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Asking rent £1,392/month · Gross yield 4.1% · 12 months, listings to Sep 2026
Test Valley: asking rent £1,392/month (12 months to Sep 2026, 846 lets).
£1,392/month 12 months to Sep 2026
846 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 846 lets.
4.1% 12 months to Sep 2026
1,465 lets
+7.4% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 1,465 lets.
Sample is the dated lettings behind the latest month's rent cell.
360 on 6 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 6 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
Asking rent in Test Valley runs from £945/month for 1 bedroom to £2,579/month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £945/month | 12 months to Sep 2026 | +3.9% on the previous 12 months | 278 |
| 2 bedrooms | £1,233/month | 12 months to Sep 2026 | +3.3% on the previous 12 months | 539 |
| 3 bedrooms | £1,519/month | 12 months to Sep 2026 | +0.6% on the previous 12 months | 423 |
| 4 bedrooms | £2,066/month | 12 months to Sep 2026 | -2.9% on the previous 12 months | 147 |
| 5+ bedrooms | £2,579/month | 12 months to Apr 2026 · 6 of 12 months observed | — | 34 |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Corporate landlords hold 68% of the 1,778 units in Test Valley whose freeholder is classified; 97% of all units are not yet classified.
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Test Valley ranks 7th of 11 local authorities in Hampshire for asking rent, at £1,392/month.
Test Valley ranks 7th of 11 local authorities in Hampshire for asking rent, at £1,392/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | Hart | £1,719/month | 12 months to Sep 2026 · from monthly figures | 659 | measured |
| 2 | Winchester | £1,623/month | 12 months to Sep 2026 · from monthly figures | 1,670 | measured |
| 3 | East Hampshire | £1,580/month | 12 months to Sep 2026 · from monthly figures | 789 | measured |
| 4 | New Forest | £1,479/month | 12 months to Sep 2026 · from monthly figures | 942 | measured |
| 5 | Basingstoke and Deane | £1,424/month | 12 months to Sep 2026 · from monthly figures | 1,587 | measured |
| 7 | Test Valley | £1,392/month | 12 months to Sep 2026 · from monthly figures | 846 | measured |
Full table: asking rent across local authorities in Hampshire
Test Valley ranks 6th of 11 local authorities in Hampshire for gross yield, asking basis, at 4.1%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | Gosport | 5.2% | 12 months to Sep 2026 · from monthly figures | 1,187 | measured |
| 2 | Rushmoor | 4.4% | 12 months to Sep 2026 · from monthly figures | 1,590 | measured |
| 3 | Eastleigh | 4.4% | 12 months to Sep 2026 · from monthly figures | 1,233 | measured |
| 4 | Basingstoke and Deane | 4.3% | 12 months to Sep 2026 · from monthly figures | 2,809 | measured |
| 5 | East Hampshire | 4.2% | 12 months to Sep 2026 · from monthly figures | 1,614 | measured |
| 6 | Test Valley | 4.1% | 12 months to Sep 2026 · from monthly figures | 1,465 | measured |
Full table: gross yield, asking basis across local authorities in Hampshire
SO20 leads the 6 postcode districts within Test Valley for asking rent, at £1,966/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | SO20 | £1,966/month | 12 months to Sep 2026 · from monthly figures · 11 of 12 months observed | 50 | indicative |
| 2 | SO52 | £1,523/month | 12 months to Sep 2026 · from monthly figures · 11 of 12 months observed | 31 | indicative |
| 3 | SO53 | £1,494/month | 12 months to Sep 2026 · from monthly figures | 189 | measured |
| 4 | SP11 | £1,489/month | 12 months to Sep 2026 · from monthly figures | 215 | measured |
| 5 | SO51 | £1,429/month | 12 months to Sep 2026 · from monthly figures | 208 | measured |
Full table: asking rent across postcode districts within Test Valley
SP11 leads the 5 postcode districts within Test Valley for gross yield, asking basis, at 4.6%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | SP11 | 4.6% | 12 months to Sep 2026 · from monthly figures | 308 | measured |
| 2 | SP10 | 4.5% | 12 months to Sep 2026 · from monthly figures | 417 | measured |
| 3 | SO53 | 4.0% | 12 months to Sep 2026 · from monthly figures | 300 | measured |
| 4 | SO51 | 3.5% | 12 months to Sep 2026 · from monthly figures | 323 | measured |
| 5 | SO20 | 3.2% | 12 months to Sep 2026 · from monthly figures · 9 of 12 months observed | 68 | indicative |
Full table: gross yield, asking basis across postcode districts within Test Valley
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 846 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 1,465 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 6 Nov 2026 | 6 Nov 2026 | — |