In January 2025, the average monthly rent in Greater London reached 2,227 British pounds, confirming its position as the most expensive area for private tenants. Rental prices across England stood at 1,375 British pounds, while the average for Great Britain was recorded at 1,332 British pounds. The North East remains the most affordable region, with rents at 710 British pounds. According to the UK Price Index of Private Rents (PIPR), rental growth has accelerated since 2021, with the cost of rental properties rising by nearly nine percent annually in January 2025.
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Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.
The release presents the mean (average), median, lower quartile, and upper quartile gross monthly rent paid (ignoring any adjustment for services not eligible for housing benefit), for a number of bedroom/room categories (see methodology section) for each local authority (LA) in England for the 12 months to the end of March 2014.
For all tables, where the calculated statistics are derived from fewer than 10 observations, these statistics will be suppressed and appear as ‘-‘.
The UK residential rental market is poised for significant growth, with forecasts indicating a cumulative increase of nearly **** percent by 2029. This surge is expected to be front-loaded, with a robust *****percent rise anticipated in 2025. Rental growth has accelerated notably since 2021, with August 2024 experiencing a decade-high annual percentage growth. The trend reflects the complex interplay between housing affordability, mortgage rates, and supply of rental homes, as the UK housing market navigates a period of transition.
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The United Kingdom Real Estate Market Report is Segmented by Property Type (Residential and Commercial), by Business Model (Sales and Rental), by End User (Individuals/Households, Corporates & SMEs and Others), and by Country (England, Scotland, Wales, and Northern Ireland). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.
The median monthly rent recorded between 1 October 2017 and 30 September 2018 in England was £690, from a sample of 486,310 rents.
This release provides statistics on the private rental market for England. The release presents the mean, median, lower quartile and upper quartile total monthly rent paid, for a number of bedroom/room categories. This covers each local authority in England, for the 12 months to the end of September 2018. Geographic (choropleth) maps have also been published as part of this release.
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United Kingdom Residential Real Estate Market is Segmented by Property Type (Apartments and Condominiums, and Villas and Landed Houses), by Price Band (Affordable, Mid-Market and Luxury), by Business Model (Sales and Rental), by Mode of Sale (Primary and Secondary), and by Region (England, Scotland, Wales and Northern Ireland). The Market Forecasts are Provided in Terms of Value (USD)
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The United Kingdom Car Rentals Market Report is Segmented by Rental Duration (Short-Term and Long-Term), Booking Type (Online and Offline), Application (Leisure/Tourism and Business/Corporate), Vehicle Class (Economy, Standard, and Premium / Luxury), Propulsion Type (ICE, Hybrid, and BEV), End-User (Individual and More), Booking Channel (Airport and More), and Geography. Market Forecasts are Provided in Terms of Value (USD).
The total turnover of the equipment rental market in the United Kingdom fluctuated widely over the last decade with a positive trend. By 2021, the equipment rental market turnover in the UK reached *** billion euros and is forecasted to exceed *** billion euros by 2023.
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United Kingdom Car Rental market was valued at USD 7.15 billion in 2024 and is anticipated to grow USD 13.16 billion by 2030 with a CAGR of 10.75%
Pages | 81 |
Market Size | 2024: USD 7.15 Billion |
Forecast Market Size | 2030: USD 13.16 Billion |
CAGR | 2025-2030: 10.75% |
Fastest Growing Segment | Airport |
Largest Market | England |
Key Players | 1. Lex Autolease Ltd. 2. Alphabet (GB) Ltd 3. Enterprise Rent-A-Car UK Ltd. 4. LeasePlan UK Ltd. 5. Europcar Mobility Group 6. Avis Budget Group Inc. 7. Hertz UK Ltd. 8. SIXT SE 9. Dollar Rent A Car, Inc. 10. Green Motion International |
As of the second quarter of 2024, there were nearly ******* build-to-rent homes in the United Kingdom, the majority of which were apartments in multifamily housing. Additionally, over ****** homes were in construction, and ******* were in planning. Build-to-rent refers to homes that are built specifically for renting rather than for sale. They differentiate from traditional rent homes with their focus on the provision of services, i.e. professional on-site management, shared spaces, work zones, fitness centers. A substantial share of the built-to-rent stock is concentrated in London.
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Rental price statistics historical data time series (indices and annual percentage change). These are official statistics in development.
This timeline presents the value of the film on video rental market in the United Kingdom in the years from 2001 to 2018. The highest value of the physical rental market was *** million British pounds in 2001. Market value was significantly lower in 2018, at 30million British pounds. The number of rental transactions also fell during this period, from *** million in 2001 to ***** million in 2018.
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The UK Boat Rental Market was valued at USD 4.39 Billion in 2024 and is expected to reach USD 5.75 Billion by 2030 with a CAGR of 4.58%.
Pages | 85 |
Market Size | 2024: USD 4.39 Billion |
Forecast Market Size | 2030: USD 5.75 Billion |
CAGR | 2025-2030: 4.58% |
Fastest Growing Segment | Electric |
Largest Market | England |
Key Players | 1. GetMyBoat 2. Sailo Inc. 3. Boatsetter 4. Adventure Boat Rentals 5. SamBoat 6. Groupe Beneteau 7. Zizooboats GmbH 8. Boat Jump 9. Incrediblue 10. Globe Sailor |
This data sets out information on the size and shape of England's Broad Rental Market Areas (BRMAs). The information comes from the Valuation Office Agency (VOA) and is available online at https://www.gov.uk/government/organisations/valuation-office-agency Across England there are 152 Broad Rental Market Areas. These are set by the Valuation Office Agency (VOA) and are used to define the amount of support a household might be able to claim to support their housing costs, known as Local Housing Allowance. The boundaries of the broad rental market areas and Local Housing Allowance rates are shown in the Cambridgeshire Atlas | BRMAs https://cambridgeshireinsight.org.uk/wp-content/atlases/BRMA/atlas.html
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Global Market Share by Key Players
Market Segment | Industry Share (%) |
---|---|
Top 3 (Enterprise, Hertz, Europcar) | 50% |
Rest of Top 5 (Avis, Sixt) | 15% |
Next 5 of Top 10 (Thrifty, Alamo, Budget, Green Motion, Virtuo) | 20% |
Emerging & Regional Brands (peer-to-peer, EV rentals) | 15% |
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The UK Office Real Estate Market Report is Segmented by by Building Grade (Grade A, Grade B, and More), by Transaction Type (Rental and Sales), by End Use (Information Technology (IT & ITES), BFSI (Banking, Financial Services and Insurance), and More) and by Country (England, Scotland, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.
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The UK car rental market is anticipated to experience substantial growth, expanding from USD 3.80 billion in 2025 to approximately USD 6.43 billion by 2035 at a CAGR of 5.4% throughout the forecast period.
Metric | Value |
---|---|
Industry Size (2025E) | USD 3.80 billion |
Industry Value (2035F) | USD 6.43 billion |
CAGR (2025 to 2035) | 5.4% |
Semi-Annual Market Update
Particular | Value CAGR |
---|---|
H1 2024 | 6.3% (2024 to 2034) |
H2 2024 | 4.8% (2024 to 2034) |
H1 2025 | 6.1% (2025 to 2035) |
H2 2025 | 4.7% (2025 to 2035) |
Per Capita Spending Analysis
Year | Population (millions) |
---|---|
2020 | 67.9 |
2021 | 68.3 |
2022 | 68.6 |
2023 | 69 |
2024 | 69.3 |
Year | Per Capita Spending (USD) |
---|---|
2020 | 18.82 |
2021 | 20.03 |
2022 | 22.68 |
2023 | 25.58 |
2024 | 29.03 |
The industrial real estate sector and West End offices are forecasted to see the highest annualized rental growth in the UK between 2025 and 2029, followed by city offices. According to the forecast, industrial real estate and West End office space rents are expected to grow by *** percent per year in this period, while city office space rents are expected to increase by *** percent. When it comes to total commercial real estate returns in the UK, the industrial and shopping center sectors are forecast to outperform all other property types.
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In 2023, the UK Real Estate Market reached a value of USD 816.7 million, and it is projected to surge to USD 919.0 million by 2030.
In January 2025, the average monthly rent in Greater London reached 2,227 British pounds, confirming its position as the most expensive area for private tenants. Rental prices across England stood at 1,375 British pounds, while the average for Great Britain was recorded at 1,332 British pounds. The North East remains the most affordable region, with rents at 710 British pounds. According to the UK Price Index of Private Rents (PIPR), rental growth has accelerated since 2021, with the cost of rental properties rising by nearly nine percent annually in January 2025.