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, October & November 2021
This chart shows the annual growth rate in the IPHRP for October & November across the English regions and in Wales. In November the CPI stood at 5.1%pa and the CPI(H) was 4.6%pa. No region has experienced that level of rental growth. The regions with the highest growth were once again the South West and the East Midlands, each of these regions had annual rental price growth of 3.1%pa. The last time a region recorded this level of annual growth was the South East (3.1%pa growth) in April 2017.
This is the 31st consecutive month the annual index has been over 2.0%pa in the South West region.
In eight out of nine English regions, annual rental prices increased in November compared to October - reflecting growing inflationary pressures in the wider economy. In several regions growth is rapid. The West Midlands for example experienced rental growth rises from 2.2%pa in October to 2.6%pa in November. The East of England is another region which has seen rapid price rises - the IPHRP here has risen from 2.6%pa to 3.0%pa.
The 'ninth English region' is London. The weak growth the capital experienced last month turned out to be...weak! Price growth in London was again negative: in six out of the last seven months, the index of rental house prices has been negative. 2021 has been a miserable time for London's landlords. The index of rental prices has fallen -0.2% since January at a time when the CPI has gown 5.0%.
In England as a whole, rental prices increased to 1.6%pa - the same as Wales where prices surged in November compared to October (1.2%pa growth). Once London is excluded from the analysis, rental prices in England are at 2.6%pa growth. This is the highest increase since December 2016 (also 2.6%pa). The last time rental prices across England (excl London) grew more quickly year-on-year was December 2008 (2.7%pa growth).
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