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The average cost of renting a room in the UK stood steady at £546 per month in October according to website spareroom.co.uk.

This breaks down to £328 per month in Northern Ireland (up from £327 a year ago), £356 in Wales (up one per cent) and £449 in Scotland (up seven per cent).

Looking at the regions in England, the average rent in the East Midlands is £383 (up two per cent year on year) and £385 in the West Midlands (up three per cent).

In the south of England rents average at £462 in the south east and £407 in the south west (both increasing three per cent year on year).

Rents in the north east and north west have increased three per cent to £364 and four per cent to £375 respectively.

Both inner and outer London have also seen an annual increase of four per cent to £705 and £526.

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