Looking at the data this month, there is an obvious increase in stock, and a corresponding decrease in average asking rents.
We are running an offer for tenants for the month of December - &100.00 off total tenant application fees for all our properties. We will, of course, still be conducting our usual level of vetting and referencing, but we hope this will help combat the seasonal lull.
Average Asking Rents, November 2018
| | 1 Bed | 2 Bed | 3 Bed | 4 Bed | 5 Bed |
| Houses | &536.00 | &613.00 | &675.00 | &709.00 | &815.00 |
| Flats | &541.00 | &820.00 | &909.00 | &998.00 | &622.00 |
| All | &537.00 | &748.00 | &729.00 | &735.00 | &810.00 |
Difference from October 2018
| | 1 Bed | 2 Bed | 3 Bed | 4 Bed | 5 Bed |
| Houses | 16.52% | 4.61% | -1.89% | -22.77% | -3.78% |
| Flats | -1.64% | -5.53% | -12.68% | -22.27% | 78.22% |
| All | 2.68% | -3.36% | -6.18% | -22.06% | -1.94% |
Number of Properties Available, November 2018
| | 1 Bed | 2 Bed | 3 Bed | 4 Bed | 5 Bed |
| Houses | 91 | 126 | 142 | 145 | 245 |
| Flats | 233 | 231 | 42 | 14 | 6 |
| All | 323 | 358 | 184 | 159 | 251 |
Difference from November 2018
| | 1 Bed | 2 Bed | 3 Bed | 4 Bed | 5 Bed |
| Houses | 22.97% | 55.56% | 59.55% | 107.14% | 169.23% |
| Flats | 33.14% | 41.72% | 40.00% | 180.00% | 50.00% |
| All | 29.72% | 46.72% | 54.62% | 112.00% | 164.21% |
Sources: rental data from
Zoopla as at 30/11/18.
