The data displayed in the interactive infographic above is based on the following:
• Average rent per month – property and location mix-adjusted average for rents on new tenancies
• Tenant income – average annual salary of tenants in employment (excluding students)
• Household rent to income ratio – the percentage of the average gross household income per property that is the average total rental value per property
The HomeLet Rental Index is prepared from information that we consider is collated with careful attention, but we do not make any statement as to its accuracy or completeness. We reserve the right to vary our methodology and to edit or discontinue this report. The HomeLet Rental Index may not be used for commercial purposes; we shall not be liable for any decisions made or action taken in reliance upon the published data.