Jump to content
House Price Crash Forum

October: Average Cost Of Renting Decreased By 4.6% Mom


Recommended Posts

Homelet.co.uk

'October 2013 headlines...

Divider%201.PNG

  • In October the average cost of renting a home in the UK decreased by 4.6% to £815 per month
  • However, UK rental amounts are still an average of 2.7% more than in October 2012
  • Every region, apart from the North East and Northern Ireland, saw a decrease in monthly rents during October 2013
  • The North East was home to the largest increase, after the average cost of renting a home in the region rose by 1.4% during October 2013 to £515 per month
  • When the Greater London figure is removed, the average cost of renting a home in the UK decreased by 3.4% during October 2013 to £672 per month
  • It is currently 90.9% more expensive to rent a home in the capital than the rest of the UK (when the Greater London figure is removed)'

I'm unsure of their methodolgy.

Link to post
Share on other sites

Homelet.co.uk

'October 2013 headlines...

Divider%201.PNG

  • In October the average cost of renting a home in the UK decreased by 4.6% to £815 per month
  • However, UK rental amounts are still an average of 2.7% more than in October 2012
  • Every region, apart from the North East and Northern Ireland, saw a decrease in monthly rents during October 2013
  • The North East was home to the largest increase, after the average cost of renting a home in the region rose by 1.4% during October 2013 to £515 per month
  • When the Greater London figure is removed, the average cost of renting a home in the UK decreased by 3.4% during October 2013 to £672 per month
  • It is currently 90.9% more expensive to rent a home in the capital than the rest of the UK (when the Greater London figure is removed)'

I'm unsure of their methodolgy.

What kind of home?

Link to post
Share on other sites

Gee at that rate the rents will be halved every 1.5 years...

It's a pretty hefty move.

'The HomeLet Rental Index Divider%201.PNG

Each month we release the HomeLet Rental Index. Our Rental Index shows rents agreed by letting agents rather than prices that are advertised on property portals. The HomeLet Rental Index also includes data on key tenant demographics to provide further insight to the market trends of the Private Rented Sector.'

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.