Flats in Bracknell Beat Wokingham Flats by 96%!!

I know. I couldn't believe it either but the stats show that flats in Bracknell have outperformed...

I know. I couldn't believe it either but the stats show that flats in Bracknell have outperformed their neighbours in Wokingham by 96% between 1995 and 2015.

As you can see from the tables below an average flat in Wokingham has increased by 250% in the last 20 years. However Bracknell flats have had steroid busting growth of 346%. This compares with the Berkshire average of 306%.

Median Property Selling Prices in Wokingham (£000's)

                                         Jan 1995          May 2015   Change

 Detached                         £116,000          £472,500     +307%
 Semi                                 £80,000           £379,950     +375%
 Terraced                          £67,250            £285,000     +324%
 Flat                                   £64,250             £225,000     +250%

Median Property Selling Prices in Bracknell (£000's)

                                       Jan 1995            May 2015    Change

 Detached                     £125,000            £462,000     +270%                                                    Semi                              £78,250              £367,000     +369%                                                  Terraced                       £57,000              £261,750      +359%                                                  Flat                                £44,875              £200,250      +346%

Put that against returns of 89% from the FTSE 100 over the same period and it looks even more spectacular.

We have all heard of the phrase 'lies, damned lies and statistics' and i think these stats are misleading. If you look at the tables, the price difference between flats in Bracknell and Wokingham in 1995 was just under £20k, yet 20 years later the price difference is still only just under £25k.

Statistics can be misleading but however you look at it they are impressive returns and that is without taking into account any rent an investor may have received.

If you would enjoy a friendly chat about property why not pop into our office on Market Street.

Belvoir Bracknell don’t sell property, we are lettings specialists, but we do guide people based on our experience as to what might make a good buy to let property investment in the Bracknell, Wokingham, Crowthorne and Binfield area. We don’t charge for this service but we would like to manage your property or help you find great tenants.

Back to the blog

Related Posts

#MovingMemories

We're excited to be launching a brand new video campaign today, #MovingMemories.

Read More
Be in.. Sheffield

Known as 'The Steel City' Sheffield was famous for its industry, however as a growing cultural, modern cityscape arises what is there to discover in...

Read More
Tips for Living Alone

With results day fast approaching, thousands of 18 year olds will be off to University in September. For the majority, it will be the first...

Read More