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, Jan-Feb 2021
This chart shows the annual growth rate in the IPHRP for December & January across the English regions and in Wales. Following some weakness in January, there was something of a tick up across many regions in February: in January only in one region (North West) were annual price increases greater in than in the previous month. In February annual price increases were greater in five out the nine English regions.
- In England, the IPHRP remained at 1.3% growth year on year. That is, rental prices in the sector – for both new and existing tenants – grew by an average of 1.3% in the twelve months to February 2020.
- In Wales, private rental prices edged lower to 1.5% growth per annum after an increase to 1.6% in January. It has been a pattern of 1.5%-1.6% pa growth since September 2020.
- February continues the strong growth in rental prices which Wales has experienced recently. Rental price growth in Wales has been greater than growth in England since October 2020.
In the English regions:
- Price growth in the South West remains strong. In February rental prices grew 2.3%pa, up slightly from the 2.2% in January. Rental price growth in the South West has been over 2.0%pa for each and every month since May 2019.
- In the North East annual rental price growth rose to 1.4%pa. This is the highest level of growth this region has had since the initiation of coverage in January 2019.
- In Yorkshire & the Humber the level of price growth grew (from 1.4% to 1.6%pa in February) following three consecutive months of decline.
- In the North West there has been a steady improvement in annual growth rate since April 2020 when growth was just 0.9%pa. In January 2021 rental growth was at its highest level since coverage started. February saw an even higher level of rental growth - 1.9%pa.
- In the North West rental growth has exceeded the national average for the last four months. In February this gap was significant - 1.9%pa against the England average of 1.3%
- London rents grew by just 0.8%pa in February. Once again London was the region with the lowest level of annual price growth in England - this is the third successive month this has been the case. Price growth in London has been below 1.0%pa in four of the five most recent months.
- Rents in London continue to underperform the national benchmark. Rental prices in the capital have been below the national (England) growth average since January 2019. In the South East, the last time rental price growth exceeded the national average was in November 2019.
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