1
2
3
Studio
£460
£592
£822
1 bed flat
2 bed flat
3 bed flat
Houses
£788
14%
12%
14%
11%
£367
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%
The average weekly rent dipped a slight 2% in June to sit
just below £600. However, year to date in June, the average rent was
12% higher than in 2022, with East showing an 18% increase in
average rent.
Central London continued to achieve the highest average
weekly rent at £680. This was 21% higher than in North London,
which held the second highest average at £560.
Average Weekly Rent Achieved by Area
Areas
YTD Last YTD YoY
Central £680 £627 8%
East £546 £463 18%
North £560 £499 12%
South £512 £453 13%
Surrey £469 £401 17%
West £483 £436 11%
Total £577 £515 12%
12%
-2%
Year-on-year
Month-on-month
2023 vs 2022
June vs May
7