The Great Rent Divide - Rental Prices on the increase

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The Great Rent Divide

08 Mar 2016 –– Community News
The Great Rent Divide

Studies show you can get a one bed flat share in London, or a three bed terraced house in Manchester for the same price.

Renters can get a spacious three-bedroom house in Manchester or a tiny room in a London flat share for the SAME PRICE, according to new research.

The average UK rental value excluding London was £740 per month in January 2016 - 5.5 per cent higher than the same time last year, at £702 per month.

And now research from StoreFirst.com has shown the amazing variation in what renters can get for £800 or less in the UK's 10 biggest cities.

The worst value area in the UK is London where £800 will only get you a tiny room in a flat share in Whitechapel.

London also has the highest average rent in the UK at £1,510 per month.

In Manchester you could get a roomy three-bedroom terraced house with a cleaner for £795 or a two-bedroom apartment for £800 per month.

In Birmingham renters can get a furnished two-bedroom terraced house with two reception rooms for £800 per month or a two-bedroom apartment with parking for £725.

A renter in Leeds with a £650 budget can get a two bedroom apartment in the city centre with a Juliet balcony.

In Bradford you could get a three-bedroom semi-detached house with a garden and parking for two cars for £800 or a four-bedroom detached house with parking, a double garage, an en-suite shower and a breakfast bar for £750.

Prospective renters in Edinburgh can get a two-bedroom flat with a communal garden for £799 per month.

In Liverpool £800 gets you a two-bedroom duplex apartment or a four-bedroom terraced house with a garden for just £725.

Renters in Glasgow can get a two-bedroom semi-detached house for just £750 or a three-bedroom house with a garden for £700 per month.

In Bristol you can get a two-bedroom flat with a separate utility area for just £750.

By far the best value was Sheffield where you can rent a three-bed terraced house for £675 or a two-bedroom unfurnished house for £495.

After London, the most expensive area in the UK for renters is the South East of England with an average rent of £933 per month.

The three cheapest areas in the UK are the North East of England at £528, Northern Ireland at £582 and Wales at £595.

The cheapest London borough is Havering with an average rent of £1,161 per month and the most expensive is Kensington and Chelsea with an average rent of £2,720.

CITYSIZEPRICE(£)EXTRA INFO
LONDON1-BED FLAT SHARE800FURNISHED - WIFI INCLUDED
LONDON1-BED FLAT SHARE793FURNISHED
BIRMINGHAM2-BED TERRACED HOUSE800FURNISHED - 2 RECEPTION ROOMS
BIRMINGHAM2-BED APARTMENT725FURNISHED - PARKING
LEEDS3-BED HOUSE650UNFURNISHED - GARDEN
LEEDS2-BED APARTMENT795FURNISHED - JULIET BALCONY
GLASGOW2-BED SEMI-DETACHED750FURNISHED
GLASGOW3-BED HOUSE700FURNISHED – GARDEN
SHEFFIELD2-BED HOUSE495UNFURNISHED
SHEFFIELD3-BED HOUSE675UNFURNISHED - PARKING
BRADFORD3-BED SEMI-DETACHED800UNFURNISHED - GARDEN
BRADFORD4-BED DETACHED HOUSE750UNFURNISHED - GARDEN - GARAGE
EDINBURGH2-BED FLAT799FURNISHED - GARAGE - PARKING
EDINBURGH2-BED FLAT775FURNISHED - COMMUNAL GARDEN
LIVERPOOL2-BED DUPLEX APARTMENT800UNFURNISHED
LIVERPOOL4-BED TERRACED HOUSE725UNFURNISHED - GARDEN
MANCHESTER2-BED APARTMENT800FURNISHED
MANCHESTER3-BED TERRACED HOUSE795FURNISHED - CLEANER - GARDEN
BRISTOL1-BED FLAT800UNFURNISHED
BRISTOL2-BED FLAT750UNFURNISHED