1. Where does the data come from?
NinjaRent uses a three-source model. Each source is clearly labelled wherever it appears:
- Tenant submissions (achieved rents). Our intended primary source. Verified renters submit the exact rent they pay. Building-level accuracy, no intermediaries.
- ONS Price Index of Private Rents (achieved rents, aggregate). The official UK rental statistics series published by the Office for National Statistics. Provides mean rent per London borough, per bedroom count, updated monthly. We use this as the authoritative baseline when comparing a property to its borough.
- OpenRent listings (asking rents, v1 only). Individual property-level asking prices scraped from OpenRent's public search results. Used to bootstrap per-property data in v1 until tenant submissions are sufficient. Labelled as "asking" wherever shown, and replaced by tenant submissions as they come in.
Honest disclaimer: asking prices typically run 5–10% above achieved rents. Use the ONS borough median as your reality check.