The average UK monthly rent is now £924 according to Homelet
July 20, 2018
The latest Homelet Rental Index report – June 2018 reveals that average rents across the UK rose by 1.8% in June 2018 when compared to the same month a year previously, the average monthly rent is now £924.
Rents in London increased by 4.7% in June 2018 than in the same month of 2017, the average rent in the capital now stands at £1596 a month according to Homelet. When London is excluded, the average UK rental value was £767 in June 2018, this is 1.3% on last year.
The report states that HomeLet’s June Rental Index reveals that rents rose in 10 out of the 12 regions covered in the research.
Read the Homelet Rental Index report – June 2018 in full click here.
You May Also Enjoy
The Future of Urban Real Estate: Trends and Predictions for 2026
Affordability pressures, hybrid work arrangements, and steep borrowing costs are heavy influences on urban real estate for 2026. We’re seeing an increase in mixed-use development and a renewed focus from investors on markets with a steady demand. Markets that can balance housing access, transportation, lifestyle amenities, and flexible workplaces will come out on top. Major…
Read More 
London’s prime residential market isn’t falling — it’s repricing
By Daniel Austin, CEO and co-founder at ASK Partners London’s prime residential market has looked subdued by global standards, but framing current conditions as a decline overlooks the more important underlying dynamic. The market is undergoing structural repricing driven by higher interest rates, shifting tax policy and a more volatile geopolitical environment. This is not…
Read More 
Foxtons Lettings Market Index – April 2026
Market activity strengthens with applicant demand recovering and supply remaining ahead of last year After the implementation of the Renters’ Rights Act, April provides the final snapshot of market conditions ahead of implementation, offering a clear benchmark for how the sector is positioned entering this new regulatory environment. The lettings market strengthened through the…
Read More 
Five hidden costs catching home buyers out
FIVE hidden costs that’re catching home buyers out, AFTER they put their offer in, says expert • Buyers often focus on deposits and mortgages, but overlook thousands in extra costs • Delays, surveys and legal fees can quickly inflate budgets • Unexpected gaps in funding are becoming increasingly common A lot of home buyers think…
Read More 
Housing Insight Report: March 2026
Buyer activity and sales agreed picked up this month as the housing market entered the spring season, with increased stock levels giving consumers more choice despite ongoing affordability pressures. Meanwhile, the rental market remained highly competitive, as tenant demand continued to outstrip supply and concerns over future regulation weighed on landlord confidence. Sales 1. The…
Read More 
Renters’ Rights Act risks leaving the tenants it set out to protect with fewer options
Fewer than a third of landlords are fully aware that the Renters’ Rights Act bans advance rent payments of more than one month, according to new research from LRG. The survey of 650 landlords and tenants across England and Wales found that 43% know the rules have changed but remain uncertain of the details, while…
Read More