Chesterfield property market
In Chesterfield (East Midlands) the average private rent is £738/month (ONS, May 2026) and the average house price is £203,294 (HM Land Registry, April 2026). That puts rent 47% below and house prices 25% below the UK average. The gross rental yield works out at 4.4%.
- Average rent
- £738/mo
- +0.9% YoY
- Average house price
- £203,294
- +4.8% 12m
- Gross rental yield
- 4.4%
- UK avg 6.1%
- Price-to-rent
- 23.0
- UK avg 16.3
Rent vs buy in Chesterfield
The average home in Chesterfield costs about 23.0 years of average rent (price-to-rent ratio 23.0), 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.
Go deeper
- Rent in Chesterfield (1/2/3/4-bed breakdown)£738
- House prices in Chesterfield (by property type)£203,294
Nearby areas in East Midlands
- Ashfield£785/mo · £188,642
- Boston£796/mo · £188,814
- Nottingham£1,006/mo · £192,543
- Derby£852/mo · £205,065
- Bassetlaw£718/mo · £209,886
- West Lindsey£728/mo · £210,718
Frequently asked questions
- What is the average rent in Chesterfield?
- The average monthly private rent in Chesterfield is £738, according to the ONS Price Index of Private Rents (May 2026), +0.9% over the past 12 months. The UK average is £1,383.
- What is the average house price in Chesterfield?
- The average house price in Chesterfield is £203,294 (HM Land Registry UK House Price Index, April 2026), +4.8% over 12 months. The UK average is £270,080.
- What is the gross rental yield in Chesterfield?
- Dividing the average annual rent (£8,856) by the average house price (£203,294) gives a gross rental yield of 4.4% in Chesterfield. 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 Chesterfield?
- In Chesterfield the average house price equals about 23.0 years of average rent (price-to-rent ratio 23.0). 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.