According to the public record, 35, Melling Close, Reading is a modern freehold house with 839 ft2 of internal area and sits on a 221 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melling Close, Earley, Reading, RG6 is located within the RG6 postal district.
35, Melling Close, Reading has 31 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 35 Melling Close Reading as £441,073 and the rental value as £1,708 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 35 Melling Close Reading has decreased by £4,752 (1.1%) and its rental value has increased by £61 per month (3.6%).
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 35, Melling Close, Reading is in very good condition we estimate a sale value of £463,127 and rental value of £1,793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,198 and a rental value of £1,588 per month.
If you were able to purchase this property for the estimated value of £441,073, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,168 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 35, Melling Close, Reading sits on a plot of 221m2.
We have plot size data on 19 out of 32 other houses in the postcode and 35, Melling Close, Reading sits on the 21st largest plot.
According to HM Land Registry, 35, Melling Close, Reading was last sold on 02 Aug 2019 for £363,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2019, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Melling Close, Reading within a radius of 660 metres over the last 2 years.
The most recent example is 5, Ribbleton Close, Reading, RG6 7XW, a Freehold house which sold for £438,000 in Aug 2022.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melling Close, Earley, Reading, RG6 has a total of 44 addresses. According to our analysis of all the public data, 35, Melling Close, Reading is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in RG6.
35, Melling Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 35, Melling Close, Reading is Winnersh Triangle station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 35, Melling Close, Reading, 48.3% of property is privately owned with a mortgage and 36.4% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 35, Melling Close, Reading, 25.1% of residents are recorded as possessing school level qualifications and 47.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 35, Melling Close, Reading, the average age was 38.8 and the most common age was 17.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 35, Melling Close, Reading, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 35, Melling Close, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.