Wales' rent prices fall slightly amidst UK's growing trend
Rent in Wales has decreased slightly according to new research.
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Rent in Wales has decreased slightly according to new research.
Since October, the average rent has fallen from a high of £1,283 a month to £1,260 a month. This follows three years of dramatic rises.
UK rents eased by 0.6% in January to an average of £1,260 per month, the third monthly fall in a row, according to HomeLet. This fall, which comes after a 0.9% reduction in prices in December, which saw rents falling by the largest amount since October 2020, says the letting agent’s latest rental Index. But over
Rents fell by 0.9% to an average of £1,268 last month, but “this will only provide the slightest breathing space in what continues to be a tough market,” according to data from HomeLet. Tenant housing costs were down in all UK regions in the month to December, with the exception of the East Midlands, which saw
Glimmer of hope as regional monthly rates decreased by -0.2%