How to use the Rental Value Calculator UK: full video tutorial
Estimate the typical market rent for a UK postcode and compare it with the Local Housing Allowance (LHA) for the area. Education only.
▶ Play the tutorial (6:01)About this tutorial
See the estimated market rent for any rental property next to the Local Housing Allowance, the most housing benefit a tenant in that area can receive. This full guide walks you through every box and result in the Property Clues Rental Value Calculator, using a worked example: a 2-bed terrace in Birmingham.
What you'll learn
- How the postcode, bedrooms, property type and condition set the estimated market rent
- The LHA rate for the area, and how much of the rent it covers
- The monthly and yearly top-up a tenant on benefits would pay
- Regional yield, growth and stamp duty on the UK map
- Comparing your own rent with the likely range, and saving estimates
Chapters
- £840 rent, £715 LHA: who pays the gap? (example)
- Finding your way around
- The property
- Compare with your rent
- The four results
- The region on the map
- Your rent and the year ahead
- Understanding the LHA
- What if it had three bedrooms?
- What if it is refurbished?
- Testing a different area
- What if your asking rent is higher?
- Using the estimate well
- Saving and recap
Figures in the video are a worked example. Property Clues tools are educational calculators and checklists, not financial, tax, mortgage or legal advice. Speak to a qualified adviser about your own situation. The voice in the video is AI-generated.