Rent vs buy calculator · England
Rent vs buy in Bexley: is it cheaper to rent or buy?
Renting and buying finish within £1,059 of each other after 7 years: too close to call. Owning a 2-bed terraced house costs about £2,682 a month, against £1,701 to rent the same size home.
- After 7 years
- Close +£1,059
- Difference in net wealth
- Monthly cost to own
- £2,682
- Mortgage £2,140, of which £646 is capital
- Monthly cost to rent
- £1,701
- Rent £1,526 plus council tax
- Median price
- £415,000
- terraced house
- Cash needed to buy
- £47,250
- £41,500 deposit + £5,750 SDLT
- Price-to-rent ratio
- 22.7
- Price divided by a year of rent
Renting vs buying in Bexley by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £260,000 | £1,229 | +£349 | Buy £34,031 |
| 2 bed | £415,000 | £1,526 | +£981 | Close £1,059 |
| 3 bed | £497,500 | £1,865 | +£1,136 | Close £750 |
| 4+ bed | £675,000 | £2,424 | +£1,640 | Rent £27,208 |
Average rent and house prices in Bexley
The ONS average private rent in Bexley is £1,537 a month (Aug 2026, provisional), up 1.6% on a year earlier. The median price paid is £425,000 (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 £2,103 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Bexley: FAQs
Is it cheaper to rent or buy in Bexley?
For a 2-bed home in Bexley, owning costs about £2,682 a month and renting about £1,701, both including council tax. Renting and buying finish within £1,059 of each other after 7 years: too close to call. 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 Bexley?
The ONS average private rent in Bexley is £1,537 a month across all home sizes (Aug 2026, provisional), with £1,229 for 1 bed, £1,526 for 2 bed, £1,865 for 3 bed, £2,424 for 4 or more bed. Rents rose 1.6% over the past year.
What is the average house price in Bexley?
The median price paid in Bexley is £425,000 (ONS median price paid, year ending Mar 2026). The calculator uses £415,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Bexley?
A first-time buyer paying £415,000 would pay £5,750 in SDLT. With a 10% deposit of £41,500, the cash needed on day one is about £47,250.
What is the price-to-rent ratio in Bexley?
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 Bexley?
On the default assumptions, a 1-bed home gives buying its strongest position: buying ahead by £34,031 after 7 years.
How many years until buying pays off in Bexley?
The lead first changes hands in year 8 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.