Market Appraisals
General Enquires
Press Enquires
Investment & New Homes
  • United Kingdom
  • United States
  • Spain
    • Majorca
    • Ibiza
  • Italy
Research 22 January 2015

Chrome January 2015 - Rental values

Average rental values for new tenancies in the capital stand at £1,408pcm.

Nick Barnes, Head of Research

Chrome January 2015 - Rental values

Homelet reports that average rents for new tenancies in London in November fell by 0.2% compared to October but were still 11% higher than in November 2013. Average rental values for new tenancies in the capital stand at £1,408pcm.

NB comment: private sector rents are rising more slowly than average house prices in London, but are nonetheless comfortably outstripping inflation and wages growth. With demand exceeding supply – other than in the prime sector.


Download Chestertons Residential Observer - January 2015