Aberdeen

Eduardo Prato

Eduardo Prato - Martin & Co.

“The second quarter of 2025 highlights the ongoing strength of Aberdeen’s property letting market. Rents continue to rise steadily, correcting the downward trend seen from 2015 to 2020. Growth is especially strong in 3+ bedroom homes and new builds of all sizes. Notably, new build 1 and 2 bedroom flats are commanding significant premiums over older granite properties. Tenants are willing to pay more for energy efficiency, allocated parking, and modern amenities. Traditional properties are also letting faster than in 2024, provided they meet high standards. The takeaway: demand remains strong for quality homes offered by service-minded landlords.”

Market Overview - Q2 2025

BedsAverage
Rent
Rent Change
1yr
Rent Change
5yrs
Rent Change
10yrs
Av. TTL
(days)
TTL Change
YoY
Let within
a week
Let within
a month
1 bed £560 1.3% 26.4% -17.6% 35 8 12% 58%
2 bed £798 -0.2% 26.1% -19.3% 36 8 9% 54%
3 bed £1,174 -0.3% 23.7% -12.0% 38 5 11% 55%
4 bed £1,618 -5.0% 30.0% -14.8% 43 14 4% 44%
All £883 -0.3% 26.9% -15.3% 36 8 10% 55%

Average Rent (pcm) by Number of Bedrooms

Average Time To Let (TTL) by Number of Bedrooms

Rental Index (base Q1 2008)

YearQ1Q2Q3Q4
2008 100.0 99.5 100.7 98.8
2009 97.1 94.6 93.8 96.8
2010 96.9 96.5 96.3 98.3
2011 102.5 97.4 99.2 101.0
2012 103.2 101.8 101.6 107.3
2013 108.6 109.3 113.2 116.2
2014 120.5 122.5 120.6 125.4
2015 123.1 117.9 112.4 105.5
2016 97.7 93.9 93.7 89.2
2017 86.8 89.0 87.5 85.3
2018 83.2 83.6 84.2 80.8
2019 80.2 82.9 80.9 80.0
2020 79.3 78.6 80.7 80.1
2021 79.0 79.9 80.8 80.7
2022 81.7 83.4 87.2 88.8
2023 90.2 94.4 94.0 97.5
2024 97.6 100.1 98.2 99.0
2025 97.5 99.8    

Market Composition

Yield by Popular Postcode (Flats):

Postcode20172018201920202021
AB10 5.20% 5.40% 5.20% 5.30% 5.3%
AB11 5.60% 5.70% 6.00% 6.20% 6.1%
AB15 5.10% 4.90% 5.20% 5.20% 5.4%
AB24 6.60% 6.70% 6.40% 7.30% 7.4%
AB25 5.50% 5.30% 4.90% 5.60% 5.8%
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