The Old Chapel, Chapel Lane - RG7 1PA
Key Building Insights
The Old Chapel, Chapel Lane is a residential building situated on Chapel Lane, Spencers Wood, Reading, RG7 with 7 addresses.
It ranks as the 323rd largest and 265th most expensive of the 377 buildings in the RG7 area. The most common property type is a modern flat built after 1980.
The building contains a total of 7 properties: 7 flats.
- Ave. Sale Price
- £302,558
- 10 Year change
- down 6.4%
- Ave. Rental Price
- £1,161pcm
- 10 Year change
- up 21.8%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Building Insights
The Old Chapel, Chapel Lane is a residential building situated on Chapel Lane, Spencers Wood, Reading, RG7 with 7 addresses.
It ranks as the 323rd largest and 265th most expensive of the 377 buildings in the RG7 area. The most common property type is a modern flat built after 1980.
The building contains a total of 7 properties: 7 flats.
- Ave. Sale Price
- £302,558
- 10 Year change
- down 6.4%
- Ave. Rental Price
- £1,161pcm
- 10 Year change
- up 21.8%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertieson Chapel Lane, Spencers Wood, Reading, RG7
- 1 The Old Chapel Chapel Lane
Modern Flat
- 2 The Old Chapel Chapel Lane
2 Bed Flat
- 3 The Old Chapel Chapel Lane
3 Bed Flat
- 4 The Old Chapel Chapel Lane
2 Bed Modern Flat
- 5 The Old Chapel Chapel Lane
2 Bed Modern Flat
Sales Market Trends
The last sale in The Old Chapel, Chapel Lane sold for £282,500 on 1st June 2023. Since then prices are down an average of 5.7%.
The current average value in the building is £302,558.
The The Old Chapel, Chapel Lane Sales Market has decreased by 6.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £302,558 |
| June 2025 | -2.7% | £315,235 |
| June 2024 | 0.8% | £323,957 |
| June 2023 | -0.8% | £321,450 |
| June 2022 | 4.3% | £324,103 |
| June 2021 | 0.7% | £310,720 |
| June 2020 | -0.3% | £308,434 |
| June 2019 | -1.9% | £309,516 |
| June 2018 | -2.4% | £315,402 |
| June 2017 | -0.1% | £323,210 |
| June 2016 | 12.4% | £323,390 |
| June 2015 | 11.8% | £287,659 |
| June 2014 | 10.9% | £257,370 |
| June 2013 | 3.5% | £232,150 |
| June 2012 | 1.8% | £224,379 |
| June 2011 | -1.8% | £220,431 |
| June 2010 | 5.2% | £224,465 |
| June 2009 | -12.1% | £213,339 |
| June 2008 | -2.6% | £242,582 |
| June 2007 | 0% | £249,097 |
Rental Market Trends
The current average rental value in the building is £1,161.
The The Old Chapel, Chapel Lane Rental Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,161pcm |
| June 2025 | 0.6% | £1,140pcm |
| June 2024 | 6.5% | £1,133pcm |
| June 2023 | 8.8% | £1,064pcm |
| June 2022 | 6.2% | £978pcm |
| June 2021 | 1.6% | £921pcm |
| June 2020 | -0.7% | £906pcm |
| June 2019 | 0.7% | £912pcm |
| June 2018 | -1.8% | £906pcm |
| June 2017 | -3.2% | £923pcm |
| June 2016 | 4% | £953pcm |
| June 2015 | 5.9% | £917pcm |
| June 2014 | 4.2% | £866pcm |
| June 2013 | 2.6% | £831pcm |
| June 2012 | 4% | £809pcm |
| June 2011 | 3% | £778pcm |
| June 2010 | 1.1% | £756pcm |
| June 2009 | -9.6% | £748pcm |
| June 2008 | 2.4% | £827pcm |
| June 2007 | 0% | £808pcm |
Sales History
The last sale was on 1st June 2023 for £282,500 and since then the market in the area has decreased by 5.7%. The building has had a total of 20 sales since 1995.
The Old Chapel, Chapel Lane, Spencers Wood, Reading, RG7 1PA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£282,500 | 2 Bed Flat4 The Old Chapel, Chapel Lane, Reading, RG7 1PA4 The Old Chapel, Chapel Lane, Reading, RG7 1PA
- Sold Oct 2022£395,000 | 2 Bed Flat2 The Old Chapel, Chapel Lane, Reading, RG7 1PA2 The Old Chapel, Chapel Lane, Reading, RG7 1PA
- Sold Feb 2019£270,000 | 2 Bed Flat4 The Old Chapel, Chapel Lane, Reading, RG7 1PA4 The Old Chapel, Chapel Lane, Reading, RG7 1PA
- Sold Nov 2018£260,000 | 2 Bed Flat6 The Old Chapel, Chapel Lane, Reading, RG7 1PA6 The Old Chapel, Chapel Lane, Reading, RG7 1PA
- Sold May 2018£260,000 | 3 Bed Flat7 The Old Chapel, Chapel Lane, Reading, RG7 1PA7 The Old Chapel, Chapel Lane, Reading, RG7 1PA
Property Types
- 4 modern flats built after 1980
- 2 flats of an unknown age
- 1 other address of unknown type
- modern flat (4)
- flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (5)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Aug 2020£625,000 | 4 Bed HouseHarwin, Chapel Lane, Reading, RG7 1BEHarwin, Chapel Lane, Reading, RG7 1BE
- Sold Oct 2016£453,500 | 3 Bed HouseRestdene, Chapel Lane, Reading, RG7 1BERestdene, Chapel Lane, Reading, RG7 1BE
- Sold Sep 2020£450,000 | 3 Bed HouseRestdene, Chapel Lane, Reading, RG7 1BERestdene, Chapel Lane, Reading, RG7 1BE
Schools Nearby
- Lambs Lane Primary School800 m away
- Grazeley Church of England Primary School1.5 km away
- Alder Grove Church of England Primary School1.7 km away
- Oakbank School1.2 km away
- Hartland High School3.6 km away
- Reading Girls' School4.8 km away
More reading links
Public Transport Nearby
The closest station to The Old Chapel, Chapel Lane, Spencers Wood, Reading, RG7 1PA is Reading Green Park station, which is 4.1 kilometres away.
- Reading Green Park|4.1 km away
- Mortimer|4.9 km away
- Earley|6.5 km away
- Reading West|7.0 km away
