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London rental prices rise 5.5% per year

The average London rental value has risen by 83% to April 2025, at an average increase of 5.5% per year, since 2010 according to Bricks&Logic.

Having fallen post Brexit in 2016 and slowly recovering by early 2020 and the start of Covid, rental prices have increased by 35% between early 2021 and the end of 2024.

The average property price in London is £611,539, having increased by 1.1% over the last twelve months to May 2025, however since September 2022 the average sale price in London has fallen by 1.6%. During this time rental prices have increased by 3.9% for an average rental price of £2,546 per calendar month.

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