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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.

your personal details

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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

June 12, 2018 Market Reports

Rental Market – Daisy’s South London Patch – June 2018

We bring you the latest trends in the rental market, with a detailed focus on Daisy’s South London Patch.

Over the last 12 months, the average rent achieved for properties let in Daisy’s South London Patch was £1,346 per month. This is a +1% change on the previous 12 month period.

Rental market

Average private rents across Great Britain rose by 1.0% in the 12 months to April 2018 according to the ONS private rental index. The East Midlands is currently experiencing the highest level of growth with rental values 2.8% higher than a year ago.

Demand continues to rise while supply remains constrained across much of the rental market, according to the latest report by ARLA. The number of prospective tenants registered per branch has increased from 66 in March to 72 in April, the strongest demand since September 2017.

Economy

The rate of inflation edged lower to 2.4% in April, down from 2.5% in March and its lowest level in over a year. While this will ease pressure on the Bank of England to raise interest rates, rising petrol prices may well mean the fall is short lived.

Wages rose at an annual rate of 2.9% in the three months to March, faster than inflation for the first time in more than a year, according to official figures from the Office for National Statistics. Inflation over the same three-month period was 2.7%. UK employment is also at a record high.

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