Rents increased by 1.2% in the UK in the year to April 2019 – PropertyWire

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Rents increased by 1.2% in the UK in the year to April 2019 Rents in the UK’s private rented sector increased by 1.2% in the 12 months to April 2019, unchanged from March 2019, according to the latest official figures.

The Consumer Price Index for United Kingdom is 107.9 for the month of May 2019.The inflation rate year over year is 2% (compared to 2.1% for the previous month). Inflation from April 2019 to May 2019 was 0.3%.

Factory gate prices of goods produced by the UK manufacturers increased 1.8% year-on-year in May of 2019, easing from a 2.1% rise in the prior month but slightly above market expectations of 1.7%. It is the lowest producer inflation since September of 2016, as cost slowed sharply for coke and refined petroleum products (0.4% from 3.5% in April).

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. a property in the UK now stands at £1,217, or £772 when London is excluded, according to the latest rental sector index to be published. Overall, the average rent for a property increased by 0.96%.

This was followed by the South West (2.0%), up from 1.7% in April 2019 and Yorkshire and The Humber (1.8%), unchanged since February 2019. The lowest annual rental price growth was in the North East, where prices increased by 0.5%, up from 0.4% in April 2019.

Although the annual rate of growth is down slightly on April’s 2.6% figure, rent price rises in the UK were led by England, where rents rose by 2.6% over the 12 months to May. scotland experienced rent price growth of 0.4% over the year, while prices remained flat in Wales.

Northern Ireland data have been copied forward since December 2018. and that the number of available rental properties does not decrease still further,’ she added. While rental growth rates across.

Average rents in the UK increased by 2% in the 12 months to April 2019, taking the average let to 936 a month, the latest lettings index shows. When London is excluded, the average rent in the UK increased by 1.8% year on year to an average of 775, while rents in London increased by [.]

UK house prices grew by 1.4% in the year to April 2019, down from 1.6% in the year to March 2019. On a non-seasonally adjusted basis, average house prices in the UK increased by 0.7% between March 2019 and April 2019, compared with a rise of 1.0% during the same period a year earlier (March 2018 and April 2018).

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