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East Anglia Future 50

How much have rents increased in your area?

PUBLISHED: 14:14 04 June 2018 | UPDATED: 14:14 04 June 2018

Rents have risen by more than 16% on average in Norfolk and Suffolk over the past seven years. 
Picture: ANTONY KELLY

Rents have risen by more than 16% on average in Norfolk and Suffolk over the past seven years. Picture: ANTONY KELLY

Archant Norfolk 2018

Wage increases have not been keeping up with rent rises in the vast majority of areas in the East of England, new analysis shows.

Great Yarmouth is the only borough in East Anglia to have seen wages increase faster than rents between 2011 and 2017, with many districts seeing rent rises several times more than monthly pay.

The GMB union analysed Office for National Statistics data on the median rent of a two bedroom property, and the increases in rent prices and monthly pay over the seven-year period for 47 East of England councils.

Mid Suffolk had one of the largest gaps, with rents rising 22.5% to £625 a month compared to a 3.4% increase in pay, while in Waveney pay actually fell by 0.5% while rents rose 10.5% to £525.

In East Anglia overall, rents rose 16.2% while earnings increased by 7.1% over the same period.

The GMB said employers “must be prepared” to pay higher wages to staff to help them meet higher rents.

See how your area measures up in our table.

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