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Rental prices finally fall after five years of rises
The Journal
|August 12, 2025
RENTAL prices in the North East have finally fallen after what property firm Hamptons described as “five years of relentless rises”.
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Average rents on newly-let homes fell by 0.3% in July, with the figure now standing at £850, as the region moves in line with other areas of the country.
Across the UK, the average rent on a newly-let property fell by 0.2% year-on-year in July, marking the first annual decline since August 2020, during the height of the Covid-19 pandemic.
This story is from the August 12, 2025 edition of The Journal.
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