Private rental prices rise by 2.2% in year to Jan: 2017 according to ONS
February 16, 2017
The most recent Statistical Bulleten from the Office for National Statistics (ONS): Index of private housing rental prices (IPHRP) in Great Britain: January 2017.
Main points included in the Statistical Bulleten as below.
Private rental prices paid by tenants in Great Britain rose by 2.2% in the 12 months to January 2017; this is down from 2.3% in December 2016.
In England, private rental prices grew by 2.3%, Wales saw growth of 0.4% while Scotland saw growth of 0.1% in the 12 months to January 2017.
London private rental prices grew by 2.1% in the 12 months to January 2017, which is 0.1 percentage points below the Great Britain 12-month growth rate.
Read the ONS Statistical Bulletin (IPHRP) Jan 2017 in full click here
You May Also Enjoy
Will RRA mean almost 50% of renters need a guarantor?
A surge in tenants who require a rent guarantor is coming to the post-RRA rental market New analysis by Zero Deposit reveals that the proportion of local authority districts in which the average tenant is likely to need a rent guarantor to secure pass tenancy affordability checks could increase from one-in-five to almost one-in-two…
Read More 
Nationwide House Price Index for May 2026 – Thoughts from the Industry
The latest Nationwide House Price Index for May 2026 shows that: House prices fell by -0.6% between April 2026 and May 2026. This marks the first monthly decline recorded so far this year. Annual house price growth slowed to 1.7% in May 2026, down from 3.0% in April 2026. The average UK house price now…
Read More 
Annual house price growth slows in May
UK annual house price growth slowed to 1.7% in May, from 3.0% in April House prices were down 0.6% month on month Headlines May-26 Apr-26 Monthly Index* 551.0 554.3 Monthly Change* -0.6% 0.4% Annual Change 1.7% 3.0% Average Price (not seasonally adjusted) £278,024 £278,880 * Seasonally adjusted figure (note that monthly % changes are…
Read More 
Signs of Outdated Wiring in Older Tulsa-Area Homes
Tulsa has a lot of beautiful older homes. Brookside bungalows, Maple Ridge tudors, the postwar neighborhoods that fill out Midtown and East Tulsa. They were built well, but most were built before central air, before microwaves, before two-car households with two laptops and a dozen phone chargers. The electrical systems inside them were designed for…
Read More 
Britain’s seaside price hotspots revealed
New analysis from the UK’s largest property platform Rightmove reveals Britain’s seaside hotspots where prices are rising the fastest Bootle in Merseyside leads the way, with average asking prices up 11% year-on-year, followed by Crosby in Liverpool (+9%) and Penarth in South Glamorgan (+9%) Other coastal locations including Llantwit Major in South Glamorgan (+8%) and Llanelli, in Carmarthenshire (+7%) are also seeing strong price growth Average asking prices are currently 0.3% lower in Great Britain compared to last year, with some seaside hotspots outpacing the…
Read More 
Hertfordshire emerges as strongest performing London commuter county
New research from UK Property Development reveals that while London property prices fell by more than -3% in the past year, prices in some of the capital’s surrounding counties have enjoyed positive growth, none more so than the premium commuter county of Hertfordshire. In the past year, London’s average house price has fallen by…
Read More