Sources
Melbourne, Reading has no recent1 records in either the Land Registry or EPC database.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Recent Market Change
Across the last 12 months, sale values in this area have decreased by 1.8% while rental values have increased by 2.4%.
Plot Size
Melbourne, Reading occupies a 348 m2 plot as recorded by HM Land Registry.
All 19 other houses in this postcode have recorded plot sizes, and this one ranks as the 12th largest.
Sold Prices
Melbourne, Reading last changed hands on 7th January 1998, selling for £143,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jan 1998£143,500
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 900 metres of Melbourne, Reading across the last 2 years.
Most recently, Rosemary Cottage, Palmers Lane, Reading, RG7 3DU, a freehold house, sold at £515,000 on the 13th March 2020.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Schools Nearby
- 700mMrs Bland's Infant School
- 700mGarland Junior School
- 2.0kmMortimer St. John's C.E. Infant School
- 600mThe Willink School
- 5.0kmTheale Green School
- 6.7kmKing's Academy Prospect
More reading links
Public Transport Nearby
Mortimer station is the nearest stop to Melbourne, Reading at 3.1 kilometres away.
- 3.1kmMortimer
- 4.4kmTheale
- 5.4kmAldermaston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.

