How your rent is set
On this page you can find out how your rent is set and an example of rent calculations.
Rent assessment scheme
The rent we charge you is based on 14 characteristics of the house:
- House type
- Floor area - total square metres
- Number of bedrooms
- Glazing
- Number of external doors
- Parking
- Garden space
- Door entry system
- Communal satellite dish or TV aerial
- Bathroom facilities
- Heating
- Footpaths
- Community alarm
- Kitchen
Each characteristic is given a number of points. Some are more important than others, so have more points. Annually we place a monetary value on each point so the rent can be calculated. This is called the Points Value Factor (PVF).
New tenants get a detailed breakdown of the rent points for their home. Existing tenants get details if there's a change, like an improvement to your home.
Our rent assessment scheme booklet (PDF 853KB) explains how we work out the rent you pay. The booklet explains how the scheme works, the rent setting characteristics and the points allocated and describes why and how rents change.
You can contact Housing for a detailed breakdown of the rent points for your home and for more information on your rent assessment.
Rent calculation example
The following example is based on 2022 to 2023 rent figures, where each point = £10.81 per year. This is the points value which is updated annually and included in your notification of any rent increase.
Description | Points | Points value | Annual charge | Weekly charge |
---|---|---|---|---|
End terraced house |
100
|
10.81 | £1,081 | £20.79 |
Floor area 75 square metres |
90
|
10.81 | £972.90 | £18.70 |
Apartment size (2 bedrooms) |
60
|
10.81 | £648.60 | £12.47 |
Glazing - double |
25
|
10.81 | £270.25 | £5.20 |
External doors - two |
10
|
10.81 | £108.10 | £2.08 |
Parking - none |
0
|
10.81 |
£0.00
|
£0.00
|
Garden space - private |
30
|
10.81 | £324.30 | £6.24 |
Door entry system - none |
0
|
10.81 |
£0.00
|
£0.00
|
Communal TV or aerial - none |
0
|
10.81 |
£0.00
|
£0.00
|
Bathroom facilities - bath |
10
|
10.81 | £108.10 | £2.08 |
Bathroom facilities - wash hand basin |
5
|
10.81 | £54.05 | £1.04 |
Bathroom facilities - WC |
5
|
10.81 | £54.05 | £1.04 |
Heating - full gas |
40
|
10.81 | £432.40 | £8.31 |
External paths - shared |
20
|
10.81 | £216.20 | £4.16 |
Community alarm - none |
0
|
10.81 |
£0.00
|
£0.00
|
Kitchen facilities - fully fitted |
35
|
10.81 | £378.35 | £7.28 |
Weekly rent | £89.39 |