Rental yields›Test Valley
Rental yield in Test Valley
Test Valley 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 Test Valley fell 0.2% and average rents rose 8.4%.
Gross yield
4%
Average price
£372,348
↓ -0.2% / yr
Average rent
£1,234/mo
↑ +8.4% / yr
National rank
#225 of 316
Who rents here
Census 2021, 54,706 households
14.8% of homes in Test Valley are private rentals.
Average rent by size
1 bedroom
£887/mo
↑ +8.7% / yr
2 bedrooms
£1,142/mo
↑ +8.5% / yr
3 bedrooms
£1,406/mo
↑ +8.6% / yr
4+ bedrooms
£1,999/mo
↑ +7.6% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,537
Band B
£1,794
Band C
£2,050
Band D
£2,306
Band E
£2,818
Band F
£3,331
Band G
£3,843
Band H
£4,612
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 Test Valley average. Change them for a real property.
That is right on the Test Valley average of 4%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Test Valley a good place to buy to let?
It is around the middle for rental income, at a 4% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Test Valley?
Over the past year, average rents in Test Valley rose 8.4% and average prices fell 0.2% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Test Valley?
Rent movement is the best free proxy for tenant demand, and average rents in Test Valley rose 8.4% 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, 14.8% of Test Valley's 54,706 households rented privately (14.3% social rented, 68.9% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Test Valley?
As of 2026-07, average monthly rents in Test Valley by property size are £887 for a 1 bedroom property, £1,142 for a 2 bedroom property, £1,406 for a 3 bedroom property, £1,999 for a 4 or more bedroom property (ONS). The all-size average is £1,234 a month.
How much is council tax in Test Valley?
In 2026-27, the average Band D council tax in Test Valley is £2,306 a year including police and other precepts. Bills scale with the property's band: from £1,537 for Band A up to £4,612 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. Test Valley is at 4%.
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.