Applicant Budgets
Foxtons - Lettings Market
Applicant budgets continued to grow, as compared to previous
years, despite a seasonal 3% decline from August to September.
West London saw the highest increase in applicant budgets with
an 11% year-to-date increase compared to 2022. Central London
commanded the highest applicant budgets at £581 per week.
Average Renter Budget Over Time - Foxtons Network
£400
£420
£440
£460
£480
£500
£520
£540
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2020 2021 2022 2023
Renter Budgets by Area
Areas
YTD Last YTD YoY
Central £581 £552 5%
East £533 £489 9%
North £533 £486 10%
South £480 £465 3%
Surrey £429 £417 3%
West £478 £429 11%
Total £517 £485 7%
1 2
Studio
£491
6%
1 bed
£447
7%
2 bed
£538
8%
3 3 bed
£636
6%
7%
-3%
Year to Date
YoY
Year-on-year
Month-on-month
2023 vs 2022
September vs August
5