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Let: Jul-Sep 2018

Click here to download Q3 2018

 Key Findings

  • Rental values averaged £531 per week for flats and £1,208 per week for houses over the last 3 months.
  • Properties let over the last 3 months achieved an average of £36.44 per square foot per annum in rent, up from £35.38 at the same time last year, and up from £35.51 6 months ago.
  • The number of properties let over the last 3 months was down 25.9% versus the same period last year, but up 30.8% from 3 months ago.
  • Achieved rental values rose by 3.0% compared to the same period last year, and rose by 2.6% versus 3 months ago.
  • The CPI was 2.7%, and the RPI was 3.5% last month (ONS).

Current Availability

Click here to download Q3 2018

Key Findings

  • 79.4% of properties have asking prices less than £1,000 per week, up from 76.9% from the previous 3 months and down from 83.3% from the same time last year.
  • 3.5% of properties have asking prices of £2,000 or more per week.
  • 27.7% of flats and 28.6% of houses currently available have seen a reduction in asking rents since they were first put on the market.