Average Rent, House Prices and Buy-to-Let Yield in Basildon (July 2026)
The average private rent in Basildon is £1,421 a month (ONS, July 2026) and the average house price £360,294 (HM Land Registry, June 2026): a gross yield of 4.7%, ranked 112 of 316 local authorities.
Rent in Basildon
The average private rent across all property types is £1,421 a month (+5.8% on a year earlier). The regional median in the East of England is £1,249.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £981 | £11,772 a year |
| 2 bedrooms | £1,266 | £15,192 a year |
| 3 bedrooms | £1,504 | £18,048 a year |
| 4+ bedrooms | £2,119 | £25,428 a year |
The bedroom ladder in Basildon: one to two bedrooms adds 29.1% to the rent, two to three adds 18.8% and three to four-plus adds 40.9% (England-and-Wales medians 27.3%, 20.9% and 40.9%). The biggest step here is three to four or more bedrooms — the size where an extra room earns most, and the first place to look when comparing a conversion against its cost.
House prices in Basildon
The average price paid is £360,294 (-1.0% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £663,580 |
| Semi-detached | £420,370 |
| Terraced | £313,485 |
| Flat | £185,783 |
Rents are outrunning prices in Basildon. Rents moved +5.8% over the year against −1% for prices — a gap of 6.8 points that lifts the gross yield a buyer sees today. Basildon ranks 75th of 316 local authorities for rent growth and 273rd of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Basildon
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £1,266 | £185,783 | 8.2% | 7.5% |
| Terraced house | £1,504 | £313,485 | 5.8% | 5.7% |
| Semi-detached | £1,504 | £420,370 | 4.3% | 4.6% |
| Detached | £2,119 | £663,580 | 3.8% | 4.1% |
On these pairings the strongest gross yield in Basildon is on flats at 8.2%, against an England-and-Wales median of 7.5% for that type; the weakest is detached. Gross figures ignore service charges, which usually make flats the thinnest net yield of the four.
What that means for a landlord
- Gross yield 4.7% (rent × 12 ÷ price) — rank 112 of 316 local authorities; the regional median is 4.2%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
- Tenant affordability: referencing at 30× means a household income of about £42,630 a year for the average rent.
- EPC before 2030: 33% of EPCs lodged in Basildon over the last year were below band C — the level a rented home needs by 1 October 2030 — with 29% at D (EPC ratings in Basildon).
- Council tax: Band D in Basildon is £2,327 for 2026/27 (council tax in Basildon).
Lender maths on the averages. At a 5.5% stress rate and 145% rent cover — the common buy-to-let convention — the average rent of £1,421 supports a loan of about £213,818, which is 59.3% of the average price. That falls short of 75% loan-to-value, so a buyer of an average home here needs a larger deposit or a stronger rent to pass the stress test. Both numbers are conventions rather than rules — change them in the stress test.
Run the numbers for Basildon
- Yield calculator with £360,294 and £1,421 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £1,421 a month
- Rental income tax on £17,052 a year of rent
Nearest neighbours by yield, in the East of England
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Colchester | £1,196 | £298,003 | 4.8% | +2.3% |
| Southend-on-Sea | £1,296 | £325,586 | 4.8% | +4.7% |
| West Suffolk | £1,179 | £296,879 | 4.8% | +3.9% |
| Cambridge | £1,806 | £471,098 | 4.6% | +1.9% |
| Chelmsford | £1,442 | £383,103 | 4.5% | +3.3% |
| Fenland | £840 | £223,168 | 4.5% | +3.7% |
All 316 areas ranked · council tax in Basildon · EPC ratings in Basildon.
Rents: ONS, Price Index of Private Rents (average monthly private rent by local authority, July 2026). Prices: HM Land Registry UK House Price Index (average price, June 2026). Gross yield = rent × 12 ÷ price, our calculation. Contains public sector information licensed under the Open Government Licence v3.0; contains HM Land Registry data © Crown copyright and database right 2026. Rankings and medians are ours, across 316 local authorities.
Asked about this area
£1,421 a month across all property types (ONS Price Index of Private Rents, July 2026), up 5.8% on a year earlier.
£360,294 (HM Land Registry UK House Price Index, June 2026).
About 4.7% gross on the averages — £1,421 rent against a £360,294 price — ranking 112 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 8.2% gross (£1,266 rent on a £185,783 price), against an England-and-Wales median of 7.5% for that type.
Rents +5.8% against prices −1% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £42,630 a year of household income for the average home; the affordability calculator shows 24× and 36× too.
Postcode districts in Basildon
Council tax bands, sold prices and build periods for each district — all CM postcodes · all SS postcodes.