Power BI Desktop
Applicant Budgets
Foxtons - Lettings Market
From March to April, the amount that renters budgeted to find their new
property grew 2% to £472 per week. This is the second highest
Applicant Budget in the last 4 years, which shows the effect of fierce,
sustained competition. So long as that competition remains high, we
expect Applicant Budgets to do the same.
Budgets have increased the most in Central London, rising 15% year to
date compared to 2021, and in East London, where budgets have risen
10% year to date.
Average Renter Budget Over Time - Foxtons Network
£380
£400
£420
£440
£460
£480
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020 2021 2022
Renter Budgets by Area
Areas
YTD Last YTD YoY
Central
East
North
South
Surrey
West
£524
£461
£456
£445
£408
£418
£454
£421
£434
£416
£431
£398
15%
10%
5%
7%
-5%
5%
Total £461 £427 8%
1 2
Studio
£439
7%
1 bed
£400
13%
2 bed
£475
10%
3 3 bed
£575
11%
8%
2%
Year to Date
YoY
Year-on-year
Month-on-month
2022 vs 2021
April vs March
5