Skip to Content

Essential Lettings Stats for August 2020


  • Rental demand remains strong across most of the UK – up 16% on average in August 2020
  • Demand is strongest in Wales with a 32% increase annually
  • The UK average asking rent stands at £1,230
  • Scotland saw the largest uplift in asking rents in August with a 9% increase compared to last year

Regional Rental Market Metrics – Annual Percentage Change


Scotland

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

18% 9% £770


North East

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

28% 6% £600


Yorkshire and the Humber

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

24% 7% £680


North West

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

22% 6% £740


Wales

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

32% 5% £710


East Midlands

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

21% 3% £710


West Midlands

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

23% 4% £760


South West

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

21% 5% £900


East of England

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

23% 3% £1,000


South East

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

22% 3% £1,140


London

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

-3% -2% £2,000


UK

Demand

% increase asking rent

Aug 2020

Asking rent

Aug 2019

16% 1% £1,230

Want more lettings insight?

Our quarterly update on the latest stats, insight and trends for the British rental market.

Rental tracker