Salford Property News
Going up: rents rise in all regions
Tom Simper
May 5, 2022, 11:40 AM
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
About The Blog
This Blog looks at what is happening in the Salford and Eccles property market. We report on events and community news along with investment ideas and tips for those loosing to invest in the area.
Dewi Jones - Editor
Salford is fast becoming one the most exciting areas of development in North West. If you need any assistance buying, selling or letting properties in the area we have over 30 years of experience
and local knowledge to help.
T: 0161 707 4745
E: [email protected]
Leave a comment