Private sector rent statistics: 2010 - 2020
This publication presents statistics on average private sector rent levels in Scotland by Broad Rental Market Area and size of property, for the years 2010 to 2020.
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7. Main Findings for 1 Bedroom Shared Properties
Note that some areas have a relatively low number of 1 bedroom shared property records recorded, and therefore some caution is needed when interpreting the findings given that the averages presented can be based on a small number of underlying records.
In the year to end September 2020, average 1 bedroom shared rents increased above CPI inflation of 0.5% in 13 out of 18 areas, with the largest increases being in Fife (10.7%) and Perth and Kinross (11.1%).
Two areas saw little change (within +/-0.5%) in average rents compared with the previous year, including Aberdeen and Shire, and Lothian.
Average rents decreased by more than 0.5% in the Ayrshires (-3.1%), Dundee and Angus (-3.7%) and Argyll and Bute (-10.2%).
Average rents for 1 bedroom shared properties at the Scotland level have increased by an estimated 2.5% between 2019 and 2020, to reach £400 in 2020. This compares to an increase in the UK Consumer Price Index of 0.5% in the year to Sept-20.
Figures on longer term changes to rents for 1 bedroom shared properties over the period from 2010 to 2020 should be considered in the context of the cumulative increase in the UK Consumer Price Index of 21.5% from Sept-10 to Sept-20.
Over the 10 year period from 2010 to 2020, nine areas have seen rent increases above the level of CPI inflation, ranging from an increase of 22.1% in West Lothian up to 43.9% in Lothian.
For the remaining nine areas of Scotland, cumulative increases have been below CPI inflation, and have ranged from 6.4% in Argyll and Bute to 20.3% in Renfrewshire / Inverclyde.
These regional trends combine to show an estimated 31.0% cumulative increase for 1 bedroom shared properties between 2010 and 2020, to reach £400 in 2020. See Table 5 and Chart 10 below.
| 2010 | 2019 | 2020 | 2010 to 2020 change | 2019 to 2020 change | |
|---|---|---|---|---|---|
| Lothian | 320 | 460 | 460 | 43.9% | 0.0% |
| Fife | 271 | 351 | 388 | 43.4% | 10.7% |
| Forth Valley | 276 | 345 | 373 | 35.4% | 8.1% |
| Highland and Islands | 287 | 371 | 381 | 32.6% | 2.7% |
| Perth and Kinross | 262 | 312 | 347 | 32.6% | 11.1% |
| Scotland* | 305 | 390 | 400 | 31.0% | 2.5% |
| Greater Glasgow | 313 | 403 | 410 | 30.9% | 1.6% |
| Scottish Borders | 256 | 304 | 330 | 29.2% | 8.7% |
| Dundee and Angus | 263 | 344 | 331 | 26.0% | -3.7% |
| West Lothian | 279 | 337 | 340 | 22.1% | 1.0% |
| Renfrewshire / Inverclyde | 296 | 332 | 357 | 20.3% | 7.5% |
| West Dunbartonshire | 289 | 333 | 347 | 20.0% | 4.2% |
| East Dunbartonshire | 300 | 352 | 356 | 18.7% | 1.2% |
| Ayrshires | 302 | 369 | 358 | 18.5% | -3.1% |
| South Lanarkshire | 309 | 334 | 362 | 17.1% | 8.3% |
| Dumfries and Galloway | 278 | 283 | 307 | 10.3% | 8.3% |
| Aberdeen and Shire | 328 | 359 | 360 | 9.6% | 0.3% |
| North Lanarkshire | 297 | 303 | 320 | 7.7% | 5.4% |
| Argyll and Bute | 316 | 374 | 336 | 6.4% | -10.2% |
For the year to end-September 2020, Lothian had the highest average monthly rents for 1 bedroom shared properties across Scotland (£460). Areas with the lowest average rents for 1 bedroom shared properties included North Lanarkshire (£320) and Dumfries and Galloway (£307). See Chart 11 below.
Contact
Email: housingstatistics@gov.scot
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