Kew rental market – July 19

The kew lettings market is very active, with a current inventory* of 288 properties available.

Asking prices for 1 beds are averaging £1,500pcm.   Whilst market supply is reasonable, these properties appear to be moving well.

2 beds are averaging £1,750 pcm. This segment comprises 42% of available stock.  Current market data suggests that landlords with 2 beds should invest time and regularly review asking price decisions. 

3 bed properties are averaging £2,700, with the market data suggesting strong demand and low void periods.

As with all statistics, we urge some caution!  Your property may have unique characteristics which may result in a higher than average rental valuation.

With demand expected to pick up leading into September, the next few months are going to be a busy time for landlords and tenants.

We hope you found this update both helpful and informative.

Pete

* Data sourced from Rightmove and Zoopla.

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