Our View
Prime rents in all Essex locations in the Glenny Rent Survey have remained stable over the past 12 months. Thurrock continues to be the highest rented location in the outer M25 market, with values at £16.50 per sq ft, although secondary rents in the location have fallen back to £14.50 per sq ft as second hand supply has increased. Owner occupier capital values have come under pressure falling by 2.8% on average over the past 12 months higher interest rates have impacted on demand.
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