The average rental value for new tenancies in London is £1,555pcm. Rents in London are up by 3% against last year, which is a reduction on the rate of increase seen in September 2015 (6.7%). 

The graph below shows the average rental value in London against the UK average. Below the graph you can select the time period you want to be displayed and compare historical average rental value in the London against any other region in the UK.