Trends in office rents in the City of London: 1867-1959

Steven Devaney

    Research output: Contribution to journalArticlepeer-review

    8 Citations (Scopus)


    This paper details the construction and analysis of a dataset of office lettings, which is used to produce a rent index for the City of London spanning the late nineteenth and early twentieth centuries. It advances prior research through application of a modern version of the repeat measures technique and in coverage of years where office rents have not been previously measured. Results show that there has been no real growth in rents over the period as a whole. However, there have been distinct phases of rental growth and decline that correspond with the wider economic fortunes of the City.
    Original languageEnglish
    Pages (from-to)198–212
    Number of pages15
    JournalExplorations in Economic History
    Issue number2
    Early online date14 Nov 2009
    Publication statusPublished - Apr 2010


    • City of London
    • offices
    • rent index
    • repeat measures regression


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