Average UK monthly private rents increased by 7.4% in the 12 months to April 2025 according to the ONS.

Although the average rents increased in the 12 months to April 2025, it was down from 7.7% in the 12 months to March 2025 and was below the record-high annual rise of 9.1% in March 2024.

Nick Leeming, Chairman of Jackson-Stops, said: “The early months of 2025 have laid a strong foundation for the housing market, driven by rising demand and steady price growth. In March, buyers moved swiftly ahead of the impending Stamp Duty changes, fuelling a notable price uptick at the same time.

“Looking ahead, price growth is likely to be moderate, with regional variations continuing to shape local market dynamics. The true test for this year will be activity levels post-Stamp duty changes; sustained momentum could drive a buoyant summer, but without the same time pressure, price growth may soften.”

Average rents increased to £1,390 (7.5%) in England, £795 (8.7%) in Wales, and £999 (5.1%) in Scotland. In Northern Ireland average rents increased to £843 (7.8%) in the 12 months to February 2025.

The North East recoded the highest annual increase at 9.4%, whilst the lowest rise was in Yorkshire and The Humber at 4%.