Cost of renting predicted to surge by as much as £1,500 in the next year📈📅

Cost of renting predicted to surge by as much as £1,500 in the next year📈📅

Following a highly challenging pandemic period, the UK rental market is back on track with the latest data showing that the average UK tenant is now paying £12,936 per year for a rental property.

However, according to research from rental platform, Ocasa, in just 12 months, the average UK tenant could be paying £800 more a year in rent.
This annual cost of renting has already climbed by £1,032 since this time last year and Ocasa predicts that it could increase by a further £803 over the next 12 months. This means the average tenant would be required to pay £13,739 a year to rent a home. To continue reading, please Click Here


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This superbly presented 4-bed detached family home in Attleborough offers modern, comfortable living. Including dual-aspect lounge with ornamental fireplace, versatile dining/study, spacious kitchen/breakfast room with twin doors to the garden, dual-aspect master with en suite, family bathroom, garage, driveway, and enclosed rear garden.

Fresh market insights reveal that homes are still taking longer to sell, with many remaining unsold. This shift highlights how crucial realistic pricing is from the start. Properties priced correctly attract more interest and sell faster, avoiding price cuts and the frustration of lingering on the market.

Three-bedroom homes remain the heartbeat of the local market, attracting everyone from families to downsizers. Their popularity shapes demand, pricing, and selling speed across Attleborough. Understanding where these homes are most common can offer valuable insight for buyers, sellers, and anyone planning their next move.

Over the past three years, the number of homes for sale has surged dramatically, far outpacing the national rise. Yet, despite the increase, supply remains tighter than in past downturns. With more choice for buyers, success now depends on smart, realistic pricing that stands out in a competitive market.