February’s Rental Index is now available to download.
According to last month’s figures, the average UK room rent was £579, up from £570 in January.
Whilst it’s a rise, it’s significantly cheaper than the average in London at £755.
So how have rents changed since last quarter and this time last year?
Rents in the Isle of White, Northampton, Barry, Sale and Dumfries have stayed constant since last quarter but the Isle of White (2%) and Northampton (1%) have seen steady annual rises.
Other areas, including Enfield (4%), Birmingham (5%), Livingston (5%) and Gravesend (6%), have seen more significant rent rises year on year.
Areas where room rents have fallen since February 2014 include Durham (1%), Keighley (2%), Glasgow (3%) and Loughborough (3%).
Are your rents in line with the market rate in your area?
Take a look – download the report here