Blog Post

Going up: rents rise in all regions

TomS - Head Tom Simper May 5, 2022, 11:40 AM
271_Dataloft_Rents_going_up-01

The average rent in the UK at the end of April 2022 was £1,091 pcm (per calendar month), up 9.5% on the same time last year and up 1.2% from March.

Positive annual and monthly change in rental prices have been recorded in every region. London has seen the highest increases: annual (14.2%) and monthly (1.9%).

After London, the regions which have recorded the highest annual rises are Scotland (12.3%), North West (11%) and South West (8.4%).

The cost-of-living crisis could put downward pressure on rental growth. Currently, the imbalance between supply and demand continues to be the force behind rent inflation. Source: Dataloft, HomeLet

Leave a comment
Newest on top Oldest on top
Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"Positives: Quick sale"

- Andy

"I would have no hesitation on recomending Gill and her team to manage a property or portfolio, in fact I think anyone would be mad to go anywhere else!"

- Barry

"Abbey was very good and I felt she understood exactly what I was looking for"

- Alistair

"It has always been prompt action on any issue raised and the feedback has been positive."

- Oketokun

"They are truly the best"

- Paulina

"Abbey was lovely, really helpful and informative, thank you!"

- Lisa

"We are very grateful for everything and wholeheartedly recommend Peter Anthony to anyone looking for outstanding property management services."

- Aman

"Any issues Peter Anthony have been spot on and Sean as been professional and helpful at all times"

- Ian