Quoting rents for industrial and warehouse space, as at 1 November 2026. Essentially all available stock of this type sits outside London, which is itself the finding: a London industrial requirement is a sourcing problem before it is a pricing problem.
Recalculated 1 November 2026 from live instructions.
0 instructions were excluded as mis-tagged.
| Submarket | Instructions | Lower quartile | Median | Upper quartile |
|---|---|---|---|---|
| St. Albans | 10 | £17.00 | £17.50 | £19.61 |
| Hemel Hempstead | 19 | £13.94 | £17.00 | £21.50 |
| Aylesbury | 26 | £10.00 | £12.00 | £14.50 |
| High Wycombe | 16 | £10.00 | £11.50 | £15.57 |
| Letchworth | 9 | £10.99 | £11.44 | £12.50 |
| Submarket | Instructions | Lower quartile | Median | Upper quartile |
|---|---|---|---|---|
| Welwyn Garden City | 10 | £13.00 | £14.00 | £16.30 |
| Letchworth | 8 | £11.12 | £13.93 | £14.48 |
| Stevenage | 10 | £12.00 | £13.75 | £16.50 |
| Hemel Hempstead | 10 | £12.00 | £12.74 | £19.00 |
| Aylesbury | 13 | £9.00 | £12.00 | £13.75 |
| High Wycombe | 9 | £9.95 | £11.00 | £16.50 |
Industrial rents compress into a much tighter band than office. A spread above 2× between quartiles usually signals a mix of unit sizes rather than a quality gradient.
Eaves height, yard depth and access drive industrial rates and none of them is captured in a headline rate.
The absence of London industrial supply here is real and worth reading as a signal: last-mile space inside the M25 is not reaching the open market in volume.
