Test Valley property market
In Test Valley (South East) the average private rent is £1,215/month (ONS, May 2026) and the average house price is £374,341 (HM Land Registry, April 2026). That puts rent 12% below and house prices 39% above the UK average. The gross rental yield works out at 3.9%.
- Average rent
- £1,215/mo
- +7.2% YoY
- Average house price
- £374,341
- -0.7% 12m
- Gross rental yield
- 3.9%
- UK avg 6.1%
- Price-to-rent
- 25.7
- UK avg 16.3
Rent vs buy in Test Valley
The average home in Test Valley costs about 25.7 years of average rent (price-to-rent ratio 25.7), 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 Test Valley (1/2/3/4-bed breakdown)£1,215
- House prices in Test Valley (by property type)£374,341
Nearby areas in South East
- Basingstoke and Deane£1,317/mo · £361,820
- New Forest£1,240/mo · £370,226
- Lewes£1,323/mo · £371,860
- Wealden£1,266/mo · £388,369
- Bracknell Forest£1,490/mo · £397,667
- West Berkshire£1,290/mo · £400,550
Frequently asked questions
- What is the average rent in Test Valley?
- The average monthly private rent in Test Valley is £1,215, according to the ONS Price Index of Private Rents (May 2026), +7.2% over the past 12 months. The UK average is £1,383.
- What is the average house price in Test Valley?
- The average house price in Test Valley is £374,341 (HM Land Registry UK House Price Index, April 2026), -0.7% over 12 months. The UK average is £270,080.
- What is the gross rental yield in Test Valley?
- Dividing the average annual rent (£14,580) by the average house price (£374,341) gives a gross rental yield of 3.9% in Test Valley. 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 Test Valley?
- In Test Valley the average house price equals about 25.7 years of average rent (price-to-rent ratio 25.7). 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.