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 – £100pw. 
  • Over the twelve months prior to the production of these statistics, rent growth (not shown) has been modest.

Table 2: Monthly rental price growth, Aug-Sep 2021

This chart shows the annual growth rate in the IPHRP for August & September across the English regions and in Wales. In September the CPI stood at 3.1%pa and the CPI(H) was 2.9%pa. No region experienced that level of rental growth in September. The regions with the highest growth were once again the South West and the East Midlands (both recording increases of 2.7%pa).

The 2.7%pa growth represents the largest increase since our coverage of the data set began in January 2019. It is the second consecutive month the East Midlands has recorded such a large annual increase. This is the 29th consecutive month the annual index has been over 2.0%pa in the South West region.  

Only in one region - the West Midlands - did the September annual increase in rental prices fall below the annual growth rate in August. 

The rapid growth (though remember this is still below inflation) in the North West's rental prices continues. In June 2020, the IPHRP stood at just 1.0%pa for this region - in September this was 2.3%pa. In the fifteen months since June 2020, the year on year index for the North West has risen on eleven occasions and has not fallen at all in this period.

Also notable is the leap in prices for the East of England. The index leapt from 2.0%pa to 2.3%pa - it really is unusual to see such a large leap. Regional price growth (indexed rather than annualised) in the East of England since January 2021 (1.9%) has been almost double that of England as a whole (1.0%). The East of England price increase since January is now equal to that of the South West.    

London landlords once again experienced a fall in rent levels compared to twelve months ago. This is the fifth consective month rent levels have fallen in the capital city.  There is some relief, in that the price fall (-0.3%pa) for the most recent twelve months is less than that of August (-0.4%pa).  Rents in London have fallen - also by -0.3% - since January. 

 

 

 

*Note the analysis rounds the data to 1 dp, the charts are based on full data from the ONS

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