Rent levels pass new high despite reforms hurting growth

Rent levels pass new high despite reforms hurting growth

With the Renters Rights Act now law for over a month, a new analysis shows rental growth remaining muted – but outside of London, a new threshold has been passed.

That’s the view of lettings agency Hamptons, which has analysed data from across the Connells Group of agency brands.

The average price of a newly agreed let in Great Britain rose 1.1% over the year to May 2025, down from 1.2% April.  

This leaves the average rent paid by a tenant moving into a property at £1,382 per month across Great Britain.

Regionally, the average rent in the South East of England reached £1,500 per month in May, up 2.0% on the same period last year.  

This is the first time any region outside London has seen rents reach the £1,500 per month mark.

London rents, by comparison, currently stand at £2,294 pcm, having last been at £1,500 per month in June 2012.

RegionNew lets
All tenants

Average monthly rentYoY change %Average monthly rentAverage rent change %
Greater London£2,2940.6%£2,3744.9%
Inner London£2,6691.5%£2,8434.4%
Outer London£1,995-0.2%£2,0295.3%
South£1,3641.2%£1,3455.4%
East of England£1,2250.3%£1,3755.2%
South East£1,5002.0%£1,4235.5%
South West£1,2650.9%£1,1965.3%
Midlands£1,0511.1%£1,0125.8%
East Midlands£987-0.9%£9595.3%
West Midlands£1,1072.6%£1,0596.2%
North£9711.9%£9355.4%
North East£8563.8%£8325.1%
North West£1,0421.8%£9975.9%
Yorkshire & Humber£9271.4%£8984.9%
Wales£8871.1%£8445.8%
Scotland£1,0290.6%£9527.7%
Great Britain£1,3821.1%£1,3755.4%
Great Britain (Ex London)£1,1481.4%£1,1195.5%

This article is taken from Landlord Today