The so-called ‘affordable’ rent

Northampton Rental Statistics

2 bedroom private rental £582

2 bedroom ‘Affordable’ rent £465.60

2 bedroom NBC Social rent £333.23

 

Note: The 100 new council housing for Northampton will be rented at the so-called ‘affordable’ rent, which can be 80% of the private market rent

 

Private Rental Market Statistics for Northampton

 

 

Table 1.1: Summary of property type ‘Room’ monthly rents recorded between 1 Apr 2013 to 31 Mar 2014

 

Northampton Market Rents
Average Lower quartile Upper quartile
Studio £       425.00 £ 375.00 £     450.00
1 bedroom £       470.00 £ 435.00 £     500.00
2 bedroom £       582.00 £ 550.00 £     625.00
3 bedroom £       669.00 £ 595.00 £     725.00
4 or more bedrooms £       988.00 £ 800.00 £1,100.00

 

 

Northampton Council Rents
  Week (52) Week (48) Year Month
Studio £       58.90 £     63.81 £3,062.80 £     255.23
1 bedroom £       65.86 £     71.35 £3,424.72 £     285.39
2 bedroom £       76.90 £     83.31 £3,998.80 £     333.23
3 bedroom £       88.11 £     95.45 £4,581.72 £     381.81
4 or more bedrooms £       99.80 £ 108.12 £5,189.60 £     432.47

 

 

Northampton the mix of what you pay
  Council Market 80% Market
Studio £       255.23 £ 425.00 £     340.00
1 bedroom £       285.39 £ 470.00 £     376.00
2 bedroom £       333.23 £ 582.00 £     465.60
3 bedroom £       381.81 £ 669.00 £     535.20
4 or more bedrooms £       432.47 £ 988.00 £     790.40

 

 

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s