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 1 Bedroom in a Shared Property

60 page PDF

3.8 MB

Main Findings for 1 Bedroom in a Shared Property

From 2017 to 2018, 12 out of 18 areas have seen increases in average rents for 1 bedroom shared properties. The increases ranged from 1.0% in Dumfries and Galloway to 14.4% in the Scottish Borders. There were five areas that saw decreases, ranging from a drop of 10.1% in East Dunbartonshire to a drop of 1.2% in Aberdeen and Shire. This is the third consecutive annual decrease for Aberdeen and Shire, which is likely to reflect decreased demand for rental properties in recent years following the downturn in the oil industry. See Chart 10 and Table 5 below.

These regional trends combine to show an increase of 4.7% in average rents from £350 in 2017 to £366 in 2018 for 1 bedroom in a shared property 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 8 year period from 2010 to 2018, the Scottish Borders have seen the highest increase in average private rents for 1 bedroom shared properties, with average rents rising by 39.7% (cumulative increase over 8 years).

A further 7 areas have seen increases that were higher than the Scotland average over the 8 years (22.1%). These ranged from 23.1% in Greater Glasgow to 37.3% in Fife. Other areas that saw increases to a lesser extent ranged from 1.4% in Argyll and Bute to 19.0% in Perth and Kinross.

These regional trends combine to show a 22.1% cumulative increase from £300 in 2010 to £366 in 2018 for 1 bedroom shared properties at the Scotland level.

Figures on changes to rents for 1 bedroom shared 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. Over the 8 year period, average rents for 1 bedroom shared properties in 10 out of 18 areas of Scotland have risen faster than the consumer price index, whilst changes in average rents for 1 bedroom shared properties in other areas of the country have been below the rise in the consumer price index. This is shown on Chart 10.

Chart 10: Cumulative % Change in Average (mean) Rents from 2010 to 2018 (years to end-Sept), by Broad Rental Market Area - 1 bedroom shared properties

Chart 10: Cumulative % Change in Average (mean) Rents from 2010 to 2018 (years to end-Sept), by Broad Rental Market Area - 1 bedroom shared properties

Table 5: 1 Bedroom Shared 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
Scottish Borders 256 312 357 39.7% 14.4%
Fife 271 348 372 37.3% 7.0%
Forth Valley 276 357 371 34.7% 4.0%
Lothian 320 390 425 33.0% 9.0%
Highland and Islands 287 327 371 29.1% 13.4%
Dundee and Angus 263 309 332 26.3% 7.4%
West Lothian 279 332 348 24.8% 4.9%
Greater Glasgow 313 386 386 23.1% 0.0%
Scotland 300 350 366 22.1% 4.7%
Perth and Kinross 262 308 312 19.0% 1.2%
Ayrshires 302 338 359 18.9% 6.1%
East Dunbartonshire 300 385 347 15.4% -10.1%
North Lanarkshire 297 347 331 11.4% -4.6%
South Lanarkshire 309 371 337 9.0% -9.2%
West Dunbartonshire 289 331 312 7.9% -5.8%
Aberdeen and Shire 328 358 354 7.8% -1.2%
Dumfries and Galloway 278 292 295 6.1% 1.0%
Renfrewshire / Inverclyde 296 304 309 4.2% 1.5%
Argyll and Bute 316 301 320 1.4% 6.4%

Note: Figures for rooms in shared properties represent "rent only", i.e. exclude any payments for shared services.

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 1 bedroom shared properties across Scotland (£425). Other areas with higher rents included Greater Glasgow (£386), Fife (£372), Forth Valley (£371), and Highland and Islands (£371). Areas with the lowest average rents included Dumfries and Galloway (£295) and Renfrewshire / Inverclyde (£309). See Chart 11 below.

Chart 11: Average (mean) Monthly Rents 2018 (year to end-Sept), by Broad Rental Market Area - 1-Bedroom Shared Properties

Chart 11: Average (mean) Monthly Rents 2018 (year to end-Sept), by Broad Rental Market Area - 1-Bedroom Shared Properties


Contact

Email: Felix Palin