Stockport Property News

Rental Growth is Heating Up

David Boyd Jun 28, 2019, 11:28 AM
 

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.

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

Join our Newsletter

About The Blog

This Blog looks at what is happening in Stockport, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area. 

"Yaseen was a truly amazing agent."

- Yasuhira Nomura

"Abbey was very friendly and helpful"

- Sandra

"Excellent service, quick to find tenants and organising final checks, no complaints so far!"

- Steve

"Sold a property, and Gill was amazing throughout the process!"

- Rachel

"A great company and great experience."

- Andrew

"The staff at Peter Anthony could not have been more helpful. The team are well led by Gill."

- Steve

"Went above and beyond helping us secure a home, truly kind people"

- Anya

"I had a viewing with Abbey, so lovely and friendly"

- Amy