1
2
3
Studio
£457
£595
£771
1 bed flat
2 bed flat
3 bed flat
Houses
£719
1%
3%
2%
-3%
£361
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
2021 2022 2023 2024
-0%
Rental prices decreased by 1% in January 2024 compared to
the same period in 2023, this small decrease in rental price can be
attributed to increasing supply.
The average rent achieved at the start of the year in London
was £544. Central London commanded the highest rent achieved at
£627, emphasizing its position as a prime rental location.
Average Weekly Rent Achieved by Area
Areas
YTD Last YTD YoY
Central £627 £663 -5%
East £502 £530 -5%
North £540 £524 3%
South £504 £504 0%
Surrey £412 £415 -1%
West £484 £472 3%
Total £544 £552 -1%
-1%
-2%
Year-on-year
Month-on-month
2024 vs 2023
January vs December
7