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<p> </p><p>The Office for National Statistics responded quickly to the need for better
data by developing the quarterly Index of Private Housing Rental Prices, first published
in June 2013 and dating back to January 2005 for England.</p><p>Currently the Office
for National Statistics is consulting users of the index to identify improvements.
The index is produced with a robust methodology, which is published and is based on
extensive administrative data on rental values including both on-going and newly agreed
tenancy agreements. Once the methodology is further tested and assessed, and the publication
meets user needs, the Index of Private Housing Rental Prices will be assessed against
the Code of Practice to achieve National Statistic status.</p><p>The index is available
for Great Britain and its constituent countries; however it is not available at local
authority district level. According to most recent figures the average cost of privately
renting housing in England increased by 1.0 per cent in the 12 months to December
2013 – a fall in real terms.</p><p> </p>
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