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.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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