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1 Wesley Gate is a residential building situated on Wesley Gate, Reading, RG1 with 19 addresses.
It ranks as the 1309th largest and 778th most expensive of the 1,447 buildings in the RG1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 19 properties: 19 flats.
1 Wesley Gate is a residential building situated on Wesley Gate, Reading, RG1 with 19 addresses.
It ranks as the 1309th largest and 778th most expensive of the 1,447 buildings in the RG1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 19 properties: 19 flats.
Sale prices range from £184,373 for 1 bedroom leasehold flats (365 ft2) to £218,670 for 2 bedroom leasehold flats (505 ft2) .
Monthly rental prices range from £1,057 pcm for 1 bed flats to £1,248 pcm for 2 bed flats.
The gross rental yield is between 6.8% and 6.9%.
The average value per square foot is £442.
The last sale in 1 Wesley Gate sold for £225,000 on 12th July 2022. Since then prices are down an average of 7.3%.
The current average value in the building is £203,656.
The 1 Wesley Gate Sales Market has decreased by 16.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.6% | £203,656 |
| May 2025 | -2.6% | £209,103 |
| May 2024 | -0.2% | £214,768 |
| May 2023 | -1.9% | £215,213 |
| May 2022 | 2.7% | £219,461 |
| May 2021 | -2.7% | £213,638 |
| May 2020 | -1.4% | £219,676 |
| May 2019 | -2.1% | £222,877 |
| May 2018 | -5.1% | £227,549 |
| May 2017 | -1.2% | £239,838 |
| May 2016 | 17.2% | £242,822 |
| May 2015 | 13% | £207,227 |
| May 2014 | 13% | £183,411 |
| May 2013 | 2.3% | £162,354 |
| May 2012 | 1.7% | £158,774 |
| May 2011 | -3.1% | £156,174 |
| May 2010 | 5.2% | £161,146 |
| May 2009 | -13.8% | £153,196 |
| May 2008 | -2.5% | £177,718 |
| May 2007 | 0% | £182,183 |
The current average rental value in the building is £1,165.
The 1 Wesley Gate Rental Market has increased by 22.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,165pcm |
| May 2025 | 0.4% | £1,140pcm |
| May 2024 | 7.6% | £1,136pcm |
| May 2023 | 11% | £1,056pcm |
| May 2022 | 6.1% | £952pcm |
| May 2021 | -2.1% | £897pcm |
| May 2020 | 0.2% | £916pcm |
| May 2019 | -0.3% | £915pcm |
| May 2018 | 0.1% | £917pcm |
| May 2017 | -3.5% | £916pcm |
| May 2016 | 2.5% | £949pcm |
| May 2015 | 7.5% | £926pcm |
| May 2014 | 5.2% | £861pcm |
| May 2013 | 2.4% | £819pcm |
| May 2012 | 3.7% | £799pcm |
| May 2011 | 3.1% | £770pcm |
| May 2010 | -1.2% | £747pcm |
| May 2009 | -10.2% | £756pcm |
| May 2008 | 1.9% | £842pcm |
| May 2007 | 0% | £826pcm |
The last sale was on 12th July 2022 for £225,000 and since then the market in the area has decreased by 7.3%. The building has had a total of 19 sales since 1995.
1, Wesley Gate, Reading, RG1 4FR has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 1, Wesley Gate, Reading, RG1 4FR is Reading station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Wesley Gate, Reading, RG1 4FR, % of property is and % is .
The graph below shows how this compares to South East 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 1, Wesley Gate, Reading, RG1 4FR, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Wesley Gate, Reading, RG1 4FR, 0.0% 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 1, Wesley Gate, Reading, RG1 4FR, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.