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Home page / UK news / The UK's July rent report is released, the school season is approaching, and rents continue to grow...

The UK's July rent report is released, the school season is approaching, and rents continue to grow...

Today, Lan Shajun will take you to look at the rental information report in the UK and London in July.How much does it cost to rent a house in London today?Lan Shajun lets the information speak for itself.In the July rental report released by Homelet, a British real estate agency, the summary summary...

Today Lan Shajun will take you to look at the rental information in the UK and London7monthReport .

How much does it cost to rent a house in London today?Lan Shajun lets the information speak for itself.

UK Real Estate AgencyHomelet#{ In the 7 monthly rent report released by 28}, three key information are summarized:

1. As of 2023year# In {48}7, the average monthly rent in London was 2109 pounds, which is approximately 1.96# {57} million RMB.

2. In the past year (#{69 }2022year7month-2023#{80 }The average rent in London increased by 12.9% in July 2020.



3. The areas with the biggest annual rent increases of all London areas are Barking, Dagenham and Havering , the annual increase is 21.2%.

Looking at the past five years in London, the fastest growing area is still the West Westminster in London (Westminster ��Special), an increase of 45.6% in five years.

#{ 16}

According to information from Homelet, London7# {27}Monthly rent comparison6The monthly rent increased slightly1.5%, but the annual increase was Up to 12.9%.



It is worth mentioning that even the average in London Rentals have been significantly ahead of other regions in the UK, but their monthly and annual rental growth rates are still rising.



#{ 62}

According to the above legend, it can be found that the area with the fastest annual rental growth is Scotland (including cities such as Glasgow and Edinburgh). Annual increase15.8%, latest average monthly rent973 pounds (approximately RMB 9050yuan).



The region with the slowest annual growth rate is Northern Ireland Region (including Belfast and other cities), annual rent increase6.4%, latest average monthly rent826# {97} pounds (approximately RMB7681 yuan).



Looking at various regions in the UK over the past year (# {112} 2022year7month-2023 Compared with other regions in the UK, the rental trend in 7 month), although the annual increase in rents in London has fluctuated, it has remained at #{ 16}10% or more, and leading other regions.

See again According to data from all over the UK, as of 20237, the average rent in the UK is # per month {39}1243 The pound has increased by 10.3% compared with the same period last year, and has increased compared with the same period last month. 1.1%1.1%.

But it is worth noting that the average rent in the UK is per month# {60}1243 pounds, but excluding London, the average rent in the UK dropped to 1027 pounds per month, showing London’s Rents have significantly pushed up average rents in the UK.

Lan Shajun will then show you how much the rent is in various areas of London. Woolen cloth?We focus on selecting a few key areas to share with you!

*The increase is equal to #{ Compared with the average monthly rent in 86}20227, the data comes from Homelet#{95 }

West London, which occupies the top spot Area —— Westminster (Westminster), average monthly rent: #{ 8}3360 pounds.The increase is 12.5%.



#{ 28}

A wealthy area in West London, where many luxury homes are located—— Hammersmith, Fulham, Kensington and Chelsea&Hammersmith, Fulham, Kensington andChelsea#{ 45}); Average monthly rent: 2653 pounds.The increase was 9.9%.



#{ 66}

Central London——Camden, City of London (Camden, City of London); Average monthly rent: 2478 pounds.The increase is 12%.

East London is developing rapidly, with Tower Hamlets at Canary Wharf. (Tower Hamlets); Average monthly rent: 2250 pounds.The increase was 11.4%.

# {8}The Royal Borough of South East London——Bexley& Greenwich ( Bexley and Greenwich); average monthly rent: 1726 £. 8%

You can follow The area of ​​London schools is divided into, let’s estimate the housing rent situation you may face during school time!

#{ 44}For detailed information, please refer to the picture below

As shown below, the annual rental growth rate in London The top five regions are:



Bajin, Dagenham and Havering (Barking, Dagenham and Havering), Lewisham and Southwark (Lewisham and Southwark ), Croydon (Croydon), Ealing (Ealing ) and Lambeth (Lambeth).

#{ 88 }

The report also released data showing that due to rising rents, British tenants need to pay an average of 32.1%# of their income. { 94} Used to pay rent

On average, renters in London need to spend 38.2% on rent.

After reading this report, Lan Shajun found that although British house prices have increased in recent months, There has been a slight decline, but house rents have continued to rise.



#{ 21} Especially the rent in London is already expensive, and the upward trend has been very strong, which has also made many London drift#{ 28}”It’s miserable.



#{39 }On the other hand, as the first day of school approaches, international students are gradually"entering" In the UK, especially in a city like London, which is full of institutions of higher learning, it is now , and statistics on renting houses are still being collected this month. , when the 9 month 8 month rental report is released, we may see The rental market will see greater growth in the future. In the next few months, Lanshajun will continue to pay attention to the relevant information of British rents and submit the report analysis as soon as possible!