UKPP RENTAL YIELD INDEX

UKPP Rental Yield Index

November 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
4.33Median gross yield %
Newcastle upon Tyne — 6.88%Highest gross yield
Derbyshire Dales — 2.61%Lowest gross yield
1Thin-flagged
0Excluded

Highest gross yields

  1. 1Newcastle upon Tyne£1,169 / £203,9096.88%
  2. 2Portsmouth£1,339 / £246,2686.52%
  3. 3Manchester£1,330 / £251,1146.36%
  4. 4Bristol, City of£1,858 / £353,0426.32%
  5. 5Southampton£1,225 / £232,7756.32%
  6. 6Nottingham£1,001 / £193,5126.21%
  7. 7Gateshead£778 / £151,4406.16%
  8. 8Norwich£1,140 / £222,7506.14%
  9. 9Blackpool£681 / £133,6456.11%
  10. 10Kingston upon Hull, City of£659 / £131,2846.02%

Lowest gross yields

  1. 285Kensington and Chelsea£3,634 / £1,331,8673.27%
  2. 286Malvern Hills£930 / £344,8633.24%
  3. 287East Devon£921 / £342,3043.23%
  4. 288Mole Valley£1,514 / £566,2813.21%
  5. 289Uttlesford£1,291 / £485,7053.19%
  6. 290South Hams£994 / £378,8143.15%
  7. 291Melton£780 / £299,3413.13%
  8. 292Waverley£1,466 / £566,8693.10%
  9. 293Elmbridge£1,835 / £731,3613.01%
  10. 294Derbyshire Dales£758 / £348,3672.61%

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 Tyne6.88£1,169£203,909275
2Portsmouth6.52£1,339£246,268186
3Manchester6.36£1,330£251,114356
4Bristol, City of6.32£1,858£353,042555
5Southampton6.32£1,225£232,775224
6Nottingham6.21£1,001£193,512201
7Gateshead6.16£778£151,440213
8Norwich6.14£1,140£222,750121
9Blackpool6.11£681£133,645175
10Kingston upon Hull, City of6.02£659£131,284234
11Lincoln6.00£935£186,852102
12Salford6.00£1,151£230,322225
13Sunderland5.90£692£140,670268
14Gosport5.86£1,136£232,74288
15Tower Hamlets5.84£2,382£489,845190
16Middlesbrough5.80£676£139,776113
17Harlow5.77£1,484£308,76265
18Liverpool5.77£878£182,461377
19Burnley5.62£616£131,43186
20Hyndburn5.61£631£134,974103
21Newham5.60£1,892£405,361131
22Birmingham5.58£1,080£232,304696
23Barking and Dagenham5.56£1,673£361,324106
24Lambeth5.52£2,498£543,379256
25Watford5.52£1,812£394,18092
26Slough5.49£1,543£337,48965
27Stoke-on-Trent5.49£693£151,471253
28Gloucester5.48£1,066£233,607134
29Leeds5.48£1,111£243,438760
30Coventry5.46£1,008£221,657264
31Exeter5.40£1,321£293,307118
32Plymouth5.40£982£218,225317
33Bournemouth, Christchurch and Poole5.38£1,389£309,994512
34Brighton and Hove5.37£1,835£410,186291
35County Durham5.35£620£139,080561
36Reading5.32£1,581£356,810168
37Eastbourne5.31£1,150£259,969135
38Sandwell5.31£913£206,250201
39South Tyneside5.29£707£160,259113
40Stevenage5.28£1,390£315,77459
41Pendle5.27£635£144,478108
42Leicester5.26£1,021£232,896174
43Ipswich5.22£974£223,896131
44Bolton5.18£866£200,687250
45Dartford5.18£1,539£356,530117
46South Gloucestershire5.18£1,439£333,254321
47Hartlepool5.14£559£130,48778
48Crawley5.12£1,453£340,55586
49Blackburn with Darwen5.11£696£163,364132
50St. Helens5.10£763£179,366197
51Worthing5.10£1,302£306,302129
52Darlington5.07£658£155,879142
53Bath and North East Somerset5.06£1,789£424,185219
54Sheffield5.06£914£216,913514
55Tameside5.06£901£213,691219
56Stockton-on-Tees5.05£718£170,529228
57Wolverhampton5.04£888£211,432187
58Redcar and Cleveland5.03£630£150,284136
59Knowsley5.00£785£188,358135
60Sefton5.00£903£216,885300
61Luton4.99£1,197£288,069135
62Medway4.97£1,224£295,343298
63Derby4.96£837£202,564223
64Greenwich4.96£1,907£461,599161
65North East Lincolnshire4.96£608£146,958194
66Walsall4.96£879£212,854211
67Ashfield4.93£768£187,120147
68Rossendale4.93£792£192,78075
69Rushmoor4.93£1,342£326,844102
70Swindon4.91£1,067£260,877291
71Peterborough4.90£971£237,794172
72Preston4.88£759£186,688143
73Hastings4.87£997£245,633114
74Tamworth4.86£937£231,456103
75Bury4.85£961£237,993173
76Thanet4.85£1,091£269,989168
77Broxbourne4.83£1,634£406,02099
78North Tyneside4.83£820£203,639253
79Thurrock4.83£1,325£329,022149
80Hackney4.82£2,572£639,945166
81Milton Keynes4.82£1,304£324,449283
82Oldham4.81£855£213,315215
83Boston4.80£783£195,93654
84Mansfield4.79£761£190,669104
85Colchester4.78£1,200£301,066196
86Southwark4.76£2,360£594,432208
87Lancaster4.75£786£198,605196
88Wakefield4.73£773£196,284352
89Doncaster4.71£672£171,185328
90Islington4.71£2,714£691,785143
91Newcastle-under-Lyme4.71£797£203,217128
92Nuneaton and Bedworth4.71£906£230,887143
93Southend-on-Sea4.71£1,270£323,307224
94Torbay4.71£891£226,966153
95Oxford4.70£1,915£489,173104
96Calderdale4.68£733£188,049254
97West Suffolk4.68£1,157£296,369216
98Bradford4.66£727£187,020511
99North Somerset4.66£1,186£305,699319
100Croydon4.65£1,542£398,276256
101Tendring4.64£1,035£267,872187
102Eastleigh4.63£1,185£307,327157
103Rochdale4.61£795£206,783220
104Basildon4.58£1,379£361,660207
105Swale4.56£1,119£294,533155
106Barnsley4.54£659£174,060281
107Halton4.54£716£189,07696
108Wirral4.53£815£216,079394
109Cumberland4.52£648£172,049327
110Woking4.52£1,652£438,585111
111Oadby and Wigston4.51£1,013£269,27037 thin
112Bracknell Forest4.50£1,469£391,759133
113Gravesham4.50£1,299£346,28889
114North Northamptonshire4.50£962£256,727396
115Telford and Wrekin4.48£823£220,487181
116Wigan4.48£714£191,259333
117York4.48£1,145£306,379211
118Chelmsford4.47£1,432£384,347212
119Enfield4.47£1,744£467,769193
120Worcester4.47£933£250,531133
121Bolsover4.46£684£183,885113
122Broxtowe4.46£964£259,598101
123Erewash4.46£823£221,334138
124Solihull4.46£1,247£335,881227
125Arun4.45£1,204£324,483210
126Fylde4.44£835£225,772141
127Great Yarmouth4.44£793£214,494108
128South Ribble4.44£774£209,347150
129Wandsworth4.44£2,582£697,826344
130Braintree4.42£1,208£327,728176
131Cambridge4.42£1,783£483,667107
132Fenland4.42£819£222,531102
133Spelthorne4.42£1,627£441,481102
134Wyre Forest4.40£854£233,001108
135Bexley4.38£1,521£416,859207
136Canterbury4.38£1,225£335,631161
137Hounslow4.38£1,896£519,086141
138Cheltenham4.36£1,210£332,741168
139Chesterfield4.36£728£200,581134
140Isle of Wight4.36£900£247,551157
141Lewisham4.36£1,803£496,372224
142Tonbridge and Malling4.36£1,456£400,387149
143Adur4.35£1,371£378,11564
144Rugby4.35£1,012£279,162124
145Cherwell4.34£1,278£353,389172
146Redditch4.34£890£246,04482
147Dudley4.33£838£232,304273
148West Northamptonshire4.33£1,061£293,857481
149Wyre4.33£701£194,195164
150Chorley4.32£758£210,396125
151East Staffordshire4.32£811£225,295141
152Gedling4.32£886£246,095131
153Ealing4.31£2,049£570,647206
154Cheshire West and Chester4.29£946£264,907390
155Fareham4.28£1,176£329,654143
156Maidstone4.28£1,269£355,979208
157Rotherham4.26£674£189,967263
158Basingstoke and Deane4.25£1,309£369,653190
159Cornwall4.25£994£280,737658
160Hammersmith and Fulham4.25£2,720£768,609146
161Cannock Chase4.23£819£232,409110
162Havant4.23£1,118£316,991144
163Hinckley and Bosworth4.23£913£258,772149
164Trafford4.23£1,340£379,856240
165Folkestone and Hythe4.22£1,108£314,793152
166Lewes4.22£1,302£370,281121
167North Warwickshire4.22£948£269,71761
168Ashford4.20£1,222£348,907154
169Kirklees4.20£717£204,878458
170Bassetlaw4.19£712£203,942117
171Stockport4.19£1,074£307,229365
172Bedford4.18£1,145£328,497182
173Haringey4.18£2,207£633,263153
174Havering4.18£1,561£447,984212
175High Peak4.16£881£254,285111
176North Lincolnshire4.16£624£179,961205
177Somerset4.16£968£279,198674
178Redbridge4.15£1,708£494,390166
179Central Bedfordshire4.12£1,215£353,935379
180King's Lynn and West Norfolk4.12£915£266,796173
181Warrington4.12£866£252,163222
182Westminster4.10£3,255£952,040153
183Charnwood4.08£934£274,574197
184Westmorland and Furness4.08£781£229,904287
185Brent4.06£1,928£570,047147
186Sutton4.06£1,533£452,957177
187Dacorum4.04£1,584£470,539165
188Huntingdonshire4.02£1,033£308,556191
189Rother4.02£1,149£342,579113
190South Derbyshire4.01£858£256,535151
191Warwick4.01£1,229£367,402186
192Blaby4.00£957£287,262114
193Welwyn Hatfield4.00£1,463£439,26995
194Dover3.99£946£284,621146
195Merton3.99£2,077£624,274165
196West Lancashire3.99£785£235,990104
197Newark and Sherwood3.97£783£236,792152
198Reigate and Banstead3.97£1,609£486,860164
199Runnymede3.97£1,589£480,09182
200Stafford3.97£858£259,245160
201Hertsmere3.96£1,793£543,11376
202South Holland3.96£750£227,476115
203Surrey Heath3.96£1,486£449,90395
204Epping Forest3.95£1,768£537,595161
205Harrow3.95£1,741£528,847112
206North Kesteven3.94£794£241,975166
207Waltham Forest3.94£1,737£528,859238
208Castle Point3.93£1,219£372,61989
209West Lindsey3.93£700£214,011116
210Camden3.92£2,743£839,276129
211East Hertfordshire3.92£1,482£453,715189
212North Hertfordshire3.91£1,373£421,407118
213Amber Valley3.90£774£238,129179
214Breckland3.90£899£276,887165
215Hillingdon3.90£1,540£473,761174
216Sevenoaks3.90£1,740£535,913114
217Test Valley3.88£1,209£373,919139
218Tunbridge Wells3.88£1,474£456,302133
219Wiltshire3.86£1,052£327,404603
220Barnet3.85£1,916£597,671228
221New Forest3.82£1,225£385,018235
222Horsham3.80£1,430£451,368197
223South Kesteven3.80£828£261,472138
224Vale of White Horse3.79£1,314£415,935156
225West Berkshire3.79£1,274£403,721201
226Bromley3.78£1,648£523,445353
227Kingston upon Thames3.78£1,830£580,648144
228Mid Sussex3.78£1,389£440,438180
229Northumberland3.78£656£208,246371
230East Riding of Yorkshire3.77£688£218,965436
231North West Leicestershire3.77£889£283,17998
232South Cambridgeshire3.76£1,384£441,895191
233Windsor and Maidenhead3.76£1,800£574,173153
234Dorset3.75£1,028£329,329497
235Wealden3.74£1,250£400,769173
236Lichfield3.73£1,041£334,665133
237Guildford3.72£1,687£543,785154
238Teignbridge3.72£937£302,141163
239Cheshire East3.71£944£305,649494
240Winchester3.71£1,459£472,100141
241Rochford3.70£1,255£406,774102
242Staffordshire Moorlands3.70£692£224,404107
243East Lindsey3.69£662£215,491161
244Brentwood3.68£1,596£520,960120
245St Albans3.67£1,895£619,075145
246Three Rivers3.66£1,803£590,35381
247Rushcliffe3.65£1,026£337,545159
248South Norfolk3.65£960£316,004161
249Tandridge3.65£1,567£515,231103
250North East Derbyshire3.64£767£252,992119
251North Yorkshire3.64£832£274,086767
252South Staffordshire3.63£925£305,742110
253Epsom and Ewell3.61£1,650£548,64691
254Wokingham3.60£1,499£499,999195
255Mid Suffolk3.58£950£318,487125
256Tewkesbury3.58£969£325,089117
257Rutland3.56£956£321,88052
258Broadland3.55£918£310,135156
259Buckinghamshire3.55£1,440£486,983576
260Torridge3.54£789£267,73981
261Mid Devon3.50£864£296,64577
262North Devon3.50£853£292,549145
263West Oxfordshire3.50£1,260£432,615139
264North Norfolk3.47£838£290,183133
265Cotswold3.46£1,233£427,842124
266Chichester3.45£1,303£452,737160
267Hart3.45£1,379£479,365119
268Maldon3.44£1,131£394,35190
269Stroud3.44£1,001£348,693145
270Bromsgrove3.43£970£338,98692
271Shropshire3.42£794£278,760364
272South Oxfordshire3.41£1,352£475,313153
273East Cambridgeshire3.40£1,037£366,00681
274Herefordshire, County of3.40£825£290,877197
275East Suffolk3.39£808£286,385272
276Forest of Dean3.39£839£296,82393
277Babergh3.37£959£340,99199
278East Hampshire3.36£1,243£443,869141
279Ribble Valley3.36£786£280,41977
280Harborough3.34£947£340,311112
281Richmond upon Thames3.34£2,229£801,662200
282West Devon3.34£829£298,20982
283Stratford-on-Avon3.29£1,092£398,770207
284Wychavon3.29£917£334,371144
285Kensington and Chelsea3.27£3,634£1,331,867107
286Malvern Hills3.24£930£344,86364
287East Devon3.23£921£342,304184
288Mole Valley3.21£1,514£566,28176
289Uttlesford3.19£1,291£485,705100
290South Hams3.15£994£378,814110
291Melton3.13£780£299,34154
292Waverley3.10£1,466£566,869139
293Elmbridge3.01£1,835£731,361149
294Derbyshire Dales2.61£758£348,36782
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) — November 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