UK average rents are at their highest levels since 2014, reaching £996 – and marking the fifth consecutive month that the average price has increased, according to the latest analysis by Homelet.
April’s data revealed that when London is excluded, the average rent in the UK is now £853, showing an increase of 0.7% on last month, and an increase of 6.2% on last year. Nine of the twelve regions monitored by HomeLet showed a MOM increase in rental values between March 2021 and April 2021, with the North East seeing the largest increase of 2.4%.
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