Rent vs buy calculator · England
Rent vs buy in Hammersmith and Fulham: is it cheaper to rent or buy?
Renting leaves you £313,714 better off after 7 years. Owning a 2-bed terraced house costs about £8,969 a month, against £2,735 to rent the same size home.
- After 7 years
- Rent +£313,714
- Difference in net wealth
- Monthly cost to own
- £8,969
- Mortgage £7,607, of which £2,297 is capital
- Monthly cost to rent
- £2,735
- Rent £2,622 plus council tax
- Median price
- £1,475,000
- terraced house
- Cash needed to buy
- £238,750
- £147,500 deposit + £91,250 SDLT
- Price-to-rent ratio
- 46.9
- Price divided by a year of rent
Renting vs buying in Hammersmith and Fulham by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £606,050 | £2,000 | +£1,651 | Close £2,571 |
| 2 bed | £1,475,000 | £2,622 | +£6,235 | Rent £313,714 |
| 3 bed | £1,950,000 | £2,992 | +£8,710 | Rent £507,126 |
| 4+ bed | £2,075,000 | £4,181 | +£8,270 | Rent £433,524 |
Average rent and house prices in Hammersmith and Fulham
The ONS average private rent in Hammersmith and Fulham is £2,825 a month (Aug 2026, provisional), up 3.3% on a year earlier. The median price paid is £725,000 (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 £1,351 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Hammersmith and Fulham: FAQs
Is it cheaper to rent or buy in Hammersmith and Fulham?
For a 2-bed home in Hammersmith and Fulham, owning costs about £8,969 a month and renting about £2,735, both including council tax. Renting leaves you £313,714 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 Hammersmith and Fulham?
The ONS average private rent in Hammersmith and Fulham is £2,825 a month across all home sizes (Aug 2026, provisional), with £2,000 for 1 bed, £2,622 for 2 bed, £2,992 for 3 bed, £4,181 for 4 or more bed. Rents rose 3.3% over the past year.
What is the average house price in Hammersmith and Fulham?
The median price paid in Hammersmith and Fulham is £725,000 (ONS median price paid, year ending Mar 2026). The calculator uses £1,475,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Hammersmith and Fulham?
A first-time buyer paying £1,475,000 would pay £91,250 in SDLT. With a 10% deposit of £147,500, the cash needed on day one is about £238,750.
What is the price-to-rent ratio in Hammersmith and Fulham?
About 46.9: the 2-bed price is 46.9 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Hammersmith and Fulham?
On the default assumptions, a 1-bed home gives buying its strongest position: renting still ahead by £2,571 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.