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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 5, 1-2, Wesley Gate, Reading is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 1-2, Wesley Gate, Reading is £184,373 and the estimated rental value is £1,057 per month.
The apartment is within 1, Wesley Gate, Reading, RG1.
Wesley Gate, Reading, RG1 is located within the RG1 postal district.
Flat 5, 1-2, Wesley Gate, Reading has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 5, 1-2, Wesley Gate, Reading is in very good condition we estimate a sale value of £193,592 and a rental value of £1,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,467 and a rental value of £983 per month.
Over the last 12 months the sale value of Flat 5 1-2 Wesley Gate Reading has decreased by an estimated £2,237 (1.2%) and its rental value has increased by an estimated £34 per month (3.2%), giving an expected gross yield of 6.9%.
Flat 5, 1-2, Wesley Gate, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 5, 1-2, Wesley Gate, Reading was last sold on 19th July 2021 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2021, the market for similar properties has dropped 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 1-2, Wesley Gate, Reading within a radius of 300 metres over the last 2 years.
The most recent example is Flat 16, Q2, Watlington Street, Reading, RG1 4AY, a leasehold flat which sold for £198,000 on the 14th August 2025.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wesley Gate, Reading, RG1 has a total of 33 addresses. According to our analysis of all the public data, Flat 5, 1-2, Wesley Gate, Reading is the 30th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in RG1.
The closest station to Flat 5, 1-2, Wesley Gate, Reading is Reading station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 1-2, Wesley Gate, Reading, % 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 Flat 5, 1-2, Wesley Gate, Reading, 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 Flat 5, 1-2, Wesley Gate, Reading, 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 Flat 5, 1-2, Wesley Gate, Reading, 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.
