Rent vs buy calculator · England
Rent vs buy in East Suffolk: is it cheaper to rent or buy?
Buying leaves you £33,869 better off after 7 years. Owning a 2-bed terraced house costs about £1,459 a month, against £965 to rent the same size home.
- After 7 years
- Buy +£33,869
- Difference in net wealth
- Monthly cost to own
- £1,459
- Mortgage £1,089, of which £329 is capital
- Monthly cost to rent
- £965
- Rent £792 plus council tax
- Median price
- £211,250
- terraced house
- Cash needed to buy
- £21,125
- £21,125 deposit + £0 SDLT
- Price-to-rent ratio
- 22.2
- Price divided by a year of rent
Renting vs buying in East Suffolk by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £160,000 | £603 | +£376 | Buy £25,280 |
| 2 bed | £211,250 | £792 | +£494 | Buy £33,869 |
| 3 bed | £260,000 | £940 | +£638 | Buy £38,673 |
| 4+ bed | £395,000 | £1,341 | +£1,046 | Buy £43,581 |
Average rent and house prices in East Suffolk
The ONS average private rent in East Suffolk is £842 a month (Aug 2026, provisional), up 5.1% on a year earlier. The median price paid is £285,000 (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 £2,075 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in East Suffolk: FAQs
Is it cheaper to rent or buy in East Suffolk?
For a 2-bed home in East Suffolk, owning costs about £1,459 a month and renting about £965, both including council tax. Buying leaves you £33,869 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 East Suffolk?
The ONS average private rent in East Suffolk is £842 a month across all home sizes (Aug 2026, provisional), with £603 for 1 bed, £792 for 2 bed, £940 for 3 bed, £1,341 for 4 or more bed. Rents rose 5.1% over the past year.
What is the average house price in East Suffolk?
The median price paid in East Suffolk is £285,000 (ONS median price paid, year ending Mar 2026). The calculator uses £211,250 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in East Suffolk?
A first-time buyer paying £211,250 would pay £0 in SDLT. With a 10% deposit of £21,125, the cash needed on day one is about £21,125.
What is the price-to-rent ratio in East Suffolk?
About 22.2: the 2-bed price is 22.2 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in East Suffolk?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £43,581 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.