Average Rent, House Prices and Buy-to-Let Yield in North Northamptonshire (July 2026)
The average private rent in North Northamptonshire is £988 a month (ONS, July 2026) and the average house price £256,610 (HM Land Registry, June 2026): a gross yield of 4.6%, ranked 129 of 316 local authorities.
Rent in North Northamptonshire
The average private rent across all property types is £988 a month (+5.5% on a year earlier). The regional median in the East Midlands is £857.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £681 | £8,172 a year |
| 2 bedrooms | £878 | £10,536 a year |
| 3 bedrooms | £1,063 | £12,756 a year |
| 4+ bedrooms | £1,522 | £18,264 a year |
The bedroom ladder in North Northamptonshire: one to two bedrooms adds 28.9% to the rent, two to three adds 21.1% and three to four-plus adds 43.2% (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 North Northamptonshire
The average price paid is £256,610 (+3.4% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £409,963 |
| Semi-detached | £252,781 |
| Terraced | £203,525 |
| Flat | £118,316 |
Rents are outrunning prices in North Northamptonshire. Rents moved +5.5% over the year against +3.4% for prices — a gap of 2.1 points that lifts the gross yield a buyer sees today. North Northamptonshire ranks 92nd of 316 local authorities for rent growth and 138th of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in North Northamptonshire
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £878 | £118,316 | 8.9% | 7.5% |
| Terraced house | £1,063 | £203,525 | 6.3% | 5.7% |
| Semi-detached | £1,063 | £252,781 | 5% | 4.6% |
| Detached | £1,522 | £409,963 | 4.5% | 4.1% |
On these pairings the strongest gross yield in North Northamptonshire is on flats at 8.9%, 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 4.6% (rent × 12 ÷ price) — rank 129 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 £29,640 a year for the average rent.
- EPC before 2030: 37% of EPCs lodged in North Northamptonshire over the last year were below band C — the level a rented home needs by 1 October 2030 — with 32% at D (EPC ratings in North Northamptonshire).
- Council tax: Band D in North Northamptonshire is £2,424 for 2026/27 (council tax in North Northamptonshire).
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 £988 supports a loan of about £148,665, which is 57.9% 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 North Northamptonshire
- Yield calculator with £256,610 and £988 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £988 a month
- Rental income tax on £11,856 a year of rent
Nearest neighbours by yield, in the East Midlands
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Ashfield | £793 | £190,024 | 5% | +5% |
| Mansfield | £788 | £192,359 | 4.9% | +4% |
| Oadby and Wigston | £1,025 | £259,734 | 4.7% | +4.1% |
| Erewash | £834 | £217,901 | 4.6% | +2.1% |
| Chesterfield | £754 | £199,439 | 4.5% | +2.4% |
| Bolsover | £710 | £188,025 | 4.5% | +5.5% |
All 316 areas ranked · council tax in North Northamptonshire · EPC ratings in North Northamptonshire.
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
£988 a month across all property types (ONS Price Index of Private Rents, July 2026), up 5.5% on a year earlier.
£256,610 (HM Land Registry UK House Price Index, June 2026).
About 4.6% gross on the averages — £988 rent against a £256,610 price — ranking 129 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 8.9% gross (£878 rent on a £118,316 price), against an England-and-Wales median of 7.5% for that type.
Rents +5.5% against prices +3.4% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £29,640 a year of household income for the average home; the affordability calculator shows 24× and 36× too.