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Publication - Statistics Publication

Private sector rent statistics in Scotland: 2010 to 2016

Published: 8 Nov 2016
Part of:
Housing, Statistics
ISBN:
9781786525864

Statistics on private sector rent levels in Scotland over the years 2010 to 2016.

90 page PDF

3.9MB

90 page PDF

3.9MB

Contents
Private sector rent statistics in Scotland: 2010 to 2016
Main Findings for 4 Bedroom Properties

90 page PDF

3.9MB

Main Findings for 4 Bedroom Properties

From 2015 to 2016, 12 out of 18 areas have seen increases in rent for 4 bedroom properties. The increases ranged from 16.1% in Forth Valley, 9.3% in Greater Glasgow, and 5.2% in West Dunbartonshire, to 0.5% in Dundee and Angus and 0.1% in Lothian. Six areas saw decreases, ranging from -0.2% in Dumfries and Galloway and -0.9% in Scottish Borders, to -8.0% in North Lanarkshire and -13.5% in Aberdeen and Shire. See Chart 8 and Table 7 below.

The regional trends combine to show a 0.7% decrease for 4 bedroom properties at the Scotland level.

Over the 2010 to 2016 period, the Aberdeen and Shire area of the country has seen the highest increase in private rents for 4 bedroom properties, with average monthly rents rising by 36.8% (cumulative increase over 6 years) despite rents falling between 2015 and 2016. Average rents in Forth Valley have risen by 22.7%, whilst average rents in Greater Glasgow have increased by 21.8% and Renfrewshire / Inverclyde by 21.7%. Dundee and Angus and Ayrshires saw similar percentage increases in average rents (19.9% and 19.7% respectively).

For the other areas of Scotland, cumulative increases have ranged from 18.7% (Perth and Kinross) to 4.1% (Dumfries and Galloway). No areas of Scotland have seen decreases in average rent for 4 bedroom properties between 2010 and 2016.

These regional trends combine to show a 13.7% cumulative increase from 2010 to 2016 for 4 bedroom properties at the Scotland level.

Figures on changes to rents for 4 bedroom properties over the period from 2010 to 2016 should be considered in the context of the cumulative increase in the UK Consumer Price Index of 12.6 % from Sept-10 to Sept-16. For example over the 4 year period, average rents for 4 bedroom properties in 9 out of 18 areas (Aberdeen and Shire, Forth Valley, Greater Glasgow, Renfrewshire / Inverclyde, Dundee and Angus, Ayrshires, Perth and Kinross, Lothian, and Fife) have risen faster than the consumer price index, whilst changes in average rents for 4 bedroom properties in the other nine areas of the country have been below the rise in the consumer price index.

CHART 8: Cumulative % Change in Average (mean) Rents from 2010 to 2016 (years to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties
CHART 8: Cumulative % Change in Average (mean) Rents from 2010 to 2016 (years to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties

TABLE 7: 4 Bedroom Properties - Average (mean) Monthly Rents (£): Cumulative Changes 2010 to 2016, by Broad Rental Market Area

  2010 2015 2016 2010 to 2016 change 2015 to 2016 change
Aberdeen and Shire 944 1,493 1,291 36.8% -13.5%
Forth Valley 857 906 1,052 22.7% 16.1%
Greater Glasgow 1,067 1,189 1,299 21.8% 9.3%
Renfrewshire / Inverclyde 834 977 1,015 21.7% 3.8%
Dundee and Angus 811 968 973 19.9% 0.5%
Ayrshires 758 872 908 19.7% 4.1%
Perth and Kinross 858 992 1,018 18.7% 2.6%
Lothian 1,291 1,511 1,512 17.2% 0.1%
Fife 773 884 901 16.5% 1.9%
Scotland 959 1,097 1,089 13.7% -0.7%
East Dunbartonshire 1,135 1,264 1,277 12.5% 1.0%
South Lanarkshire 924 1,043 1,022 10.6% -2.0%
West Dunbartonshire 821 862 907 10.4% 5.2%
West Lothian 834 936 920 10.3% -1.7%
Highland and Islands 751 814 822 9.6% 1.0%
Scottish Borders 690 746 740 7.3% -0.9%
Argyll and Bute 924 947 989 7.0% 4.4%
North Lanarkshire 776 895 823 6.1% -8.0%
Dumfries and Galloway 620 647 646 4.1% -0.2%

See Reference Tables (Tables 12 to 18) for a more detailed breakdown of quartile and average rents for each year.

For the year to end-September 2016, Lothian had the highest average monthly rents for 4 bedroom properties across Scotland (£1,512). Other areas with higher rents included Greater Glasgow (£1,299), Aberdeen and Shire (£1,291) and East Dunbartonshire (£1,277). Areas with the lowest average rents included Highlands and Islands (£822), Scottish Borders (£740), and Dumfries and Galloway (£646). See Chart 9 and Table 8 below.

CHART 9: Average (mean) Monthly Rents 2016 (year to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties
CHART 9: Average (mean) Monthly Rents 2016 (year to end-Sept), by Broad Rental Market Area - 4-Bedroom Properties

TABLE 8: Average (mean) monthly rents for 4 Bedroom Properties in 2016 (year to end-Sept)

4 Bedroom Properties £ monthly
Lothian 1,512
Greater Glasgow 1,299
Aberdeen and Shire 1,291
East Dunbartonshire 1,277
Scotland 1,089
Forth Valley 1,052
South Lanarkshire 1,022
Perth and Kinross 1,018
Renfrewshire / Inverclyde 1,015
Argyll and Bute 989
Dundee and Angus 973
West Lothian 920
Ayrshires 908
West Dunbartonshire 907
Fife 901
North Lanarkshire 823
Highland and Islands 822
Scottish Borders 740
Dumfries and Galloway 646

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