SpareRoom’s Rental Index Q3 2019
Data Summary
- Rents remain steady across the UK, up just 1% over the last year. This indicates that the recent tenancy fees ban hasn’t resulted in rental increases
- Northern Ireland is the cheapest place to rent in the UK, with average rents of £352
- The UK’s cheapest town is Galashiels in Scotland, with average rents coming in at £303 – followed by Northern Ireland’s Bangor (£318) and Craigavon (£320)
- Guernsey continues to outrank London as the most expensive place to live in the UK with rents of £796, compared to London’s average of £782
from here
The surprise is, of course, the last point. All the others are exactly what we would expect, despite all the wailing from letting agents.