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East Dulwich

165 Lordship Lane, East Dulwich, London, SE22 8HX

Forest Hill

5 London Road, Forest Hill, London, SE23 3TW

Maidstone

Flaxfield House, 91 The Street, Maidstone, Kent,
ME18 5LU

Request a free valuation (Sales)

Once you've requested a valuation we will visit your property and offering a free, no obligation valuation and advice, based on our extensive experience of selling homes in your local area.

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Request a free valuation (Lettings)

Once you've requested a valuation we will visit your property and offering a free, no obligation valuation and advice, based on our extensive experience of selling homes in your local area.

your personal details

your property requirements

Register with Daisy Lets & Sales

Please enter your details and parameters of the type of property you are looking for below and one of our dedicated team will be in touch to discuss how we can help you find your dream home.

your personal details

your criteria

Register with Daisy Lets & Sales

Please enter your details and parameters of the type of property you are looking for below and one of our dedicated team will be in touch to discuss how we can help you find your dream home.

your personal details

your criteria

August 15, 2018 Market Reports

Lettings Market – August 2018 – East Dulwich

Over the last 12 months, the average rent achieved for properties let in East Dulwich was £1,376 per month. This is a –2% change on the previous 12 month period.

We bring you the latest trends in the rental market, with a detailed focus on East Dulwich.

Rental market

Average rents across Great Britain rose by 0.9% in the 12 months to July, slightly down from 1% in the year to June. The East Midlands is still seeing strongest rate of annual rental growth at 2.7%, followed by the South West at 1.9%.

Fewer properties are being listed to rent which is diminishing available supply across all parts of the country according to the RICS. With demand for rental properties remaining resilient, rents are expected to increase with agents forecasting a 15% rise over the next five years.

Economy

The rate of inflation rose to 2.5% in July, up from 2.4% in the previous three months, the first increase since November 2017. Meanwhile, interest rates were raised in August to 0.75%, just the second increase in over a decade and a unanimous decision by the Monetary Policy Committee.

UK unemployment fell in the three months to June to the lowest level for more than 40 years. Meanwhile, the ONS report that average wages (including bonuses) rose by 2.4% compared to a year earlier, a slowdown on earlier in the year. Being on a par with the rate of inflation means there has been no real growth in wages over the past year.

Pop into our East Dulwich Branch to get a copy of this report!

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