Rent vs buy calculator · England
Rent vs buy in Blaby: is it cheaper to rent or buy?
Buying leaves you £50,667 better off after 7 years. Owning a 2-bed terraced house costs about £1,523 a month, against £1,097 to rent the same size home.
- After 7 years
- Buy +£50,667
- Difference in net wealth
- Monthly cost to own
- £1,523
- Mortgage £1,135, of which £343 is capital
- Monthly cost to rent
- £1,097
- Rent £912 plus council tax
- Median price
- £220,000
- terraced house
- Cash needed to buy
- £22,000
- £22,000 deposit + £0 SDLT
- Price-to-rent ratio
- 20.1
- Price divided by a year of rent
Renting vs buying in Blaby by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £135,000 | £711 | +£119 | Buy £48,789 |
| 2 bed | £220,000 | £912 | +£427 | Buy £50,667 |
| 3 bed | £265,000 | £1,082 | +£526 | Buy £60,081 |
| 4+ bed | £360,000 | £1,570 | +£607 | Buy £91,184 |
Average rent and house prices in Blaby
The ONS average private rent in Blaby is £998 a month (Aug 2026, provisional), up 5.6% on a year earlier. The median price paid is £280,000 (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 £2,214 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Blaby: FAQs
Is it cheaper to rent or buy in Blaby?
For a 2-bed home in Blaby, owning costs about £1,523 a month and renting about £1,097, both including council tax. Buying leaves you £50,667 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 Blaby?
The ONS average private rent in Blaby is £998 a month across all home sizes (Aug 2026, provisional), with £711 for 1 bed, £912 for 2 bed, £1,082 for 3 bed, £1,570 for 4 or more bed. Rents rose 5.6% over the past year.
What is the average house price in Blaby?
The median price paid in Blaby is £280,000 (ONS median price paid, year ending Mar 2026). The calculator uses £220,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Blaby?
A first-time buyer paying £220,000 would pay £0 in SDLT. With a 10% deposit of £22,000, the cash needed on day one is about £22,000.
What is the price-to-rent ratio in Blaby?
About 20.1: the 2-bed price is 20.1 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Blaby?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £91,184 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.