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When Britain voted to leave the European Union in June 2016, many experts predicted serious problems for the UK housing market. Forecasts warned of falling house prices, reduced buyer confidence and a prolonged slowdown in property transactions. Yet a decade later, the story has been very different.
For much of the last two decades, bungalows have quietly slipped out of fashion. Overshadowed by those glossy new build developments, three storey townhouses and open plan ‘modern living’, they became seen by many as somewhere only your granny lives rather than an aspirational home move.
Binfield's private rental market has changed considerably over the last five years. In 2021, the average monthly rent in Binfield was £1,417. So far in 2026, that figure stands at £1,867.
As an agent in the Stevenage property market, I believe it is important to offer local homeowners a balanced and realistic view of both the Stevenage and national property markets.