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Blaby · report

Buy or rent in Blaby

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£998
Owning per month
£1,381

Try your own numbers

Starting from the average sale price of £293,412 and the average private rent of £998 a month in Blaby, and a mortgage rate of 4.6%.

Assumptions
4.6
1
Buildings insurance, maintenance, and any service charge and ground rent. Council tax is paid by tenants too, so it is left out.
3
What the deposit and purchase costs could earn if invested instead.
7
Stamp duty (land transaction tax in Wales, LBTT in Scotland), conveyancing, survey and lender's fees, paid once.

Renting costs less each month than owning.

Rent a month
£998
Owning a month, not recovered
£1,381
Interest
£1,012
Running costs
£245
Return given up
£125
Cash out a month, if buying
£1,598

Gross rental yield in Blaby

A year's rent as a share of the average sale price, month by month. Higher means rent is dear compared with buying.

Show the numbers
PeriodBlaby
Aug 20264.1%
Jul 20264.1%
Jun 20264.2%
May 20264.1%
Apr 20264.0%
Mar 20264.0%
Feb 20264.0%
Jan 20264.1%
Dec 20254.0%
Nov 20254.0%
Oct 20254.0%
Sep 20254.0%
Aug 20254.0%
Jul 20254.0%
Jun 20254.0%
May 20253.9%
Apr 20253.9%
Mar 20253.9%
Feb 20253.9%
Jan 20253.9%
Dec 20243.8%
Nov 20243.7%
Oct 20243.7%
Sep 20243.7%
Aug 20243.7%
Jul 20243.7%
Jun 20243.6%
May 20243.6%
Apr 20243.6%
Mar 20243.5%
Feb 20243.5%
Jan 20243.5%
Dec 20233.5%
Nov 20233.5%
Oct 20233.4%
Sep 20233.4%
Aug 20233.4%
Jul 20233.4%
Jun 20233.4%
May 20233.3%
Apr 20233.2%
Mar 20233.3%
Feb 20233.2%
Jan 20233.3%
Dec 20223.2%
Nov 20223.2%
Oct 20223.2%
Sep 20223.2%
Aug 20223.2%
Jul 20223.2%
Jun 20223.3%
May 20223.3%
Apr 20223.3%
Mar 20223.3%
Feb 20223.3%
Jan 20223.3%
Dec 20213.3%
Nov 20213.3%
Oct 20213.3%
Sep 20213.4%
Aug 20213.3%
Jul 20213.4%
Jun 20213.4%
May 20213.5%
Apr 20213.5%
Mar 20213.5%
Feb 20213.5%
Jan 20213.5%
Dec 20203.5%
Nov 20203.6%
Oct 20203.6%
Sep 20203.5%
Aug 20203.5%
Jul 20203.6%
Jun 20203.6%
May 20203.6%
Apr 20203.6%
Mar 20203.7%
Feb 20203.7%
Jan 20203.7%
Dec 20193.7%
Nov 20193.7%
Oct 20193.7%
Sep 20193.6%
Aug 20193.6%
Jul 20193.6%
Jun 20193.7%
May 20193.6%
Apr 20193.7%
Mar 20193.6%
Feb 20193.7%
Jan 20193.6%
Dec 20183.6%
Nov 20183.6%
Oct 20183.6%
Sep 20183.6%
Aug 20183.6%
Jul 20183.7%
Jun 20183.7%
May 20183.7%
Apr 20183.7%
Mar 20183.7%
Feb 20183.7%
Jan 20183.7%
Dec 20173.7%
Nov 20173.7%
Oct 20173.7%
Sep 20173.7%
Aug 20173.8%
Jul 20173.8%
Jun 20173.9%
May 20173.9%
Apr 20173.9%
Mar 20173.9%
Feb 20173.9%
Jan 20174.0%
Dec 20163.9%
Nov 20163.9%
Oct 20163.9%
Sep 20163.9%
Aug 20163.9%
Jul 20163.9%
Jun 20164.0%
May 20164.0%
Apr 20164.0%
Mar 20163.9%
Feb 20163.9%
Jan 20163.9%
Dec 20153.9%
Nov 20153.9%
Oct 20154.0%
Sep 20154.0%
Aug 20154.0%
Jul 20154.0%
Jun 20154.0%
May 20154.0%
Apr 20154.1%
Mar 20154.2%
Feb 20154.2%
Jan 20154.2%

The comparison counts only the costs of owning you never get back: interest, running costs and what the deposit and purchase costs could earn elsewhere. Loan repayments build equity, so they are left out. So is any rise in the home's value, because nobody knows it in advance. Rents here are ONS's average of all private tenancies, new and continuing, which runs below what a new tenant pays; Scotland's are mostly advertised new lets, and its councils and Northern Ireland's take their nation's figure.

Other reports for Blaby

Sale prices have an 80% chance of landing between £285,557 and £317,670 by August 2027.

Expected, August 2027
£301,613
Chance of a rise
74%

At the average sale price, a home costs £293,412. With 10% down and a 30-year mortgage, the payment is £1,354 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
21%
Payment, one income
42%

21.6% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
250
Per 1,000 residents
2.3

Figures for United Kingdom: Blaby has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 4 times since 1995. The deepest began in October 2007.

Deepest fall
−18.4%
Recovery from the low
69 months

In 2025 the population grew by 665 while 190 homes were finished: 3.5 new residents for every new home.

New residents per new home, 2025
3.5
Population change, 2025
+665

2.4% of the 43,635 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
2.4%
Empty homes
1,030

In 2025, 0% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
0%