Housing prices in Bracknell, like in many other areas, are influenced by a combination of factors that contribute to their relatively high cost. One of the primary reasons is its proximity to London, which makes it a desirable location for commuters seeking a blend of suburban life with ease of access to the capital. The town’s good transportation links, including its railway station and proximity to the M3 and M4 motorways, enhance its appeal to workers commuting to London and other major employment centres in the south-east.
Additionally, Bracknell has undergone significant regeneration over the years, exemplified by the Bracknell town centre’s recent redevelopment project, The Lexicon, which has revitalised the area with new shops, restaurants, and leisure facilities. Such improvements add to the attractiveness of living in Bracknell, thereby driving up demand for housing.
Furthermore, Bracknell benefits from good local amenities, including reputable schools and green spaces, which make it particularly appealing for families. The quality of life in the area can contribute to higher demand and, consequently, higher property prices.
Lastly, general market forces affecting the entire UK housing market, such as limited housing supply and high demand, interest rates, and government policies, also play a role at the local level in Bracknell. All these factors collectively drive up housing prices, making the cost of living in Bracknell relatively high compared to some other regions.