UKPP RENTAL YIELD INDEX

UKPP Rental Yield Index

August 2025

Gross rental yield by English local authority.

gross yield % = (average monthly rent × 12) ÷ average house price × 100

Retrospective edition. Retrospective editions are computed from the latest published data for each period — not the data as it stood at the time. ONS and HM Land Registry revise their figures, so a retrospective edition is not what would have been published then. Retrospective editions therefore carry no revision flags; revision tracking begins with the first live edition.
294Local authorities covered
4.29Median gross yield %
Newcastle upon Tyne — 6.69%Highest gross yield
Derbyshire Dales — 2.62%Lowest gross yield
0Thin-flagged
0Excluded

Highest gross yields

  1. 1Newcastle upon Tyne£1,112 / £199,5986.69%
  2. 2Portsmouth£1,337 / £245,8436.53%
  3. 3Manchester£1,317 / £251,0746.29%
  4. 4Southampton£1,216 / £234,0286.24%
  5. 5Nottingham£996 / £193,1076.19%
  6. 6Blackpool£672 / £131,4576.13%
  7. 7Gateshead£760 / £149,5036.10%
  8. 8Bristol, City of£1,778 / £350,8126.08%
  9. 9Kingston upon Hull, City of£646 / £128,4506.04%
  10. 10Salford£1,132 / £226,7595.99%

Lowest gross yields

  1. 285South Hams£981 / £358,7333.28%
  2. 286Uttlesford£1,283 / £468,8553.28%
  3. 287Melton£753 / £277,4973.26%
  4. 288Cotswold£1,181 / £435,9523.25%
  5. 289East Devon£913 / £338,3853.24%
  6. 290Kensington and Chelsea£3,614 / £1,379,9143.14%
  7. 291Waverley£1,488 / £571,8013.12%
  8. 292Malvern Hills£870 / £335,6023.11%
  9. 293Elmbridge£1,843 / £737,1283.00%
  10. 294Derbyshire Dales£751 / £343,8472.62%

thin = latest published monthly sales volume is below this index's suppression threshold — read with caution, and do not compare directly against high-volume areas (see Methodology).

Headline rankings (the highest and lowest tables) exclude local authorities flagged thin (low monthly sales volume); those areas appear in the full table below, flagged. A sort of the full table or CSV will therefore not reproduce the headline lists.

Full ranked table — every included local authority

RankLocal authorityGross yield %Avg monthly rentAvg priceSales volume
1Newcastle upon Tyne6.69£1,112£199,598323
2Portsmouth6.53£1,337£245,843238
3Manchester6.29£1,317£251,074483
4Southampton6.24£1,216£234,028276
5Nottingham6.19£996£193,107238
6Blackpool6.13£672£131,457193
7Gateshead6.10£760£149,503232
8Bristol, City of6.08£1,778£350,812534
9Kingston upon Hull, City of6.04£646£128,450281
10Salford5.99£1,132£226,759285
11Lincoln5.95£901£181,718121
12Norwich5.87£1,136£232,256184
13Middlesbrough5.84£672£138,039160
14Harlow5.77£1,462£304,12489
15Liverpool5.74£864£180,599447
16Sunderland5.74£676£141,422311
17Burnley5.68£613£129,549129
18Hyndburn5.66£624£132,38792
19Gosport5.64£1,114£237,095108
20Barking and Dagenham5.62£1,655£353,560125
21Birmingham5.55£1,068£231,025883
22Newham5.54£1,874£406,068155
23Tower Hamlets5.52£2,370£514,753236
24County Durham5.48£612£133,980665
25Leeds5.47£1,098£240,770932
26Coventry5.43£996£220,214303
27Eastbourne5.40£1,155£256,824152
28Exeter5.40£1,312£291,301138
29Stoke-on-Trent5.40£678£150,545272
30Gloucester5.36£1,041£233,168178
31Plymouth5.32£959£216,238352
32Crawley5.31£1,447£326,866112
33Reading5.30£1,552£351,290185
34Pendle5.29£630£142,875122
35Slough5.29£1,531£347,24577
36South Tyneside5.28£690£156,736157
37Brighton and Hove5.25£1,830£418,012333
38Leicester5.24£1,006£230,552187
39Stevenage5.24£1,380£316,10396
40Watford5.21£1,782£410,37370
41Boston5.18£789£182,92077
42Ipswich5.18£954£221,209151
43North East Lincolnshire5.16£603£140,266232
44Bournemouth, Christchurch and Poole5.15£1,360£316,706564
45Hartlepool5.12£556£130,300123
46St. Helens5.12£757£177,472196
47Sandwell5.09£882£208,050251
48Blackburn with Darwen5.08£684£161,580157
49Stockton-on-Tees5.08£709£167,414253
50Lambeth5.07£2,435£576,354350
51Redcar and Cleveland5.07£637£150,725160
52Tameside5.07£885£209,477241
53Bath and North East Somerset5.06£1,755£416,275234
54Dartford5.06£1,528£362,477139
55South Gloucestershire5.05£1,399£332,756377
56Luton4.99£1,190£286,395136
57Worthing4.98£1,309£315,603151
58Bolton4.96£805£194,814331
59Darlington4.96£648£156,793152
60Sheffield4.96£893£216,113538
61Ashfield4.93£758£184,625143
62Sefton4.93£891£216,885363
63Hackney4.92£2,566£625,829217
64Peterborough4.91£965£235,985199
65Preston4.91£746£182,403197
66Derby4.90£835£204,469274
67Medway4.90£1,212£296,555349
68Rushmoor4.90£1,329£325,797118
69Swindon4.90£1,048£256,817285
70Knowsley4.89£770£188,895135
71Bury4.88£962£236,370214
72Hastings4.86£992£244,706113
73Thurrock4.86£1,317£325,331170
74Rossendale4.85£778£192,487111
75Wolverhampton4.85£851£210,410246
76Broxbourne4.84£1,637£405,750126
77North Tyneside4.84£801£198,720269
78Calderdale4.83£740£183,904295
79Oldham4.83£838£208,050249
80Southwark4.83£2,347£582,998267
81Bradford4.81£727£181,230616
82Mansfield4.81£757£188,911122
83Milton Keynes4.81£1,294£322,525247
84Walsall4.78£842£211,549220
85Doncaster4.77£659£165,907345
86Greenwich4.77£1,880£472,733192
87Lancaster4.77£774£194,839180
88Thanet4.77£1,079£271,363201
89Tamworth4.74£920£232,690115
90Colchester4.72£1,173£298,335264
91Nuneaton and Bedworth4.72£894£227,447171
92Wakefield4.71£761£193,755405
93Newcastle-under-Lyme4.66£773£199,068177
94Eastleigh4.63£1,174£304,140184
95North Somerset4.63£1,171£303,246326
96Torbay4.63£885£229,185205
97Rochdale4.62£788£204,693228
98Oxford4.61£1,897£494,291139
99Cumberland4.60£636£165,899362
100Tendring4.60£1,012£263,858237
101Wirral4.59£803£209,720411
102Barnsley4.57£646£169,568286
103Croydon4.57£1,534£402,836370
104West Suffolk4.57£1,135£297,791254
105Southend-on-Sea4.56£1,245£327,466228
106Oadby and Wigston4.55£993£262,08970
107Erewash4.54£815£215,640170
108Islington4.52£2,701£717,607172
109Bolsover4.51£678£180,487125
110Chesterfield4.51£738£196,385138
111Great Yarmouth4.51£781£207,827128
112Solihull4.49£1,240£331,747259
113Swale4.49£1,105£295,327199
114Wyre4.48£695£185,964219
115North Northamptonshire4.47£943£253,195461
116Gravesham4.46£1,269£341,533121
117Bexley4.45£1,512£407,445274
118Fenland4.45£812£219,144155
119Wigan4.44£700£189,258393
120Basildon4.43£1,351£365,576221
121Cambridge4.42£1,773£481,866113
122Cheltenham4.42£1,203£326,811195
123Enfield4.42£1,738£471,447220
124South Ribble4.42£763£207,373193
125Telford and Wrekin4.42£808£219,482191
126Cherwell4.41£1,276£346,924250
127Dudley4.40£830£226,359338
128Arun4.39£1,194£326,442232
129Braintree4.39£1,189£324,827238
130Woking4.39£1,646£450,037130
131Worcester4.39£928£253,587137
132Broxtowe4.37£956£262,286155
133Gedling4.37£875£240,536143
134Chelmsford4.36£1,406£387,128248
135York4.36£1,126£309,834272
136Fylde4.34£827£228,701144
137West Northamptonshire4.34£1,049£290,005569
138Wyre Forest4.34£845£233,458150
139Adur4.33£1,366£378,34486
140Lewisham4.33£1,793£496,748273
141Canterbury4.31£1,215£338,080196
142Halton4.31£699£194,494151
143Bracknell Forest4.30£1,437£400,871152
144North Warwickshire4.30£936£261,32990
145Trafford4.30£1,336£373,172282
146Chorley4.29£745£208,155164
147Spelthorne4.29£1,606£449,078129
148Cheshire West and Chester4.28£934£261,572474
149Isle of Wight4.28£887£248,734180
150East Staffordshire4.27£804£225,781174
151Tonbridge and Malling4.27£1,443£405,422184
152Ealing4.24£2,047£579,846250
153Basingstoke and Deane4.23£1,289£365,620234
154North Lincolnshire4.23£616£174,931233
155Ashford4.22£1,211£344,506177
156Hounslow4.22£1,891£537,832174
157Maidstone4.22£1,259£358,036218
158Havering4.21£1,542£439,815289
159Folkestone and Hythe4.20£1,065£304,606163
160High Peak4.20£873£249,590122
161Kirklees4.20£693£198,109499
162Redditch4.20£878£251,08898
163Rotherham4.20£664£189,515317
164Rugby4.20£996£284,446154
165Brent4.19£1,948£557,342160
166Fareham4.19£1,165£333,422168
167King's Lynn and West Norfolk4.19£906£259,277212
168Bedford4.18£1,139£326,651198
169Dacorum4.18£1,573£452,050182
170Havant4.18£1,116£320,305162
171Hinckley and Bosworth4.18£903£259,250157
172Westmorland and Furness4.18£767£220,135318
173Somerset4.17£957£275,424831
174Wandsworth4.16£2,526£728,981465
175Cornwall4.15£982£283,621712
176Cannock Chase4.14£809£234,721117
177Stockport4.14£1,062£307,807431
178Hammersmith and Fulham4.13£2,735£794,069190
179Bassetlaw4.12£711£207,003166
180Charnwood4.10£922£269,963241
181Lewes4.10£1,258£368,514149
182Amber Valley4.08£769£225,935198
183Central Bedfordshire4.08£1,205£354,520450
184Haringey4.07£2,189£645,270204
185Warrington4.07£854£251,962264
186Rother4.06£1,157£342,189139
187Newark and Sherwood4.05£776£229,813188
188Redbridge4.05£1,693£501,234207
189Huntingdonshire4.03£1,019£303,500245
190Stafford4.03£846£252,173177
191Sutton4.03£1,524£453,557235
192South Holland4.02£744£222,179154
193Blaby4.01£945£283,107143
194Dover4.01£940£281,234150
195Breckland4.00£895£268,311181
196Runnymede4.00£1,597£478,92099
197West Lancashire4.00£763£228,839153
198Reigate and Banstead3.99£1,604£482,897166
199Vale of White Horse3.99£1,314£395,028191
200Warwick3.98£1,217£366,907210
201Merton3.97£2,061£622,666212
202North Hertfordshire3.97£1,360£411,242188
203South Derbyshire3.97£844£255,161206
204East Hertfordshire3.96£1,480£448,356218
205Waltham Forest3.94£1,738£529,534275
206Welwyn Hatfield3.94£1,460£444,428110
207Epping Forest3.93£1,747£532,978177
208Surrey Heath3.93£1,481£451,738112
209South Kesteven3.91£830£254,873224
210Castle Point3.90£1,204£370,340109
211North Kesteven3.90£778£239,246198
212Tunbridge Wells3.89£1,467£452,127163
213Hertsmere3.88£1,765£545,443129
214West Lindsey3.87£672£208,266171
215Sevenoaks3.86£1,722£535,261137
216Kingston upon Thames3.85£1,833£572,055183
217Wealden3.85£1,242£387,612263
218Horsham3.83£1,420£444,974220
219Northumberland3.83£650£203,909487
220Winchester3.83£1,448£454,170173
221Hillingdon3.81£1,531£482,565203
222Staffordshire Moorlands3.81£678£213,411150
223East Riding of Yorkshire3.80£693£218,611567
224Harrow3.80£1,727£545,223125
225New Forest3.79£1,222£386,544277
226North East Derbyshire3.79£762£241,286141
227West Berkshire3.79£1,274£403,887210
228Wiltshire3.79£1,021£323,674687
229Mid Sussex3.78£1,376£436,725236
230Bromley3.76£1,640£522,997395
231Westminster3.75£3,215£1,030,150174
232Mid Suffolk3.74£945£303,004172
233North Yorkshire3.74£829£266,108949
234East Lindsey3.73£658£211,521205
235South Cambridgeshire3.73£1,362£437,922204
236Camden3.72£2,793£900,887156
237Cheshire East3.71£924£299,080688
238East Cambridgeshire3.71£1,033£334,169114
239Lichfield3.71£1,026£331,693173
240Teignbridge3.71£928£299,782202
241Test Valley3.71£1,159£375,300161
242South Norfolk3.69£951£309,072205
243Rochford3.68£1,238£403,477128
244Guildford3.67£1,645£537,952200
245Rushcliffe3.67£1,019£333,369217
246Tandridge3.67£1,568£512,446111
247Dorset3.66£1,007£330,531552
248Brentwood3.65£1,580£519,898129
249Three Rivers3.65£1,786£587,263112
250Windsor and Maidenhead3.65£1,784£585,770160
251Mid Devon3.64£867£285,978105
252Epsom and Ewell3.63£1,664£550,74583
253Barnet3.62£1,886£624,722281
254South Staffordshire3.60£905£301,331153
255West Oxfordshire3.60£1,281£426,766152
256North West Leicestershire3.58£832£278,680181
257Tewkesbury3.57£964£324,036152
258Rutland3.56£943£317,71355
259Broadland3.54£901£304,998231
260Bromsgrove3.54£973£329,532141
261St Albans3.54£1,878£636,955180
262Buckinghamshire3.52£1,407£479,054757
263Hart3.52£1,375£469,093151
264South Oxfordshire3.51£1,355£463,324213
265Chichester3.50£1,294£443,411156
266Torridge3.48£773£266,638114
267North Devon3.47£849£293,269114
268Harborough3.45£937£325,569151
269Wokingham3.42£1,439£505,469206
270Babergh3.41£934£328,337114
271Forest of Dean3.40£829£292,850117
272Maldon3.40£1,100£388,240118
273Stroud3.40£982£346,258177
274Wychavon3.40£918£324,451166
275Shropshire3.37£789£280,842392
276West Devon3.37£819£291,73595
277East Suffolk3.36£801£285,660338
278Herefordshire, County of3.34£798£286,675257
279East Hampshire3.33£1,245£448,021190
280Ribble Valley3.33£776£279,81089
281Mole Valley3.32£1,514£547,832102
282Stratford-on-Avon3.31£1,084£393,066200
283North Norfolk3.30£828£301,102143
284Richmond upon Thames3.30£2,235£813,573269
285South Hams3.28£981£358,733131
286Uttlesford3.28£1,283£468,855142
287Melton3.26£753£277,497100
288Cotswold3.25£1,181£435,952126
289East Devon3.24£913£338,385242
290Kensington and Chelsea3.14£3,614£1,379,914134
291Waverley3.12£1,488£571,801220
292Malvern Hills3.11£870£335,602131
293Elmbridge3.00£1,843£737,128189
294Derbyshire Dales2.62£751£343,84788
Download full table (CSV)

Regional breakdown

Regional breakdown available from March 2026 onward — earlier editions cover local authorities only. Regional rent figures were not published for this period, so no regional yields are shown; the full local-authority index above is unaffected.

Methodology

Formula: gross yield % = (average monthly rent × 12) ÷ average house price × 100

Sources: ONS (Price Index of Private Rents) (as at 22 July 2026); HM Land Registry (UK House Price Index) (as at 1 July 2026).

Coverage: 294 local authorities included, 0 excluded.

    Excluded: none

    Thin-LA handling

    An LA whose latest published monthly sales volume is below 50 is flagged thin.

    HM Land Registry itself warns that local-authority House Price Index averages are based on monthly sales volumes that can be small, which makes month-to-month movements volatile for lower-volume areas. Local authorities flagged 'thin' below are those whose latest published monthly sales volume falls under this index's suppression threshold. Read a thin-flagged figure with caution, and do not compare it directly against high-volume areas as if the two were equally stable measurements.

    Headline rankings

    Headline rankings (the highest and lowest tables) exclude local authorities flagged thin (low monthly sales volume); those areas appear in the full table below, flagged. A sort of the full table or CSV will therefore not reproduce the headline lists.

    What this index is — and is not

    The average rented property and the average sold property are not the same property. This index divides an aggregate rent series by an aggregate price series, so it measures the relative gross-yield attractiveness of an area — NOT an achievable return on any specific purchase.
    This is a GROSS yield: rent over price, before any costs. It models no voids, management, maintenance, tax, or finance, and forecasts nothing. It is a measurement, not investment advice.

    Revision policy

    Each published edition is immutable at its own URL and is never edited after release. Both inputs (ONS PIPR rent, HM Land Registry HPI price) are themselves revised at source after first publication. Where a prior edition's underlying figure is later revised, that revision is not applied retroactively — it appears in the NEXT edition, which shows the prior value alongside the current one and flags it as revised. Prior editions are never silently overwritten.

    Retrospective edition

    Retrospective editions are computed from the latest published data for each period — not the data as it stood at the time. ONS and HM Land Registry revise their figures, so a retrospective edition is not what would have been published then. Retrospective editions therefore carry no revision flags; revision tracking begins with the first live edition.

    Sources

    1. Derived: UKPP Rental Yield Index (ukppyield:*:gross_yield) — August 2025
    2. ← Rent input: ONS (Price Index of Private Rents), as at 22 July 2026
    3. ← Price input: HM Land Registry (UK House Price Index), as at 1 July 2026