Flatsharing in the UK will rise in cost by 4.3% by the end of 2013, according to flatsharing website easyroommate.co.uk.

Research carried out by easyroommate.co.uk showed falling numbers of rooms available to rent and consistent demand from renters in the flatshare market has caused rents to grow by an average of 0.35% a month since January 2012.

Average rents are expected to reach £448 per month by December 2013 compared to the current average of £430 per month. This expected increase to rents will drive up the average annual flatshare cost by £219.Since January 2012 the number of bedrooms available for flatsharers to rent has fallen by over two fifths (44%). The supply and demand imbalance has caused rents to rise 3.6% (£415 to £430 per month) since January 2012.

Source: Re:locate Magazine

Subject: Flatshare Report by Easyroommate.co.uk