Average rent in England and Wales continues to climb.
September 12, 2016
According to Your Move Buy to Let Index August 2016: The average rent in England and Wales now stands at £846 per calendar month, the highest figure ever recorded by Your Move.
July’s figure is 5.2% higher than last July and 4.4% up on the £810 recorded in June 2016.
South East sees rent increases of 14.9 % over the year, North East home to highest yields at 5.5%, London lowest at 3.2%.
Source of news item Your Move, to read the article in full along with data click here
You May Also Enjoy
Landlord returns reach almost 7% in some areas
Landlord returns reach almost 7% in strongest rental markets, but protecting those returns is just as important as generating them The latest analysis by The Letting Partnership has revealed that rental yields are reaching almost 7% in England’s strongest-performing markets, but the firm has warned landlords that generating a healthy return is only half the equation,…
Read More 
Portfolio landlords now control almost half of England’s private rentals
A changing landlord landscape is being shaped by wealth creation, lifestyle flexibility and a more professional approach to property investment. A new generation of investors are entering the market driven by long-term wealth creation, lifestyle flexibility and a more business-minded approach to property ownership, according to John Minnis estate agents. While the latest English Private…
Read More 
Commuter growth peaks in the north as Manchester and Glasgow lead the way
New analysis from the UK’s largest property platform Rightmove, reveals the commuter hotspots around six major cities where average asking prices are rising the fastest Affordable commuter locations around Glasgow and Manchester lead house price growth Falkirk, Stirlingshire, has the highest price growth at +13.5%, with an average asking price of £183,596 While asking prices…
Read More 
Castles, cottages, vineyards and barn conversions
The latest data from LandSale has revealed what buyers can expect to pay, and how much they can get for their money if they want to escape to the country, with castles, vineyards, barn conversions, and cottages currently offering very different routes to rural living. The analysis draws on LandSale’s internal listing data and examines…
Read More 
Poor property maintenance could wipe £59,000 in value
The latest research by property management specialist, Rushbrook, has revealed that landlords who fail to adequately maintain their rental properties could see as much as £30,172 wiped from the value of the average buy-to-let investment across England, with this potential loss climbing to almost £59,000 in London. Rushbrook analysed landlord-specific property values across each…
Read More 
Breaking Property News 20/8/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Why Angela Rayner Housing Secretary is in the wrong job – again A smile, bluster and vague soundbites will not solve the UK housing crisis Thought Leadership by Andrew Stanton – CEO Proptech-PR ‘I have been involved in the UK property industry since the mid 1980’s…
Read More