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Annual and five-year rental growth of residential properties in London as of the 3rd quarter 2020, by property size

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Source

Release date

October 2020

Region

United Kingdom (England)

Survey time period

3rd quarter 2020

Citation formats

Residential rental growth London Q3 2020, by property type

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 20, 2020
As of the third quarter of 2020, rental prices have decreased both on an annual and **** basis. While larger properties saw higher negative rental growth over the past five years, they were less impacted compared with the same quarter of 2019. This highlights one of the effects that the coronavirus crisis has had on rental demand: people are looking for larger properties. Another insight from the prime London market shows outside space also plays a role in driving residential prices.
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