Average rents increased in Q4 2016 according to Belvoir.
April 3, 2017
The latest Belvoir Rental Index Report for Q4 2016 is now published on their website. Belvoir Lettings is one of the UK’s largest specialist residential lettings agencies with over 150 offices nationwide and a 20+ franchise support team based at Central Office in Grantham.
Belvoir report that the National Rental Trend for offices in England, Scotland and Wales that have been trading consistently over the last eight years, that the data indicates rental increases of just over 1.25%, year on year, from £734 in Q4 2015 to £744 in Q4 2016. When comparing the Q4 2016 average rent to the 2015 annual average of £722, this shows a 3% increase.
For the offices in England, Wales and Scotland, including all new Belvoir offices, the average rent for Q4 2016 is £799 per month,compared to the Q4 2015 average, shows a year on year increase of just under 3.75%. Comparing the Q4 2016 average to the 2015 annual average, this shows increases of around 4.5%.
Read the Belvoir Q4 2016 Rental Index Report in full, by region and county including data, click here.
You May Also Enjoy
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 
Gap between house prices and earnings narrows
Gap between house prices and earnings narrows – but higher borrowing costs limit affordability gains UK’s house price to income ratio falls from 7.6 to 7.3, an 11-year low, as earnings continue to outpace house price growth For first-time buyers, homes now cost less than six times earnings, falling from 6.1 to 5.9 However, monthly…
Read More