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Rental yieldsWoking

Rental yield in Woking

Woking sits in the upper half for rental yield in England and Wales, a bit above the 4.4% typical figure across all 316 areas.

Over the past year, average prices in Woking fell 2.7% and average rents fell 1.7%.

Gross yield

4.5%

Average price

£433,790

-2.7% / yr

Average rent

£1,619/mo

-1.7% / yr

National rank

#149 of 316

Who rents here

Census 2021, 41,438 households

21.1% of homes in Woking are private rentals.

Private rented 21.1%Social rented 11.6%Owner occupied 66.4%

Average rent by size

1 bedroom

£1,132/mo

-1.7% / yr

2 bedrooms

£1,442/mo

-1.9% / yr

3 bedrooms

£1,759/mo

-1.5% / yr

4+ bedrooms

£2,691/mo

-2.7% / yr

1 bed£1,132
2 beds£1,442
3 beds£1,759
4+ beds£2,691

Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).

Council tax bands (2026-27)

Band A

£1,732

Band B

£2,021

Band C

£2,309

Band D

£2,598

Band E

£3,175

Band F

£3,753

Band G

£4,330

Band H

£5,196

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 Woking average. Change them for a real property.

Gross yield4.5%

That is right on the Woking average of 4.5%. Add costs for a net estimate.

How it compares

Woking4.5%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Common questions

Is Woking a good place to buy to let?

It is around the middle for rental income, at a 4.5% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Woking?

Over the past year, average rents in Woking fell 1.7% and average prices fell 2.7% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Woking?

Average rents in Woking fell 1.7% over the past year (ONS), which suggests tenant demand is softening. Ask local letting agents about typical void periods before relying on the headline yield for a buy-to-let. For the size of the market: at the 2021 census, 21.1% of Woking's 41,438 households rented privately (11.6% social rented, 66.4% owner occupied).

What is the average rent for a 1, 2 or 3 bedroom property in Woking?

As of 2026-07, average monthly rents in Woking by property size are £1,132 for a 1 bedroom property, £1,442 for a 2 bedroom property, £1,759 for a 3 bedroom property, £2,691 for a 4 or more bedroom property (ONS). The all-size average is £1,619 a month.

How much is council tax in Woking?

In 2026-27, the average Band D council tax in Woking is £2,598 a year including police and other precepts. Bills scale with the property's band: from £1,732 for Band A up to £5,196 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. Woking is at 4.5%.

Weighing up Woking? Ask people who invest there in the free Housetrix Discord, or browse every area ranked by yield.

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.

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