Rental Market of Hyndburn

Area selected: Hyndburn

Hyndburn

Average rent

£485

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Rent growth

0.6%

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How much is rent in Hyndburn?

The average rent in Hyndburn is £485 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2020 and September 2021. Between the years ending September 2020 and September 2021, average rents in Hyndburn grew by £3. Compare average rent by area.

Hyndburn's average rent of £485 is £413 lower than the £898 average rent in England. Hyndburn is the 180th most expensive non-metropolitan district (of 181 total) based on average rent price.

The average rent growth rate in Hyndburn between the years ending September 2020 and September 2021 was 0.6%. If rents continue to grow at this rate, average rents will reach £497 by 2025.

The average cost of rent in Hyndburn varies depending on property type, prices start at £323 for a studio flat and rise to £757 for a house with four or more bedrooms.

Rental data for Hyndburn is based on a sample that may change over time. Some differences in trends may be due to changes in the sample rather than true changes in the rental market.

Hyndburn rent price ranges

Within each property type, rent price can vary depending on variables such as property size and condition of fittings. For example, the lower quartile rent for two bed flats in Hyndburn is £420, increasing to £495 for the upper quartile rent.

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Types of rental property in Hyndburn

Based on the 940 properties surveyed, the most common type of rental property within Hyndburn is 2 beds, which account for 59.6% of properties. In England, the most common type of property is 2 bed flats, which account for 42.1% of the rental market stock.

The least commonly available type of rental property is Studios, which account for 1.1% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.