Power BI Desktop
Applicant Budgets
Foxtons - Lettings Market
In December, applicant budgets rose slightly, just 1% from
November 2022. Year-on-year, budgets were 7% higher.
Understandably, renters looking for properties in Central London
had to increase their budgets the most to remain competitive.
Budgets were 12% higher in Central London than in 2021, with
East London following at a 10% annual increase.
Average Renter Budget Over Time - Foxtons Network
£380
£400
£420
£440
£460
£480
£500
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
£553
£488
£487
£466
£416
£429
£494
£443
£451
£439
£414
£406
12%
10%
8%
6%
1%
5%
Total £485 £452 7%
1 2
Studio
£462
6%
1 bed
£419
10%
2 bed
£501
10%
3 3 bed
£600
9%
7%
1%
Year to Date
YoY
Year-on-year
Month-on-month
2022 vs 2021
December vs November
5