The average rent in the private rental market in England increased by close to nine percent year-on-year as of July 2024. The Index of Private Housing Rental Prices measures the change in the price of renting residential property from private landlords, based on an index value of 100 in January 2023. In July 2024, the index value amounted to 113.1 index point, suggesting an increase of over 13 percent since the baseline year.
Price Index of Private Rents (PIPR) and year-on-year percentage change in England from January 2015 to July 2024
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Office for National Statistics (UK). (August 14, 2024). Price Index of Private Rents (PIPR) and year-on-year percentage change in England from January 2015 to July 2024 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/285703/england-monthly-index-of-private-housing-rental-prices-iphrp/
Office for National Statistics (UK). "Price Index of Private Rents (PIPR) and year-on-year percentage change in England from January 2015 to July 2024." Chart. August 14, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/285703/england-monthly-index-of-private-housing-rental-prices-iphrp/
Office for National Statistics (UK). (2024). Price Index of Private Rents (PIPR) and year-on-year percentage change in England from January 2015 to July 2024. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/285703/england-monthly-index-of-private-housing-rental-prices-iphrp/
Office for National Statistics (UK). "Price Index of Private Rents (Pipr) and Year-on-year Percentage Change in England from January 2015 to July 2024." Statista, Statista Inc., 14 Aug 2024, https://www.statista.com/statistics/285703/england-monthly-index-of-private-housing-rental-prices-iphrp/
Office for National Statistics (UK), Price Index of Private Rents (PIPR) and year-on-year percentage change in England from January 2015 to July 2024 Statista, https://www.statista.com/statistics/285703/england-monthly-index-of-private-housing-rental-prices-iphrp/ (last visited December 22, 2024)
Price Index of Private Rents (PIPR) and year-on-year percentage change in England from January 2015 to July 2024 [Graph], Office for National Statistics (UK), August 14, 2024. [Online]. Available: https://www.statista.com/statistics/285703/england-monthly-index-of-private-housing-rental-prices-iphrp/