Private rental values in the S66 area of Rotherham have experienced a steady increase throughout 2024. On average, rents in this postcode saw growth of approximately 6.1% during the year, reflecting both regional and national trends of rising rental demand and limited housing supply
Factors contributing to this growth include increased competition for available rental properties and ongoing inflationary pressures. For context, rental values in specific locations within S66, such as Maltby, also followed a similar upward trajectory, influenced by local economic activity and infrastructure developments.
The values in the S66 postcode are forecast to experience moderate growth during 2025. Nationally, rental prices are expected to increase by around 3% for the year, reflecting a stabilisation after significant rent rises in prior years. This trend aligns with slowing rental inflation as affordability constraints temper excessive growth, despite high demand for rental properties due to constrained supply.
S66 may see growth aligning with these national averages or slightly below, depending on local market dynamics, such as tenant demand, property supply, and broader economic conditions. Energy efficiency improvements and regulatory changes, such as the upcoming Renters’ Reform Bill, could also influence rents as landlords adapt properties to meet new standards. If you would like to receive regular updates, register your details here https://www.cruciblehomes.co.uk/contact-us/ For more information or advice, contact one of our Property Experts.
*All data supported by Rightmove & Bricks & Logic 2024*