Property investment stats for Rugby, West Midlands

• The average rental yield of 5.5% is attractive, and the top postcode district offers an even higher yield of 5.7%.
• With the current median asking sale price for a 3-bedroom house at £305,000, affordability is a draw for families and first-time buyers.
• The market's liquidity is healthy, with properties selling in an average of 49 days and a modest median discount of £1,000 (the typical achieved discount).

• Capital growth over the past year has changed by -1.0%, which could signal a pause in the market's upward momentum.
• The rent-to-income ratio is 19.0%, so some renters may feel stretched if rents rise further.
• Although demand is steady, the market could become more competitive if supply increases or if borrowing costs change.

Looking ahead, Rugby's property market seems set for stability rather than dramatic growth. The annualised growth rate over three years is 3.3%, which is neither rapid nor stagnant. With a large proportion of private renters and families in the area, demand for both houses and flats should remain solid, especially given the current asking rents of £1,300 for a 3-bedroom house and £875 for a 2-bedroom flat.

Given the current affordability and reasonable yields, I expect investors will continue to see Rugby as a sensible choice. However, with recent capital growth changes, the days of quick wins may be on hold for now. Investors should focus on long-term income and gradual appreciation rather than short-term speculation.