London rents rise 1.5% to £2,357 per month
Average monthly rent for new lets in the capital increases for the tenth consecutive month.
News London evidence indexOpen analysis ▾
Named researcher and Hamptons index provide source and data, but only one outlet cited.
Higher is stronger
Provides clear data, quote and context, yet reads like a press release with limited analysis.
Higher is stronger
Mildly emphatic headline matches data; no overt sensationalism.
Lower is better
Newly agreed rental prices on fresh tenancies have risen at their fastest pace in almost two years. Hamptons reported that the annual rate of rental price growth on new lets accelerated for the tenth month in a row in September 2026.
Across Britain, average newly agreed rents increased by 2.7% annually, reaching £1,433 per month. This figure is up from £1,396 in September of the previous year. The South East and South West of England saw annual growth above 4.0% for the first time since September 2024.
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London rental market
In London, the average monthly rent for new lets stood at £2,357 in September 2026. This represents a 1.5% increase compared to the same period last year. This trend means that tenants moving home have been most affected by the higher rents so far this year.
Aneisha Beveridge, head of research at Hamptons, stated that if growth continues to accelerate, it is likely to affect existing tenants in the coming months. This is due to a widening gap between the cost of new and existing rental agreements. The average rise for existing tenants whose rents increased remained at 5.6% in September, unchanged from August.
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The Hamptons lettings index compiles data from the Connells Group to monitor changes in rental costs. The index is based on achieved rents rather than advertised prices.
Questions this report answers
+What is the average monthly rent for new lets in London?
In September 2026, the average monthly rent for new lets in London was £2,357. This figure represents a 1.5% increase compared to the same month in the previous year.
+How much have rents increased across Britain?
Average newly agreed rents across Britain increased by 2.7% annually in September 2026, reaching £1,433 per month. This is the fastest pace of rental price growth on new tenancies in nearly two years.
+Who tracks these rental price changes?
The Hamptons lettings index tracks these changes using data from the Connells Group. It focuses on achieved rents rather than advertised prices.
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