Objective assessment of rental prices using comparable market data
Methodology•Data Sources•Sample Report
Listed at £1,800 pcm | Analyzed on 15 June 2023
| Listed Price | £1,800 |
| Local Market Average | £1,650 |
| Difference | +9.1% |
| Confidence Level | 85% confidence |
| 1 Year Change | +5.2% |
| 3 Year Change | +12.7% |
| Price per sq ft | £2.10 |
| Local Demand | High demand |
Data suggests this property is priced 9.1% above local market average. Key factors considered: location, square footage, bedrooms, amenities. Comparable properties averaged £1,650 pcm (±5%) in this area.
Compares the listed property against similar properties in the immediate area (0.5 mile radius) with comparable features.
Shows historical price movements for the area and property type, helping identify seasonal patterns and long-term trends.
Analyzes how specific features (square footage, bedrooms, amenities) contribute to the rental value compared to local norms.
We aggregate rental listings from major UK property portals, focusing on comparable properties within a 0.5 mile radius with similar characteristics (bedrooms, type, size).
Listings are adjusted for property attributes using a hedonic regression model that accounts for square footage, bedroom count, and key amenities.
We calculate a weighted average of comparable properties, giving more weight to recent listings and those with the closest feature matches.
Each analysis includes a confidence score based on sample size, data recency, and property comparability. Scores below 70% indicate limited comparable data.
Our analysis cannot account for unobservable property characteristics (e.g., exact condition, unique features) or unpublished rental agreements. Always view properties in person before making decisions.
Data is typically updated every 24-48 hours. Our analysis uses the most recent 6 months of data unless otherwise noted.
Our confidence scores indicate the reliability of each analysis. With sufficient comparable properties (confidence >80%), our market rate estimates are typically within ±5% of actual rental values. Accuracy decreases for unique properties or areas with limited data.
Agents may consider factors not visible in listing data (property condition, tenant preferences). Our analysis reflects market averages, while individual properties may warrant higher or lower prices based on unobservable characteristics.
Many users find our reports helpful for informed discussions. However, we recommend supplementing with local market knowledge and property-specific considerations. Our terms of service prohibit guaranteeing negotiation outcomes.
We refresh our database every 24-48 hours from primary sources. Historical trend analyses use data collected over several years, while current market comparisons focus on the most recent 3-6 months.
Get an objective assessment of any UK rental property in seconds
No registration required. Analysis is free and anonymous.
