Rents increased across most parts of England and Wales between March and April, according to the latest Goodlord rental index.
Monthly rents increased from March April in six of the eight regions Goodlord monitors across England and Wales, with declines only in the North East and South West.
The figures from PropTech company reveal wide regional variations.
According to the index, the average rent in each region stands at:
London - £1,652pcm
South East - £1,009pcm
South West - £867pcm
East Midlands - £832pcm
North West - £774pcm
Wales - £770pcm
West Midlands - £699pcm
North East - £618pcm
The data also shows that landlords in London had the shortest void periods, at an average of just 12 days - while the capital also had the longest fixed term tenancies, at 14 months; this was a full two months longer than in the South East, which was region with the second longest tenancies.
Void periods continue to be longest in the West Midlands, with an average of 31 days
The North West and Wales were the most affordable regions for renters in April. Affordability is defined as a tenant’s yearly income divided by their yearly rent share. London and the South of England are still the most unaffordable regions for renters
Want to comment on this story? If so...if any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals on any basis, then the post may be deleted and the individual immediately banned from posting in future.