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The average rent in East England is £930 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2020 and September 2021. Between the years ending September 2020 and September 2021, average rents in East England grew by £82. Compare average rent by area.
East England's average rent of £930 is £32 higher than the £898 average rent in England. East England is the 3rd most expensive region (of 9 total) based on average rent price.
The average rent growth rate in East England between the years ending September 2020 and September 2021 was 9.7%. If rents continue to grow at this rate, average rents will reach £1,345 by 2025.
The average cost of rent in East England varies depending on property type, prices start at £487 for a single room and rise to £1,553 for a house with four or more bedrooms.
Rental data for East England is based on a sample that may change over time. Some differences in trends may be due to changes in the sample rather than true changes in the rental market.
Within each property type, rent price can vary depending on variables such as property size and condition of fittings. For example, the lower quartile rent for two bed flats in East England is £700, increasing to £1,000 for the upper quartile rent.
Based on the 59,650 properties surveyed, the most common type of rental property within East England is 2 beds, which account for 41.0% of properties. In England, the most common type of property is 2 bed flats, which account for 42.1% of the rental market stock.
The least commonly available type of rental property is Studios, which account for 2.1% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.
East England House Prices
East England Economy
East England Salary
The cheapest rents in East England are found in Peterborough, where the average cost of rent is £717. In the past year, rents have changed by 7.3% in Peterborough (compared to 9.7% in East England)
Rank | Area | Average Rent | YoY change in average Rent |
---|---|---|---|
1 | Peterborough Unitary Authority | £717 | 7.3% |
2 | Norfolk County | £744 | 4.1% |
3 | Suffolk County | £762 | 4.7% |
4 | Bedford Unitary Authority | £837 | 0.2% |
5 | Luton Unitary Authority | £837 | 3.7% |
The most expensive rents in East England are found in Hertfordshire, where the average cost of rent is £1,165. In the past year, rents have changed by 8.3% in Hertfordshire (compared to 9.7% in East England)
Rank | Area | Average Rent | YoY CHANGE in AVERAGE Rent |
---|---|---|---|
1 | Hertfordshire County | £1,165 | 8.3% |
2 | Cambridgeshire County | £1,031 | 10.7% |
3 | Essex County | £1,010 | 7.0% |
4 | Thurrock Unitary Authority | £981 | -1.6% |
5 | Central Bedfordshire Unitary Authority | £954 | 6.5% |
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics