In the run-up to Autumn, rents have started to cool. Swansea's rental stats are showing a marked increase in availability, which we suspect is why asking rents have taken a hit. If you have a property currently available to rent, we advise getting ahead of the trend and review your asking rents to avoid a potential lengthy void.
For a more in-depth analysis of the rental market, keep an eye out for our quarterly report on Rightmove's rental tracker next week!
Average Asking Rents |
| 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
Houses | &466pcm | &577pcm | &671pcm | &913pcm | &952pcm |
Flats | &534pcm | &783pcm | &1,209pcm | &893pcm | &596pcm |
All | &509pcm | &683pcm | &785pcm | &911pcm | &936pcm |
Difference in Average Asking Rents between September and October 2017 |
| 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
Houses | -4.70% | 1.76% | -3.59% | -7.22% | -2.26% |
Flats | -2.20% | -9.27% | -37.23% | -10.25% | -12.99% |
All | -2.86% | -4.48% | -10.18% | -7.61% | -2.40% |
Number of Properties Currently Available |
| 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
Houses | 89 | 93 | 93 | 63 | 83 |
Flats | 154 | 99 | 25 | 6 | 4 |
All | 243 | 193 | 118 | 69 | 87 |
Difference in Number of Properties Available between September and October 2017 |
| 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
Houses | 1.14% | 6.90% | 4.49% | 61.54% | 48.21% |
Flats | 7.69% | 13.79% | 66.67% | 0% | 33.33% |
All | 5.19% | 10.34% | 13.46% | 53.33% | 47.46% |
Average House Prices |
| 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
SA1 | &0 | &85,495 | &146,638 | &277,852 | &277,367 |
SA2 | &0 | &168,653 | &216,239 | &285,183 | &335,303 |
SA3 | &249,950 | &237,906 | &346,028 | &428,367 | &700,320 |
SA4 | &0 | &99,404 | &170,852 | &256,061 | &310,716 |
SA5 | &718,167 | &95,874 | &176,370 | &226,561 | &195,000 |
Difference in Average House Prices between August and September 2017 |
| 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
SA1 | * | 5.24% | 0.25% | 0.31% | 0.91% |
SA2 | * | 11.80% | 5.17% | 2.06% | -4.22% |
SA3 | 0% | -11.77% | 5.27% | -5.25% | -1.04% |
SA4 | * | -18.82% | -0.33% | -2.81% | 1.96% |
SA5 | -2.40% | 3.31% | 1.91% | 9.30% | -1.79% |
Average Flat Prices |
| 1 bed | 2 bed | 3 bed |
SA1 | &108,196 | &145,958 | &415,625 |
SA2 | &91,581 | &137,247 | &0 |
SA3 | &139,246 | &253,191 | &222,000 |
SA4 | &77,560 | &85, 369 | &0 |
SA5 | &76,091 | &88,750 | &0 |
Difference in Average Flat Prices between August and September 2017 |
| 1 bed | 2 bed | 3 bed |
SA1 | 3.76% | 0.71% | 34.98% |
SA2 | 1.57% | -4.17% | * |
SA3 | -0.06% | 12.05% | -1.45% |
SA4 | 0.62% | 2.39% | * |
SA5 | 0.96% | -0.25% | * |
* can't calculate as no data/dividing by zero