Index Of Private Housing Rental Prices, Uk: December 2021 - Scotland Sees Biggest Increases

19th January 2022

Private rental prices paid by tenants in the UK rose by 1.8% in the 12 months to December 2021, up from 1.7% in the 12 months to November 2021.

Private rental prices grew by 1.8% in England, 1.5% in Wales and 2.3% in Scotland in the 12 months to December 2021.

The East Midlands saw the highest annual growth in private rental prices (3.3%), while London saw the lowest (negative 0.1%).

UK private rental growth rates by country
In England, private rental prices grew by 1.8% in the 12 months to December 2021, representing the highest 12-month growth rate since July 2017. When London is excluded from England, private rental prices increased by 2.8% in the 12 months to December 2021, up from an increase of 2.6% in November 2021.

Private rental prices in Wales grew by 1.5% in the 12 months to December 2021, down from an increase of 1.6% in November 2021.

Rental growth in Scotland grew by 2.3% in the 12 months to December 2021, up from an increase of 2.0% in November 2021, and the highest annual growth rate since records began in 2012.

The annual rate of change for Northern Ireland in December 2021 (5.0%) was higher than the other countries of the UK. Northern Ireland data have been copied forward since September 2021; the next update to Northern Ireland data will be in the release published on 23 March 2022.

Read the full report at https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/indexofprivatehousingrentalprices/december2021