Private Rent & House Prices - UK: April 2025
A lot of discussion has been around the way in which the Renters’ Rights Bill is dealing with rent increases, challenging rent increases and the role of the FTT. A useful resource for all stakeholders is the Office of National Statistics.
The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation.
Average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March 2025 (provisional estimate); this annual growth rate is down from 8.1% in the 12 months to February 2025.
Average rents increased to £1,386 (7.8%) in England, £792 (8.9%) in Wales, and £1,001 (5.7%) in Scotland, in the 12 months to March 2025.
In Northern Ireland, average rents increased to £838 (8.2%) in the 12 months to January 2025.
In England, private rents annual inflation was highest in the North East (9.4%) and lowest in Yorkshire and The Humber (4.6%), in the 12 months to March 2025.
Average UK house prices increased by 5.4%, to £268,000, in the 12 months to February 2025 (provisional estimate); this annual growth rate is up from 4.8% in the 12 months to January 2025.
Average house prices increased to £292,000 (5.3%) in England, £207,000 (4.1%) in Wales, and £186,000 (5.7%) in Scotland, in the 12 months to February 2025.
From the March 2025 release onwards, the Price Index of Private Rents (PIPR) covers the UK, which enables us to produce average rent levels for Northern Ireland and the UK. Read more in Section 10: Data sources and quality.
UK Private Rent and House Prices
Average UK monthly private rents increased by 7.7% in the 12 months to March 2025 (provisional estimate). This was down from 8.1% in the 12 months to February 2025 and was below the record-high annual rise of 9.1% in March 2024.
Average UK house prices increased by 5.4% (provisional estimate), to £268,000, in the 12 months to February 2025. This annual growth was up from 4.8% in the 12 months to January 2025. Annual inflation has been generally increasing since its recent low point of negative 2.7% in the 12 months to December 2023.
HM Land Registry publishes the full UK House Price Index report and monthly data.
Our new local housing statistics tool summarises the latest private rents and house price statistics for local areas.
Although they are still lower than they have been historically, the total transaction volumes and new build volumes available to calculate UK House Price Index (HPI) estimates have increased recently.
UK monthly rents estimates for the latest two months, and UK HPI estimates for the latest 12 months, are provisional and subject to revision (see Section 10: Data sources and quality). All statistics are non-seasonally adjusted estimates, unless stated otherwise.