{"id":434203,"date":"2025-09-18T18:25:17","date_gmt":"2025-09-18T18:25:17","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/434203\/"},"modified":"2025-09-18T18:25:17","modified_gmt":"2025-09-18T18:25:17","slug":"rent-in-barnet-rises-7-in-past-year-3","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/434203\/","title":{"rendered":"Rent in Barnet rises 7% in past year"},"content":{"rendered":"

The average private rent in Barnet reached \u00a31,886 per month in the year to August\u00a0\u2013 up 7% from \u00a31,766 reports Clara Margotin, Data Reporter<\/strong><\/p>\n

\"AAcross London, the average rent was \u00a32,253 \u2013 rising 6% from the year before \u2013 (Credit \u2013 Radar)<\/p>\n

Rent in Barnet rose 7% over the past year, new figures show.<\/p>\n

While annual growth in rental prices across Great Britain has been slowing, campaign group Generation Rent warned \u201crents continue to rise faster than our wages\u201d and urged the government to act on rent increases.<\/p>\n

Provisional figures from the ONS<\/a> show the average private rent in Barnet reached \u00a31,886 per month in the year to August\u00a0<\/strong>\u2013 up 7% from \u00a31,766 a year prior.<\/p>\n

It was also up 27% from an estimated \u00a31,488 a month five years ago.<\/p>\n

Valuation Office Agency rent officers collect prices from a variety of sources, including landlords and letting agents, with the aim to collect data on approximately 10% of the market.<\/p>\n

Across London, the average rent was \u00a32,253 \u2013 rising 6% from the year before.<\/p>\n

Kensington and Chelsea had the highest rental cost in the region at \u00a33,614 per month, while the lowest was in Bexley at \u00a31,512.<\/p>\n

The average private rent in Great Britain<\/a> was \u00a31,360 per month in August. While this was \u00a373, or 5.7%, higher than 12 months ago, this\u00a0annual growth rate was down from 5.9% in the 12 months to July.<\/p>\n

Ben Twomey, Generation Rent chief executive, said: \u201cHomes are the foundations of our lives, but rents continue to rise faster than our wages, swallowing more and more of our income.<\/p>\n

\u201cHigh rents push people into homelessness and trap them in temporary accommodation, they pull children into poverty and prevent people from saving for the future.<\/p>\n

\u201cWe rightly have caps on our energy and water bills, but the same protections don\u2019t exist to stop landlords from pricing us out of our homes.<\/p>\n

\u201cThe government can and must act through devolving powers to Mayors to limit rent increases in their areas.\u201d<\/p>\n

Separate ONS figures published earlier this week show\u00a0a rise in total wage growth including bonuses to 4.7% in the quarter to July, up from 4.6% in the three months to June.<\/p>\n

The provisional figures also show the different costs for various homes in Barnet, from \u00a31,450 for a one-bed property to \u00a33,100 for a home with four or more bedrooms in\u00a0August.<\/p>\n

Among the property types in the area:<\/p>\n