Average monthly rent in UK in December 2017 stands at £907 according to Homelet
Latest Homelet Rental Index report – December 2017 data reveals average rents across the UK rose by 1.7% in December 2017 when compared to the same month a year previously.
The average monthly in the UK rent is now £907, when London is excluded, the average UK rental value was £758 in December 2017, this is up 1.9% on last year.
The report states: The East Midlands saw the highest rate of rental price inflation in December, with rents 4.6% up compared to a year previously.
Rents in London increased by 1.0% in December 2017 compared to December 2016, the average monthly rent in the capital is now priced at £1,524 a month.
Read the Homelet Rental Index report – December 2017 data in full click here.