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Do you know the average rental prices in your area?

Average UK rents reached the highest levels since 2014 with a peak of £996, making it the fifth consecutive month that the price has increased*

When excluding London, data from April highlights that the average rent in the UK is now at £853, projecting a 0.7% increase on the previous month and an increase of 6.2% on last year.

Nine of the twelve regions showed a month-on-month increase in rental values between March 2021 and April 2021, with the North East seeing the highest increase of 2.4%.The South West saw the largest YOY rental value increase of 8.6% between April 20 and April 21.

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Do you know the average rental prices in your area?

Based on the average rental prices in Huddersfield, you could be generating:

One bedroom property:

£491 PCM

Two bedroom property:

£588 PCM

Three bedroom property:

£751 PCM

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We are still continuing to see strong demand from tenants.

As we gradually ease from protective measures rental prices could accelerate even further.

Furthermore, with the government taking steps to introduce shorter notice periods, reducing from six to four months from 1st June, landlords have time to prepare and safely regain possession.

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