UKPP RENTAL YIELD INDEX

UKPP Rental Yield Index

June 2026

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
4.46Median gross yield %
Newcastle upon Tyne — 6.91%Highest gross yield
Derbyshire Dales — 2.78%Lowest gross yield
6Thin-flagged
0Excluded

Highest gross yields

  1. 1Newcastle upon Tyne£1,206 / £209,5206.91%
  2. 2Manchester£1,358 / £250,3646.51%
  3. 3Portsmouth£1,367 / £251,8146.51%
  4. 4Southampton£1,253 / £235,7796.38%
  5. 5Nottingham£1,009 / £190,1716.37%
  6. 6Blackpool£710 / £134,2046.35%
  7. 7Bristol, City of£1,883 / £356,5316.34%
  8. 8Tower Hamlets£2,429 / £460,5216.33%
  9. 9Lincoln£948 / £183,5756.20%
  10. 10Kingston upon Hull, City of£690 / £134,2076.17%

Lowest gross yields

  1. 284East Devon£970 / £343,2063.39%
  2. 285Harborough£962 / £343,4883.36%
  3. 286Herefordshire, County of£809 / £289,0223.36%
  4. 288South Hams£1,005 / £362,3363.33%
  5. 289Kensington and Chelsea£3,596 / £1,324,0733.26%
  6. 290Malvern Hills£940 / £349,3213.23%
  7. 291Uttlesford£1,286 / £479,1773.22%
  8. 292Waverley£1,448 / £564,5853.08%
  9. 293Elmbridge£1,852 / £734,6173.03%
  10. 294Derbyshire Dales£807 / £348,4862.78%

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.

Cite this data

Cite this edition as

UK Property Portal — UKPP Rental Yield Index, England, June 2026. theukpropertyportal.co.uk/rental-yield-index/2026-06. Licensed under CC BY 4.0.

Free to reuse, including commercially, with attribution to UK Property Portal and a link to this page — CC BY 4.0. The index is UK Property Portal’s own derived work; the official inputs it is computed from carry their own licences, set out in the methodology.

Full ranked table — every included local authority

RankLocal authorityGross yield %Avg monthly rentAvg priceSales volume
1Newcastle upon Tyne6.91£1,206£209,520193
2Manchester6.51£1,358£250,364278
3Portsmouth6.51£1,367£251,814157
4Southampton6.38£1,253£235,779166
5Nottingham6.37£1,009£190,171182
6Blackpool6.35£710£134,204119
7Bristol, City of6.34£1,883£356,531364
8Tower Hamlets6.33£2,429£460,521118
9Lincoln6.20£948£183,57594
10Kingston upon Hull, City of6.17£690£134,207193
11Middlesbrough6.11£702£137,77784
12Salford6.05£1,164£231,055209
13Gateshead6.04£793£157,623159
14Norwich6.01£1,149£229,281148
15Liverpool5.90£905£184,176267
16Gosport5.89£1,162£236,80672
17Sunderland5.86£703£143,941182
18Newham5.85£1,928£395,499110
19Harlow5.77£1,517£315,50159
20Stoke-on-Trent5.70£707£148,826147
21Birmingham5.63£1,090£232,195538
22County Durham5.62£641£136,971456
23Bath and North East Somerset5.61£1,882£402,516160
24Exeter5.60£1,317£282,15685
25Eastbourne5.59£1,164£250,08098
26Burnley5.54£625£135,49292
27Gloucester5.53£1,109£240,485101
28Lambeth5.51£2,523£549,573207
29Leeds5.51£1,135£247,348607
30Slough5.51£1,572£342,32656
31Watford5.49£1,817£397,18870
32Barking and Dagenham5.47£1,693£371,72369
33Coventry5.47£1,018£223,306203
34Sandwell5.45£944£207,918147
35Leicester5.42£1,025£226,865142
36Boston5.41£800£177,36549 thin
37Plymouth5.40£998£221,828241
38Bournemouth, Christchurch and Poole5.39£1,402£311,915363
39Hyndburn5.39£642£142,84656
40South Tyneside5.38£731£163,13084
41Brighton and Hove5.37£1,812£404,798238
42Dartford5.37£1,566£349,746103
43Ipswich5.37£990£221,12192
44Stevenage5.33£1,430£322,19555
45Pendle5.31£658£148,59991
46Knowsley5.30£829£187,84883
47Reading5.26£1,573£358,565130
48Crawley5.24£1,484£340,15271
49Worthing5.23£1,306£299,446114
50Bolton5.20£882£203,379190
51Hackney5.20£2,635£608,016101
52Darlington5.19£682£157,72799
53Stockton-on-Tees5.18£737£170,757194
54Tameside5.18£923£213,728140
55Wolverhampton5.18£938£217,194115
56Blackburn with Darwen5.16£712£165,465107
57Hartlepool5.14£556£129,89769
58South Gloucestershire5.13£1,454£340,219282
59Hastings5.11£1,006£236,39772
60Oldham5.11£921£216,217102
61St. Helens5.11£798£187,273145
62Greenwich5.10£1,967£462,426157
63Luton5.08£1,219£287,853108
64Walsall5.08£912£215,531147
65Sheffield5.06£925£219,400308
66Peterborough5.05£993£236,125129
67Redcar and Cleveland5.04£644£153,357101
68Thurrock5.04£1,372£326,916124
69Oxford5.03£1,961£468,162100
70Rushmoor5.03£1,384£330,10874
71Derby5.01£855£204,985194
72Medway5.00£1,234£296,211235
73North East Lincolnshire4.99£623£149,919164
74Preston4.98£786£189,27694
75Milton Keynes4.96£1,340£324,290226
76North Tyneside4.96£846£204,785202
77Rossendale4.96£807£195,07058
78Sefton4.96£932£225,505201
79Swindon4.96£1,091£263,698222
80Ashfield4.94£790£192,04679
81Broxbourne4.94£1,675£406,55877
82Islington4.94£2,843£691,206106
83Torbay4.93£913£222,453128
84Thanet4.91£1,110£271,554121
85Mansfield4.90£784£191,90073
86Southwark4.90£2,402£588,057153
87Bradford4.88£750£184,494393
88Great Yarmouth4.86£839£207,14676
89Bury4.85£968£239,701163
90Colchester4.85£1,203£297,595182
91Lancaster4.85£811£200,710117
92Croydon4.84£1,579£391,718216
93Doncaster4.83£690£171,462253
94Wakefield4.82£797£198,385269
95Tendring4.80£1,051£262,570156
96Nuneaton and Bedworth4.79£918£229,87986
97Oadby and Wigston4.79£1,026£256,77445 thin
98West Suffolk4.79£1,178£294,874135
99Southend-on-Sea4.78£1,292£324,108136
100Rochdale4.76£836£210,733153
101Tamworth4.74£919£232,79053
102Eastleigh4.73£1,213£307,885132
103Calderdale4.72£752£191,225158
104Isle of Wight4.71£948£241,341141
105Wirral4.70£845£215,854266
106Barnsley4.69£686£175,429220
107Basildon4.69£1,416£362,409134
108Newcastle-under-Lyme4.69£827£211,76483
109Cumberland4.68£670£171,947265
110Gravesham4.64£1,330£344,24979
111Spelthorne4.64£1,637£423,02787
112Telford and Wrekin4.63£859£222,752128
113Erewash4.62£835£216,74497
114Halton4.62£741£192,60278
115North Northamptonshire4.62£985£256,107341
116Bolsover4.61£712£185,26769
117Cheltenham4.61£1,254£326,314113
118York4.61£1,186£308,654195
119Cambridge4.60£1,804£471,01258
120Folkestone and Hythe4.60£1,172£305,987120
121Chelmsford4.59£1,447£378,576151
122Enfield4.59£1,803£470,959138
123North Somerset4.59£1,201£313,886194
124Arun4.57£1,227£321,920152
125Kirklees4.57£780£204,859300
126Wigan4.57£744£195,248237
127Worcester4.57£969£254,33279
128Canterbury4.56£1,279£336,501130
129Redditch4.56£928£244,46771
130Rugby4.56£1,042£274,342113
131Wandsworth4.54£2,611£690,049218
132Wyre4.54£732£193,35896
133Bexley4.53£1,531£405,755135
134Hammersmith and Fulham4.53£2,778£735,628107
135Woking4.53£1,618£428,54292
136Brent4.52£2,010£533,74299
137Hounslow4.52£1,941£514,798132
138South Ribble4.52£796£211,37198
139East Staffordshire4.51£844£224,735103
140Solihull4.51£1,263£336,074189
141Fenland4.50£838£223,449101
142Broxtowe4.49£950£254,03196
143Chesterfield4.48£744£199,31791
144Bracknell Forest4.47£1,471£394,644104
145Dover4.47£1,029£276,16591
146Fylde4.47£864£232,19478
147Braintree4.46£1,224£328,966148
148Maidstone4.46£1,292£347,572150
149Chorley4.45£785£211,690103
150Lewisham4.45£1,825£492,091166
151West Northamptonshire4.43£1,075£290,898387
152Adur4.40£1,393£380,23650
153Cannock Chase4.39£854£233,69772
154Cheshire West and Chester4.39£981£268,189329
155Swale4.39£1,095£299,079124
156Cherwell4.38£1,291£353,869121
157Dudley4.38£852£233,281191
158Ealing4.37£2,067£567,502145
159Cornwall4.36£1,005£276,401513
160Fareham4.36£1,201£330,194112
161Tonbridge and Malling4.35£1,481£408,279115
162High Peak4.34£918£254,01375
163Gedling4.33£896£248,10497
164King's Lynn and West Norfolk4.33£938£259,661123
165Ashford4.31£1,244£345,983116
166North Warwickshire4.31£974£271,06857
167Lewes4.30£1,323£369,104101
168North Lincolnshire4.30£652£181,906163
169Rotherham4.28£680£190,600197
170Somerset4.27£1,000£281,150467
171Havant4.26£1,140£320,938102
172Hinckley and Bosworth4.26£929£261,469102
173Westmorland and Furness4.26£808£227,864254
174Basingstoke and Deane4.25£1,310£370,258193
175Bedford4.25£1,169£330,132132
176Westminster4.25£3,168£894,417104
177Central Bedfordshire4.23£1,250£354,672282
178Redbridge4.23£1,724£489,363120
179Stockport4.23£1,105£313,671265
180Wyre Forest4.21£824£234,94475
181Merton4.19£2,134£611,749120
182West Lindsey4.19£737£210,883117
183Haringey4.18£2,210£634,318100
184Dacorum4.17£1,579£453,872125
185Havering4.17£1,563£449,340171
186Sutton4.17£1,551£445,839122
187Blaby4.16£990£285,75481
188Castle Point4.16£1,255£361,86872
189Charnwood4.15£957£276,839181
190Epping Forest4.14£1,843£534,32385
191Stafford4.13£896£260,413123
192Trafford4.13£1,365£396,351177
193West Lancashire4.12£802£233,379109
194Warrington4.11£890£259,781186
195Bassetlaw4.10£720£210,85094
196Huntingdonshire4.10£1,049£306,814174
197Reigate and Banstead4.10£1,638£478,917139
198Breckland4.08£923£271,528119
199North Hertfordshire4.08£1,424£419,128104
200Tandridge4.08£1,632£479,97853
201Tunbridge Wells4.08£1,521£447,33073
202South Derbyshire4.07£876£258,274126
203Newark and Sherwood4.05£804£237,99999
204Rother4.05£1,166£345,55888
205Camden4.04£2,791£828,563104
206Harrow4.04£1,766£524,57577
207Waltham Forest4.04£1,765£524,380134
208Warwick4.04£1,239£367,580151
209North Kesteven4.02£818£244,157133
210Welwyn Hatfield4.01£1,496£448,01375
211Amber Valley4.00£793£237,676124
212Horsham3.99£1,460£439,595132
213Sevenoaks3.99£1,798£540,99993
214Mid Sussex3.98£1,418£427,423141
215South Holland3.98£765£230,70199
216Surrey Heath3.97£1,508£455,40186
217Guildford3.96£1,731£524,11291
218Lichfield3.96£1,098£332,51581
219South Kesteven3.96£841£254,966131
220East Riding of Yorkshire3.95£724£220,121320
221Hillingdon3.95£1,561£474,664156
222Test Valley3.95£1,226£372,78091
223Wealden3.95£1,266£384,434192
224East Lindsey3.94£695£211,736112
225East Hertfordshire3.93£1,505£459,894108
226Runnymede3.93£1,576£481,52386
227Barnet3.91£1,939£595,331163
228Bromley3.91£1,678£515,264235
229Cheshire East3.90£982£301,981399
230New Forest3.90£1,238£380,669172
231Northumberland3.90£687£211,430300
232South Cambridgeshire3.90£1,407£433,08998
233Wiltshire3.89£1,069£329,728449
234Rutland3.88£962£297,83327 thin
235Dorset3.87£1,046£324,089340
236Vale of White Horse3.87£1,336£414,694100
237West Berkshire3.87£1,303£403,546110
238Tewkesbury3.86£1,053£327,26088
239Hertsmere3.84£1,806£563,84265
240North West Leicestershire3.84£907£283,78199
241Winchester3.83£1,504£470,740108
242South Norfolk3.81£981£309,373124
243Teignbridge3.79£954£302,168105
244Brentwood3.78£1,615£513,14081
245Rochford3.78£1,297£411,67166
246Rushcliffe3.78£1,037£329,09896
247Three Rivers3.78£1,814£576,54163
248Mid Suffolk3.75£998£319,45084
249Windsor and Maidenhead3.75£1,814£580,076105
250Staffordshire Moorlands3.74£719£230,44658
251West Oxfordshire3.72£1,284£414,62389
252North East Derbyshire3.70£780£253,14485
253North Yorkshire3.69£838£272,255588
254Chichester3.67£1,326£433,864116
255Kingston upon Thames3.66£1,807£592,967103
256Torridge3.66£787£258,12950
257Broadland3.64£939£309,943124
258South Staffordshire3.64£947£311,98366
259Buckinghamshire3.63£1,476£487,724401
260East Suffolk3.62£835£276,638241
261Mid Devon3.61£875£290,53058
262Cotswold3.60£1,251£417,41790
263West Devon3.58£839£281,22745 thin
264Epsom and Ewell3.57£1,691£568,77062
265North Devon3.57£843£283,21398
266Babergh3.56£970£327,28569
267St Albans3.56£1,931£650,429133
268Hart3.55£1,418£479,935102
269Wokingham3.55£1,476£498,681155
270East Cambridgeshire3.53£1,029£349,46574
271Maldon3.53£1,146£389,40546 thin
272Stroud3.53£1,039£352,74192
273Bromsgrove3.51£982£335,54978
274South Oxfordshire3.51£1,384£473,74581
275Stratford-on-Avon3.50£1,140£390,441124
276Shropshire3.47£817£282,306327
277Wychavon3.47£944£326,698109
278North Norfolk3.46£862£298,885103
279Ribble Valley3.44£813£283,89762
280Forest of Dean3.43£824£288,55875
281Mole Valley3.43£1,546£540,23767
282Richmond upon Thames3.41£2,310£812,871138
283East Hampshire3.40£1,263£445,773103
284East Devon3.39£970£343,206182
285Harborough3.36£962£343,48889
286Herefordshire, County of3.36£809£289,022156
287Melton3.33£794£286,27539 thin
288South Hams3.33£1,005£362,33691
289Kensington and Chelsea3.26£3,596£1,324,07374
290Malvern Hills3.23£940£349,32169
291Uttlesford3.22£1,286£479,17780
292Waverley3.08£1,448£564,585105
293Elmbridge3.03£1,852£734,617125
294Derbyshire Dales2.78£807£348,48666
Download full table (CSV)

Regional breakdown

RankRegionGross yield %Avg monthly rentAvg priceSales volume
1North East5.66£781£165,550—
2North West5.24£961£219,922—
3London4.99£2,302£553,870—
4Yorkshire and The Humber4.97£862£207,948—
5West Midlands4.96£971£234,731—
6South West4.87£1,237£304,562—
7East Midlands4.58£918£240,457—
8East of England4.54£1,281£338,707—
9South East4.46£1,415£380,380—

Methodology

How this is calculated — full methodology, permanent link ↗

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

Sources: ONS (Price Index of Private Rents) (as at 16 September 2026); HM Land Registry (UK House Price Index) (as at 23 October 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 how an area's gross yield compares to others — NOT the return achievable on any specific property you hold.
    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) — June 2026
    2. ← Rent input: ONS (Price Index of Private Rents), as at 16 September 2026
    3. ← Price input: HM Land Registry (UK House Price Index), as at 23 October 2026