Rental Market of Wandsworth

Area selected: Wandsworth

Wandsworth

Average rent

£1,902

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Rent growth

-2.4%

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How much is rent in Wandsworth?

The average rent in Wandsworth is £1,902 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 Wandsworth fell by £46. Compare average rent by area.

Wandsworth's average rent of £1,902 is £1,004 higher than the £898 average rent in England. Wandsworth is the 5th most expensive london borough (of 33 total) based on average rent price.

The average rent growth rate in Wandsworth between the years ending September 2020 and September 2021 was -2.4%. If rents continue to grow at this rate, average rents will fall to £1,729 by 2025.

The average cost of rent in Wandsworth varies depending on property type, prices start at £500 for a single room and rise to £3,185 for a house with four or more bedrooms.

Rental data for Wandsworth 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.

Wandsworth 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 Wandsworth is £1,500, increasing to £1,995 for the upper quartile rent.

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Types of rental property in Wandsworth

Based on the 3,210 properties surveyed, the most common type of rental property within Wandsworth is 2 beds, which account for 43.6% 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 Single Rooms, which account for 0.3% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.