London’s rental inflation seems to be on the wane as data released today by Zoopla shows rents in the capital increased by 1.1 per cent in the year to January.
In comparison, in January 2024, rental inflation was up 5.1 per cent for the year and, over the last five years, it’s been seven per cent. This backs up figures released last week that indicated London had reached ‘peak rent’ and prices were beginning to come down. The average rent in London now sits at £2,166 a month.
