Currently, the average void period across England is 16.8 days a year. With an average monthly rent of £940, equating to £31 per day, this means that void periods are currently costing landlords £518 per year.
On a regional level, the longest average void period is in the West Midlands where, so far in 2022, properties are empty for an average of 19.8 days of the year at a cost of £528.
In the East Midlands, the average void period is 18.3 at a cost of £457, followed by the North West where 17.4 void days come at a cost of £501 for landlords.
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