Letting Agents in Barking And Dagenham

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Letting Agents in Barking And Dagenham

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Barking and dagenham rental market overview

Barking and Dagenham's rental market is experiencing substantial growth, with average rents increasing by 10.1% over the past 12 months to reach £1,501 per month. This growth, exceeding the national average of 8.6%, reflects the borough's increasing popularity as an affordable alternative to more central London locations.

The area has seen significant regeneration in recent years, contributing to a remarkable 58.58% increase in house prices over the past decade. With further rental cost increases projected and substantial investment in the area, Barking and Dagenham presents attractive opportunities for both landlords and tenants seeking value within reach of central London.

Average Monthly Rent in Barking and dagenham

£1,100 PCM

1-Bedroom

£1,350 PCM

2-Bedroom

£1,650 PCM

3-Bedroom

Based on average rental prices in Barking and dagenham as of April 2025

Rent Increase Over Last 12 Months

10.1%

Barking and dagenham

8.6%

National Average

Year-on-year rental price growth as of April 2025

Popular Areas in Barking and dagenham

Barking

Regeneration area with good transport links

Dagenham

Affordable homes with growing demand

Becontree

Family-friendly area with green spaces

Market Trends in Barking and dagenham

Significant regeneration driving property value growth
Strong demand from those priced out of inner London
House prices increased 58.58% over the past decade

Frequently Asked Questions

Why is Barking and Dagenham becoming popular with renters?

Barking and Dagenham is gaining popularity with renters due to its relative affordability compared to other London boroughs, excellent transport links to central London (including the District Line, Hammersmith & City Line, and c2c rail services), and significant regeneration projects. The borough offers renters the opportunity to secure more space for their money while remaining within easy commuting distance of central London. Major developments like Barking Riverside and the planned Dagenham film studios are further enhancing the area's appeal.

What types of properties are available to rent in Barking and Dagenham?

Barking and Dagenham offers a diverse range of rental properties, from purpose-built apartments in new developments to traditional terraced houses and ex-local authority properties. The borough has seen significant new construction in recent years, particularly around Barking town center and Barking Riverside, adding modern apartments to the housing stock. For families, areas like Becontree offer larger homes with gardens, while young professionals often prefer the newer developments closer to transport links.

What should landlords know about investing in Barking and Dagenham?

Landlords investing in Barking and Dagenham should be aware of the area's strong growth potential, with property values increasing by 58.58% over the past decade and rental growth of 10.1% in the past year. The borough has selective licensing schemes in place, requiring landlords to obtain licenses for rental properties in certain areas. While yields are typically higher than in more central London locations, property management is crucial to navigate local regulations and maximize returns. The ongoing regeneration projects and improved transport links are likely to continue driving demand and property values in the coming years.

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