Retirement flats

London Rents map

The London Rents Map shows average monthly private sector rents for different types of home across London. Search the Rents Map by entering a location and a property type in the box below.

The data on average rents is given at postcode district level (SW19 or E7, for example), and is based on a sample covering the last 12 months (up to the date shown in the last update box) so does not fully reflect the most recent short-term trends in the market.

We are grateful to the Valuation Office Agency (VOA) for providing the data on private rents used to produce the London Rents Map.

From July 2017 the map is updated quarterly rather than monthly. The latest update was on 17 July 2017 and contained data for the year to end June 2017.

Map

Definitions and methodology

Source data

The Valuation Office Agency (VOA) data used to produce the London Rents Map is based on market rents from private rented sector lettings. Landlords, agents and tenants across England contribute this information. It is mainly used to help Rent Officers provide valuations for Housing Benefit purposes and Rent Act 1977 Fair Rent registrations. Rent Officers continuously evaluate and refresh lettings data to provide a representative sample of the private rented sector, and track the market.

For this site, the VOA has provided aggregate sample data on median, lower quartile and upper quartile monthly rents for each property type, postcode district (e.g. SE1 or N19) and borough in London. Combinations of property type and area (e.g. three bedroom properties in SE1) for which there are fewer than five examples in the sample are excluded for reasons of data confidentiality.

Definitions of property types

Room

Non self-contained single room with shared facilities. Includes bedsits, single rooms in a house or flat shared with other tenants, and single rooms rented from a resident landlord.

Studio

Self-contained one room property with own kitchen and bath/shower/wc facilities.

One bedroom, two bedrooms, three bedrooms, four+ bedrooms

Self-contained properties including houses, flats and maisonettes.

Indicators used

Median

The middle value in a range of numbers, or the value that separates the higher half of the range from the lower half. As a measure of the 'average' of a distribution, the median is distinct from the 'mean', which adds up each value and divides by the number of cases. In this case, the median has been used, as it is not distorted by very high values at the top of the range.

Lower quartile

This is the value that separates the lowest 25 per cent of a range of numbers from the remaining (higher) 75 per cent.

Upper quartile

This is defined as the value that separates the highest 25 per cent of a range of numbers from the remaining (lower) 75 per cent.

The differences between the lower quartile and median, and the median and upper quartile, give an indication of the 'spread' of values around the average.

Period covered

The data used to calculate the values shown in the map and the results table cover the most recent 12 months available, as indicated in the introductory text. This tracks trends in rental values whilst smoothing misleading fluctuations that can result from using a lettings sample over a short timescale.

Disclaimer

As the data covers the most recent 12 months available and is based on a sample of private lettings it should only be interpreted as indicative of rental market patterns across London rather than a precise predictor of the current market. Market conditions can fluctuate greatly across London's many localised and specialist markets. Neither the Valuation Office Agency nor the Greater London Authority takes responsibility for decisions taken as a result of data shown here.

The data is not suitable for trend analysis, as it is not drawn from a statistical sample and does not consist of tracked properties. The Office for National Statistics has developed an experimental index of private rents, which is created from a balanced statistical sample and is suitable for trend analysis at the national and regional level.

The figures used in the London Rents Map are now published by the Valuation Office Agency as ad-hoc statistics at the same time as they are provided to the GLA. However, these figures not comparable with the Valuation Office Agency’s Official Statistics releases on the private rental market. Both use the VOA’s data collected by Rent Officers from landlords and letting agents, but the sample and methodology used to produce the figures is not the same. Any queries on the sample or methodology should be directed to the Valuation Office Agency. 

Tell us what you think

We would be very interested to hear what you think of the London Rents Map, what you have used it for, or any suggestions for improvements.