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Average UK rents rise to £1,159 PCM

Every area of the UK saw rents rise during September, including a huge 2.5% rise in Greater London which helped to propel the average rent in the UK to £1,159 PCM – a 1.4% rise from last month.

According to the latest HomeLet Rental Index, excluding the capital, average rents across the UK now stand at £971 PCM, up by 1% since last month. The North-East saw the next largest monthly variance, with rents 2.4% higher than last month, up to £609 PCM

These latest figures are from data on actual achieved rental values for just-agreed tenancies arranged in the most recent period – providing an in-depth insight into the lettings market and what’s happening right now across the UK.

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