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UK Rental Price Index(2018Q1)

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2018-05-10


Hackney asking rents increase by two thirds in 10 years


Over the past decade the cost of renting a two-bed home in Hackney has risen by 63% to £1,755 per month, making it the area with the biggest increase in asking rents across Great Britain


The growth compares with a 10 year average increase of 25% in London and of 16% nationally outside London to rent a two-bed home


Dartford records the highest growth outside London, up by 41% from £751 to £1,063 per month, with the rest of the top ten dominated by other areas of Kent and Hertfordshire, plus Dundee and Edinburgh


Rightmove also reveals the cheapest places to rent a two-bed home in each region, with areas including Barnsley, Stoke-on-Trent and Kilmarnock all with asking rents of under £500 per month


So far in 2018 asking rents for all property types have risen by 0.9% outside London compared to this time last year, and have fallen by 0.1% in the capital