Rent vs buy calculator · England
Rent vs buy in Babergh: is it cheaper to rent or buy?
Buying leaves you £19,795 better off after 7 years. Owning a 2-bed terraced house costs about £1,692 a month, against £1,089 to rent the same size home.
- After 7 years
- Buy +£19,795
- Difference in net wealth
- Monthly cost to own
- £1,692
- Mortgage £1,289, of which £389 is capital
- Monthly cost to rent
- £1,089
- Rent £916 plus council tax
- Median price
- £250,000
- terraced house
- Cash needed to buy
- £25,000
- £25,000 deposit + £0 SDLT
- Price-to-rent ratio
- 22.7
- Price divided by a year of rent
Renting vs buying in Babergh by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £165,000 | £717 | +£292 | Buy £25,085 |
| 2 bed | £250,000 | £916 | +£602 | Buy £19,795 |
| 3 bed | £292,750 | £1,110 | +£664 | Buy £28,483 |
| 4+ bed | £445,000 | £1,598 | +£1,089 | Buy £24,363 |
Average rent and house prices in Babergh
The ONS average private rent in Babergh is £965 a month (Aug 2026, provisional), up 3.3% on a year earlier. The median price paid is £325,000 (ONS median price paid, year ending Mar 2026).
Default scenario: 2-bed home, 7 years stay, 10% deposit, 4.80% fixed mortgage, monthly difference invested in a S&S ISA at 7.5%. Council tax is £2,081 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Babergh: FAQs
Is it cheaper to rent or buy in Babergh?
For a 2-bed home in Babergh, owning costs about £1,692 a month and renting about £1,089, both including council tax. Buying leaves you £19,795 better off after 7 years. This assumes a 2-bed home, 7 years stay, 10% deposit, 4.80% fixed mortgage, monthly difference invested in a S&S ISA at 7.5%.
What is the average rent in Babergh?
The ONS average private rent in Babergh is £965 a month across all home sizes (Aug 2026, provisional), with £717 for 1 bed, £916 for 2 bed, £1,110 for 3 bed, £1,598 for 4 or more bed. Rents rose 3.3% over the past year.
What is the average house price in Babergh?
The median price paid in Babergh is £325,000 (ONS median price paid, year ending Mar 2026). The calculator uses £250,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Babergh?
A first-time buyer paying £250,000 would pay £0 in SDLT. With a 10% deposit of £25,000, the cash needed on day one is about £25,000.
What is the price-to-rent ratio in Babergh?
About 22.7: the 2-bed price is 22.7 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Babergh?
On the default assumptions, a 3-bed home gives buying its strongest position: buying ahead by £28,483 after 7 years.
How many years until buying pays off in Babergh?
The lead first changes hands in year 2 on the default settings. Staying longer spreads stamp duty and selling costs over more years.
Areas with a similar price-to-rent ratio
Browse every local authority.