{"id":520057,"date":"2025-10-22T16:43:15","date_gmt":"2025-10-22T16:43:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/520057\/"},"modified":"2025-10-22T16:43:15","modified_gmt":"2025-10-22T16:43:15","slug":"rent-in-barnet-rises-7-in-past-year-4","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/520057\/","title":{"rendered":"Rent in Barnet rises 7% in past year"},"content":{"rendered":"

The average private rent in Barnet reached \u00a31,898 per month \u2013 up 7% from \u00a31,775 a year ago reports Sonja Tutty, Data Reporter<\/strong><\/p>\n

\"AAcross London, the average rent was \u00a32,260 \u2013 rising 5% from the year before \u2013 (Credit \u2013 Radar)<\/p>\n

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

Pro-growth campaign group Britain Remade said millions of young people will be paying \u201cever-rising\u201d rents and \u201clocked out\u201d of buying homes until enough new houses are delivered.<\/p>\n

Provisional figures from the Office for National Statistics<\/a> show the average private rent in Barnet reached \u00a31,898 per month in the year to September\u00a0<\/strong>\u2013 up 7% from \u00a31,775 a year prior.<\/p>\n

It was also up 28% from an estimated \u00a31,488 per 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 \u00a32,260 \u2013 rising 5% from the year before.<\/p>\n

Kensington and Chelsea had the highest rental cost in the region at \u00a33,629 per month, while the lowest was in Bexley at \u00a31,514.<\/p>\n

Sam Richards, chief executive of Britain Remade, said: \u201cIt is increasingly looking like the government will miss its target to build 1.5 million homes by the end of this Parliament.<\/p>\n

\u201cUntil we build the homes we need, millions of young people will be locked out of home ownership and stuck paying ever-rising rents.\u201d<\/p>\n

Nathan Emerson, chief executive of Propertymark, said: \u201cWe are about to witness some of the biggest evolutions in over thirty years within the rental sector, with the Renters\u2019 Rights Bill across England and the Housing (Scotland) Bill.<\/p>\n

\u201cBoth will make fundamental changes to how landlords operate and are aimed at strengthening consumer rights concerning standards.<\/p>\n

\u201cAcross the forthcoming decade, it is essential that all eyes are turned to encouraging long-term investment in the rental sector to keep up with increased demand and population growth.\u201d<\/p>\n

In September, the average private rent in Great Britain<\/a> was \u00a31,366 per month. This was \u00a371, or 5%, higher than 12 months ago.<\/p>\n

Including estimates for Northern Ireland, ONS head of housing market indices Aimee North said: \u201cUK annual private rents inflation has eased for the ninth consecutive month, and annual growth has slowed for all countries across the UK.\u201d<\/p>\n

The figures also show the different costs for various homes in Barnet, from \u00a31,458 for a one-bed property to \u00a33,118 for a home with four or more bedrooms in\u00a0September.<\/p>\n

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