2 The Old Chapel Chapel Lane

    2 THE OLD CHAPEL, CHAPEL LANE, SPENCERS WOOD, READING, RG7 1PA

    This flat/maisonette freehold property on Chapel Lane last sold in October 2022 for £395,000. Based on price growth in the RG7 district since then, its estimated current value is £379,961 — placing it in the 64th percentile nationally and the 26th percentile within RG7. The property covers 126 m² (1,356 sq ft), giving an estimated value of £3,016 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £395,000

    Oct 2022

    Estimated Valuation

    £379,961

    Est. £/sq ft

    £280/sq ft

    £3,016/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageB
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,356 sq ft (126 m²)
    EPC dateSept 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Oct 2022

    £395,000

    17 Feb 2017

    £327,500

    20 Jun 2011

    £280,000

    17 Jan 2003

    New build

    £310,000

    Key Metrics

    Estimated valuation£379,961
    Value per sq ft / m²£280/sq ft (£3,016/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG7 district percentile26th percentile
    National percentile64th percentile

    District Context — RG7

    RG7 covers Swallowfield, Shinfield, and surrounding villages in the northern part of the Reading borough, positioned between the town centre and the Berkshire countryside. It is a well-established residential area with good schools and commuter connections, appealing to families and professionals seeking semi-rural living within reach of urban amenities.

    Average Property Price - RG7

    £500,106

    80

    National percentile

    Average Net Household Income - RG7

    £51,495

    91

    National percentile

    10-Year Annualised Price Growth - RG7

    1.7%

    6

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG7

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