1
2
3
Studio
£469
£601
£813
1 bed flat
2 bed flat
3 bed flat
Houses
£794
13%
11%
12%
10%
£378
Rent Achieved
Average Weekly Rent Achieved YTD and YoY Change
Foxtons - Lettings Market
Average Rent Achieved Over Time - Foxtons Network
£350
£400
£450
£500
£550
£600
£650
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2020 2021 2022 2023 15%
Average rent prices remained high for a third month in a row, with
little change since June. So far, 2023 has the highest average rent
prices in the last three years. Rent achieved so far in 2023 is 11%
higher than in 2022 year to date.
East London, where average rent rose 14% to sit at £552, saw the
highest increase year to date from 2022.
Average Weekly Rent Achieved by Area
Areas
YTD Last YTD YoY
Central £681 £629 8%
East £552 £484 14%
North £570 £515 11%
South £521 £468 11%
Surrey £471 £414 14%
West £487 £429 14%
Total £583 £525 11%
11%
-0%
Year-on-year
Month-on-month
2023 vs 2022
August vs July
7