Slower rate of rental growth for average UK rents compared to last year says Homelet
February 3, 2017
Data from the latest Homelet Rental Index January 2017 reveals that average rents in the UK continue to see a slower rate of rental growth compared to last year.
The average UK rental value was £888pcm, compared to the same period last year that is an increase of 0.7% (£882pcm). In January UK household rent to income ratio was 28.4%.
In the report they also state: In January 2017 average rental values in London (£1,497) were 68.5% higher than the UK (£888) and that the gap between London and the rest of the UK was comparable to January 2016 (69%) and higher than January 2015 (66.3%).
Read the Homelet Rental Index January 2017 report in full including data click here
You May Also Enjoy
5 Practical Examples: This is How AI is Changing Real Estate
There does not appear to be a single industry that is likely to be immune from the impact of AI. Therefore, it is no surprise to learn that seismic changes are happening in the world of real estate, thanks to the increasing influence of artificial intelligence. From using the technology to identify ways to save…
Read More 
Overheating moves up the housing agenda
441,000 rental homes fail thermal comfort standards The latest analysis from Inventory Base has found that an estimated 441,000 private rented homes in England failed thermal comfort standards in 2024, accounting for 40.3% of all non-decent private rental properties, as major reforms to the Housing Health and Safety Rating System (HHSRS) came into force on…
Read More 
Annual house price growth slows in June
The latest Nationwide House Price Index for June 2026 shows that: House prices fell by -0.0% between May 2026 and June 2026. Annual house price growth increased to 2.2% in June 2026, up from 1.7% in May 2026. The average UK house price for June 2026 now stands at £277,484, down slightly from £278,024 in…
Read More 
Nationwide House Price Index May 2026
UK annual house price growth picked up to 3.0% in April, from 2.2% in March House prices were up 0.4% month on month Headlines Apr-26 Mar-26 Monthly Index* 554.8 552.7 Monthly Change* 0.4% 0.9% Annual Change 3.0% 2.2% Average Price (not seasonally adjusted) £278,880 £277,186 * Seasonally adjusted figure (note that monthly % changes are…
Read More 
Breaking Property News 30/6/26
Daily bite-sized proptech and property news in partnership with Proptech-X. 8% of commercial real estate investors and owners have started AI pilots – the reasons why most fail Only 5% of CRE operators achieve most of their AI program goals According to JLL’s 2025 Global Real Estate Technology Survey of more than 1,500 senior…
Read More 
What the average asking price buys across Great Britain
New analysis from the UK’s largest property platform Rightmove reveals what buyers can get for the current average asking price of a home, at approximately £378,000 The analysis shows that in some areas, buyers can find five-bedroom homes for around the national average asking price, whereas in other areas it is only a flat or studio that buyers can afford There are clear…
Read More