Private rental prices paid by tenants in Great Britain rose by 1.1% in the 12 months to January 2018 according to ONS

Latest Statistical Bulletin from the Office for National Statistics released 13th February 2018 – Index of Private Housing Rental Prices, Great Britain – January 2018.

An experimental price index tracking the prices paid for renting property from private landlords in Great Britain.

Main points included in the release:

Private rental prices paid by tenants in Great Britain rose by 1.1% in the 12 months to January 2018; this is down from 1.2% in December 2017.

In England, private rental prices grew by 1.1%, Wales saw growth of 1.4% while Scotland saw rental prices increase by 0.3% in the 12 months to January 2018.

London private rental prices grew by 0.2% in the 12 months to January 2018, that is, 0.9 percentage points below the Great Britain 12-month growth rate.

Read the release from the ONS 13th February 2018 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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