Average Rent, House Prices and Buy-to-Let Yield in Blaby (July 2026)
The average private rent in Blaby is £994 a month (ONS, July 2026) and the average house price £282,918 (HM Land Registry, June 2026): a gross yield of 4.2%, ranked 195 of 316 local authorities.
Rent in Blaby
The average private rent across all property types is £994 a month (+6.1% on a year earlier). The regional median in the East Midlands is £857.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £709 | £8,508 a year |
| 2 bedrooms | £909 | £10,908 a year |
| 3 bedrooms | £1,078 | £12,936 a year |
| 4+ bedrooms | £1,564 | £18,768 a year |
The bedroom ladder in Blaby: one to two bedrooms adds 28.2% to the rent, two to three adds 18.6% and three to four-plus adds 45.1% (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 Blaby
The average price paid is £282,918 (+0.3% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £386,701 |
| Semi-detached | £259,050 |
| Terraced | £219,219 |
| Flat | £131,320 |
Rents are outrunning prices in Blaby. Rents moved +6.1% over the year against +0.3% for prices — a gap of 5.8 points that lifts the gross yield a buyer sees today. Blaby ranks 59th of 316 local authorities for rent growth and 244th of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Blaby
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £909 | £131,320 | 8.3% | 7.5% |
| Terraced house | £1,078 | £219,219 | 5.9% | 5.7% |
| Semi-detached | £1,078 | £259,050 | 5% | 4.6% |
| Detached | £1,564 | £386,701 | 4.9% | 4.1% |
On these pairings the strongest gross yield in Blaby is on flats at 8.3%, 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 4.2% (rent × 12 ÷ price) — rank 195 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 £29,820 a year for the average rent.
- EPC before 2030: 48% of EPCs lodged in Blaby over the last year were below band C — the level a rented home needs by 1 October 2030 — with 43% at D (EPC ratings in Blaby).
- Council tax: Band D in Blaby is £2,490 for 2026/27 (council tax in Blaby).
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 £994 supports a loan of about £149,567, which is 52.9% 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 Blaby
- Yield calculator with £282,918 and £994 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £994 a month
- Rental income tax on £11,928 a year of rent
Nearest neighbours by yield, in the East Midlands
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Gedling | £899 | £250,279 | 4.3% | +3.2% |
| Hinckley and Bosworth | £933 | £261,584 | 4.3% | +3.8% |
| West Lindsey | £744 | £210,732 | 4.2% | +10.9% |
| Newark and Sherwood | £813 | £233,902 | 4.2% | +4.9% |
| Charnwood | £958 | £276,865 | 4.2% | +4% |
| Bassetlaw | £720 | £210,596 | 4.1% | +1.6% |
All 316 areas ranked · council tax in Blaby · EPC ratings in Blaby.
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
£994 a month across all property types (ONS Price Index of Private Rents, July 2026), up 6.1% on a year earlier.
£282,918 (HM Land Registry UK House Price Index, June 2026).
About 4.2% gross on the averages — £994 rent against a £282,918 price — ranking 195 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 8.3% gross (£909 rent on a £131,320 price), against an England-and-Wales median of 7.5% for that type.
Rents +6.1% against prices +0.3% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £29,820 a year of household income for the average home; the affordability calculator shows 24× and 36× too.