North East Lincolnshire property market
In North East Lincolnshire (Yorkshire and The Humber) the average private rent is £618/month (ONS, May 2026) and the average house price is £149,911 (HM Land Registry, April 2026). That puts rent 55% below and house prices 44% below the UK average. The gross rental yield works out at 4.9%.
- Average rent
- £618/mo
- +3.2% YoY
- Average house price
- £149,911
- +1.3% 12m
- Gross rental yield
- 4.9%
- UK avg 6.1%
- Price-to-rent
- 20.2
- UK avg 16.3
Rent vs buy in North East Lincolnshire
The average home in North East Lincolnshire costs about 20.2 years of average rent (price-to-rent ratio 20.2), 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 North East Lincolnshire (1/2/3/4-bed breakdown)£618
- House prices in North East Lincolnshire (by property type)£149,911
Nearby areas in Yorkshire and The Humber
- Kingston upon Hull, City of£690/mo · £135,051
- Barnsley£678/mo · £173,100
- Doncaster£689/mo · £173,624
- North Lincolnshire£645/mo · £179,553
Frequently asked questions
- What is the average rent in North East Lincolnshire?
- The average monthly private rent in North East Lincolnshire is £618, according to the ONS Price Index of Private Rents (May 2026), +3.2% over the past 12 months. The UK average is £1,383.
- What is the average house price in North East Lincolnshire?
- The average house price in North East Lincolnshire is £149,911 (HM Land Registry UK House Price Index, April 2026), +1.3% over 12 months. The UK average is £270,080.
- What is the gross rental yield in North East Lincolnshire?
- Dividing the average annual rent (£7,416) by the average house price (£149,911) gives a gross rental yield of 4.9% in North East Lincolnshire. 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 North East Lincolnshire?
- In North East Lincolnshire the average house price equals about 20.2 years of average rent (price-to-rent ratio 20.2). 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.