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Rental Values October 2015

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–– Average UK monthly rents in the three months to August increased to £992 from £977 in July and were 10.5% higher than in the corresponding period in 2014, according to the Homelet Rental Index.

–– Average monthly rents in London in the three months to August (£1,558) rose by 8.2% compared to the same period in 2014.

“Rent rises are slowing in both London and nationwide, however the average rate of rent increases remains way above inflation and average wage growth.”
Nick Barnes, Chestertons’ Head of Research

Rental Values

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