Tag: ONS Rent Prices
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ONS Price Index of Private Rents (PIPR) – September 2024
Property prices might be slowing down, but rents are still shooting up across the UK, spelling good news for landlords and investors. Despite house prices cooling off, the latest figures from the ONS show that rental demand is still red hot. This means that if you’re thinking about becoming a landlord or expanding your property…
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ONS Price Index of Private Rents (PIPR) – August 2024
New figures from the ONS reveal that private rents in the UK have risen strongly again, let’s dive into the details: Record-Breaking Rent Increases The average UK private rent surged by a staggering 8.4% in the year leading up to August 2024. While this is slightly down from the 8.6% increase in July, it’s still…
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ONS Price Index of Private Rents (PIPR) – July 2024
Rents are still going up across the UK. But with tenant demand slowing and fewer properties coming onto the market, is this about to change? Read on for the facts and figures every landlord needs to know. UK Rent Prices Still Climbing in 2024 The latest figures from the ONS show that renting out your…
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ONS Price Index of Private Rents (PIPR) – June 2024
The latest figures from the ONS’ Price Index of Private Rents (PIPR) are in, and while they show a slight slowdown in rent growth, it’s not exactly cause for panic just yet. Rent Increases Still a Reality The average private rent in the UK jumped by a hefty 8.6% in the year leading up to…
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ONS Price Index of Private Rents (PIPR) – May 2024
Rents are still rising across the UK, but there are signs that the pace of increases is slowing down, giving landlords and potential investors plenty to think about. The latest figures show that the average rent across the UK went up by 8.7% in the year to May 2024. This means that if you were…
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UK Housing Market Springs Back – Prices and Rents on the Rise!
The recent data released by the Office for National Statistics (ONS) has shed light on the state of the UK housing market, revealing some significant trends in house prices and rental costs. After a period of decline, the UK housing market has shown signs of recovery with an average increase of 1.8% in house prices…
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ONS Price Index of Private Rents (PIPR) – April 2024
The Office for National Statistics (ONS) has released its latest data on private rent prices across the UK for April 2024, providing a comprehensive overview of the current rental market. Here’s a breakdown of the key points from the report. UK Rent Trends According to the latest data from the Office for National Statistics (ONS) for May…
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ONS Price Index of Private Rents (PIPR) – April 2024
The Office for National Statistics (ONS) has released its latest data on private rent prices across the UK for April 2024, providing a comprehensive overview of the current rental market. Here’s a breakdown of the key points from the report, helping renters and investors understand the trends and what they might mean for the future.…
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ONS Price Index of Private Rents (PIPR) – March 2024
The ONS published their new monthly index, the Price Index of Private Rents (PIPR) for March 2024. Here’s our summary. Overall, renters are facing a significant challenge as private rental prices continue to climb. The provisional estimate has unveiled a 9.0% increase in average UK private rents over the 12 months leading up to February 2024.…
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ONS Private Rental Prices – January 2024
The ONS published their monthly index of Private Rental Prices for January 2024. Here’s our summary. The beginning of 2024 has seen a significant spike in private rental prices, affecting tenants from England to Scotland, and Wales to Northern Ireland. As of January 2024, the UK has witnessed a substantial 6.2% rise in private rental…