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 bed2 bed3 bed4 bed5 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 bed2 bed3 bed4 bed5 bed
Houses**0.31%-2.71%0.12%1.90%
Flats0.87%2.78%8.19%15.33%*
All0.00%3.46%0.53%2.51%1.90%

Number of Properties Available in Swansea, June 2020

1 bed2 bed3 bed4 bed5 bed
Houses15574102161174
Flats41029641210
All565370143182174

Difference from May 2020

1 bed2 bed3 bed4 bed5 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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