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Neath Port Talbot · report

Buy or rent in Neath Port Talbot

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
£692
Owning per month
£781

Try your own numbers

Starting from the average sale price of £165,787 and the average private rent of £692 a month in Neath Port Talbot, 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
£692
Owning a month, not recovered
£781
Interest
£572
Running costs
£138
Return given up
£70
Cash out a month, if buying
£903

Gross rental yield in Neath Port Talbot

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
PeriodNeath Port Talbot
Aug 20265.0%
Jul 20264.9%
Jun 20265.0%
May 20265.0%
Apr 20265.0%
Mar 20265.0%
Feb 20265.0%
Jan 20264.9%
Dec 20254.9%
Nov 20254.9%
Oct 20254.9%
Sep 20254.9%
Aug 20254.8%
Jul 20254.7%
Jun 20254.7%
May 20254.7%
Apr 20254.7%
Mar 20254.7%
Feb 20254.7%
Jan 20254.6%
Dec 20244.6%
Nov 20244.6%
Oct 20244.7%
Sep 20244.6%
Aug 20244.5%
Jul 20244.4%
Jun 20244.5%
May 20244.6%
Apr 20244.6%
Mar 20244.7%
Feb 20244.6%
Jan 20244.5%
Dec 20234.3%
Nov 20234.3%
Oct 20234.3%
Sep 20234.3%
Aug 20234.2%
Jul 20234.1%
Jun 20234.1%
May 20234.2%
Apr 20234.1%
Mar 20234.0%
Feb 20234.0%
Jan 20234.0%
Dec 20224.0%
Nov 20223.9%
Oct 20223.9%
Sep 20224.0%
Aug 20224.0%
Jul 20224.0%
Jun 20224.1%
May 20224.2%
Apr 20224.3%
Mar 20224.2%
Feb 20224.2%
Jan 20224.1%
Dec 20214.2%
Nov 20214.3%
Oct 20214.3%
Sep 20214.5%
Aug 20214.4%
Jul 20214.5%
Jun 20214.5%
May 20214.6%
Apr 20214.6%
Mar 20214.8%
Feb 20214.8%
Jan 20214.8%
Dec 20204.7%
Nov 20204.8%
Oct 20204.9%
Sep 20205.0%
Aug 20205.0%
Jul 20205.0%
Jun 20205.1%
May 20205.0%
Apr 20205.1%
Mar 20205.1%
Feb 20205.1%
Jan 20205.1%
Dec 20195.0%
Nov 20195.0%
Oct 20195.1%
Sep 20195.1%
Aug 20195.1%
Jul 20195.2%
Jun 20195.1%
May 20195.3%
Apr 20195.3%
Mar 20195.5%
Feb 20195.5%
Jan 20195.4%
Dec 20185.4%
Nov 20185.2%
Oct 20185.2%
Sep 20185.2%
Aug 20185.3%
Jul 20185.4%
Jun 20185.4%
May 20185.4%
Apr 20185.5%
Mar 20185.5%
Feb 20185.5%
Jan 20185.4%
Dec 20175.4%
Nov 20175.3%
Oct 20175.3%
Sep 20175.4%
Aug 20175.5%
Jul 20175.6%
Jun 20175.7%
May 20175.6%
Apr 20175.6%
Mar 20175.6%
Feb 20175.6%
Jan 20175.7%
Dec 20165.6%
Nov 20165.5%
Oct 20165.5%
Sep 20165.6%
Aug 20165.6%
Jul 20165.5%
Jun 20165.6%
May 20165.7%
Apr 20165.7%
Mar 20165.9%
Feb 20165.9%
Jan 20165.9%
Dec 20155.8%
Nov 20155.8%
Oct 20155.9%
Sep 20156.0%
Aug 20156.0%
Jul 20156.0%
Jun 20156.0%
May 20156.0%
Apr 20156.1%
Mar 20156.0%
Feb 20155.9%
Jan 20155.9%

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 Neath Port Talbot

Sale prices have an 80% chance of landing between £167,909 and £190,337 by August 2027.

Expected, August 2027
£179,123
Chance of a rise
94%

At the average sale price, a home costs £165,787. With 10% down and a 30-year mortgage, the payment is £765 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
13%
Payment, one income
25%

95.3% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
5
Per 1,000 residents
0.0

Figures for United Kingdom: Neath Port Talbot 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 12 times since 1995. The deepest began in November 2007.

Deepest fall
−23.1%
Recovery from the low
74 months

In 2025 the population fell by 595 while 40 homes were finished.

Homes finished, 2025
40
Population change, 2025
−595

5.7% of the 66,404 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.7%
Empty homes
3,795