Publication - Statistics

Private sector rent statistics: 2010 - 2018

Published: 27 Nov 2018
Directorate:
Housing and Social Justice Directorate
Part of:
Housing, Statistics
ISBN:
9781787813991

This publication presents statistics on private sector rent levels in Scotland over the years 2010 to 2018.

60 page PDF

3.8 MB

60 page PDF

3.8 MB

Contents
Private sector rent statistics: 2010 - 2018
Main Findings for 4 Bedroom Properties

60 page PDF

3.8 MB

Main Findings for 4 Bedroom Properties

From 2017 to 2018, 12 out of 18 areas have seen increases in average rents for 4 bedroom properties. The increases ranged from 0.2% in Greater Glasgow to 25.6% in the Scottish Borders. Six areas saw decreases, ranging from a drop of 0.4% in the Ayrshires to a drop of 13.4% in East Dunbartonshire. See Chart 8 and Table 4 below.

The regional trends combine to show a 11.8% increase for 4 bedroom properties from £1,143 in 2017 to £1,278 in 2018 at the Scotland level. This compares to an increase in the UK Consumer Price Index of 2.4% in the year to Sept-18.

Over the 2010 to 2018 period, Lothian has seen the highest increase in private rents for 4 bedroom properties, with average monthly rents rising by 46.7% (cumulative increase over 8 years). Average rents in Greater Glasgow have risen by 43.1% over the same time period.

For the other areas of Scotland, cumulative increases have ranged from 2.3% in Argyll and Bute to 36.6% in Scottish Borders. No areas of Scotland have seen decreases in average rent for 4 bedroom properties between 2010 and 2018.

These regional trends combine to show a 33.3% cumulative increase from £959 in 2010 to £1,1278 in 2018 for 4 bedroom properties at the Scotland level.

Figures on changes to rents for 4 bedroom properties over the period from 2010 to 2018 should be considered in the context of the cumulative increase in the UK Consumer Price Index of 18.7% from Sept-10 to Sept-18. For example over the 8 year period, average rents for 4 bedroom properties in 13 out of the 18 areas have risen faster than the consumer price index, whilst changes in average rents for 4 bedroom properties in the other 5 areas of the country have been below the rise in the consumer price index. These can be seen in Chart 8.

Chart 8: Cumulative % Change in Average (mean) Rents from 2010 to 2018 (years to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties

Chart 8: Cumulative % Change in Average (mean) Rents from 2010 to 2018 (years to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties

Table 4: 4 Bedroom Properties - Average (mean) Monthly Rents (£): Cumulative Changes 2010 to 2018, by Broad Rental Market Area

2010 2017 2018 2010 to 2018 change 2017 to 2018 change
Lothian 1,291 1,592 1,894 46.7% 18.9%
Greater Glasgow 1,067 1,524 1,527 43.1% 0.2%
Scottish Borders 690 750 942 36.6% 25.6%
Forth Valley 857 1,095 1,148 33.9% 4.8%
Dundee and Angus 811 1,047 1,085 33.7% 3.6%
Scotland 959 1,143 1,278 33.3% 11.8%
West Dunbartonshire 821 886 1,089 32.7% 22.9%
Aberdeen and Shire 944 1,169 1,249 32.4% 6.9%
Renfrewshire / Inverclyde 834 1,095 1,061 27.2% -3.2%
Fife 773 917 979 26.6% 6.7%
South Lanarkshire 924 1,097 1,138 23.1% 3.7%
West Lothian 834 975 1,007 20.8% 3.3%
North Lanarkshire 776 889 926 19.3% 4.1%
Ayrshires 758 907 903 19.2% -0.4%
East Dunbartonshire 1,135 1,552 1,344 18.4% -13.4%
Highland and Islands 751 828 882 17.5% 6.5%
Perth and Kinross 858 1,018 993 15.8% -2.5%
Dumfries and Galloway 620 702 688 11.0% -2.0%
Argyll and Bute 924 980 945 2.3% -3.6%

See Reference Tables (Tables 7 to 14) for a more detailed breakdown of quartile and average rents for each year.

For the year to end-September 2018, Lothian had the highest average monthly rents for 4 bedroom properties across Scotland (£1,894). Other areas with higher rents included Greater Glasgow (£1,527) and East Dunbartonshire (£1,344). Areas with the lowest average rents included Dumfries and Galloway (£688), Highland and Islands (£882), and Ayrshires (£903). See Chart 9 below.

Chart 9: Average (mean) Monthly Rents 2018 (year to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties

Chart 9: Average (mean) Monthly Rents 2018 (year to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties


Contact

Email: Felix Palin