Rent vs buy calculator · England
Rent vs buy in Bath and North East Somerset: is it cheaper to rent or buy?
Buying leaves you £114,395 better off after 7 years. Owning a 2-bed terraced house costs about £2,384 a month, against £1,700 to rent the same size home.
- After 7 years
- Buy +£114,395
- Difference in net wealth
- Monthly cost to own
- £2,384
- Mortgage £1,882, of which £568 is capital
- Monthly cost to rent
- £1,700
- Rent £1,523 plus council tax
- Median price
- £365,000
- terraced house
- Cash needed to buy
- £39,750
- £36,500 deposit + £3,250 SDLT
- Price-to-rent ratio
- 20.0
- Price divided by a year of rent
Renting vs buying in Bath and North East Somerset by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £277,500 | £1,207 | +£476 | Buy £95,750 |
| 2 bed | £365,000 | £1,523 | +£684 | Buy £114,395 |
| 3 bed | £395,000 | £1,811 | +£576 | Buy £143,022 |
| 4+ bed | £590,000 | £2,535 | +£1,020 | Buy £175,521 |
Average rent and house prices in Bath and North East Somerset
The ONS average private rent in Bath and North East Somerset is £1,885 a month (Aug 2026, provisional), up 7.4% on a year earlier. The median price paid is £400,000 (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 £2,119 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Bath and North East Somerset: FAQs
Is it cheaper to rent or buy in Bath and North East Somerset?
For a 2-bed home in Bath and North East Somerset, owning costs about £2,384 a month and renting about £1,700, both including council tax. Buying leaves you £114,395 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 Bath and North East Somerset?
The ONS average private rent in Bath and North East Somerset is £1,885 a month across all home sizes (Aug 2026, provisional), with £1,207 for 1 bed, £1,523 for 2 bed, £1,811 for 3 bed, £2,535 for 4 or more bed. Rents rose 7.4% over the past year.
What is the average house price in Bath and North East Somerset?
The median price paid in Bath and North East Somerset is £400,000 (ONS median price paid, year ending Mar 2026). The calculator uses £365,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Bath and North East Somerset?
A first-time buyer paying £365,000 would pay £3,250 in SDLT. With a 10% deposit of £36,500, the cash needed on day one is about £39,750.
What is the price-to-rent ratio in Bath and North East Somerset?
About 20.0: the 2-bed price is 20.0 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Bath and North East Somerset?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £175,521 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.