Power BI Desktop
1
2
3
Studio
£429
£556
£746
1 bed flat
2 bed flat
3 bed flat
Houses
£726
21%
22%
22%
16%
£342
Rent Achieved
Average Weekly Rent Achieved YTD and YoY Change
Foxtons - Lettings Market
Average Rent Achieved Over Time - Foxtons Network
£400
£450
£500
£550
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020 2021 2022 24%
At £551, December's average weekly rental price remained flat with
November, hovering just below the record-breaking prices in previous
months. Given the ever-increasing competition in the London rental market,
this metric has not been affected by the expected seasonality, resulting in a
record-breaking high for December rent since the report's inception.
Central London remained, as usual, the most expensive area in London, with
average weekly rents 26% higher than the previous year.
Average Weekly Rent Achieved by Area
Areas
YTD Last YTD YoY
Central
East
North
South
Surrey
West
£643
£497
£530
£484
£423
£429
£511
£419
£440
£407
£388
£387
26%
19%
21%
19%
9%
11%
Total £534 £446 20%
20%
0%
Year-on-year
Month-on-month
2022 vs 2021
December vs November
7