The historic records of the prison are housed at the Berkshire Record Office and are the subject of a project focused on the history of ‘ordinary’ men in Berkshire charged with indecent assault/gross indecency between 1861-1967, the Broken Futures project, funded by the National Lottery Heritage Fund and managed and delivered by Support U, the LGBT+ support and wellbeing charity in the Thames Valley.

[6] There have been calls for the prison building to be preserved as an arts and cultural hub, and Reading Borough Council have confirmed that they would like to retain the complex.

[8] However, in November 2015 it was announced by Chancellor George Osborne and Justice Secretary Michael Gove that the site was to be sold to housing developers.

[13] Reading Borough Council were then given a period of exclusivity to prepare a new bid for the gaol by mid March 2021[14] On the night of 28 February 2021, graffiti artist Banksy painted a mural on the wall of the prison depicting a prisoner escaping on a rope made of bedsheets tied to a typewriter, speculated to be a reference to Wilde's imprisonment.

Damian Jones of NME noted the possible link to the ongoing campaign to save the gaol building as an arts hub, and local MP Matt Rodda also expressed the hope that the artwork would become a part of this.

[15][16] In May 2021, it was announced that Reading Borough Council's bid for the gaol had been turned down by the Ministry of Justice because the offer of £2.6 million was too low.

In January 2024, the property was sold for £7 million to the non-profit Ziran Education Foundation, run by the Chinese-born businessman Channing Bi.