Power BI Desktop
Applicant Budgets
Foxtons - Lettings Market
As demand fell, so did the budgets of potential renters. Yet,
despite a 1% month-on-month decline, applicants had already
adjusted their mindsets to expect higher rents, so budgets were
still 7% higher year-on-year.
Central and East London continued to have the highest
year-on-year increase, at 12% and 10% respectively this
November.
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
£440
£415
£407
12%
10%
8%
6%
0%
5%
Total £485 £452 7%
1 2
Studio
£462
6%
1 bed
£418
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
November vs October
5