Rent vs buy calculator · England
Rent vs buy in Runnymede: is it cheaper to rent or buy?
Renting leaves you £55,363 better off after 7 years. Owning a 2-bed terraced house costs about £2,721 a month, against £1,579 to rent the same size home.
- After 7 years
- Rent +£55,363
- Difference in net wealth
- Monthly cost to own
- £2,721
- Mortgage £2,166, of which £654 is capital
- Monthly cost to rent
- £1,579
- Rent £1,394 plus council tax
- Median price
- £420,000
- terraced house
- Cash needed to buy
- £48,000
- £42,000 deposit + £6,000 SDLT
- Price-to-rent ratio
- 25.1
- Price divided by a year of rent
Renting vs buying in Runnymede by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £257,000 | £1,084 | +£476 | Close £5,051 |
| 2 bed | £420,000 | £1,394 | +£1,143 | Rent £55,363 |
| 3 bed | £500,000 | £1,672 | +£1,344 | Rent £67,941 |
| 4+ bed | £690,000 | £2,408 | +£1,746 | Rent £97,025 |
Average rent and house prices in Runnymede
The ONS average private rent in Runnymede is £1,586 a month (Aug 2026, provisional), up -0.7% on a year earlier. The median price paid is £468,000 (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 £2,216 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Runnymede: FAQs
Is it cheaper to rent or buy in Runnymede?
For a 2-bed home in Runnymede, owning costs about £2,721 a month and renting about £1,579, both including council tax. Renting leaves you £55,363 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 Runnymede?
The ONS average private rent in Runnymede is £1,586 a month across all home sizes (Aug 2026, provisional), with £1,084 for 1 bed, £1,394 for 2 bed, £1,672 for 3 bed, £2,408 for 4 or more bed. Rents rose -0.7% over the past year.
What is the average house price in Runnymede?
The median price paid in Runnymede is £468,000 (ONS median price paid, year ending Mar 2026). The calculator uses £420,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Runnymede?
A first-time buyer paying £420,000 would pay £6,000 in SDLT. With a 10% deposit of £42,000, the cash needed on day one is about £48,000.
What is the price-to-rent ratio in Runnymede?
About 25.1: the 2-bed price is 25.1 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Runnymede?
On the default assumptions, a 1-bed home gives buying its strongest position: renting still ahead by £5,051 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.