Rents increased by 1.2% in the UK in the year to April 2019 – PropertyWire
Rents in the. January 2015 and July 2019, private rental prices in the UK increased by 7.8% A breakdown of the figures.
Private rental prices paid by tenants in the UK rose by 1.2% in the 12 months to April 2019, unchanged from March 2019, ONS’s Index of Private Housing has found. In England, private rental prices grew by 1.2%, Wales experienced growth of 1.1%, while in Scotland private rental prices increased by 0.7% in the 12 months to April 2019.
The average rent in the UK increased by 2.3% in the year to July 2019 to 959, with growth. in the South East by 1.2% to 1,053, in Yorkshire and the Humber by 0.9% to 641 and in the. Kindly Shared by Property Wire. 8th June 2018.
Private rental prices paid by tenants in the UK increased by 1.2% in the 12 months to April 2019, unchanged from 1.2% in March 2019. For example, a property that was rented for 500 per month in April 2018, which saw its rent increase by the average rate in the UK, would be rented for 506 in April 2019.
Although the annual rate of growth is down slightly on April’s 2.6% figure, rent price rises in the UK were led by England, where rents rose by 2.6% over the 12 months to May. scotland experienced rent price growth of 0.4% over the year, while prices remained flat in Wales.
UK private rental prices growth rate strengthens. private rental prices paid by tenants in the UK increased by 1.3% in the 12 months to May 2019, up from 1.2% in April 2019. For example, a property that was rented for 500 per month in May 2018, which saw its rent increase by the average rate in the UK, would be rented for 506.50 in May 2019.
Inflation Rate data for the UK is available from 1988 onward. Year over Year compares the growth rate of the CPI from one period to the same period a year earlier. See United Kingdom Historical Consumer Price Index (CPI).
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The ONS also said that rent paid by tenants to private landlords in the UK rose by 1.2% in the year to April. The average UK house price was 227,000 in March, up 1.4% on the same month a year.
Average rents across the UK rose by 2.3% in July 2019 when compared to the same month a year previously; the average monthly rent is now 959 Rents in London increased by 3.1% in July 2019 than in the same month of 2018; the average rent in the capital now stands at 1,665 a month.
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