1
2
3
Studio
£475
£602
£803
1 bed flat
2 bed flat
3 bed flat
Houses
£750
1%
-1%
-1%
-5%
£374
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
-1%
Following a yearly high of £593 in September 2024, there has been a
slight cooling in October 2024 as rents have reduced by 4%.
All regions of London have seen rents largely in line with the same
rental prices achieved last year. This suggests rents are constrained
by renter affordability and might slow their rate of increase.
Average Weekly Rent Achieved by Area
Areas
YTD Last YTD YoY
Central £666 £682 -2%
East £543 £551 -1%
North £550 £563 -2%
South £526 £522 1%
Surrey £460 £477 -4%
West £486 £485 0%
Total £572 £582 -2%
-2%
-4%
Year-on-year
Month-on-month
2024 vs 2023
October vs September
7