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Swansea in Stats

December saw marginal growth again for 1, 2 and 3  bedroom properties, while rents dip on larger properties as they struggle to let over the festive period.

Average Asking Rents

  1 bed 2 bed 3 bed 4 bed 5 bed
Houses  &459pcm &606pcm &685pcm &757pcm &825pcm
Flats &532pcm &750pcm &826pcm &1058pcm &329pcm
All &510pcm &688pcm &721pcm &779pcm &818pcm

Percentage Difference in Average Asking Rents between December 2017 and January 2018

  1 bed 2 bed 3 bed 4 bed 5 bed
Houses  -1.50% 1.35% 4.42% -7.34% -9.34%
Flats 2.31% 3.58% -3.17% 15.50% 0.00%
All 1.19% 2.53% 3.74% -5.35% -9.41%

Number of Properties Available to Rent

  1 bed 2 bed 3 bed 4 bed 5 bed
Houses  104 123 125 138 156
Flats  237 159 43 11 2
All  341 282 168 149 158

Percentage Difference in Number of Properties to Rent between December 2017 and January 2018

  1 bed 2 bed 3 bed 4 bed 5 bed
Houses  4.00% 7.89% -12.59% -1.43% -3.70%
Flats  1.72% 0.63% 19.44% 22.22% 0.00%
All  2.40% 3.68% -6.15% 0.00% -3.66%

Average House Prices, December 2017

  1 bed 2 bed 3 bed 4 bed 5 bed
SA1  &0 &101,190 &151,871 &255,148 &188,883
SA2  &0 &159,392 &200,760 &241,400 &362,137
SA3  &249,950 &283,290 &311,186 &447,433 &688,413
SA4 &0 &152,742 &171,795 &241,868 &301,349
SA5  &75,000 &109,730 &159,352 &280,000 &199,995

Percentage Difference in Average House Prices between November and December 2017

  1 bed 2 bed 3 bed 4 bed 5 bed
SA1  *  -1.43% 2.92% -5.48% -37.46%
SA2  * 28.43% -6.94% -11.02% 2.00%
SA3  0.00% 0.77% -4.87% -0.50% 17.81%
SA4  -100.00% 20.68% -0.99% -2.10% 0.30%
SA5 0.00% 14.84% -2.19% 6.92% 0.00%

Average Flat Prices, December 2017

  1 bed 2 bed 3 bed
SA1  &102,702 &149,015 &395,000
SA2  &118,448 &150,424 &85,000
SA3  &135,847  &215,232 &247,679
SA4  &77,426 &83,421 &0
SA5 &0 &88,750  &0

Percentage Difference in Average Flat Prices between November and December 2017

  1 bed 2 bed 3 bed
SA1 -0.87% 4.10% 52.26%
SA2 -4.28% -5.00% *
SA3 4.70% 3.58% *
SA4  -4.41%  -0.09% *
SA5  *  1.25% *
 

 * can't calculate as can't divide by zero.

Sources: rental figures from Zoopla (as at 29/01/18), sales figures from Rightmove.
 
 
Newsletter disclaimer: The information contained in this newsletter is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm. 

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