Each month we produce the Rentshield Rental Index, to keep our agents up to date with the latest rental figures and trends throughout the UK. If you’re looking for average rental levels, annual and monthly variance by region and rent to income ratios, you’ve come to the right place!
Key headlines from the July Rental Index
- Rents in the UK rose by 1.3% in July compared to the same month a year ago; the average monthly rent now stands at £937 a month
- Rents in London increased by 3.3% in July this year compared to July 2017; the average monthly rent in the capital now stands at £1,615 a month
- When London is excluded, the average UK rental value was £777 in July 2018, this is up 1.0% on last year
- Rentshield’s July Rental Index reveals that rents rose in 8 of the 12 UK regions covered in the research