SpareRoom reveals rising rents throughout the UK and London
Findings from SpareRoom’s Q2 2019 Rental Index – a comprehensive overview of the UK flatshare market using data from over 300,000 ads – have been revealed today.
The average UK room rent has increased by 2% (£603) compared to this time last year. Over the same period London room rents are up 4% (£777), increasing by an average of £33 per month.
The most expensive vs cheapest places to live in London and the UK are revealed below:
10 most expensive areas to flatshare in London
St Paul’s (£1,361)
South Kensington/Knightsbridge (£1,180)
Strand/Holborn (£1,156)
Holland Park (£1,146)
Westminster / Belgravia / Pimlico (£1,086)
Aldgate (£1,078)
West End / Soho (£1,074)
Chelsea (£1,071)
Bloomsbury / High Holborn (£1,065)
Earl’s Court / West Brompton (£1,042)
10 cheapest areas to flatshare in London
Abbey Wood (£531)
Catford (£544)
Eltham (£562)
Manor Park (£562)
Lee (£565)
Thamesmead (£566)
Penge (£569)
Lower Edmonton (£571)
Forest Gate (£573)
Plaistow (£574)
10 most expensive areas to flatshare in the UK (excluding London)
Jersey (£900)
Guernsey (£858)
Esher (£826)
Twickenham (£679)
Kingston upon Thames (£648)
Barnet (£615)
Guildford (£611)
Epsom (£609)
St Albans (£607)
Croydon (£605)
10 cheapest areas to flatshare in the UK (excluding London)
Bangor (£308)
South Shields (£336)
Londonderry (£336)
Newtownabbey (£337)
Lisburn (£337)
Dewsbury (£337)
Bradford (£338)
Craigavon- incl Lurgan & Portadown (£339)
Sunderland (£339)
Darlington (£340)