It links the villages of Pangbourne in Berkshire, and Whitchurch-on-Thames in Oxfordshire – crossing the river just downstream of Whitchurch Lock.

The original charges ranged from a halfpenny (1⁄480 of a pound) per pedestrian, sheep, lamb, boar, sow or pig to twopence for each wheel of a vehicle and twopence for the drawing animal (though one and a half if an ass), so a 1⁄24 of a pound for a horse-drawn four-wheeled vehicle (equivalent to £6 in 2023).

[6] In November 2008 the owners' predicted a renewal was vital within a decade and so announced application to the Department for Transport to double the toll for cars to 40p.

The project was delayed for several months by exceptional flood flows in the Thames and the new bridge was finally opened on 19 September 2014.

[6] As a result of the delays and consequent overspend on the reconstruction, the company proposed a further toll increase and a public enquiry was held on 19 May 2015.

It considered 293 written objections but approved the request to increase tolls to 60p for cars and £4 for vehicles weighing more than 3.5 tonnes, on 12 August.