It’s time for your monthly update of the UK rental market! Each month we put together the Rentshield Rental Index, filled with the most up to date rental figures from your region and beyond…make sure you check back next month for November’s figures.
Key headlines from the October 2018 Rental Index
- Rents in the UK rose by 2.1% in October compared to the same month a year ago; the average monthly rent now stands at £928
- Rents in London increased by 4.0% in October this year compared to October 2017; the average monthly rent in the capital now stands at £1,619
- When London is excluded, the average UK rental value was £768 in October 2018, this is up 1.7% on last year
- Rentshield’s October Rental Index reveals that rents rose in 11 of the 12 UK regions covered in the research