Rental yields›Wokingham
Rental yield in Wokingham
Wokingham 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 Wokingham fell 3.1% and average rents rose 2.4%.
Gross yield
3.5%
Average price
£498,941
↓ -3.1% / yr
Average rent
£1,470/mo
↑ +2.4% / yr
National rank
#289 of 316
Who rents here
Census 2021, 69,165 households
14.1% of homes in Wokingham are private rentals.
Average rent by size
1 bedroom
£1,056/mo
↑ +2.7% / yr
2 bedrooms
£1,349/mo
↑ +2.4% / yr
3 bedrooms
£1,650/mo
↑ +2.5% / yr
4+ bedrooms
£2,306/mo
↑ +1.7% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,665
Band B
£1,943
Band C
£2,220
Band D
£2,498
Band E
£3,053
Band F
£3,608
Band G
£4,163
Band H
£4,996
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 Wokingham average. Change them for a real property.
That is right on the Wokingham average of 3.5%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Wokingham a good place to buy to let?
It is around the middle for rental income, at a 3.5% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Wokingham?
Over the past year, average rents in Wokingham rose 2.4% and average prices fell 3.1% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Wokingham?
Rent movement is the best free proxy for tenant demand, and average rents in Wokingham rose 2.4% 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, 14.1% of Wokingham's 69,165 households rented privately (7.7% social rented, 76% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Wokingham?
As of 2026-07, average monthly rents in Wokingham by property size are £1,056 for a 1 bedroom property, £1,349 for a 2 bedroom property, £1,650 for a 3 bedroom property, £2,306 for a 4 or more bedroom property (ONS). The all-size average is £1,470 a month.
How much is council tax in Wokingham?
In 2026-27, the average Band D council tax in Wokingham is £2,498 a year including police and other precepts. Bills scale with the property's band: from £1,665 for Band A up to £4,996 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. Wokingham is at 3.5%.
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.