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Interactive: how much has rent gone up in your area?
In every region of England and Wales, rent has increased significantly in recent years, but some areas are up far more than others. (Update: with additional data requested by a reader.)
This interactive feature will not work on our mobile site – please visit our full site.
Update: Following a request from Prof Eman in the comments, we've downloaded data from the Office for National Statistics to allow us to compare average rent with average earnings, and with inflation. Select one of these options to draw different data on the chart in the top right:
A few points to note for those interested: the rental data is monthly, whereas the earnings data is quarterly. Neither dataset is seasonally adjusted. 'Earnings' includes salaries but not unearned income, benefits in kind or arrears of pay.
Earnings data is regional, but is unavailable for England & Wales where we've substituted data for the UK as a whole.
In every region of England and Wales, rent has increased significantly in recent years, but some areas are up far more than others. Watch the video for an intro, or...
England and Wales
The average rent in England and Wales is £713 a month – 3.5% higher than in August 2008Tweet this
Rents reach record highs
The cost of renting in the UK is rising at a frightening pace.
In September, for the first time ever, rents rose in every single region in England and Wales, with rents in six regions hitting an all-time high. The average rent is now at a record high of £718 a month, according to LSL Property Services – an increase of some £24 a month, or £288 a year, since last September.
London, perhaps unsurprisingly, remains the most expensive place to rent in England and Wales. With an average rent of £1,029, rent in London is some £283 higher than the in next most expensive region, the South East, and almost double that in the cheapest region, the North East, where rent is just £524 a month.
At 17.5%, London also boasts the highest rate of increase since its last low of £876 in February 2009. Not far behind, again, is the South East, where rents have increased by 16.2% since May 2009.
For anyone who thinks that only renters in the South need worry, however, it’s worth noting that rents in the North East, North West and Yorkshire and Humber have been rising steadily over the past two years or so.
Though, with respective rents of £524, £577 and £530 a month, they’ll get no sympathy from any southern renters – despite their larger average salaries. The North East is the only region in England where the average rent continued its relentless upward march through the 2008 recession.
To see how your region compares, click on the map above. And whether you’re a tenant, a landlord, or glad that you’re neither, please share your stories in the comments box below.
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