Blog Post

Rental Growth is Heating Up

Jun 28, 2019, 11:28 AM by David Boyd
 

129_Dataloft_Rental_value_increase-01

  • At 1.3%, annual rental price growth across the UK in the year to May is at its highest level in 18 months, according to the latest figures released by the Office for National Statistics
  • The East Midlands, South West and Yorkshire and the Humber are currently ranked the top three regions for growth, with rents rising by 2.1%, 2.0% and 1.8% respectively.
  • Average rental growth across the London region averaged -0.1% during 2018. The 0.9% rise recorded this month was the highest rate of growth across the capital since September 2017, while in the North East, at 0.5%, rental price growth is at its highest level since the summer of 2017.
  • Across the East of England, South East and South West, rental price growth currently exceeds annual levels of house price growth.
Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"Denise has been absolutely brillian"

- Rachel

"fantastic letting agency"

- Roger

"Denise helps every step of the way"

- Matt

"Emily has been friendly, informative and easily contactable."

- Rifat

"Very Helpful Staff"

- Dale

"Very Happy Tenant Indeed"

- Mr Csoke

"Superb service from Peter Anthony."

- Stephen

"Great service and care"

- David