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Ashfield property market

In Ashfield (East Midlands) the average private rent is £785/month (ONS, May 2026) and the average house price is £188,642 (HM Land Registry, April 2026). That puts rent 43% below and house prices 30% below the UK average. The gross rental yield works out at 5.0%.

Average rent
£785/mo
+4.7% YoY
Average house price
£188,642
+3.0% 12m
Gross rental yield
5.0%
UK avg 6.1%
Price-to-rent
20.0
UK avg 16.3

Rent vs buy in Ashfield

The average home in Ashfield costs about 20.0 years of average rent (price-to-rent ratio 20.0), compared with 16.3 for the UK as a whole. On this market-level signal, buying looks relatively more expensive here than the UK average. This is an arithmetic ratio of the two official figures above — a market indicator, not personal financial advice.

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Nearby areas in East Midlands

Frequently asked questions

What is the average rent in Ashfield?
The average monthly private rent in Ashfield is £785, according to the ONS Price Index of Private Rents (May 2026), +4.7% over the past 12 months. The UK average is £1,383.
What is the average house price in Ashfield?
The average house price in Ashfield is £188,642 (HM Land Registry UK House Price Index, April 2026), +3.0% over 12 months. The UK average is £270,080.
What is the gross rental yield in Ashfield?
Dividing the average annual rent (£9,420) by the average house price (£188,642) gives a gross rental yield of 5.0% in Ashfield. This is a "gross" figure — before voids, management, maintenance and tax. The UK-average gross yield on the same basis is 6.1%.
Is it cheaper to rent or buy in Ashfield?
In Ashfield the average house price equals about 20.0 years of average rent (price-to-rent ratio 20.0). A higher ratio leans toward renting being relatively cheaper month-to-month; a lower ratio leans toward buying. The UK-average ratio is 16.3. This is a market-level signal, not personal financial advice.

Rent: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics — edition 17 June 2026, reference May 2026 (ONS PIPR). House prices: HM Land Registry — UK House Price Index (UKHPI), reference April 2026 (UKHPI). Both © Crown copyright, licensed under the Open Government Licence v3.0. Gross rental yield and price-to-rent ratio are computed from these two figures.