Latest Rental Index October 2019
Homelet's latest Rental Index for October 2019 shows that the average rental price for a new tenancy in the UK was £953 per calendar month (pcm), which is up by 2.7% on last year
- Average rents across the UK rose by 2.7% in October 2019 when compared to the same month a year previously; the average monthly rent is now £953
- Rents in London increased by 2.8% in October 2019 than in the same month of 2018; the average rent in the capital now stands at £1,665 a month.
- When London is excluded, the average UK rental value was £788 in October 2019, this is up 2.8% on last year.
- HomeLet's October Rental Index reveals that rents rose from last year in all 12 of the regions covered in the research.
- In October, average rental values in London (£1,665) were 74% higher than the UK (£953)
- When London is excluded the average rent in the UK was £788 in October, average rents in London (£1,665) were 111.3% higher than the rest of the UK
For full Rental Index from Homelet please see below: