Reading Lettings Update

The local housing market in Reading

Our market update in February

Applicant registration increased by 39% year on year in the last quarter of 2020. This is a huge increase and it shows just how much demand there is currently for properties in the Reading area. This surge in applicant registration also meant that we let 20% more properties than we did in the same quarter in 2019.

The trends throughout 2020 didn’t particularly change. Most professional tenants are looking for properties closer to Reading Town Centre or Mainline Station and outside space or additional space internally is a huge selling point.

The big change we noticed towards the end of the year was just how much competition there was out there. Granted, there were lots of tenants looking for properties, but there was also a lot of choice for tenants to choose from. We found that properties that had recently had work done or had recently been updated stood out the most and would attract the highest amount of interest. We also found that video tours became very popular throughout the cold weather and would help tenants choose a property without sometimes even coming out to see it.

OUR RECENTLY LET PROPERTIES

Flat 12, Mayer House, Chatham Place, Reading, Berkshire, RG1

Chatham Place, Reading - £1,200 PCM

Flat 1, Kings Road, Reading, Berkshire, RG1

Kings Road, Reading - £750 PCM

Waylen Street, Reading - £650 PCM

Flat 3, Argyle Street, Reading, Berkshire, RG1

Argyle Street, Reading - £625 PCM

LETTINGS VALUATION

Get a Free Lettings Valuation by filling in the form below

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 lettings 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 Lettings 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 Manager

Jake Harley - Lettings Manager

Jake started Prospect in May 2013 having been in the industry for 4 years. He came to the company as the Lettings Valuer for our Wokingham Branch but has since been promoted several times to become the Lettings Manager in our flagship head office based in Reading. Jake shares Prospects core values of being pro-active and is dedicated to delivering the best possible levels of customer service with honesty, integrity and professionalism all at the forefront of his mind.

GET IN TOUCH

Read our Winter Lettings Update.

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The local area of Reading

Why Reading is a great place to live!

Located in the heart of Berkshire, Reading is a modern and vibrant town, offering the hustle and bustle of a large town and the peace and tranquility of country living, found on the banks of two rivers: the Thames and the Kennet.

Reading town offers two large shopping centres: the Oracle and the Broad Street Mall. These shopping centres provide a place for you to shop until you drop and also enjoy an exciting nightlife, with an abundance of restaurants and a number of acclaimed bars to keep you entertained.

For those looking for a more peaceful approach to life, Reading is home to Forbury Gardens and Reading Abbey. What’s more, the town hosts the Championship football team Reading FC, who play their matches at the Madejski Stadium on the outskirts of Reading. The Madejski Stadium is also the home of Premiership Rugby team, London Irish.

READING AREA GUIDE

Looking for a property in Reading?

Use the button below to search properties in the Reading area:

Reading property search

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

Find out what we’re doing and how we can still help you

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Local infrastructure

Key considerations including schools and leisure

Schools
Reading offers a wide range of state schools, many of which hold Ofsted’s ‘Outstanding’ status.

Transport
Reading is a hot spot for commuters due to the selection of business parks locally and excellent road and rail links into Central London, Oxford, Wokingham and Maidenhead. Reading train station offers a direct and frequent link to London Paddington. nd Maidenhead. Reading train station offers a direct and frequent link to London Paddington.

Leisure
If you’re looking for something to do with the kids, Reading has a Vue Cinema and if you fancy getting active, Reading is home to Red Kangaroo Trampoline park. Reading is widely renowned for its night life. If you are looking for a big night out The Purple Turtle, Lola Lo and Revolution will give you a night you won’t forget.

Shopping
If you’re a bit of a shopaholic, Reading is fit with 71,800m2 of shopping glory – The Oracle is one of Reading’s main attractions.