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As an agent in the Stevenage property market, I believe it is important to offer local homeowners a balanced and realistic view of both the Stevenage and national property markets.
Binfield's private rental market has changed considerably over the last five years. In 2021, the average monthly rent in Binfield was £1,417. So far in 2026, that figure stands at £1,867.
In the last two years, only 63.93% of the homes that came on the market have ended up selling.
Stevenage's private rental market has changed considerably over the last five years. In 2021, the average monthly rent in Stevenage was £1,029. So far in 2026, that figure stands at £1,377. That is a rise of 33.8%. To put that into context, the average UK rent increased from £1,390 in 2021 to £1,744 in 2026, a rise of 25.5%.