According to Paragon, rental incomes have grown by 6.9% in the last twelve months, with September’s average rental incomes at £10,718.

Regions achieving the highest rents were London (£20,392), the South West (£11,328) and the South East (10,900).

Average property values have risen from £178,566 in August to £180,067 in September. Over the past year, property prices have risen by 8.2%. The highest property values are in London (£366,428), the South East (£190,443) and the South West (£189,973).

Yields have remained stable at or above 6% for over a year. Those that achieved the highest yields are the North West (6.5%), Wales (6.4%) and the East Midlands (6.4%).

Total annual returns on a property purchased 12 months ago (including capital gain plus rental income) stands at 14.2% in September. Regions achieving the highest total returns are London (25.1%), East Anglia (24.5%) and the North (20.6%).