UKPP RENTAL YIELD INDEX

UKPP Rental Yield Index

August 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
4.45Median gross yield %
Newcastle upon Tyne — 6.90%Highest gross yield
Derbyshire Dales — 2.88%Lowest gross yield
6Thin-flagged
0Excluded

Highest gross yields

  1. 1Newcastle upon Tyne£1,215 / £211,2556.90%
  2. 2Portsmouth£1,368 / £245,9546.67%
  3. 3Tower Hamlets£2,453 / £447,9506.57%
  4. 4Manchester£1,373 / £256,7606.42%
  5. 5Nottingham£1,014 / £189,5476.42%
  6. 6Southampton£1,257 / £235,7296.40%
  7. 7Bristol, City of£1,883 / £353,5966.39%
  8. 8Salford£1,170 / £223,3236.29%
  9. 9Blackpool£719 / £138,0656.25%
  10. 10Lincoln£942 / £182,2946.20%

Lowest gross yields

  1. 284Herefordshire, County of£821 / £291,4953.38%
  2. 286Mole Valley£1,551 / £552,3443.37%
  3. 287South Hams£1,012 / £360,6163.37%
  4. 288East Devon£968 / £345,2563.36%
  5. 289Forest of Dean£828 / £296,8073.35%
  6. 290Uttlesford£1,289 / £468,1663.30%
  7. 291Malvern Hills£946 / £349,5503.25%
  8. 292Waverley£1,459 / £559,3063.13%
  9. 293Elmbridge£1,891 / £735,5483.09%
  10. 294Derbyshire Dales£819 / £341,7762.88%

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, August 2026. theukpropertyportal.co.uk/rental-yield-index/2026-08. 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 Tyne6.90£1,215£211,255193
2Portsmouth6.67£1,368£245,954157
3Tower Hamlets6.57£2,453£447,950118
4Manchester6.42£1,373£256,760278
5Nottingham6.42£1,014£189,547182
6Southampton6.40£1,257£235,729166
7Bristol, City of6.39£1,883£353,596364
8Salford6.29£1,170£223,323209
9Blackpool6.25£719£138,065119
10Lincoln6.20£942£182,29494
11Gateshead6.18£804£156,036159
12Kingston upon Hull, City of6.10£694£136,593193
13Norwich6.02£1,142£227,535148
14Newham5.96£1,928£388,045110
15Middlesbrough5.86£698£142,86884
16Gosport5.84£1,169£240,09372
17Liverpool5.81£913£188,427267
18Harlow5.75£1,521£317,45359
19Sunderland5.74£707£147,763182
20Stoke-on-Trent5.72£715£150,112147
21Gloucester5.63£1,116£237,705101
22Birmingham5.62£1,099£234,867538
23Lambeth5.61£2,525£540,198207
24Stevenage5.59£1,440£309,12355
25Leeds5.58£1,145£246,385607
26Bath and North East Somerset5.57£1,885£406,084160
27South Tyneside5.55£743£160,51884
28Burnley5.54£631£136,70392
29County Durham5.54£650£140,788456
30Dartford5.52£1,575£342,167103
31Sandwell5.52£953£207,065147
32Barking and Dagenham5.51£1,698£369,88169
33Eastbourne5.49£1,169£255,64298
34Exeter5.47£1,318£289,40385
35Hyndburn5.44£648£142,96456
36Bournemouth, Christchurch and Poole5.41£1,398£310,176363
37Leicester5.41£1,023£226,881142
38Plymouth5.40£1,004£223,229241
39Reading5.39£1,574£350,501130
40Crawley5.38£1,488£332,09771
41Knowsley5.38£858£191,55083
42Boston5.37£806£180,17449 thin
43Coventry5.37£1,020£227,721203
44Slough5.37£1,565£349,39756
45Watford5.37£1,829£408,65970
46Blackburn with Darwen5.33£714£160,727107
47Brighton and Hove5.31£1,808£408,240238
48Ipswich5.28£995£226,17592
49Redcar and Cleveland5.28£644£146,259101
50North East Lincolnshire5.27£643£146,370164
51Bolton5.26£894£203,951190
52Islington5.26£2,868£654,286106
53Wolverhampton5.25£945£215,801115
54Peterborough5.24£1,012£231,634129
55South Gloucestershire5.24£1,464£335,572282
56Tameside5.24£931£213,026140
57Southwark5.22£2,474£569,160153
58Oldham5.20£942£217,214102
59Worthing5.20£1,297£299,075114
60St. Helens5.19£807£186,445145
61Thurrock5.18£1,380£319,969124
62Darlington5.17£689£159,77099
63Greenwich5.17£1,995£462,868157
64Hackney5.15£2,658£619,408101
65Pendle5.15£670£156,01191
66Luton5.13£1,222£285,800108
67Mansfield5.13£790£184,89573
68Sheffield5.13£931£217,603308
69Stockton-on-Tees5.11£735£172,698194
70Walsall5.11£924£216,878147
71Rushmoor5.09£1,385£326,79974
72Sefton5.09£938£221,105201
73Hastings5.06£1,007£238,78072
74Preston5.04£790£188,10394
75Ashfield5.03£795£189,49879
76North Tyneside5.00£857£205,554202
77Thanet5.00£1,118£268,549121
78Swindon4.99£1,096£263,685222
79Milton Keynes4.98£1,344£323,868226
80Torbay4.98£920£221,469128
81Medway4.97£1,232£297,757235
82Great Yarmouth4.93£841£204,63076
83Oxford4.93£1,963£478,080100
84Derby4.91£860£210,076194
85Hartlepool4.90£558£136,62569
86Nuneaton and Bedworth4.90£925£226,73086
87Broxbourne4.88£1,685£414,69277
88Colchester4.88£1,197£294,210182
89Rochdale4.86£855£211,022153
90Lancaster4.85£823£203,781117
91Tendring4.85£1,053£260,636156
92Wakefield4.85£806£199,283269
93Barnsley4.83£696£173,053220
94Rossendale4.83£811£201,48358
95Bradford4.82£745£185,297393
96Doncaster4.82£694£172,770253
97Southend-on-Sea4.81£1,306£326,132136
98Newcastle-under-Lyme4.80£833£208,26983
99West Suffolk4.80£1,183£295,860135
100Croydon4.79£1,582£396,718216
101Bury4.78£969£243,107163
102Oadby and Wigston4.77£1,024£257,50445 thin
103Tamworth4.76£925£232,95653
104Halton4.74£749£189,43578
105Redditch4.74£976£247,04271
106Cumberland4.73£681£172,654265
107Wyre4.72£743£188,83396
108North Northamptonshire4.71£992£252,884341
109Folkestone and Hythe4.68£1,178£302,106120
110Gravesham4.68£1,336£342,49879
111Basildon4.67£1,424£366,218134
112Eastleigh4.66£1,214£312,753132
113Telford and Wrekin4.66£861£221,853128
114Isle of Wight4.65£951£245,670141
115Wirral4.65£859£221,673266
116Bolsover4.62£706£183,19869
117Enfield4.62£1,827£474,855138
118North Somerset4.62£1,209£314,307194
119Solihull4.62£1,279£332,022189
120Spelthorne4.62£1,696£440,81287
121Arun4.61£1,231£320,505152
122Cheltenham4.61£1,261£328,178113
123Wigan4.61£746£194,393237
124York4.61£1,199£311,865195
125Cambridge4.60£1,805£470,36058
126Calderdale4.59£756£197,651158
127Chelmsford4.58£1,439£376,682151
128Erewash4.58£834£218,50697
129Canterbury4.57£1,280£336,427130
130Wandsworth4.55£2,632£694,210218
131Worcester4.55£977£257,87179
132South Ribble4.54£805£212,56398
133Fylde4.53£870£230,34078
134Rugby4.52£1,049£278,324113
135Lewisham4.51£1,829£486,416166
136Swale4.51£1,114£296,578124
137Broxtowe4.50£942£251,23196
138Cannock Chase4.50£867£231,33372
139Fenland4.50£842£224,770101
140Kirklees4.50£782£208,427300
141Chesterfield4.49£758£202,51991
142Hammersmith and Fulham4.49£2,825£754,825107
143West Northamptonshire4.49£1,084£289,726387
144Bracknell Forest4.48£1,462£391,521104
145East Staffordshire4.48£858£229,876103
146Adur4.46£1,410£378,99050
147Bexley4.45£1,537£414,833135
148Hounslow4.44£1,952£528,051132
149Woking4.44£1,620£437,62892
150Gedling4.43£904£245,02897
151Chorley4.42£798£216,624103
152Braintree4.41£1,213£330,089148
153Maidstone4.41£1,297£352,878150
154Tonbridge and Malling4.41£1,489£405,507115
155Cherwell4.40£1,304£355,981121
156Cheshire West and Chester4.40£991£270,534329
157Dudley4.40£858£233,819191
158Ashford4.39£1,248£340,991116
159North Warwickshire4.39£982£268,33757
160Cornwall4.37£1,000£274,570513
161Brent4.35£2,014£555,68799
162North Lincolnshire4.35£653£180,345163
163Dover4.33£1,021£282,94591
164Hinckley and Bosworth4.33£934£258,960102
165Havant4.32£1,151£319,869102
166Somerset4.32£1,016£282,498467
167Westminster4.32£3,196£887,206104
168Rotherham4.31£686£191,052197
169Ealing4.29£2,109£589,875145
170Redbridge4.28£1,726£484,378120
171Lewes4.27£1,333£374,305101
172Bedford4.26£1,173£330,462132
173Charnwood4.26£960£270,351181
174Camden4.24£2,819£798,486104
175Castle Point4.24£1,262£357,24172
176Dacorum4.24£1,594£450,935125
177King's Lynn and West Norfolk4.24£941£266,248123
178Westmorland and Furness4.24£816£231,161254
179Wyre Forest4.24£825£233,74075
180High Peak4.23£937£265,63575
181Central Bedfordshire4.22£1,250£355,263282
182Fareham4.22£1,176£334,303112
183Havering4.22£1,565£444,572171
184West Lindsey4.22£741£210,754117
185Basingstoke and Deane4.21£1,309£373,551193
186Haringey4.21£2,219£633,221100
187Stockport4.21£1,119£319,016265
188Merton4.18£2,172£623,791120
189Breckland4.17£928£266,835119
190Epping Forest4.17£1,844£530,65385
191Trafford4.17£1,369£393,897177
192Rother4.16£1,165£335,68088
193Warrington4.16£899£259,224186
194Newark and Sherwood4.15£818£236,52499
195Stafford4.15£901£260,446123
196Amber Valley4.13£799£232,141124
197Bassetlaw4.13£727£211,48894
198Huntingdonshire4.13£1,057£306,954174
199South Holland4.11£775£226,15699
200Blaby4.08£998£293,41281
201North Kesteven4.08£824£242,384133
202South Derbyshire4.08£882£259,537126
203North Hertfordshire4.07£1,434£422,835104
204Sutton4.07£1,556£458,954122
205Welwyn Hatfield4.07£1,512£446,04375
206East Lindsey4.06£704£208,075112
207Tunbridge Wells4.06£1,533£452,84573
208Reigate and Banstead4.05£1,640£485,856139
209Sevenoaks4.05£1,809£535,81093
210Tewkesbury4.05£1,093£323,49788
211East Hertfordshire4.03£1,533£455,973108
212Runnymede4.03£1,586£472,50786
213Harrow4.01£1,778£532,17377
214Horsham4.01£1,474£441,491132
215Warwick4.01£1,241£370,924151
216West Lancashire4.01£805£240,850109
217West Berkshire4.00£1,338£401,830110
218Winchester3.99£1,508£453,188108
219Test Valley3.98£1,235£372,28991
220Waltham Forest3.98£1,763£532,212134
221Wealden3.98£1,262£380,679192
222Hertsmere3.97£1,829£553,00865
223Wiltshire3.96£1,082£328,102449
224East Riding of Yorkshire3.95£724£219,871320
225Mid Sussex3.95£1,423£431,904141
226Barnet3.94£1,949£592,892163
227Surrey Heath3.94£1,503£457,98186
228Vale of White Horse3.94£1,352£411,712100
229Hillingdon3.91£1,570£482,137156
230Northumberland3.91£695£213,113300
231Lichfield3.90£1,103£339,17681
232Staffordshire Moorlands3.89£728£224,48158
233Bromley3.88£1,684£520,253235
234New Forest3.88£1,244£384,564172
235North West Leicestershire3.88£914£282,39799
236Tandridge3.88£1,637£506,77453
237Guildford3.87£1,736£537,66091
238Teignbridge3.87£961£298,159105
239Dorset3.86£1,056£328,589340
240Rochford3.85£1,300£405,34066
241South Cambridgeshire3.83£1,408£441,41098
242South Norfolk3.83£981£307,735124
243South Kesteven3.82£845£265,305131
244Rushcliffe3.81£1,047£329,52896
245Cheshire East3.79£985£311,897399
246Mid Suffolk3.79£1,005£317,97984
247North Yorkshire3.77£849£270,080588
248West Oxfordshire3.76£1,305£416,12389
249North East Derbyshire3.75£791£253,01285
250Rutland3.75£961£307,40627 thin
251Chichester3.73£1,333£428,364116
252Brentwood3.72£1,620£522,67281
253South Staffordshire3.72£958£308,69566
254Buckinghamshire3.71£1,475£477,450401
255Three Rivers3.71£1,826£590,23263
256Windsor and Maidenhead3.70£1,800£583,688105
257Kensington and Chelsea3.68£3,690£1,204,07274
258Mid Devon3.68£878£285,98258
259East Cambridgeshire3.66£1,038£340,05974
260East Suffolk3.64£842£277,949241
261Kingston upon Thames3.64£1,811£597,587103
262North Norfolk3.63£865£286,315103
263North Devon3.62£846£280,44198
264Broadland3.59£938£313,806124
265Hart3.59£1,414£472,755102
266Bromsgrove3.58£992£332,68378
267Epsom and Ewell3.58£1,690£566,16362
268Wokingham3.58£1,466£491,944155
269South Oxfordshire3.57£1,402£471,42781
270Shropshire3.56£823£277,521327
271Wychavon3.55£954£322,210109
272Torridge3.54£789£267,17450
273West Devon3.54£846£286,92145 thin
274St Albans3.53£1,931£655,974133
275Stroud3.53£1,041£353,41692
276Cotswold3.52£1,252£426,29690
277Babergh3.50£965£331,20769
278Stratford-on-Avon3.48£1,149£396,711124
279Maldon3.47£1,139£393,90946 thin
280Ribble Valley3.45£818£284,52962
281East Hampshire3.44£1,262£440,599103
282Richmond upon Thames3.44£2,333£813,931138
283Harborough3.42£973£341,70689
284Herefordshire, County of3.38£821£291,495156
285Melton3.38£806£286,46939 thin
286Mole Valley3.37£1,551£552,34467
287South Hams3.37£1,012£360,61691
288East Devon3.36£968£345,256182
289Forest of Dean3.35£828£296,80775
290Uttlesford3.30£1,289£468,16680
291Malvern Hills3.25£946£349,55069
292Waverley3.13£1,459£559,306105
293Elmbridge3.09£1,891£735,548125
294Derbyshire Dales2.88£819£341,77666
Download full table (CSV)

Regional breakdown

RankRegionGross yield %Avg monthly rentAvg priceSales volume
1North East5.71£788£165,640—
2North West5.28£969£220,393—
3London5.05£2,332£554,430—
4West Midlands4.99£982£236,039—
5Yorkshire and The Humber4.96£865£209,266—
6South West4.91£1,245£304,139—
7East of England4.58£1,289£337,848—
8East Midlands4.57£922£241,955—
9South East4.50£1,426£379,953—

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 21 October 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) — August 2026
    2. ← Rent input: ONS (Price Index of Private Rents), as at 21 October 2026
    3. ← Price input: HM Land Registry (UK House Price Index), as at 23 October 2026