Rent vs buy calculator · England
Rent vs buy in Telford and Wrekin: is it cheaper to rent or buy?
Buying leaves you £54,256 better off after 7 years. Owning a 2-bed terraced house costs about £1,227 a month, against £938 to rent the same size home.
- After 7 years
- Buy +£54,256
- Difference in net wealth
- Monthly cost to own
- £1,227
- Mortgage £895, of which £270 is capital
- Monthly cost to rent
- £938
- Rent £771 plus council tax
- Median price
- £173,500
- terraced house
- Cash needed to buy
- £17,350
- £17,350 deposit + £0 SDLT
- Price-to-rent ratio
- 18.8
- Price divided by a year of rent
Renting vs buying in Telford and Wrekin by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £115,000 | £600 | +£110 | Buy £46,412 |
| 2 bed | £173,500 | £771 | +£289 | Buy £54,256 |
| 3 bed | £209,500 | £954 | +£322 | Buy £68,925 |
| 4+ bed | £326,025 | £1,358 | +£616 | Buy £92,323 |
Average rent and house prices in Telford and Wrekin
The ONS average private rent in Telford and Wrekin is £861 a month (Aug 2026, provisional), up 6.6% on a year earlier. The median price paid is £227,000 (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 £2,006 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Telford and Wrekin: FAQs
Is it cheaper to rent or buy in Telford and Wrekin?
For a 2-bed home in Telford and Wrekin, owning costs about £1,227 a month and renting about £938, both including council tax. Buying leaves you £54,256 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 Telford and Wrekin?
The ONS average private rent in Telford and Wrekin is £861 a month across all home sizes (Aug 2026, provisional), with £600 for 1 bed, £771 for 2 bed, £954 for 3 bed, £1,358 for 4 or more bed. Rents rose 6.6% over the past year.
What is the average house price in Telford and Wrekin?
The median price paid in Telford and Wrekin is £227,000 (ONS median price paid, year ending Mar 2026). The calculator uses £173,500 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Telford and Wrekin?
A first-time buyer paying £173,500 would pay £0 in SDLT. With a 10% deposit of £17,350, the cash needed on day one is about £17,350.
What is the price-to-rent ratio in Telford and Wrekin?
About 18.8: the 2-bed price is 18.8 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Telford and Wrekin?
On the default assumptions, a 4+-bed home gives buying its strongest position: buying ahead by £92,323 after 7 years.
Areas with a similar price-to-rent ratio
Browse every local authority.