Renting by the room can be a good thing for both landlords and tenants, especially in cities like London where rates are particularly expensive.
Read - SpareRoom's renting by the room checklist
From the perspective of a tenant, renting by the room often makes far more financial sense than renting a whole property. For landlords, in expensive areas, renting out individual rooms is a way of covering costs, however the cost of maintaining these rooms may increase.
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| Big Risers | January 2015 | Annual Change |
| Oldbury | £480 per month | +31% |
| London - East Central | £955 | +13% |
| Huddersfield | £350 | +10.1% |
| Big Falls | ||
| Belfast | £272 | -28.2% |
| Batley | £282 | -23.5% |
| Rochdale | £298 | -21.8% |
| Top Room Rents | ||
| London - East Central | £955 | +13% |
| London - West Central | £902 | -4.6% |
| London - West | £831 | +1.5% |
| Best Value Room Rents | ||
| Belfast | £272 | -28.2% |
| Batley | £282 | -23.5% |
SpareRoom.co.uk comment that:-
'January’s average room rent was £570, up from £561 in December 2014 and up 12% from £509 in January 2014. East London saw a particularly sharp rent rise in 2014, raising 14% year on year. Areas with more moderate annual rises include Birmingham (2%), Newport (2.5%) and Ilford (3.6%). In other areas, including Hull, Plymouth and Harrow, rents remained relatively constant year on year.'
Read - SpareRoom's renting by the room checklist
Download the SpareRoom Index
Tenants
