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3 Wesley Gate is a residential building situated on Wesley Gate, Reading, RG1 with 8 addresses.
It ranks as the 1122nd largest and 301st 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 8 properties: 8 flats.
3 Wesley Gate is a residential building situated on Wesley Gate, Reading, RG1 with 8 addresses.
It ranks as the 1122nd largest and 301st 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 8 properties: 8 flats.
Sale prices range from £161,151 for 1 bedroom Leasehold flats (452 ft2) to £214,155 for 2 bedroom Leasehold flats (764 ft2) .
Monthly rental prices range from £998 pcm for 1 bed flats to £1,278 pcm for 2 bed flats.
The gross rental yield is between 7.2% and 7.4%.
The average value per square foot is £375.
The last sale in 3 Wesley Gate sold for £550,000 on 18th August 2017. Since then prices are down an average of 0.0%.
The current average value in the building is £181,027.
The 3 Wesley Gate Sales Market has decreased by 16.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.6% | £181,027 |
| May 2025 | -2.6% | £185,870 |
| May 2024 | -0.2% | £190,905 |
| May 2023 | -1.9% | £191,300 |
| May 2022 | 2.7% | £195,077 |
| May 2021 | -2.7% | £189,901 |
| May 2020 | -1.4% | £195,267 |
| May 2019 | -2.1% | £198,113 |
| May 2018 | -5.1% | £202,266 |
| May 2017 | -1.2% | £213,189 |
| May 2016 | 17.2% | £215,842 |
| May 2015 | 13% | £184,202 |
| May 2014 | 13% | £163,032 |
| May 2013 | 2.3% | £144,314 |
| May 2012 | 1.7% | £141,133 |
| May 2011 | -3.1% | £138,822 |
| May 2010 | 5.2% | £143,241 |
| May 2009 | -13.8% | £136,174 |
| May 2008 | -2.5% | £157,971 |
| May 2007 | 0% | £161,941 |
The current average rental value in the building is £1,103.
The 3 Wesley Gate Rental Market has increased by 22.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,103pcm |
| May 2025 | 0.4% | £1,079pcm |
| May 2024 | 7.6% | £1,075pcm |
| May 2023 | 11% | £999pcm |
| May 2022 | 6.1% | £901pcm |
| May 2021 | -2.1% | £849pcm |
| May 2020 | 0.2% | £867pcm |
| May 2019 | -0.3% | £866pcm |
| May 2018 | 0.1% | £868pcm |
| May 2017 | -3.5% | £867pcm |
| May 2016 | 2.5% | £899pcm |
| May 2015 | 7.5% | £876pcm |
| May 2014 | 5.2% | £815pcm |
| May 2013 | 2.4% | £775pcm |
| May 2012 | 3.7% | £756pcm |
| May 2011 | 3.1% | £729pcm |
| May 2010 | -1.2% | £707pcm |
| May 2009 | -10.2% | £716pcm |
| May 2008 | 1.9% | £797pcm |
| May 2007 | 0% | £782pcm |
The last sale was on 18th August 2017 for £550,000 and since then the market in the area has remained stable. The building has had a total of 3 sales since 1995.
3, Wesley Gate, Reading, RG1 4AP has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 3, Wesley Gate, Reading, RG1 4AP 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 3, Wesley Gate, Reading, RG1 4AP, % 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 3, Wesley Gate, Reading, RG1 4AP, 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 3, Wesley Gate, Reading, RG1 4AP, 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 3, Wesley Gate, Reading, RG1 4AP, 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.