Rent vs buy calculator · England
Rent vs buy in Three Rivers: is it cheaper to rent or buy?
Renting and buying finish within £1,266 of each other after 7 years: too close to call. Owning a 2-bed terraced house costs about £2,884 a month, against £1,767 to rent the same size home.
- After 7 years
- Close +£1,266
- Difference in net wealth
- Monthly cost to own
- £2,884
- Mortgage £2,310, of which £698 is capital
- Monthly cost to rent
- £1,767
- Rent £1,588 plus council tax
- Median price
- £448,000
- terraced house
- Cash needed to buy
- £52,200
- £44,800 deposit + £7,400 SDLT
- Price-to-rent ratio
- 23.5
- Price divided by a year of rent
Renting vs buying in Three Rivers by home size
| Bedrooms | Price | Rent / mo | Owning vs renting / mo | After 7 yrs |
|---|---|---|---|---|
| 1 bed | £308,000 | £1,275 | +£591 | Buy £27,565 |
| 2 bed | £448,000 | £1,588 | +£1,116 | Close £1,266 |
| 3 bed | £610,000 | £1,972 | +£1,703 | Rent £34,344 |
| 4+ bed | £977,500 | £2,777 | +£3,099 | Rent £105,500 |
Average rent and house prices in Three Rivers
The ONS average private rent in Three Rivers is £1,826 a month (Aug 2026, provisional), up 2.2% on a year earlier. The median price paid is £550,000 (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 £2,153 a year (Band C) and is paid whether you rent or buy, so it does not change the verdict.
Renting or buying in Three Rivers: FAQs
Is it cheaper to rent or buy in Three Rivers?
For a 2-bed home in Three Rivers, owning costs about £2,884 a month and renting about £1,767, both including council tax. Renting and buying finish within £1,266 of each other after 7 years: too close to call. 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 Three Rivers?
The ONS average private rent in Three Rivers is £1,826 a month across all home sizes (Aug 2026, provisional), with £1,275 for 1 bed, £1,588 for 2 bed, £1,972 for 3 bed, £2,777 for 4 or more bed. Rents rose 2.2% over the past year.
What is the average house price in Three Rivers?
The median price paid in Three Rivers is £550,000 (ONS median price paid, year ending Mar 2026). The calculator uses £448,000 for a terraced house, the property type typical for a 2-bed home.
How much is stamp duty on an average home in Three Rivers?
A first-time buyer paying £448,000 would pay £7,400 in SDLT. With a 10% deposit of £44,800, the cash needed on day one is about £52,200.
What is the price-to-rent ratio in Three Rivers?
About 23.5: the 2-bed price is 23.5 times a year of rent. Higher ratios favour renting; lower ratios favour buying.
Which home size is best value to buy in Three Rivers?
On the default assumptions, a 1-bed home gives buying its strongest position: buying ahead by £27,565 after 7 years.
How many years until buying pays off in Three Rivers?
The lead first changes hands in year 7 on the default settings. Staying longer spreads stamp duty and selling costs over more years.
Areas with a similar price-to-rent ratio
Browse every local authority.