The Data Observatory
The NRLA Data Observatory is a collection of official and other well-established data sources which when combined, provide a narrative of the Private Rented Sector (PRS). The NRLA tracks approximately 45 key data sets which are updated monthly, quarterly and annually. A selection of these appear in these pages.
Our Deep Insight blog provides a regular extension of the analysis which appears here, as well as those datasets which are not published in the Data Observatory section of this website.
The blog pages also features blog posts from other organisations and academics to provide insight on the PRS. Here you can also find more in-depth summaries of our regular reports and surveys.
Regional PRS data
Table 1: Weekly rents (Median) across the regions
- Note the differential between rent levels in the London region and elsewhere – rents in London are twice the England average.
- The North East is the English region with the lowest median weekly rent – £105pw.
- Over the twelve months prior to the production of these statistics, rent growth (not shown) has been modest.
- The survey based measure used in this analysis matches the experience reported in the ONS price indices also covered in the Observatory. The two approaches confirm an overall pattern of rents and rental growth.
Table 2: Monthly rental price growth, September + October 2020
This chart shows the annual growth rate in the IPHRP for August & September across the English regions and in Wales.
- In England, the IPHRP fell back slightly to 1.4% growth year on year. That is rental prices in the sector – for both new and existing tenants – grew by an average of 1.4% in the twelve months to October 2020. This month’s data continues the pattern of 1.4%-1.5% pa growth pattern the all-England index has been in since October 2019.
- In Wales private rental price change grew to 1.6% per annum. This is the third consecutive month the index has risen. This continues the relatively strong growth in rental prices Wales has experienced in the latter half of 2020.
- The level of price growth in the South West has fallen slightly, but at 2.3%pa it remains strong. Rental price growth in this region has been over 2.0%pa for each month since May 2019. Price growth has accelerated further since January 2020 - since when year on year increases have not fallen below 2.3%pa.
- It is however the East Midlands which continues to see the strongest annual price growth across England and Wales. At 2.4%pa it too has fallen back slightly in October compared to September (2.6%pa) - but the East Midlands has now been recording price increases above 2.0%pa since October 2019.
- The third region in which rental prices fell back during October was London. London is the big story this month. Rental prices increased by just 0.9%pa in October- a dramatic fall in the rate of incerease compared to September (1.2%). Annual growth of 0.9%pa is the lowest seen in the capital since October 2019, the last time the London annual growth in rental prices was less than 1%.
- In the North East annual rental price growth increased to 1.2%pa for the twelve months to October. It is the third consecutive month annual renatal prices in this region have grown. In the North West, annual rental price increases have grown for four consective months.
Note that some of the data in this section is subject to updates and revision by UK statistical agencies. The NRLA may, or may not, update this secton as data is revised