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Research 29 May 2015

Rental values May 2015

Rental value growth continues to accelerate both at national level and in London.

Nick Barnes, Head of Research

Rental values

  • The Homelet Rental Index reports that average UK rental values for new tenancies in Q1 were 10.1% higher than in the corresponding period in 2014. The average national rent in March stood at £918 pcm.
  • Average rents for new tenancies in London were 8.4% higher over the same period. The average London rent in March stood at £1,443 pcm.