Statistics provided by Hamptons International/Countrywide Research
Rents grew by 1.6% in 2016 across Great Britain to reach an average of £927pm, the lowest annual increase for seven years and half the rate of 2015 (3.1%)
In London average rents ended the year 2.9% down on 2015 to stand at £1,246, £37 per month less than in December 2015
The rental market of 2016 was characterised by a reversal of trends. The average rent in Great Britain ended the year up 1.6% (table 1), half the rate of 2015 (3.1%) and the smallest annual increase for seven years.
Spare rooms have become a luxury in the rental market.
Tenants with a spare room
|Yorkshire and the Humber||40%||61%|