Excel Property UK

– 30 December 2016 –

Prime North West London Annual Lettings Summary for 2016

The following is an annual summary for 2016 based on Dataloft Rental Market Analytics.

Over the last 12 months, the average rent achieved for Detached house let in Prime North West London was £3,979 per month, compared to the Greater London average monthly rent of £1,879.  The average monthly rent for a Semi-detached house was £2,433 and in Greater London was £1,618. For Terraced houses the average rent in the Prime North West London area was £3,339, compared to £1,739 in Greater London. The average monthly rent for a Flat was £1,920, where is the Greater London Area the average was £1,447.

The change in average rents for Detached houses in the Prime North West London Area was -16%, compared to Greater London change of +4%. Semi-detached houses saw the biggest change in average rents by – 66% and the Greater London average rent was +7%. Terraced houses had a change of +10% and flats -7%, compared to +6% and +4% for the Greater London.

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