Index of private housing rental prices in London, England 2015-2023, per month
The Index of Private Housing Rental Prices (IPHRP) increased gradually since 2015 and reached a value of 120.5 in December 2023, indicating a rental increase of nearly 21 percent during this period. Rental growth was notably strong since January 2022, when the index stood at 108.6 index points. The IPHRP Rental growth for mainstream properties is forecast to continue until 2028.