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Where to invest: the best rental yields

Every postcode district of England & Wales ranked by gross rental yield — real sold prices (HM Land Registry) against official rents (ONS), same district, same property type. No asking prices, no hype.

1,934 districts ranked (terraced houses, 2026 data) — national median yield 5.2%.

#DistrictGross yieldMedian priceAvg rentRents risingPeople moving inSold /year
1551OL11Rochdale6.04%£165,000£830/mo+4.9%/yr+0.99%/yr236k people34
1552PL24Cornwall6.04%£187,500£944/mo+3.7%/yr+0.7%/yr583k people39
1553WN7Wigan6.04%£148,000£745/mo+4.5%/yr+0.75%/yr345k people61
1554B20Birmingham6.05%£205,000£1,034/mo+4.4%/yr+0.7%/yr1184k people53
1555CF37Caerphilly6.05%£145,000£731/mo+4.2%/yr-0.09%/yr177k people69
1556LS5Leeds6.06%£227,250£1,147/mo+3.7%/yr+0.93%/yr845k people38
1557PO4Portsmouth6.06%£280,000£1,413/mo+4.5%/yr+0.39%/yr214k people120
1558SK16Tameside6.06%£180,000£909/mo+5.6%/yr+0.75%/yr240k people21
1559BL4Bolton6.07%£165,000£835/mo+5.1%/yr+0.91%/yr310k people37
1560LN4Lincoln6.07%£189,250£957/mo+4.5%/yr+0.65%/yr105k people68
1561LS19Leeds6.07%£240,000£1,213/mo+3.7%/yr+0.93%/yr845k people33
1562NG15Ashfield6.07%£165,750£839/mo+4.5%/yr+0.59%/yr130k people44
1563SA13Neath Port Talbot6.07%£135,000£683/mo+3.7%/yr+0.27%/yr143k people22
1564SO14Southampton6.07%£255,000£1,289/mo+4%/yr+0.73%/yr259k people78
1565B78Lichfield6.08%£199,000£1,009/mo+4.5%/yr+0.94%/yr112k people25
1566BS32South Gloucestershire6.08%£286,500£1,452/mo+5.3%/yr+1.28%/yr306k people27
1567CF46Caerphilly6.08%£143,500£727/mo+4.2%/yr-0.09%/yr177k people20
1568GL4Gloucester6.08%£214,500£1,086/mo+4.9%/yr+0.94%/yr139k people30
1569LA16Westmorland and Furness6.08%£132,250£670/mo+3.7%/yr26
1570OL4Oldham6.08%£175,000£887/mo+5.4%/yr+0.88%/yr252k people59
1571OL2Oldham6.08%£175,000£887/mo+5.4%/yr+0.88%/yr252k people51
1572PL5Plymouth6.08%£191,000£968/mo+3.5%/yr+0.38%/yr272k people76
1573TS10Redcar and Cleveland6.08%£128,500£651/mo+2.5%/yr+0.3%/yr139k people22
1574WF8Wakefield6.08%£152,500£773/mo+3.5%/yr+1.04%/yr368k people71
1575CA14Cumberland6.09%£119,000£604/mo+3.3%/yr48
1576NE40Gateshead6.09%£153,000£777/mo+3.6%/yr+0.1%/yr203k people24
1577TF3Telford and Wrekin6.09%£165,000£838/mo+3.5%/yr+1.39%/yr196k people28
1578BS30South Gloucestershire6.1%£285,000£1,448/mo+5.3%/yr+1.28%/yr306k people44
1579EX2Exeter6.1%£265,000£1,347/mo+3.9%/yr+1.45%/yr138k people58
1580HU12East Riding of Yorkshire6.1%£140,000£712/mo+3.2%/yr+0.59%/yr356k people71
1581WV13Wolverhampton6.1%£167,500£851/mo+5%/yr+1.01%/yr281k people44
1582M19Manchester6.11%£269,100£1,371/mo+5.1%/yr+1.36%/yr590k people39
1583PO3Portsmouth6.11%£275,000£1,400/mo+4.5%/yr+0.39%/yr214k people48
1584SK14Stockport6.11%£193,000£983/mo+4.9%/yr+0.6%/yr304k people70
1585B37Birmingham6.12%£191,500£976/mo+4.4%/yr+0.7%/yr1184k people31
1586BB6Hyndburn6.12%£110,000£561/mo+3.5%/yr+0.64%/yr86k people35
1587BD7Bradford6.12%£126,000£643/mo+3.6%/yr+0.58%/yr564k people37
1588M35Oldham6.12%£173,000£882/mo+5.4%/yr+0.88%/yr252k people24
1589NG4Gedling6.12%£170,000£867/mo+4.3%/yr+0.37%/yr120k people36
1590SN14South Gloucestershire6.12%£283,000£1,443/mo+5.3%/yr+1.28%/yr306k people21
1591WN1Wigan6.12%£142,500£727/mo+4.5%/yr+0.75%/yr345k people77
1592EX4Exeter6.13%£262,500£1,341/mo+3.9%/yr+1.45%/yr138k people50
1593LS6Leeds6.13%£235,000£1,200/mo+3.7%/yr+0.93%/yr845k people37
1594NP20Newport6.13%£170,000£869/mo+5%/yr+1.26%/yr168k people43
1595PL31Cornwall6.13%£182,000£930/mo+3.7%/yr+0.7%/yr583k people80
1596PR3Preston6.13%£165,000£843/mo+3.1%/yr+1.51%/yr163k people31
1597B23Birmingham6.14%£190,000£972/mo+4.4%/yr+0.7%/yr1184k people35
1598CF47Merthyr Tydfil6.14%£130,000£665/mo+4.9%/yr+0.02%/yr59k people127
1599CV7Coventry6.14%£210,000£1,074/mo+4.6%/yr+1.28%/yr369k people75
1600NG9Nottingham6.14%£192,200£984/mo+4.8%/yr+0.65%/yr331k people39

Click any column heading to sort — click again to flip the order. Gross yield before costs and tax. Rents rising = how fast rents have grown per year in that area (official ONS data): fast-rising rents mean many people competing for few rental homes. People moving in = how the local population has changed per year over ten years (ONS): growing means demand for homes is building; shrinking means people are leaving. Sold /year = homes of this type actually sold in that district in the latest full year (HM Land Registry) — more sales means an easier market to buy and later resell in. High yields often mean higher risk — always check the trend and your real cash flow before committing.

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Frequently asked questions

How is the ranking computed?
Gross yield = 12 × average monthly rent (ONS Price Index of Private Rents, local authority level) ÷ median sold price (HM Land Registry) for the same postcode district and property type. Districts with fewer than 20 registered sales a year are excluded, as are implausible outliers.
Is a high yield always a good investment?
No. Very high yields often come with higher tenant turnover, more maintenance and weaker capital growth. Check the price history, local trend and your actual cash flow — this site has free tools for all three.
What do 'Rents rising' and 'People moving in' tell me?
They are demand signals. 'Rents rising' is how fast rents have grown per year in that area (ONS official data) — when rents climb quickly, it usually means many tenants are competing for few homes, so your property is less likely to sit empty. 'People moving in' is the yearly population change over the last ten years (ONS estimates) — a growing population means housing demand is building; a shrinking one means people are leaving, which can weigh on both rents and prices. Neither guarantees anything, but a high yield backed by rising rents and a growing population is a much stronger signal than a high yield alone.
How often is it updated?
The ranking recomputes every 24 hours. Underlying data: HM Land Registry Price Paid Data (monthly releases) and ONS rents (monthly).