Rental Tracker, February 2020

Rental Tracker, February 2020

Hannah McCartan
February 28, 2020

Though stock is continuing to decrease, rents are rising – up 1.91% this month.

The average rent in Swansea is currently £784pcm.

Average Asking Rents in Swansea, February 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses £498pcm £660pcm £716pcm £826pcm £893pcm
Flats £567pcm £778pcm £798pcm £968pcm £0
All £546pcm £743pcm £740pcm £838pcm £893pcm

Difference from January 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses 2.47% 2.64% -2.32% 4.42% 3.60%
Flats 1.07% -0.51% 3.37% 8.76% *
All 1.30% 0.68% -0.94% 4.88% 3.60%

Number of Properties Available in Swansea, February 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses 168 96 127 193 216
Flats 396 227 51 18 0
All 564 323 178 211 216

Difference from January 2020

1 bed 2 bed 3 bed 4 bed 5 bed
Houses 4.35% -17.95% 13.39% -6.76% 1.41%
Flats 2.86% -12.69% -21.54% -5.26% *
All 3.30% -14.32% 0.56% -6.64% 1.41%

*can’t calculate as can’t divide by 0.

Source: Zoopla (as at 26/02/20)

Other articles like this

Championing Change: Mental Health, Equality, and Diversity in the PRS
Championing Change: Mental Health, Equality, and Diversity in the PRS
I’m thrilled to share some exciting updates about my work as a Landlord Champion for The Champions Network, run by Tai Pawb. For those who don’t know, Tai Pawb is ...
The Landlord Community – update
The Landlord Community – update
As some of you may be aware, last year I took the plunge and launched The Landlord Community, helping landlords not only in Swansea but all over Wales. Why? Because as a ...
How could the General Election Affect Landlords in Wales?
How could the General Election Affect Landlords in Wales?
While many parties are focusing on winning over the tenant vote, with scrapping ‘no fault evictions’ and going back and forth on the Renters Reform Bill, it is worth noting ...
Report Maintenance