Rental yields›London›Redbridge
Rental yield in Redbridge
30.4% of households in Redbridge rent privately, one of the highest shares in England and Wales.
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 fell 2.7% and average rents rose 2%.
Average gross yield
4.3%
#186 of 316 areas
Average price
£481,297
▼ 2.7% past year
Average rent
£1,726/mo
▲ 2% past year
Privately rented
30.4%
of 103,714 homes
Average rent by size
1 bedroom
£1,368/mo
↑ +2.1% / yr
2 bedrooms
£1,681/mo
↑ +1.8% / yr
3 bedrooms
£1,981/mo
↑ +2.5% / yr
4+ bedrooms
£2,711/mo
↑ +1.7% / yr
Average private rent by number of bedrooms, across new and existing tenancies. ONS Price Index of Private Rents (August 2026).
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.
How it compares
Deprivation (IMD 2025)
164 neighbourhoods
2% of Redbridge's neighbourhoods are in England's most deprived 10%. The typical one sits in the more deprived half of the country.
Fifths of England, most to least deprived (MHCLG IMD 2025). It shifts street by street, so check a specific postcode.
No Article 4 areas for Redbridge appear in the national planning dataset yet, but coverage is incomplete and directions can be council-wide, so check the exact postcode before planning an HMO.
Check on the Article 4 map →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 4.3%. Add costs for a net estimate.
Nearby areas
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 4.3% 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% and average prices fell 2.7% (HM Land Registry and ONS, to August 2026).
Is there rental demand in Redbridge?
Rent movement is the best free proxy for tenant demand, and average rents in Redbridge rose 2% 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 August 2026, average monthly rents in Redbridge by property size are £1,368 for a 1 bedroom property, £1,681 for a 2 bedroom property, £1,981 for a 3 bedroom property, £2,711 for a 4 or more bedroom property (ONS). The all-size average is £1,726 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.
How deprived is Redbridge?
On the English Indices of Deprivation 2025, 2% of Redbridge's 164 neighbourhoods are in England's most deprived 10%, and 5% are in the least deprived 10%. The typical neighbourhood is in decile 5 of 10, where 1 is most deprived. Deprivation shifts street by street, so check the exact postcode before you offer.
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 4.3%.
Gross yield = annual rent divided by average price. Average price: HM Land Registry UK HPI (July 2026). Average rent: ONS Price Index of Private Rents (August 2026). Deprivation: MHCLG English Indices of Deprivation 2025. Regions: ONS. Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.