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Bracknell Lettings Update

The local housing market in Bracknell

Our market update in February

I think I, like many others, am more than happy to see the back of 2020. However, it was a year that presented plenty of challenges, which in turns gives us opportunities to learn and take ourselves out of our comfort zones.

We have had to adapt to constant changes in rules both in how we live our lives and how we apply ourselves in the workplace. Quarter four followed a similar pattern to that of the rest of the year. One minute in lockdown. One minute out of lockdown. The one positive is that we were better prepared than we had been previously. Video marketing and online presence is now huge. We have had to ensure that we are able to cater for those that aren’t necessarily able to meet in person, whether that’s for viewings or valuations. More and more business was done virtually and for us 10% of the lets we agreed were done by way of virtual tour in the final three months of the year which further emphasizes this.

In my previous update I spoke about the huge demand there is for rental and the lack of supply that was available. You could argue that was and still is very much the case, although there was an increase of 10% in the volume of property that became available which is a good sign. That in turn brings more tenants out of the woodwork looking to move, especially given that for so much of the year there wasn’t really an opportunity to do so unless you really needed to.

As we now move towards the end of the stamp duty holiday, there will be a lot of vendors on the market who would have hoped to have moved and taken advantage of buyers wanting to cash in on that offer. We can still make moving a reality for you whilst retaining your asset and benefiting from the extra capital in years to come. Please contact us to discuss further.


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If you would prefer to call to arrange a valuation, you can click here for a list of our local estate agent offices.

The Manager

Harry Pangborn - Lettings Manager

Bracknell Prospect Estate Agent

Harry started Prospect fresh to the industry in 2013. Since then he has developed to show a fantastic understanding of an ever changing market place. Having grown up in Bracknell and learning his trade in the Bracknell office for a year, he then made the move to Wokingham in October 2014 to further his development, Harry is now heading up our Bracknell team. His new clients have come accustomed to receiving customer service which is always of the highest prestige.


Read our Winter Lettings Update.


The local area of Bracknell

Why Bracknell is a great place to live!

The pleasant town of Bracknell is located approximately 11 miles south-east of Reading and has been voted one of the top 20 places to live in Great Britain. Bracknell is also in close vicinity to Ascot, Crowthorne, Camberley, Maidenhead and Windsor, allowing easy access to a plethora of excellent facilities.

Bracknell town centre has recently undergone a £240 million-pound redevelopment programme to create a new modern town centre which is so impressive it won 'Development of the Year' at the Revo Awards in 2017. Regenerating the town has provided people living in and around the area with over 70 new shops and restaurants in the new shopping centre, The Lexicon. The redevelopment has also provided 1,000 new homes, a new police station and bus station. A large part of the development was focused on improving the current High Street buildings and the restoration and extension of a local landmark – The Bull public house. Since undergoing development, Bracknell has risen in the retail rankings to number 33, from 255 prior to redevelopment.


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Helping the residents of Berkshire, Hampshire & Surrey move!

Since 1990, Prospect Estate Agency has successfully been helping people buy, sell, let or rent property across the Home Counties. Since first opening our doors, our ethos has always been to surpass customer expectations, be at the forefront of technology and truly celebrate property. We’ve always endeavoured to be the best, not the biggest!

We have always focused on providing our clients high-quality service. This dedication has resulted in hundreds of excellent customer reviews and recommendations as well as numerous industry awards, including the prestigious title of Best Estate Agency in Berkshire & Surrey at the UK Property Awards for the past five years running!

Discover more about what makes us different by exploring this page and our history. If you’d like to find out in person, just give us a call or arrange your free, no obligation valuation by clicking one of the buttons below.

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Local infrastructure

Key considerations including schools and leisure

Bracknell offers an excellent range of state schools, many of which hold Ofsted’s ‘Outstanding’ status.

Bracknell has excellent transport links for commuters with its Park and Ride and great train and bus links into large towns nearby such as Reading and Ascot.

Sport is a huge part of the Bracknell community with a variety of local sports clubs including Bracknell Bees Ice Hockey Club.

The Lexicon is fitted with shops such as Jack Wills, Topshop and many more. The Lexicon also offers an array of restaurants to choose from with all different styles from Portuguese, to Japanese and Italian.

St Joseph’s Catholic Primary School logo

St Joseph’s

Garth Hill College logo

Garth Hill College

The Lexicon logo

The Lexicon

Waitrose logo


Fenwick logo


Coral Reef logo

Coral Reef

John Nike logo

John Nike

Cineworld logo


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