Zoopla Market Data

[Hadda Condino]

Discovervaluable property market insights with our data product sourced from Zoopla Live, one of the UK's premier aggregators of property listings data. Gain access to a comprehensive dataset containing information on 27,000,000 homes, up to 1,000,000 property listings,.

The Urban Big Data Centre (UBDC) systematially collects daily property listings from Zoopla across the entire UK since 2017; and each year, we process and consolidate the collected data into yearly aggregated and harmonized 'analysis-ready' datasets.

Please note that additional daily data from Zoopla can be made available upon request if the provided aggregated product does not meet specific research requirements.Additionally, it's essential to be aware that each Zoopla year spans 18 months, from the 1st of Oct of the previous year until the 31st of March of the following year.

UBDC can provide Live Collected Aggregated Data: Aggregated (yearly) data made from Live Collected data. The Zoopla year is +/- 3 months for each year(= zoopla year 18 months) The collection requires unique property id in the API request.

Note: In accessing this data, you agree that any downloading of content is for non-commercial reference only. No part of these materials may be used for any other purpose or reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without the prior consent of the University of Glasgow.

Figure 1: The UK annual private rental price percentage change rose to 4.9% in the 12 months to March 2023Index of Private Housing Rental Prices percentage change over 12 months, UK and London, January 2016 to March 2023 Source: Index of Private Housing Rental Prices from the Office for National StatisticsNotes:Data presented are classified as Experimental Statistics. More information is available in Section 9: Strengths and limitations.Download this chart Figure 1: The UK annual private rental price percentage change rose to 4.9% in the 12 months to March 2023Image.csv.xls

The annual growth rate of private rental prices in the UK began to increase in the second half of 2021. Annual growth was seen across all regions except London, where prices decreased. The annual percentage change in rents increased across all regions in 2022, including in London, and this has continued in early 2023.

The Association of Residential Letting Agents (ARLA) state in their March 2023 Housing Insight Report that the issue of undersupply remains, with no movement seen in the number of properties available to rent. This translates to an average of 10 prospective tenants registering per available property. Most responding agents reported rents increasing month-on-month on average in March.

The Royal Institution of Chartered Surveyors (RICS) reported in their March 2023 UK Residential Market Survey that strong demand is being seen practically across the whole of the UK. At the same time, new landlord instructions remain in negative territory, as there continue to be fewer new lets available. In keeping with this imbalance in demand and supply, respondents continue to anticipate rent prices reaching higher levels. Moreover, all parts of the UK are expected to see an increase in rents during the coming 12 months.

Supply and demand pressures can take time to be reflected in the Index of Private Housing Rental Prices (IPHRP). This is because the IPHRP reflects price changes for all private rental properties, rather than only newly advertised rental properties. Our Measuring rents: stock vs flow blog post explains how we measure price change in the IPHRP.

In England, private rental prices increased by 4.6% in the 12 months to March 2023. When London is excluded from England, private rental prices also increased by 4.6% in the 12 months to March 2023. These figures are both the highest annual percentage changes since these series began in January 2006.

Private rental prices in Wales increased by 4.4% in the 12 months to March 2023. This is up from an increase of 4.2% in February 2023, and is the highest annual percentage change since the Wales series began in January 2010.

Private rental prices in Scotland increased by 5.1% in the 12 months to March 2023. This is up from an increase of 4.9% in February 2023, and is the highest annual percentage change since the Scotland series began in January 2012. The Cost of Living (Tenant Protection) Scotland Bill capped mid-tenancy rental price increases to 0% until 31 March 2023. On 1 April 2023, this rental price increase cap was increased to 3% (and up to 6% in certain circumstances). This rental price cap only applies to in-tenancy rent increases, with no restriction on rent increases for new lets. Estimates produced for Scotland are based predominantly on advertised rental data, along with assumptions on average tenancy periods, and so do not directly reflect changes in rents for existing tenants. IPHRP has continued to report increasing annual rental price inflation for Scotland since this Bill was passed, probably reflecting increasing rental prices from new lets as they continue to feed into the Scotland IPHRP stock measure. The IPHRP methodology assumes that rental price remains constant for up to 14 months if updated rental data for that property is not available. The Cost of Living Scotland Bill could lead to an increase in the average length of time that rental price remains unchanged. If the average time between rental price changes is above the assumed 14 months, then the IPHRP will overstate the rise in rental costs in the overall market in Scotland. This is because only a small proportion of the sample is based on updated rental data from existing lets, and replacement data will be predominantly based on uncapped newly advertised rents. Users are advised to bear this in mind when interpreting the estimates for Scotland.

The annual percentage change for Northern Ireland in March 2023 was 9.9%. This was higher than the other countries of the UK. Northern Ireland data have been carried forward since January 2023. Northern Ireland data will be updated in our next Index of Private Housing Rental Prices, UK bulletin, to be published on 24 May 2023.

Figure 2: Annual rental percentage change in Scotland continues to surpass England and WalesIndex of Private Housing Rental Prices percentage change over 12 months for countries of the UK, January 2012 to March 2023 Source: Index of Private Housing Rental Prices from the Office for National StatisticsNotes:Data presented are classified as Experimental Statistics. More information is available in Section 9: Strengths and limitations.Northern Ireland data are carried forward until updated data are available for publication on 24 May 2023. The Cost of Living (Tenant Protection) Scotland Bill passed on 6 October 2022 introduced a temporary rent cap in the private rented sector in Scotland. This cap, which applies to in-tenancy rent increases, was initially set at 0% for rent-increase notices served from 6 September 2022 until 31 March 2023. Private landlords could alternatively apply for a rent increase of up to 3% to help cover certain increases in costs in defined and limited circumstances. The Act has since been extended to 30 September 2023, with a mid-tenancy rent-increase cap of 3% from 1 April 2023. Private landlords are able to apply for a rent increase of up to 6% to help cover certain increases in costs in defined and limited circumstances.Download this chart Figure 2: Annual rental percentage change in Scotland continues to surpass England and WalesImage.csv.xls

Figure 3: Rental prices have increased more in England and Northern Ireland than in Wales and Scotland since 2015Index of Private Housing Rental Prices indices for countries of the UK, January 2015 to March 2023 Source: Index of Private Housing Rental Prices from the Office for National StatisticsNotes:Data presented are classified as Experimental Statistics. More information is available in Section 9: Strengths and limitations.Northern Ireland data are carried forward until updated data are available for publication on 24 May 2023. The Cost of Living (Tenant Protection) Scotland Bill passed on 6 October 2022 introduced a temporary rent cap in the private rented sector in Scotland. This cap, which applies to in-tenancy rent increases, was initially set at 0% for rent-increase notices served from 6 September 2022 until 31 March 2023. Private landlords could alternatively apply for a rent increase of up to 3% to help cover certain increases in costs in defined and limited circumstances. The Act has since been extended to 30 September 2023, with a mid-tenancy rent-increase cap of 3% from 1 April 2023. Private landlords are able to apply for a rent increase of up to 6% to help cover certain increases in costs in defined and limited circumstances.Download this chart Figure 3: Rental prices have increased more in England and Northern Ireland than in Wales and Scotland since 2015Image.csv.xls

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