High Peak vs North West Leicestershire: buying or renting a home

A typical terraced house costs £38,500 (21%) more in High Peak than in North West Leicestershire. Measured against local pay, buying is harder in High Peak: it takes 5.9× median annual pay, against 4.7× in North West Leicestershire.

At a glance

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in North West Leicestershire (£38,795) is 4% higher than in High Peak (£37,184), while a typical terraced house costs 18% less (£181,500 against £220,000). Set against local pay, North West Leicestershire is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 5.9× annual pay in High Peak and 4.7× in North West Leicestershire. Renting one takes 29% of pay in High Peak and 27% in North West Leicestershire. Both are harder in High Peak, and the gap is wider for buying.

Across all property types and measured against pay, High Peak is around the middle of 316 areas (190th most expensive) to buy in, and North West Leicestershire is the 118th least expensive of 316 areas. For renting against pay, High Peak is the 124th least expensive of 316 areas and North West Leicestershire is the 90th least expensive of 316 areas.

Someone on £40,000 in High Peak would need about £33,000 in North West Leicestershire to be equally placed to buy a terraced house, and about £39,000 to be equally placed to rent one. Keeping the same pay after a move to North West Leicestershire would leave you better placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 59.1 crimes per 1,000 residents in High Peak and 59.2 in North West Leicestershire: about the same. The biggest difference is in vehicle offences: 2.5 per 1,000 in High Peak against 4.1 in North West Leicestershire.

Can a typical earner buy?

Buying, by property type

Renting, by property type

Crime

Police recorded 59.1 crimes per 1,000 residents in High Peak and 59.2 in North West Leicestershire: about the same.

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

In 2005 the average home cost £141,093 in High Peak and £162,435 in North West Leicestershire. Now it is £256,671 and £281,715: High Peak is up 82% and North West Leicestershire is up 73%. Prices have risen faster in High Peak, so the gap between the two has narrowed.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

In 2005 a home cost 6.2 years of pay in High Peak and 7.4 years in North West Leicestershire. In 2025 it was 6.7 years and 7.1 years.

Affordability has worsened more in High Peak over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

In 2015 the average rent was £596 a month in High Peak and £568 in North West Leicestershire. Now it is £937 and £914: up 57% in High Peak and up 61% in North West Leicestershire.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from High Peak to North West Leicestershire

Moving from North West Leicestershire to High Peak

All High Peak figures · All North West Leicestershire figures