Elmbridge

A home in Elmbridge costs 15.7x the local median salary — very stretched, improving from a peak of 19.2x in 2022.

Average monthly rent in Elmbridge is £1,834, down 2.6% year-on-year. Rents have risen consistently over the past five years.

Based on the average Elmbridge price of £749,367 with a 25% deposit (£187k), a 2-year fixed mortgage at 3.97% costs around £2,957 per month.

Monthly mortgage payments (£2,957) are £1,123 more than renting (£1,834). However, buying requires an upfront deposit of £187k — it would take around 24 years to recoup that cost compared to renting and investing the difference.