Power BI Desktop
1
2
3
Studio
£453
£576
£757
1 bed flat
2 bed flat
3 bed flat
Houses
£748
18%
15%
25%
11%
£360
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
2020 2021 2022 2023 20%
The average rent achieved in January 2023 remained flat for the third
consecutive month, hovering around the recent record highs. This
figure is 20% higher compared to January 2022, demonstrating the
intensity of competition between renters in the London market.
Rent has been rising across all areas of London, with increases of
25% in Central London, 20% in South London and 19% in East
London.
Average Weekly Rent Achieved by Area
Areas
YTD Last YTD YoY
Central
East
North
South
Surrey
West
£663
£532
£532
£501
£415
£470
£530
£448
£456
£418
£392
£414
25%
19%
17%
20%
6%
14%
Total £552 £460 20%
20%
-0%
Year-on-year
Month-on-month
2023 vs 2022
January vs December
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