Private rental prices rise by 2.2% in year to Jan: 2017 according to ONS

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

 

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.

You May Also Enjoy

Breaking News

Renters’ Rights Bill: lettings experts outline key changes landlords must prepare for

Following the long-awaited Renters Rights Bill achieving Royal Assent, lettings and compliance experts at Beresfords Group are advising landlords to start preparing now for the most significant reform to the private rented sector in decades. While the bill has now officially become law, much of its detail including implementation dates and transitional arrangements remains unclear.…
Read More
Breaking News

England’s south coast sees highest rent increase in UK

Southampton, Portsmouth and Worthing average rent prices rise by +8%, the highest rise in the UK Renters in Yorkshire get the most for their money with UK’s lowest average rents of £978 Landlords didn’t flock to sell up, amidst Renters’ Rights Act anticipation   A report released from one of the UK’s leading estate and…
Read More
Estate Agents should not all look the same
Breaking News

Why the human relationship still defines real estate lending

By Daniel Austin, CEO and Co-founder, ASK Partners AI is now a core driver of transformation in financial services, reshaping the foundations of real estate lending. Over 85% of UK lenders now deploy AI tools to streamline operations and improve decision-making, according to AllAboutAI.com. For a sector long criticised for rigid risk models and slow…
Read More
Breaking News

Britain’s most desirable military towns where homes command premiums as high as 51%

The latest research from eXp UK has revealed that homes located close to some of Britain’s most prominent military towns command a price premium of up to 51% when compared to property values across their wider local authority areas. eXp UK analysed property values across 12 postcode districts home to major Army, Navy and RAF locations,…
Read More
Breaking News

Labour tax tirade hits UK with largest millionaire exodus of all global nations

The latest analysis from international property consultancy, Astons, reveals that the UK has seen the sharpest annual decline in its millionaire population of any country, a trend driven by sweeping tax hikes targeting high-net-worth individuals (HNWIs) – including increases to Capital Gains Tax, Inheritance Tax, and major reforms to the non-dom regime. As a result, more…
Read More
Breaking News

Breaking Property News 10/11/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   New conversational platform achieves $1.3M in ARR after only eight months of trading The next-generation conversational AI platform transforming property management, has announced that it now powers 25% of all Purpose-Built Student Accommodation (PBSA) beds in the UK – equal to 168,000 beds – just…
Read More