Regional Level Rental Index Summary

  • For the first time since April 2021 the monthly rental price change for London is the lowest of all regions at 0.22%. All monthly changes appear to have been decreasing since August 2023 and in London since August 2022. London is no longer the region with the highest annual change either, this is now the West Midlands with 7.11%.
  • There are two geographies with negative changes this month which are Scotland >3 beds and West Midlands studio flats. All other monthly change are positive.
  • Wales is the region with the highest monthly change with 0.53% and its close behind West Midlands as the region with the second highest annual changes of 7.03%.