fbpx

Rental Tracker, October 2020

Rental Tracker, October 2020

Hannah McCartan
30th October 2020

The average rent in Swansea is currently £870pcm – that’s a 9.99% increase from last month.

Average Asking Rents in Swansea, October 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses £501pcm £617pcm £735pcm £914pcm £1,144pcm
Flats £564pcm £792pcm £949pcm £1,143pcm £1,910pcm
All £545pcm £744pcm £807pcm £959pcm £1,160pcm

Difference from September 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses 8.68% -0.48% 6.68% 3.75% 29.12%
Flats 0.18% -2.94% 6.15% 21.99% *
All 3.42% -4.86% 7.74% 7.51% 30.93%

Number of Properties Available in Swansea, October 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses 108 55 74 89 133
Flats 259 145 37 22 3
All 367 200 111 111 136

Difference from September 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses -12.90% 103.70% 7.25% -11.00% 9.02%
Flats 11.64% 13.28% 27.59% -12.00% *
All 3.09% 29.03% 13.27% -11.20% 11.48%

 

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

Source: Zoopla (as at 22/10/20)

Related: Rental Tracker September 2020

Other articles like this

Landlord Update: Evictions, Where Do You Stand?
Landlord Update: Evictions, Where Do You Stand?
It has never been a more challenging time to be a landlord in Wales. This is McCartan's first webinar, and it will be an in-depth dive into the eviction process ...
Swansea Rents Rise 10%
Swansea Rents Rise 10%
Rents in Swansea have increased a staggering 9.99% between September and October this year, according to stats provided by property portal Zoopla.  This puts the average asking rent at £871pcm.  Rents jumped for the same ...
“Firebreak” Lockdown Rules for Landlords
“Firebreak” Lockdown Rules for Landlords
The Welsh Government have announced that Wales will enter a “firebreak” lockdown as of 6pm this Friday (23rd October) until Monday 9th November. This will replace the local lockdown restrictions ...
Report Maintenance