February 14, 2020
rents rise in the uk!
2019 was a year of recovering rental values following the drop observed in 2018. The DPS (Deposit Protection Service) reports a 1.4% increase in rents in 2019 (Q42018 to Q42019).
Average monthly rent in the UK is now £773, or £672 excluding London.
London continues to be the most expensive region to rent with average monthly rents of £1,345. The North East is the cheapest region to rent with monthly rents of £518.
Strongest annual growth in average monthly rents was seen in London, a 4.3% increase followed by the South West region at 3.3%.