Average Rent, House Prices and Buy-to-Let Yield in Monmouthshire (July 2026)
The average private rent in Monmouthshire is £993 a month (ONS, July 2026) and the average house price £332,145 (HM Land Registry, June 2026): a gross yield of 3.6%, ranked 283 of 316 local authorities.
Rent in Monmouthshire
The average private rent across all property types is £993 a month (+2.6% on a year earlier). The regional median in Wales is £754.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £729 | £8,748 a year |
| 2 bedrooms | £920 | £11,040 a year |
| 3 bedrooms | £1,064 | £12,768 a year |
| 4+ bedrooms | £1,492 | £17,904 a year |
The bedroom ladder in Monmouthshire: one to two bedrooms adds 26.2% to the rent, two to three adds 15.7% and three to four-plus adds 40.2% (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 Monmouthshire
The average price paid is £332,145 (-0.7% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £493,510 |
| Semi-detached | £299,761 |
| Terraced | £235,394 |
| Flat | £151,351 |
Rents are outrunning prices in Monmouthshire. Rents moved +2.6% over the year against −0.7% for prices — a gap of 3.3 points that lifts the gross yield a buyer sees today. Monmouthshire ranks 227th of 316 local authorities for rent growth and 265th of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Monmouthshire
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £920 | £151,351 | 7.3% | 7.5% |
| Terraced house | £1,064 | £235,394 | 5.4% | 5.7% |
| Semi-detached | £1,064 | £299,761 | 4.3% | 4.6% |
| Detached | £1,492 | £493,510 | 3.6% | 4.1% |
On these pairings the strongest gross yield in Monmouthshire is on flats at 7.3%, 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 3.6% (rent × 12 ÷ price) — rank 283 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 £29,790 a year for the average rent.
- EPC before 2030: 40% of EPCs lodged in Monmouthshire over the last year were below band C — the level a rented home needs by 1 October 2030 — with 27% at D (EPC ratings in Monmouthshire).
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 £993 supports a loan of about £149,417, which is 45% 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 Monmouthshire
- Yield calculator with £332,145 and £993 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £993 a month
- Rental income tax on £11,916 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% |
| Ceredigion | £723 | £237,176 | 3.7% | +5.3% |
| 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 Monmouthshire · EPC ratings in Monmouthshire.
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
£993 a month across all property types (ONS Price Index of Private Rents, July 2026), up 2.6% on a year earlier.
£332,145 (HM Land Registry UK House Price Index, June 2026).
About 3.6% gross on the averages — £993 rent against a £332,145 price — ranking 283 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 7.3% gross (£920 rent on a £151,351 price), against an England-and-Wales median of 7.5% for that type.
Rents +2.6% against prices −0.7% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £29,790 a year of household income for the average home; the affordability calculator shows 24× and 36× too.