Rent vs buy calculator · England
Rent vs buy in Surrey Heath: is it cheaper to rent or buy?
Renting leaves you £11,480 better off after 7 years. Owning a 2-bed terraced house costs about £2,531 a month, against £1,527 to rent the same size home.
- After 7 years
- Rent +£11,480
- Difference in net wealth
- Monthly cost to own
- £2,531
- Mortgage £1,996, of which £603 is capital
- Monthly cost to rent
- £1,527
- Rent £1,335 plus council tax
- Median price
- £387,000
- terraced house
- Cash needed to buy
- £43,050
- £38,700 deposit + £4,350 SDLT
- Price-to-rent ratio
- 24.2
- Price divided by a year of rent
Renting vs buying in Surrey Heath by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £223,500 | £1,037 | +£323 | Buy £25,273 |
| 2 bed | £387,000 | £1,335 | +£1,004 | Rent £11,480 |
| 3 bed | £470,000 | £1,613 | +£1,223 | Rent £18,711 |
| 4+ bed | £705,000 | £2,411 | +£1,833 | Rent £45,380 |
Average rent and house prices in Surrey Heath
The ONS average private rent in Surrey Heath is £1,503 a month (Aug 2026, provisional), up 1.5% on a year earlier. The median price paid is £490,000 (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 £2,298 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Surrey Heath: FAQs
Is it cheaper to rent or buy in Surrey Heath?
For a 2-bed home in Surrey Heath, owning costs about £2,531 a month and renting about £1,527, both including council tax. Renting leaves you £11,480 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 Surrey Heath?
The ONS average private rent in Surrey Heath is £1,503 a month across all home sizes (Aug 2026, provisional), with £1,037 for 1 bed, £1,335 for 2 bed, £1,613 for 3 bed, £2,411 for 4 or more bed. Rents rose 1.5% over the past year.
What is the average house price in Surrey Heath?
The median price paid in Surrey Heath is £490,000 (ONS median price paid, year ending Mar 2026). The calculator uses £387,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Surrey Heath?
A first-time buyer paying £387,000 would pay £4,350 in SDLT. With a 10% deposit of £38,700, the cash needed on day one is about £43,050.
What is the price-to-rent ratio in Surrey Heath?
About 24.2: the 2-bed price is 24.2 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Surrey Heath?
On the default assumptions, a 1-bed home gives buying its strongest position: buying ahead by £25,273 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.