Broad Rental Market Area Profile – West Dunbartonshire
Note in the following text and charts that average rents that have changed within +/- 0.5% could be considered as being fairly similar to previous periods.
Average (mean) 2 bedroom rents in West Dunbartonshire have been lower than the Scotland average in each year since 2010. The gap has widened since 2012, although has since narrowed in the most recent year, with the average rent in 2021 being £537 per month, compared to the Scotland average of £693.
Between 2020 and 2021 average rents have increased for 1 bedroom (3.8%), 2 bedroom (7.1%), 4 bedroom (13.2%) and 1 bedroom shared properties (3.0%), with average rents showing little change for 3 bedroom properties (-0.4%), which compares to CPI inflation of 1.5% across this time period. Although some caution is needed when interpreting the changes over time for 3 and 4 bedroom and 1 bedroom shared property size categories, given the smaller sample numbers for these categories, particularly the 4 bedroom category which has seen some very small sample sizes in recent years.
Between 2010 and 2021 average rents have increased for all property sizes, ranging from 5.8% for 1 bedroom properties up to 32.9% for 4 bedroom properties. This compares to CPI inflation of 24.3% across this time period.
For 3 bedroom properties, since 2019 increases in the top end (upper quartile) greater than for those in the bottom end (lower quartile) have widened the gap between the top and bottom of the market.