Private Sector Rent Statistics: 2010 - 2015

Broad Rental Market Area Profiles

This section provides profiles for private rents in each of the 18 broad rental market areas^[6]. The commentary focusses on five-year and annual-changes for average (mean) rents by property sizes as well as changes over time to the bottom end (lower quartile) and top end (upper quartile) of the rental markets. The commentary does not cover changes to median rents given that these often show similar trends to mean rents, however users may also wish to look at the median figures and trends in the profile tables and charts.^[7] The map below illustrates the different geographical areas. It is also possible to search for the broad rental market area associated with a particular postcode at http://lha-direct.voa.gov.uk/search.aspx. This website provides detailed PDF maps of each area.

Broad Rental Market Area Profile – Aberdeen and Shire

Average (mean) rents in Aberdeen & Shire have increased across all property sizes between 2010 and 2015. These increases have ranged from 26.2% for 1 bedroom properties, up to 58.2% for 4 bedroom properties. However over the latest year, average (mean) rents have decreased for 2, 3 and 4 bedroom properties between 2014 and 2015 (decreases of 2.7%, 1.5% and 4.6% respectively).

For 1 and 2 bedroom properties, changes between 2010 and 2015 have been similar for the bottom end (lower quartile) and top end (upper quartile). For 3 and 4 bedroom properties and 1 bedroom shared properties, greater increases at the top end (upper quartile) than the bottom end (lower quartile), have caused the gap between the top end and bottom ends to widen, although the gap has since narrowed in the latest year. For 2, 3, and 4 bedroom properties, average (mean) rents have shown annual variation, with annual increases and decreases over the 2010 to 2015 period. Most of these decreases were accounted for by decreases in the top end (upper quartile).

BRMA Rent Profile for:
Aberdeen and Shire

Broad Rental Market Area Profile – Argyll and Bute

Average (mean) rents in Argyll and Bute have increased between 2010 and 2015 for all types of properties with the exception of 3 bedroom properties. Properties with 1 bedroom increased by 4.2% between 2010 and 2015, 2 bedrooms by 1.1%, 4 bedrooms by 2.4% and 1 bedroom shared by 1.2%. Rents for 3 bedroom properties have decreased by 4.3% over this time period.

For 1 bedroom properties there was an increase at the top end (upper quartile), causing the gap between the top and bottom ends to widen. For 2 bedroom properties, the top end (upper quartile) and bottom end (lower quartile) were similar, showing little change between 2010 and 2015. For 3 bedrooms, the top end of the market decreased, while the bottom end of the market increased slightly, causing the gap between top and bottom ends to narrow.

BRMA Rent Profile for:
Argyll and Bute

Broad Rental Market Area Profile – Ayrshires

Average (mean) rents in the Ayrshires area between 2010 and 2015 have increased particularly for 4 bedroom properties, which have seen an increase of 15.0%. 1 bedroom shared and 3 bedroom properties have also seen increases to a lesser extent, by 0.9%, 2.2% respectively. Rents for 1 and 2 bedroom properties have decreased at 3.3% and 0.8% respectively.

Average (mean) rents have shown annual variation, with every type of property except 4 bedroom properties showing some annual increases and decreases over the 2010 to 2015 period. 4 Bedroom properties have seen annual increases every year.

For 1 bedroom properties, a greater decrease in the bottom end (lower quartile) has widened the gap in rents. For 2 bedroom properties, rent changes between 2010 and 2015 have been similar at the top end (upper quartile) and bottom end (lower quartile) of the market. For 3 and 4 bedroom properties the greater increase at the top end (upper quartile) compared to the bottom end (lower quartile) has widened the gap in rents. For 1 bedroom shared properties, there has been a slight increase in the top end (upper quartile), along with a small decrease at the bottom end (lower quartile), causing a small widening of the gap between the top and bottom ends.

BRMA Rent Profile for:
Ayrshires

Broad Rental Market Area Profile – Dumfries and Galloway

Average (mean) rents in Dumfries and Galloway between 2010 and 2015 have increased for all property sizes except 1 bedroom shared properties, with increases ranging between 1.3% and 4.3%. Average rents for 1 bedroom shared properties have decreased by 0.1%. The biggest increases have been for 4 bedrooms (4.3%) and 1 bedroom properties (4.0%).

Average (mean) rents have shown annual variation, with every property size showing some annual increases and decreases over the 2010 to 2015 period.

For 1, 2 3, and 4 bedroom properties, greater increases in the bottom end (lower quartile) than the top end (upper quartile) have narrowed the gap between the top and bottom ends. However the gap for 4 bedroom properties has widened again in the latest year.

BRMA Rent Profile for:
Dumfries and Galloway

Broad Rental Market Area Profile – Dundee and Angus

Average (mean) rents in Dundee and Angus have increased for all property sizes between 2010 and 2015, ranging from an increase of 6.7% for 2 bedroom properties to an increase of 19.3% for 4 bedroom properties.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing some annual increases and decreases, except for 1 bedroom properties which have seen increases for each year.

For 1 bedroom properties, rent changes between 2010 and 2015 have generally been similar at the top end (upper quartile) and bottom end (lower quartile) of the market. For 2, 3 and 4 bedroom properties, a greater increase in the top end (upper quartile) of rents has widened the gap in rents compared to the bottom end (lower quartile). For 1 bedroom shared properties the greater increase at the bottom end (lower quartile) has slightly narrowed the gap in rents compared to the top end (upper quartile), however the gap has widened slightly in the latest year.

BRMA Rent Profile for:
Dundee and Angus

Broad Rental Market Area Profile – East Dunbartonshire

Average (mean) rents in East Dunbartonshire have increased for all property sizes between 2010 and 2015, ranging from an increase of 2.6% for 1 bedroom properties to an increase of 11.4% for 4 bedroom properties.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing some annual increases and decreases.

For 1 bedroom properties, rent changes between 2010 and 2015 have generally been similar at the top end (upper quartile) and bottom end (lower quartile) of the market. For 2, 3 and 4 bedroom properties increases in the top end (upper quartile) of rents has widened the gap in rents compared to the bottom end (lower quartile). For 1 bedroom shared, the bottom end (lower quartile) has shown a greater increase than the top end (upper quartile), causing the gap between top and bottom ends to narrow.

BRMA Rent Profile for:
East Dunbartonshire

Broad Rental Market Area Profile – Fife

Average (mean) rents in Fife have increased for all property sizes between 2010 and 2015, ranging from an increase of 4.3% for 1 bedroom properties to an increase of 18.5% for 1 bedroom shared properties.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases.

For all property types, greater increases in the top end (upper quartile) of rents have widened the gap in rents compared to the bottom end (lower quartile).

BRMA Rent Profile for:
Fife

Broad Rental Market Area Profile – Forth Valley

Average (mean) rents in Forth Valley have increased for all property sizes between 2010 and 2015, except for 3 bedroom properties which have decreased by 1.4%. The increases have ranged from an increase of 2.5% for 1 bedroom properties to an increase of 11.6 % for 1 bedroom shared properties.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases.

For 1 and 3 bedroom properties, rent changes between 2010 and 2015 have generally been similar at the top end (upper quartile) and bottom end (lower quartile) of the market. For 2 bedroom properties, a greater increase at the bottom end (lower quartile) than the top end (upper quartile) has narrowed the gap in rents. For 4 bedroom and 1 bedroom shared properties there has been a greater increase in the top end (upper quartile) of rents, which has widened the gap in rents compared to the bottom end (lower quartile).

BRMA Rent Profile for:
Forth Valley

Broad Rental Market Area Profile – Greater Glasgow

Average (mean) rents in the Greater Glasgow area have increased for all property sizes between 2010 and 2015, ranging from an increase of 11.4% for 4 bedroom properties to an increase of 18.5% for 2 bedroom properties.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases over different years.

All properties sizes have seen greater increases in the top end (upper quartile) of rents between 2010 and 2015, which has widened the gap in rents compared to the bottom end of the market (lower quartile).

BRMA Rent Profile for:
Greater Glasgow

Broad Rental Market Area Profile – Highland and Islands

Average (mean) rents in the Highlands and Islands have increased for all property sizes between 2010 and 2015, ranging from an increase of 8.2% for 2 bedroom properties to an increase of 9.7% for 1 bedroom shared properties and 3 bedroom properties.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases over different years, except for 1 and 2 bedroom properties which have seen annual increases each year.

For 1, 2 and 4 bedroom properties, and 1 bedroom shared properties, rent changes between 2010 and 2015 have generally been similar at the top end (upper quartile) and bottom end (lower quartile) of the market. For 3 bedroom properties, an increase at the top end (upper quartile) of rents has widened the gap compared to the bottom end (lower quartile).

BRMA Rent Profile for:
Highland and Islands

Broad Rental Market Area Profile – Lothian

Average (mean) rents in the Lothian area have increased for all property sizes between 2010 and 2015, ranging from an increase of 9.8% for 1 bedroom shared properties to an increase of 24.7% for 2 bedroom properties.

1, 2 and 4 bedroom properties have seen annual increases each year in average (mean) rents, whereas 3 bedroom and 1 bedroom shared properties have shown a mixture of annual increases and decreases over different years.

For all properties sizes, increases in the top end (upper quartile) of rents have been greater than increases in the bottom end (lower quartile) between 2010 and 2015, which has widened the gap in rents.

BRMA Rent Profile for:
Lothian

Broad Rental Market Area Profile – North Lanarkshire

Average (mean) rents in North Lanarkshire have increased for all property sizes between 2010 and 2015. Increases have ranged from an increase of 2.8% for 1 bedroom properties to an increase of 15.3% for 4 bedroom properties.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases over different years.

For 1 bedroom properties, rent changes between 2010 and 2015 have generally been similar at the top end (upper quartile) and bottom end (lower quartile) of the market. For 2, 3 and 4 bedroom properties and 1 bedroom shared properties, an increase in the top end (upper quartile) has widened the gap between the bottom end (lower quartile).

BRMA Rent Profile for:
North Lanarkshire

Broad Rental Market Area Profile – Perth and Kinross

Average (mean) rents in Perth and Kinross have increased for all property sizes between 2010 and 2015. Increases have ranged from an increase of 4.5% for 2 bedroom properties to an increase of 15.7% for 4 bedroom properties.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases over different years.

For 1 and 2 bedroom properties, changes at the top end (upper quartile) and bottom end (lower quartile) have generally been similar between 2010 and 2015. For 3 bedroom properties, increases at the top end (upper quartile) of rents have widened the gap in rents compared to the top end of the market (lower quartile). For 4 bedroom properties, there has been some variation over the years and a recent increase in the bottom end has narrowed the gap between the top end and bottom end. For 1 bedroom shared properties, increases at the top end (upper quartile) of rents have been greater than increases at the bottom end (lower quartile), widening the gap in rents.

BRMA Rent Profile for:
Perth and Kinross

Broad Rental Market Area Profile – Renfrewshire / Inverclyde

Average (mean) rents in the Renfrewshire / Inverclyde area have increased for 2, 3, and 4 bedroom properties, by 3.3%, 5.6%, and 17.2% respectively between 2010 and 2015. For 1 bedroom shared properties, average rents have decreased over the same time period by 3.2% while 1 bedroom properties have shown a decrease of 0.6%.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases over different years.

For 1 bedroom properties, a decrease in the bottom end has widened the gap between the top end and bottom end, while for 2 bedroom properties, increases at the top end have widened the gap. For 3 and 4 bedroom shared properties, the top end (upper quartile) has increased more than the bottom end (lower quartile), causing the gap between the top and bottom ends to widen. For 1 bedroom shared properties, decreases at the bottom end (lower quartile) of rents have been greater than changes at the top end (upper quartile) of rents, which has widened the gap in rents.

BRMA Rent Profile for:
Renfrewshire / Inverclyde

Broad Rental Market Area Profile – Scottish Borders

Average (mean) rents in the Scottish Borders have increased by 1.0% or less between 2010 and 2015 for 1 and 2 bedroom properties, with increases for 3 bedroom and 1 bedroom shared properties at 4.0% and 6.2% respectively. 4 bedroom properties have seen the biggest increase at 8.2%.

Average (mean) rents have shown annual variation, with every property size showing some annual increases and decreases over the 2010 to 2015 period.

For 1 bedroom properties, a decrease at the top end (upper quartile) of rents has narrowed the gap in rents. For 4 bedroom properties, an increase in the bottom end (lower quartile) of rents has narrowed the gap in rents. For 2 and 3 bedroom and 1 bedroom shared properties, rent changes between 2010 and 2015 have been similar at the top end (upper quartile) and bottom end (lower quartile) of the market.

BRMA Rent Profile for:
Scottish Borders

Broad Rental Market Area Profile – South Lanarkshire

Average (mean) rents in South Lanarkshire between 2010 and 2015 have increased all property types. The increases range from 0.5% for 1 bedroom properties to 12.8% for 4 bedroom properties.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases over different years.

For 4 bedroom properties, increases at the top end (upper quartile) of rents have been greater than increases at the bottom end (lower quartile) of rents, which has widened the gap in rents. For 1, 2 and 3 bedroom properties, rent changes between 2010 and 2015 have generally been similar at the top end (upper quartile) and bottom end (lower quartile) of the market. For 1 bedroom shared properties, decreases at the bottom end (lower quartile) and increases at the top end (upper quartile) of rents have widened the gap.

BRMA Rent Profile for:
South Lanarkshire

Broad Rental Market Area Profile – West Dunbartonshire

Average (mean) rents in West Dunbartonshire between 2010 and 2015 have increased for 1 bedroom shared by 9.2%, and 4 bedroom properties by 5.0%, and decreased for all other property types. 1 bedroom properties have decreased by 1.7%, 2 bedrooms by 3.2% and 3 bedrooms by 3.4%.

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases over different years.

For 1 and 2 bedroom properties, decreases have occurred between 2010 and 2015 at the top end (upper quartile) and bottom end (lower quartile) of the market. For 3 and 4 bedroom properties, increases at the bottom end (lower quartile) of rents have narrowed the gap compared to the top end (upper quartile) of rents. For 1 bedroom shared properties, increases at the bottom end (lower quartile) of rents have narrowed the gap in rents, although the gap has widened in the latest year.

BRMA Rent Profile for:
West Dunbartonshire

Broad Rental Market Area Profile – West Lothian

Average (mean) rents in West Lothian between 2010 and 2015 have increased for all property sizes. Increases have ranged from 4.0% (1 bedroom properties) to 12.2% (4 bedroom properties).

Average (mean) rents have shown annual variation over the 2010 to 2015 period, with every property size showing a mixture of annual increases and decreases over different years.

For 1, 2 and 3 bedroom properties, rent changes between 2010 and 2015 have been similar at the top end (upper quartile) and bottom end (lower quartile) of the market. For 4 bedroom properties and 1 bedroom shared properties, increases at the top end (upper quartile) of rents have been greater than increases at the bottom end (lower quartile) of rents, which has widened the gap between rents.

BRMA Rent Profile for:
West Lothian