Private sector rent statistics: 2010 - 2020
This publication presents statistics on average private sector rent levels in Scotland by Broad Rental Market Area and size of property, for the years 2010 to 2020.
6. Main Findings for 4 Bedroom Properties
Note that some areas have a relatively low number of 4 bedroom property records recorded, and therefore some caution is needed when interpreting the findings given that the averages presented can be based on a small number of underlying records.
Over the past year, average 4 bedroom rents increased above CPI inflation of 0.5% in 13 out of 18 areas, with the largest increases being in Forth Valley (11.3%) and Argyll and Bute (16.4%).
Average rents decreased by more than 0.5% in the remaining areas, with decreases seen for East Dunbartonshire (-3.0%), Aberdeen and Shire (-5.7%), South Lanarkshire (-5.8%), Renfrewshire / Inverclyde (-9.7%) and West Dunbartonshire (-23.8%).
Average rents for 4 bedroom properties at the Scotland level have increased by an estimated 2.0% between 2019 and 2020, to reach £1,342 in 2020. This compares to an increase in the UK Consumer Price Index of 0.5% in the year to Sept-20.
Figures on longer term changes to rents for 4 bedroom properties over the period from 2010 to 2020 should be considered in the context of the cumulative increase in the UK Consumer Price Index of 21.5% from Sept-10 to Sept-20.
Over the 10 year period from 2010 to 2020, 13 areas have seen rent increases above the level of CPI inflation, ranging from an increase of 21.7% in Argyll and Bute up to 56.7% in Forth Valley.
For the remaining five areas of Scotland, cumulative increases have been below CPI inflation, and have ranged from 17.5% in West Dunbartonshire to 20.2% in North Lanarkshire.
These regional trends combine to show an estimated 43.0% cumulative increase for 4 bedroom properties between 2010 and 2020, to reach £1,342 in 2020. See Table 4 and Chart 8 below.
| 2010 | 2019 | 2020 | 2010 to 2020 change | 2019 to 2020 change | |
|---|---|---|---|---|---|
| Forth Valley | 857 | 1,207 | 1,343 | 56.7% | 11.3% |
| Greater Glasgow | 1,067 | 1,617 | 1,667 | 56.2% | 3.1% |
| Lothian | 1,291 | 1,905 | 1,966 | 52.4% | 3.2% |
| Dundee and Angus | 811 | 1,177 | 1,208 | 49.0% | 2.7% |
| Scottish Borders | 690 | 992 | 1,018 | 47.6% | 2.7% |
| Fife | 773 | 1,092 | 1,142 | 47.6% | 4.5% |
| Scotland* | 939 | 1,316 | 1,342 | 43.0% | 2.0% |
| East Dunbartonshire | 1,135 | 1,553 | 1,506 | 32.7% | -3.0% |
| West Lothian | 834 | 1,055 | 1,105 | 32.5% | 4.7% |
| Renfrewshire / Inverclyde | 834 | 1,210 | 1,093 | 31.2% | -9.7% |
| Perth and Kinross | 858 | 1,056 | 1,119 | 30.4% | 5.9% |
| Aberdeen and Shire | 944 | 1,306 | 1,231 | 30.4% | -5.7% |
| Highland and Islands | 751 | 915 | 929 | 23.8% | 1.6% |
| Argyll and Bute | 924 | 967 | 1,125 | 21.7% | 16.4% |
| North Lanarkshire | 776 | 890 | 933 | 20.2% | 4.8% |
| Ayrshires | 758 | 848 | 906 | 19.5% | 6.9% |
| Dumfries and Galloway | 620 | 737 | 741 | 19.5% | 0.6% |
| South Lanarkshire | 924 | 1,167 | 1,099 | 19.0% | -5.8% |
| West Dunbartonshire | 821 | 1,266 | 965 | 17.5% | -23.8% |
AreaSee Reference Tables (Tables 7 to 17) for a more detailed breakdown of quartile and average rents for each year.
* Note that the Scotland figures have been calculated using a weighted stock approach. See Section 8 for further details.
For the year to end-September 2020, Lothian had the highest average monthly rents for 4 bedroom properties across Scotland (£1,966). The areas with the lowest average rents for 4 bedroom properties was Dumfries and Galloway (£741). See Chart 9 below.
Contact
Email: housingstatistics@gov.scot
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