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15 Melrose Gardens, Arborfield Cross, Reading, Wokingham, RG2 9PY

How much is 15 Melrose Gardens, Arborfield Cross, Reading, Wokingham, RG2 9PY worth?

Estimated value — November 2026

£557,000

Likely range £420,000 – £727,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale November 1997

52%

confidence

Medium

Typically within 12% of the sale price

Property details

Semi-detached house

Melrose Gardens · Reading · RG2 9PY

Address

District
Wokingham
County
Wokingham
See house prices in RG2 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£200k£400k£600k£800k20002002200420062008201020122014201620182020202220242026£557,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£196,677£167,883 – £229,699
2001£218,417£184,270 – £256,285
2002£259,740£216,722 – £307,846
2003£260,272£214,883 – £310,720
2004£285,640£233,966 – £341,746
2005£285,550£232,158 – £342,912
2006£312,081£251,388 – £376,788
2007£342,271£272,799 – £416,504
2008£284,987£225,202 – £348,677
2009£297,614£233,368 – £367,308
2010£313,036£245,216 – £388,607
2011£314,450£245,384 – £393,645
2012£324,109£252,398 – £409,158
2013£339,832£293,073 – £397,854
2014£394,415£336,771 – £465,944
2015£452,912£382,844 – £539,858
2016£471,104£394,191 – £566,543
2017£494,411£409,463 – £599,821
2018£481,963£395,031 – £589,835
2019£469,671£380,938 – £579,778
2020£478,977£384,388 – £596,350
2021£511,169£405,850 – £641,857
2022£563,837£442,842 – £713,976
2023£535,812£416,247 – £684,177
2024£550,196£422,715 – £708,385
2025£561,706£426,752 – £729,167
2026£557,000£420,000 – £727,000

Sale history

1995Sold
£88,500
1997Sold
+36%£119,950
2026Today — estimated
+364%£557,000

Mortgage calculator

£2,989

Estimated monthly repayment

£501,300

Loan amount

£574,902

Total interest

£1,076,202

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

15 Melrose Gardens, Arborfield Cross, Reading, Wokingham, RG2 9PY is a semi-detached house on Melrose Gardens in Reading, Wokingham. Stede's estimated value for November 2026 is £557,000. Four in five similar homes sold within their likely range when tested; for this property that range is £420,000 to £727,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 191 similar homes in the same postcode sector (25%). The confidence score is 52 out of 100 (medium): estimates like this one are typically within 12% of the eventual sale price.

It last sold in November 1997 for £119,950. It has 2 sales on record, the earliest in 1995. The current estimate is 364% higher than that price. The current owner has held it for about 29 years.

The modelled value is down 1% over the past year and up 9% over the past five years.

Among 10 nearby properties Stede tracks in the RG2 area, estimated values run from £419,000 to £532,000. This semi-detached house's £557,000 sits above that range.

Common questions

How much is 15 Melrose Gardens, Arborfield Cross, Reading, Wokingham, RG2 9PY worth?

Stede estimates 15 Melrose Gardens, Arborfield Cross, Reading, Wokingham, RG2 9PY is worth £557,000 as of November 2026, within a likely range of £420,000 to £727,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 15 Melrose Gardens, Arborfield Cross, Reading, Wokingham, RG2 9PY last sell?

It last sold in November 1997 for £119,950. There are 2 sales on record, the earliest in 1995.

What type of property is 15 Melrose Gardens, Arborfield Cross, Reading, Wokingham, RG2 9PY?

It is recorded as a Semi-detached house on Melrose Gardens in the RG2 postcode area.

How reliable is this estimate?

The confidence score is 52 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 12% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 191 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 26,552 real sales of similar homes.

  • Its sale in November 1997, brought up to today with the House Price Index£580,64675%
  • 191 similar homes sold recently in the same postcode sector£486,62125%

Estimate £557,000, likely £420,000 – £727,000

Read the full methodology and data sources →