New reseach shows that there are wide variations in the growth, or loss, of rental values across the UK. According to the website spareroom.co.uk rental values grew by as much as 11.3% and fell by as much as 13.5% over the last 12 months.
The town with the biggest growth was Stoke on Trent and the biggest fall was in Sunderland. What the research does show is a wide variation not just nationally but also locally. Average room rents in the north of England rose by 1.5% but only rose by 0.6% in the south.
The Top 10 biggest increases were:
Stoke on Trent | +11.3% |
Telford | +10.8% |
Oldham | +9.9% |
Belfast | +9.7% |
Hull | +9.5% |
Blackpool | +6.6% |
Darlington | +5.3% |
Glasgow | +5.1% |
Ipswich | +5.0% |
Blackburn | +4.1% |
The 10 biggest falls were:
Sunderland | -13.5% |
Harrogate | -8.4% |
Perth | -7.1% |
Newport | -6.3% |
Wigan | -5.3% |
Doncaster | -5.2% |
Preston | -5.0% |
Crewe | -4.7% |
Wakefield | -4.0% |
Liverpool | -3.9% |