Average Rent, House Prices and Buy-to-Let Yield in North Kesteven (July 2026)
The average private rent in North Kesteven is £820 a month (ONS, July 2026) and the average house price £243,236 (HM Land Registry, June 2026): a gross yield of 4.0%, ranked 223 of 316 local authorities.
Rent in North Kesteven
The average private rent across all property types is £820 a month (+5.7% on a year earlier). The regional median in the East Midlands is £857.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £577 | £6,924 a year |
| 2 bedrooms | £755 | £9,060 a year |
| 3 bedrooms | £918 | £11,016 a year |
| 4+ bedrooms | £1,303 | £15,636 a year |
The bedroom ladder in North Kesteven: one to two bedrooms adds 30.8% to the rent, two to three adds 21.6% and three to four-plus adds 41.9% (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 North Kesteven
The average price paid is £243,236 (+2.7% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £308,911 |
| Semi-detached | £206,481 |
| Terraced | £169,737 |
| Flat | £117,525 |
Rents are outrunning prices in North Kesteven. Rents moved +5.7% over the year against +2.7% for prices — a gap of 3 points that lifts the gross yield a buyer sees today. North Kesteven ranks 83rd of 316 local authorities for rent growth and 161st of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in North Kesteven
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £755 | £117,525 | 7.7% | 7.5% |
| Terraced house | £918 | £169,737 | 6.5% | 5.7% |
| Semi-detached | £918 | £206,481 | 5.3% | 4.6% |
| Detached | £1,303 | £308,911 | 5.1% | 4.1% |
On these pairings the strongest gross yield in North Kesteven is on flats at 7.7%, 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 4.0% (rent × 12 ÷ price) — rank 223 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 £24,600 a year for the average rent.
- EPC before 2030: 50% of EPCs lodged in North Kesteven over the last year were below band C — the level a rented home needs by 1 October 2030 — with 39% at D (EPC ratings in North Kesteven).
- Council tax: Band D in North Kesteven is £2,338 for 2026/27, and the council charges a 100% second-home premium (council tax in North Kesteven).
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 £820 supports a loan of about £123,386, which is 50.7% 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 North Kesteven
- Yield calculator with £243,236 and £820 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £820 a month
- Rental income tax on £9,840 a year of rent
Nearest neighbours by yield, in the East Midlands
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Charnwood | £958 | £276,865 | 4.2% | +4% |
| Bassetlaw | £720 | £210,596 | 4.1% | +1.6% |
| South Derbyshire | £879 | £258,672 | 4.1% | +4.4% |
| Amber Valley | £794 | £237,857 | 4% | +3.1% |
| South Holland | £768 | £231,036 | 4% | +3.7% |
| South Kesteven | £843 | £255,363 | 4% | +0.8% |
All 316 areas ranked · council tax in North Kesteven · EPC ratings in North Kesteven.
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
£820 a month across all property types (ONS Price Index of Private Rents, July 2026), up 5.7% on a year earlier.
£243,236 (HM Land Registry UK House Price Index, June 2026).
About 4.0% gross on the averages — £820 rent against a £243,236 price — ranking 223 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 7.7% gross (£755 rent on a £117,525 price), against an England-and-Wales median of 7.5% for that type.
Rents +5.7% against prices +2.7% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £24,600 a year of household income for the average home; the affordability calculator shows 24× and 36× too.
Postcode districts in North Kesteven
Council tax bands, sold prices and build periods for each district — all LN postcodes · all NG postcodes.