Table 1: Private rents, year ending Q1 2019

Source: Valuation Office Agency, 2019

Rents in South Bucks are the highest in the county at both the mean and the median at £1,458 and £1,200, to rank 19th and 33rd respectively among English local authorities and the 2nd and 6th highest outside London.  Average rents are above the national level in all other Buckinghamshire districts on both measures, with only Aylesbury Vale seeing rental levels below the South East regional averages to rank just outside the national top 100 most expensive rents.

Buckinghamshire and its surrounding areas have some of the highest rents in England (see the map at the end of this bulletin).  When compared by numbers of rooms, properties in the county generally rank as being the 4th most expensive behind Surrey, Oxfordshire and Hertfordshire.  The median private rent for a room in Buckinghamshire is £495 (4th), with the county also ranking 4th most expensive for studios (£675) and 4th for one bedroom properties (£750).  Median rents for two bedroom properties stood at £925 (4th), rising to £1,250 for three bedrooms (3rd) and £1,750 for properties with four or more bedrooms (4th).  Median rents by size of property are presented in table 2, with mean rents in table 3.

The Valuation Office Agency’s overview of the data can be found here:
https://www.gov.uk/government/statistics/private-rental-market-summary-statistics-april-2018-to-march-2019

Table 2: Median private rents by type of property, year ending Q1 2019

Source: Valuation Office Agency, 2019

Table 3: Mean private rents by type of property, year ending Q3 2017

Source: Valuation Office Agency, 2019

Chart 1: Median monthly rents by local authority compared to national median (£695)

Source: Valuation Office Agency, 2019