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  • The Lexicon
    Bracknell
    Lettings Update

The local housing market in Bracknell

Our market update in September


Traditionally September is a busy month in the lettings market and following in the same vein as July and August, this year September has been busier than ever!

Tenant demand is still strong since the post lockdown rush, with us registering a record number of new applicants last month. Although the weather is turning, outside space is still a popular request from Tenants. After being couped up inside for most of the Summer, having access to a garden (shared or private) or a balcony is a huge attraction to tenants.

With more and more of us having to work from home, having somewhere to set up a home office is also a popular request right now. Because of the tenant demand for these two things, properties with an area to work from and outside space are letting the quickest.

Properties that allow pets are also still extremely popular and Landlord’s who accept them are also able to add a small premium to the monthly rent.

Last month, over 75% of properties listed in Bracknell have been let. Quite interestingly, there has been one more dominant postcode of the two that cover Bracknell, which has been RG12. Over 83% of properties listed in RG12 were converted to agreed tenancies in comparison to just 56% in RG42.

This is largely down to the popular areas of Forest Park and Martins Heron. Set a stone’s throw apart and less than a 10-minute drive from the M3 motorway and walking distance to the train station within Martins Heron itself. These locations have proved to be two of the most popular in Bracknell for many years, although it’s not just down to the fantastic travel links to London. There is a number of good schools within close proximity, a Tesco superstore and even a top of the range gym and health club.

For anyone consider investing in this location or having a property already that they would consider letting, please get in touch so we can discuss the array of excellent tenants that we have interested in your area.

If you’re thinking of letting a property or already are and would like a chat about how we can help you, book your free virtual valuation today.

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Do you want to know how much your house or apartment is worth? Whether you are looking at selling or letting your property, Prospect can provide an accurate property valuation based on the current property market.

Rest assured that you are in good hands, Prospect has won the Best Estate Agents and Lettings Agents in Berkshire and Surrey for three years running. With dedicated departments in every area or property, we have experts on hand to help you whatever your requirements.

All of our Property Valuations are FREE and No Obligation, so even if you are just curious about your property’s value, then no problem. If you decide to place your property on the market to sell or rent, don't forget that we operate ona no sales, no fee basis... so unless we're successful in selling or rentingyour property, then you'll have nothing to pay us... unlike many online agents who charge non-refundable listing fees.

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

The statistics

the numbers speak for themselves


Internet registrations in September for Prospect Estate Agents in Bracknell for lettings

The graph above shows the huge increase in tenant registration levels since the beginning of the year.


The above video shows all of the properties sold recently in the local area.

LETTING IN THE NEW NORMAL


We are still providing virtual viewings and valuations in the new normal


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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.


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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.

BRACKNELL AREA GUIDE

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ABOUT PROSPECT

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.

Full Coronavirus Update

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Local infrastructure

Key considerations including schools and leisure


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

Transport
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.

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

Shopping
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.

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