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
Rightmove Sends the Enquiry. The Branch That Rings First Books the Viewing
Every branch pays the portal invoice. Rightmove and Zoopla deliver the enquiries, often within seconds of the applicant pressing the button. What happens in the next half hour decides whether that invoice turned into a viewing or into a line in someone else’s diary. The uncomfortable truth, which Rightmove’s own research has pointed to for…
Read More Residential projects remain under pressure
Infrastructure keeps UK construction moving through a sluggish spell Residential and non-residential projects remain under pressure, while infrastructure and utilities work give the industry a much-needed lift The value of underlying work starting on-site during the latest three months declined 2% and stood 18% below last year’s levels. Residential construction starts fell 8% against the…
Read More Homebuyers hold tight ahead of Autumn Budget
but should they wait to make their move? The latest research from Yopa has revealed that mortgage market activity has reversed in recent months, with approvals falling at an average monthly rate of 3.9% over the last four months, having previously increased by an average of 1.5% per month over the previous four months, suggesting…
Read More House price growth accelerates in Q2
The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that the property market continued to build momentum during the second quarter of 2026, with UK house prices increasing by 1.1%, while London recorded a second consecutive quarter of positive growth. The Benham and Reeves Market Index Review…
Read More House prices hold steady despite impact of higher interest rates
House prices were unchanged in September (0.0%), following a -0.3% fall in August The average property price is now £298,441, compared to £298,395 in August Prices were also unchanged annually (0.0%) compared with September last year Northern Ireland continues to lead UK annual growth, at +7.4% Latest first-time buyer prices reveal what a 2.5% deposit…
Read More Breaking Property News 5/10/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Architect-founded KnowYourNest brings property scores into the home search, with a free 1–10 score and full KnowYourNest reports from £9.95 By Author Andrew Stanton CEO Proptech-PR NestLink today launches free NestScore checks and KnowYourNest property intelligence reports for buyers and homeowners across England and Wales.…
Read More 
