Average Rent, House Prices and Buy-to-Let Yield in Ceredigion (July 2026)
The average private rent in Ceredigion is £723 a month (ONS, July 2026) and the average house price £237,176 (HM Land Registry, June 2026): a gross yield of 3.7%, ranked 275 of 316 local authorities.
Rent in Ceredigion
The average private rent across all property types is £723 a month (+5.3% on a year earlier). The regional median in Wales is £754.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £561 | £6,732 a year |
| 2 bedrooms | £663 | £7,956 a year |
| 3 bedrooms | £767 | £9,204 a year |
| 4+ bedrooms | £1,087 | £13,044 a year |
The bedroom ladder in Ceredigion: one to two bedrooms adds 18.2% to the rent, two to three adds 15.7% and three to four-plus adds 41.7% (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 Ceredigion
The average price paid is £237,176 (+1.6% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £319,645 |
| Semi-detached | £202,267 |
| Terraced | £179,305 |
| Flat | £110,099 |
Rents are outrunning prices in Ceredigion. Rents moved +5.3% over the year against +1.6% for prices — a gap of 3.7 points that lifts the gross yield a buyer sees today. Ceredigion ranks 100th of 316 local authorities for rent growth and 209th of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Ceredigion
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £663 | £110,099 | 7.2% | 7.5% |
| Terraced house | £767 | £179,305 | 5.1% | 5.7% |
| Semi-detached | £767 | £202,267 | 4.6% | 4.6% |
| Detached | £1,087 | £319,645 | 4.1% | 4.1% |
On these pairings the strongest gross yield in Ceredigion is on flats at 7.2%, 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 3.7% (rent × 12 ÷ price) — rank 275 of 316 local authorities; the regional median is 4.4%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
- Tenant affordability: referencing at 30× means a household income of about £21,690 a year for the average rent.
- EPC before 2030: 53% of EPCs lodged in Ceredigion over the last year were below band C — the level a rented home needs by 1 October 2030 — with 28% at D (EPC ratings in Ceredigion).
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 £723 supports a loan of about £108,790, which is 45.9% 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 Ceredigion
- Yield calculator with £237,176 and £723 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £723 a month
- Rental income tax on £8,676 a year of rent
Nearest neighbours by yield, in Wales
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Carmarthenshire | £685 | £197,547 | 4.2% | +7% |
| Vale of Glamorgan | £987 | £297,999 | 4% | +4.4% |
| Pembrokeshire | £692 | £210,862 | 3.9% | +4.9% |
| Monmouthshire | £993 | £332,145 | 3.6% | +2.6% |
| Isle of Anglesey | £710 | £239,726 | 3.6% | +4.2% |
| Powys | £622 | £231,004 | 3.2% | +9.7% |
All 316 areas ranked · council tax in Ceredigion · EPC ratings in Ceredigion.
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
£723 a month across all property types (ONS Price Index of Private Rents, July 2026), up 5.3% on a year earlier.
£237,176 (HM Land Registry UK House Price Index, June 2026).
About 3.7% gross on the averages — £723 rent against a £237,176 price — ranking 275 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 7.2% gross (£663 rent on a £110,099 price), against an England-and-Wales median of 7.5% for that type.
Rents +5.3% against prices +1.6% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £21,690 a year of household income for the average home; the affordability calculator shows 24× and 36× too.