Rental yields›Redbridge
Rental yield in Redbridge
Redbridge sits in the lower half for rental yield in England and Wales, a little below the 4.4% typical figure across all 316 areas.
Over the past year, average prices in Redbridge rose 3.6% and average rents rose 2.1%.
Gross yield
4.2%
Average price
£495,977
↑ +3.6% / yr
Average rent
£1,724/mo
↑ +2.1% / yr
National rank
#202 of 316
Who rents here
Census 2021, 103,714 households
30.4% of homes in Redbridge are private rentals.
Average rent by size
1 bedroom
£1,365/mo
↑ +2.4% / yr
2 bedrooms
£1,679/mo
↑ +2% / yr
3 bedrooms
£1,977/mo
↑ +2.6% / yr
4+ bedrooms
£2,707/mo
↑ +1.8% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,530
Band B
£1,785
Band C
£2,040
Band D
£2,295
Band E
£2,805
Band F
£3,315
Band G
£3,825
Band H
£4,590
Average annual bill for the area, including police and other precepts (MHCLG and Welsh Government, 2026-27). Community precepts vary, and the band is set by the property, so check the exact band on gov.uk.
Work out the yield on a specific property
Pre-filled with the Redbridge average. Change them for a real property.
That is right on the Redbridge average of 4.2%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Redbridge a good place to buy to let?
It is around the middle for rental income, at a 4.2% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Redbridge?
Over the past year, average rents in Redbridge rose 2.1% and average prices rose 3.6% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Redbridge?
Rent movement is the best free proxy for tenant demand, and average rents in Redbridge rose 2.1% over the past year (ONS), which points to tenants competing for available stock. Still ask local letting agents about typical void periods before committing to a buy-to-let there. For the size of the market: at the 2021 census, 30.4% of Redbridge's 103,714 households rented privately (11.3% social rented, 57.1% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Redbridge?
As of 2026-07, average monthly rents in Redbridge by property size are £1,365 for a 1 bedroom property, £1,679 for a 2 bedroom property, £1,977 for a 3 bedroom property, £2,707 for a 4 or more bedroom property (ONS). The all-size average is £1,724 a month.
How much is council tax in Redbridge?
In 2026-27, the average Band D council tax in Redbridge is £2,295 a year including police and other precepts. Bills scale with the property's band: from £1,530 for Band A up to £4,590 for Band H. Community precepts vary within the area, so treat these as area averages and check the exact band and bill with the council.
What is a good rental yield in the UK?
As a rough guide, under 4% is low, 5 to 6% is typical, and above 6.5% is high. Redbridge is at 4.2%.
Gross yield = annual rent divided by average price. Average price: HM Land Registry UK HPI (01/06/2026). Average rent: ONS Price Index of Private Rents (2026-07). Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.