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, May-June 2021

This chart shows the annual growth rate in the IPHRP for May and June across the English regions and in Wales. In June the CPI was 2.5% and the CPI(H) was 2.4%.  Only in the East/West Midlands and the South West was rental price growth equal to the CPI(H). 

However only in the North East did the annual growth rate fall* in June from May - here from 1.4%pa to 1.3%pa.   

In May growth was strongest in the East Midlands. In June the East Midlands was joined by the West Midlands as the location with the strongest level of rental price increase over the last twelve months (2.4%pa). The West Midlands has now had growth above 2% for the last three months. Since May 2020, rental growth in this region has been below 2.0% pa on just three occaisions - the first three months of 2021. 

In London, once again prices fell 0.1% (The chart seems to show a further fall in June compared to May. But when rounded, rental price growth was -0.1%pa in both May and June).  

In the North West rental prices remained relatively strong at 2.0%pa for June. This is now the strongest period for rental prices in this region since we began coverage of the data in January 2019.  

The figure for rental growth is again higher in Wales (1.5%pa) than in England (1.1%pa). It was August 2020 when rental growth was last higher in England than in Wales. Note however once London is stripped out of the figures, rental price inflation for England rises to 1.8%pa.

 

 

*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