Rent vs buy calculator · England
Rent vs buy in North Warwickshire: is it cheaper to rent or buy?
Buying leaves you £46,573 better off after 7 years. Owning a 2-bed terraced house costs about £1,406 a month, against £1,070 to rent the same size home.
- After 7 years
- Buy +£46,573
- Difference in net wealth
- Monthly cost to own
- £1,406
- Mortgage £1,031, of which £311 is capital
- Monthly cost to rent
- £1,070
- Rent £882 plus council tax
- Median price
- £200,000
- terraced house
- Cash needed to buy
- £20,000
- £20,000 deposit + £0 SDLT
- Price-to-rent ratio
- 18.9
- Price divided by a year of rent
Renting vs buying in North Warwickshire by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £149,950 | £720 | +£199 | Buy £41,519 |
| 2 bed | £200,000 | £882 | +£337 | Buy £46,573 |
| 3 bed | £262,000 | £1,059 | +£531 | Buy £50,813 |
| 4+ bed | £390,000 | £1,600 | +£757 | Buy £74,155 |
Average rent and house prices in North Warwickshire
The ONS average private rent in North Warwickshire is £982 a month (Aug 2026, provisional), up 4.9% on a year earlier. The median price paid is £260,000 (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 £2,251 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in North Warwickshire: FAQs
Is it cheaper to rent or buy in North Warwickshire?
For a 2-bed home in North Warwickshire, owning costs about £1,406 a month and renting about £1,070, both including council tax. Buying leaves you £46,573 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 North Warwickshire?
The ONS average private rent in North Warwickshire is £982 a month across all home sizes (Aug 2026, provisional), with £720 for 1 bed, £882 for 2 bed, £1,059 for 3 bed, £1,600 for 4 or more bed. Rents rose 4.9% over the past year.
What is the average house price in North Warwickshire?
The median price paid in North Warwickshire is £260,000 (ONS median price paid, year ending Mar 2026). The calculator uses £200,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in North Warwickshire?
A first-time buyer paying £200,000 would pay £0 in SDLT. With a 10% deposit of £20,000, the cash needed on day one is about £20,000.
What is the price-to-rent ratio in North Warwickshire?
About 18.9: the 2-bed price is 18.9 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in North Warwickshire?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £74,155 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.