Wednesday 3 August 2022 05:00 PM Average monthly room rents rise by 15% in a year to £815 in London trends now

Wednesday 3 August 2022 05:00 PM Average monthly room rents rise by 15% in a year to £815 in London trends now
Wednesday 3 August 2022 05:00 PM Average monthly room rents rise by 15% in a year to £815 in London trends now

Wednesday 3 August 2022 05:00 PM Average monthly room rents rise by 15% in a year to £815 in London trends now

Renters returning to London to work are facing severe hardship in trying to afford even one room as prices have rocketed to as high as £815 a month on average - although some bargains are still available nearby.

The priciest is in the West End or Soho when the mean cost is as much as £1,229.

Next up is Westminster or Belgravia for £1,097 a month, followed by Earl's Court for £1,060.

According to the data the cheapest room rent is in Sydenham where they cost £656 a month.

Outside of the capital, the most expensive areas to rent were Kingston Upon Thames at £727 and Twickenham at £711.

Further afield there were cheaper options at Darlington at £391, Huddersfield at £394 and Middlesbrough at £396. 

The high rents are feeding into the disastrous cost of living crisis that is plaguing the entire country.

Bills are rising as food prices creep up, but many greedy employers are refusing to give their staff pay rises to cover their rising costs.

The priciest room is in the West End or Soho when the mean cost is as much as £1,229 a month, as much as many mortgages

The priciest room is in the West End or Soho when the mean cost is as much as £1,229 a month, as much as many mortgages

Darlington offers the cheapest rooms to rent at £391 followed by popular and trendy West Yorkshire town Huddersfield

Darlington offers the cheapest rooms to rent at £391 followed by popular and trendy West Yorkshire town Huddersfield

Combined with the expensive rental rates, people trying to get by are certain to find it more difficult in the coming weeks and months.

The rent survey was carried out by SpareRoom.

It director said: 'With rents at record highs, inflation higher than it has been for decades, and energy bills set to rise again in October, just before winter kicks in, renters are going to really struggle.

'It's time for government to realise that simply handing out money to help people pay their rent isn't the long-term solution – we need serious policies to provide affordable housing for everyone.

'In the meantime, hopefully this list of the most and least expensive areas will help people looking to make

read more from dailymail.....

PREV Wednesday 3 August 2022 04:51 PM Doctor who tried to hire a hitman to kidnap and torture his wife to strike deal ... trends now
NEXT Monday 1 August 2022 12:03 AM Keir Starmer faces crisis as unions' revolt grows over failure to back strikes trends now