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April 2015 - Rental values

London property MAIN

Rental growth at national level accelerated over the past three months whereas in London, despite the demand pressure for rented accommodation, rental growth slowed.

Nick Barnes

Rental values

According to the Homelet Rental Index, average UK rental values for new tenancies in the three months to February were 9.2% higher than in the same period in 2014. Average UK rents for new tenancies over the three month period to February 2014 were £899 per calendar month. 

Average rents for new tenancies in London were 5.1% higher in February compared to the corresponding month in 2014 and now stand at £1,390 per calendar month.

Rental Values Chrome report April 2015. Chestertons estate agents

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Nick has more than 20 years’ experience within the property research arena.

Nick Barnes

Nick Barnes

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