Rental Market of Newham

Area selected: Newham

Newham

Average rent

£1,510

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Rent growth

2.3%

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How much is rent in Newham?

The average rent in Newham is £1,510 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 Newham grew by £34. Compare average rent by area.

Newham's average rent of £1,510 is £612 higher than the £898 average rent in England. Newham is the 16th most expensive london borough (of 33 total) based on average rent price.

The average rent growth rate in Newham between the years ending September 2020 and September 2021 was 2.3%. If rents continue to grow at this rate, average rents will reach £1,654 by 2025.

The average cost of rent in Newham varies depending on property type, prices start at £665 for a single room and rise to £2,008 for a house with four or more bedrooms.

Rental data for Newham 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.

Newham 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 Newham is £1,375, increasing to £1,775 for the upper quartile rent.

Types of rental property in Newham

Based on the 2,420 properties surveyed, the most common type of rental property within Newham is 2 beds, which account for 38.8% 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 Single Rooms, which account for 1.2% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.