Released yesterday 28th July by The Office for National Statistics ‘Index of private housing rental prices (IPHRP) in Great Britain. Results: June 2016.
An experimental price index tracking the prices paid for renting property from private landlords in Great Britain.
Private rental prices paid by tenants in Great Britain rose by 2.4% in the 12 months to June 2016, down from 2.5% when compared with the year to May 2016.
Private rental prices grew by 2.5% in England, 0.1% in Scotland and fell by 0.1% in Wales in the 12 months to June 2016.
Rental prices increased in all the English regions over the year to June 2016, with rental prices increasing the most in the South East (3.4%).
To read the Statistical Bulletin in full click here
Author: 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.