Tag Archives: average
Rent gap between London and rest of UK narrows
Residential rents outside London have risen faster than in the capital for the first time since 2010 with the gap steadily growing over the last five years, new research shows. The average London rent fell 0.7% year on year on November, the sharpest fall since October 2010 but it still some 60% higher than in […] The post Rent gap between London and rest of UK narrows appeared first on PropertyWire . Continue reading →
Value of homes in UK up 51% or £1.9 trillion since 2006
The total value of privately owned residential properties the UK has grown to over £5.5 trillion for the first time, according to new research. In the last 10 years the total value has increased by 51% or £1.9 trillion to an estimated £5.6 trillion, a rise that has comfortably out-paced the retail price index, which […] The post Value of homes in UK up 51% or £1.9 trillion since 2006 appeared first on PropertyWire . Continue reading →
Prime property rents in central London more affordable, latest report shows
Higher activity levels in the prime rental property market in central London have put downwards pressure on rental values, which has boosted affordability for tenants, according to the latest analysis. It mean that the negotiation position of tenants in this lettings sector has strengthened over the course of this year and the number of tenancies […] The post Prime property rents in central London more affordable, latest report shows appeared first on PropertyWire . Continue reading →