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Rental Tracker, June 2020

Rental Tracker, June 2020

Hannah McCartan
30th June 2020

The average rent in Swansea is currently £783pcm – up 1.28% from last month.

Now we’re at the end of Q2, we can see that the average rent in Swansea has increased by 1.79% since the end of Q1 – not something we would have expected to see considering the market has been on lockdown since the end of March!

It has decreased by 0.63% compared with the average figure for June 2019, however.

Average Asking Rents in Swansea, June 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses £501pcm £637pcm £717pcm £830pcm £913pcm
Flats £577pcm £813pcm £859pcm £1,076pcm £0
All £556pcm £778pcm £757pcm £859pcm £913pcm

Difference from May 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses ** 0.31% -2.71% 0.12% 1.90%
Flats 0.87% 2.78% 8.19% 15.33% *
All 0.00% 3.46% 0.53% 2.51% 1.90%

Number of Properties Available in Swansea, June 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses 155 74 102 161 174
Flats 410 296 41 21 0
All 565 370 143 182 174

Difference from May 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses -2.52% -17.78% -12.82% -9.55% -5.43%
Flats -2.38% 9.63% -6.82% 23.53% *
All -2.42% 2.78% -11.18% -6.67% -5.43%

 

*can’t calculate as can’t divide by 0.

**an error was made in noting down last month’s average rent for 1 bedroom houses, so the difference can’t accurately be calculated.

Source: Zoopla (as at 30/06/20)

Related: Rental Tracker May 2020 / Rental Tracker April 2020

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