The Price Index of Private Rents (PIPR) increased gradually since 2015 and reached a value of 121.8 in January 2025. That indicates a rental increase of 11 percent since January 2023, the baseline year when the index was set to 100. The rental rates for mainstream properties are forecast to continue to grow over the next five years.
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Price Index of Private Rents (PIPR) and year-on-year percentage change in London, England from January 2015 to January 2025
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Office for National Statistics (UK). (February 19, 2025). Price Index of Private Rents (PIPR) and year-on-year percentage change in London, England from January 2015 to January 2025 [Graph]. In Statista. Retrieved June 29, 2025, from https://www.statista.com/statistics/285963/london-monthly-index-of-private-housing-rental-prices-iphrp/
Office for National Statistics (UK). "Price Index of Private Rents (PIPR) and year-on-year percentage change in London, England from January 2015 to January 2025." Chart. February 19, 2025. Statista. Accessed June 29, 2025. https://www.statista.com/statistics/285963/london-monthly-index-of-private-housing-rental-prices-iphrp/
Office for National Statistics (UK). (2025). Price Index of Private Rents (PIPR) and year-on-year percentage change in London, England from January 2015 to January 2025. Statista. Statista Inc.. Accessed: June 29, 2025. https://www.statista.com/statistics/285963/london-monthly-index-of-private-housing-rental-prices-iphrp/
Office for National Statistics (UK). "Price Index of Private Rents (Pipr) and Year-on-year Percentage Change in London, England from January 2015 to January 2025." Statista, Statista Inc., 19 Feb 2025, https://www.statista.com/statistics/285963/london-monthly-index-of-private-housing-rental-prices-iphrp/
Office for National Statistics (UK), Price Index of Private Rents (PIPR) and year-on-year percentage change in London, England from January 2015 to January 2025 Statista, https://www.statista.com/statistics/285963/london-monthly-index-of-private-housing-rental-prices-iphrp/ (last visited June 29, 2025)
Price Index of Private Rents (PIPR) and year-on-year percentage change in London, England from January 2015 to January 2025 [Graph], Office for National Statistics (UK), February 19, 2025. [Online]. Available: https://www.statista.com/statistics/285963/london-monthly-index-of-private-housing-rental-prices-iphrp/
