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Let: Oct-Dec 2018

Click here to download Q4 2018 report.

Key Findings

  • Rental values averaged £526 per week for flats and £1,087 per week for houses over the last 3 months.
  • Properties let over the last 3 months achieved an average of £35.69 per square foot per annum in rent, up from £35.53 at the same time last year, and down from £36.41 6 months ago.
  • The number of properties let over the last 3 months was down 12.7% versus the same period last year, but down 37.3% from 3 months ago.
  • Achieved rental values rose by 0.5% compared to the same period last year, and fell by 2.0% versus 3 months ago.
  • The CPI was 2.3%, and the RPI was 3.2% last month (ONS).

Current Availability

Click here to download Q4 2018 report.

Key Findings

  • 77.8% of properties have asking prices less than £1,000 per week, down from 79.6% from the previous 3 months and down from 80.0% from the same time last year.
  • 4.1% of properties have asking prices of £2,000 or more per week.
  • 33.6% of flats and 42.6% of houses currently available have seen a reduction in asking rents since they were first put on the market.