Average Rent, House Prices and Buy-to-Let Yield in Redditch (July 2026)

Rent in Redditch

The average private rent across all property types is £951 a month (+8.5% on a year earlier). The regional median in the West Midlands is £942.

The bedroom ladder in Redditch: one to two bedrooms adds 29.3% to the rent, two to three adds 19.4% and three to four-plus adds 37.4% (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 Redditch

The average price paid is £243,843 (-0.5% on a year earlier).

Rents are outrunning prices in Redditch. Rents moved +8.5% over the year against −0.5% for prices — a gap of 9 points that lifts the gross yield a buyer sees today. Redditch ranks 15th of 316 local authorities for rent growth and 263rd of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.

Gross yield by property type in Redditch

On these pairings the strongest gross yield in Redditch is on flats at 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 4.7% (rent × 12 ÷ price) — rank 119 of 316 local authorities; the regional median is 4.5%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
• Tenant affordability: referencing at 30× means a household income of about £28,530 a year for the average rent.
• EPC before 2030: 33% of EPCs lodged in Redditch over the last year were below band C — the level a rented home needs by 1 October 2030 — with 30% at D (EPC ratings in Redditch).
• Council tax: Band D in Redditch is £2,463 for 2026/27 (council tax in Redditch).

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 £951 supports a loan of about £143,097, which is 58.7% 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 Redditch

• Yield calculator with £243,843 and £951 already filled in
• Mortgage stress test at 75% LTV on the average price
• Rent affordability: the income a tenant needs to reference at £951 a month
• Rental income tax on £11,412 a year of rent

Nearest neighbours by yield, in the West Midlands

All 316 areas ranked · council tax in Redditch · EPC ratings in Redditch.

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.