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English rents hit £1,104, year high

Average rents in England hit their highest level for the year coming in at £1,104 per property, according to Goodlord.

The lettings platform adds that rents rose 6.9% higher than a year ago, despite price falls in some areas, and that voids inched up compared to August, but remain much lower than annual averages.

Its September Rental Index says: “The data therefore points to a very slight cooling of demand during September compared to the lettings frenzy seen throughout the summer, but overall paints a picture of a much stronger rental market than seen at the same time last year.”

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