UKPP Rental Yield Index · London

Rental yield in Westminster

4.32%

Average gross rental yield, August 2026 edition · ranked 167 of 294 English councils, and 17 of 32 in London.

  • London 5.05% Westminster is 0.73 points below London.
  • Median English council 4.45% Westminster is 0.13 points below the median English council.

Work out your own yield

The figures here are averages for the whole of Westminster; your own property will differ. Enter your own price and rent — nothing is pre-filled. The same arithmetic as the full rental yield calculator.

The property

Purchase price, and the rent you charge or expect to charge.

Annual running costs

All optional, all yearly. Leave a line blank and it counts as nothing — only the lines you fill in are included.

Leave this blank for the standard net yield, which is measured on the property and ignores how it was financed. Fill it in and the second figure stops being a net yield in the usual sense: it becomes a leveraged, cash-flow view of your own borrowing, and it is not comparable with a net yield quoted anywhere else. The page relabels the result to say which of the two it has given you.

What’s behind the figure

The inputs to Westminster’s gross rental yield
Average monthly rent (ONS)£3,196
Average sale price (HM Land Registry)£887,206
Monthly sales, latest published104

The working: £3,196 × 12 ÷ £887,206 = 4.32%. For rent by number of bedrooms, see rent in Westminster.

Rising: the last twelve months

Twelve-month change: +0.57 points, from 3.75% in Aug 2025 to 4.32% in Aug 2026. It rose because rents fell 0.6% while prices fell 13.9%.

Every edition as a table
Westminster gross rental yield by edition
EditionGross yield
Aug 20253.75%
Sep 20253.74%
Oct 20254.01%
Nov 20254.10%
Dec 20254.28%
Jan 20264.13%
Feb 20264.26%
Mar 20264.49%
Apr 20264.59%
May 20264.54%
Jun 20264.25%
Jul 20264.28%
Aug 20264.32%

Nearby in London ranking

Councils ranked directly above and below Westminster within London. The full UKPP Rental Yield Index ranks every English council.

What this figure is, and isn’t

It is a gross yield: rent over price, before any costs. It models no voids, management, maintenance, tax or finance, and forecasts nothing.

The average rented home and the average sold home are not the same property. The index divides an area’s average rent by its average sale price, so it shows how Westminster compares with other areas — not the return on any particular property.

The yield runs about two months behind rents, because Land Registry prices are published later than ONS rents. How the index is built →

Common questions

What is the average rental yield in Westminster? 4.32% gross, in the August 2026 edition of the UKPP Rental Yield Index: an average monthly rent of £3,196 × 12, divided by an average sale price of £887,206. That ranks 167 of 294 English councils.

Is rental yield in Westminster rising or falling? Twelve-month change: +0.57 points, from 3.75% in Aug 2025 to 4.32% in Aug 2026. It rose because rents fell 0.6% while prices fell 13.9%.

How does Westminster compare with the rest of London? Westminster ranks 17 of 32 councils in London. The region’s own yield is 5.05%, so Westminster is 0.73 points below London; the median English council is 4.45%.

Sources

Rent: ONS, Price Index of Private Rents (August 2026), Open Government Licence v3.0. Price and sales: HM Land Registry, UK House Price Index (August 2026). Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.

The yield is UKPP’s own derived work, the UKPP Rental Yield Index, August 2026 edition, licensed under CC BY 4.0 — download the edition as CSV.

Related

Rent in Westminster — by bedroom and over two years.

PRS Database checker for Westminster — what a landlord here must register.

Westminster in the full Rental Yield Index — every English council, ranked.

Section 24 calculator and buy-to-let deal analyser — for your own numbers after tax and finance.