Rental values are higher year-on-year except London

Rental values are higher year-on-year except London

In this short article we take a quick look at year-on-year rental figures

  • Rental values are significantly higher across all regions of the UK, except London, than they were a year ago. Excluding the capital, the average monthly rent is £853, up 6.2%.
  • A shortage of supply and growing demand is helping support rental values. New instructions were 9% lower in the first three months of 2021 compared to 2020 (TwentyCi).
  • Although London has seen an uptick in rents agreed in 2021, oversupply in the market has seen values fall by over 5% year-on-year.
  • Across the UK as a whole, annual growth is currently 2.9%. This is on par with projections for growth over the next year (RICS).
  • Source: Dataloft, HomeLet, April 2020

Get in touch with us

The True Cost of Overpricing: Why 'Testing the Market' Can Undermine Your Sale in 2026

In today's property market, the temptation to 'test the market' with an ambitious asking price can be strong if you're not in any particular hurry to sell. However, this strategy often backfires, costing vendors valuable time, credibility, and ultimately, money. Let's explore why.

CLICK HERE >

Why Pricing Matters More in Today’s Property Market

In May 2026, pricing strategy matters more than ever. With more homes on the market and buyers watching affordability closely, setting the right asking price can make all the difference to your next move.

CLICK HERE >

How to Buy with Confidence in 2026

Buying a home can feel easier when you know your budget, priorities and next steps. With mortgage costs still influencing decisions, preparation is one of the biggest advantages buyers have.

CLICK HERE >

What the Current Rental Market Means for Landlords

The rental market remains active in May 2026, but conditions are changing. Demand is still strong, rent growth has eased, and tenant expectations are rising. Here is what landlords should be thinking about now.

CLICK HERE >