Average Rent, Tenancy Length and Void Periods

Average Rent, Tenancy Length and Void Periods

North West:

Average rent - £752
Average void - 27 days
Average tenancy length - 9 months
Average tenant age - 32
Average annual tenant income - £20,000.

North East:

Average rent - £635
Average void - 24 days
Average tenancy length - 9 months
Average tenant age - 31
Average annual tenant income - £17,000.

Wales:

Average rent - £693
Average void - 15 days
Average tenancy length - 9 months
Average tenant age - 32
Average annual tenant income - £23,000.

West Midlands:

Average rent - £689
Average void - 33 days
Average tenancy length - 9 months
Average tenant age - 33
Average annual tenant income - £18,000.

East Midlands:

Average rent - £864
Average void - 32 days
Average tenancy length - 9 months
Average tenant age - 33
Average annual tenant income - £23,000.

London:

Average rent - £1,619
Average void - 13 days
Average tenancy length - 14 months
Average tenant age - 32
Average annual tenant income - £36,000.

South East:

Average rent - £967
Average void - 23 days
Average tenancy length - 11 months
Average tenant age - 34
Average annual tenant income - £25,000.

South West:

Average rent - £878
Average void - 23 days
Average tenancy length - 9 months
Average tenant age - 34
Average annual tenant income - £19,000.

For the full article follow the link below:
https://www.lettingagenttoday.co.uk/breaking-news/2019/3/new-index-measures-rents-voids-tenancy-length-for-england-and-wales