Pay vs Place

Malvern Hills vs Warwick: buying or renting a home

A typical terraced house costs £84,000 (35%) more in Warwick than in Malvern Hills. Measured against local pay, buying is about equally hard in both.

Malvern Hills, terraced
£238,000
Income typically needed: £47,500
Median full-time pay: £35,429
Warwick, terraced
£322,000
Income typically needed: £64,500
Median full-time pay: £48,523

At a glance

Malvern Hills Warwick
Buying a home Expensive Fairly affordable
Renting a home Fairly affordable Fairly affordable
Recorded crime About average Low

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 Warwick (£48,523) is 37% higher than in Malvern Hills (£35,429), while a typical terraced house costs 35% more (£322,000 against £238,000).

Buying a terraced house takes 6.7× annual pay in Malvern Hills and 6.6× in Warwick. Renting one takes 31% of pay in Malvern Hills and 30% in Warwick. On both measures the two areas are close.

Across all property types and measured against pay, Malvern Hills is the 74th most expensive of 316 areas to buy in, and Warwick is around the middle of 316 areas (182nd most expensive). For renting against pay, Malvern Hills is around the middle of 316 areas (170th most expensive) and Warwick is around the middle of 316 areas (186th most expensive).

Someone on £40,000 in Malvern Hills would need about £54,000 in Warwick to be equally placed to buy a terraced house, and about £53,000 to be equally placed to rent one. Keeping the same pay after a move to Warwick would leave you worse 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 63.6 crimes per 1,000 residents in Malvern Hills and 56.1 in Warwick, so recorded crime per resident is 12% lower in Warwick. The biggest difference is in vehicle offences: 2.8 per 1,000 in Malvern Hills against 5.0 in Warwick.

Can a typical earner buy?

Terraced house Malvern Hills Warwick
Median full-time pay £35,429 £48,523
House price ÷ pay 6.7× 6.6×
Median pay as a share of income typically needed to buy 74% 75%
Rent a year as a share of median pay 31% 30%

Buying, by property type

Type Malvern Hills Warwick Difference
Detached £460,000 £528,250 +15% in Warwick
Semi-detached £295,000 £362,500 +23% in Warwick
Terraced £238,000 £322,000 +35% in Warwick

Renting, by property type

Type (average rent a month) Malvern Hills Warwick Difference
Detached £1,231 £1,726 +40% in Warwick
Semi-detached £1,014 £1,294 +28% in Warwick
Terraced £915 £1,208 +32% in Warwick

Crime

Police recorded 63.6 crimes per 1,000 residents in Malvern Hills and 56.1 in Warwick, so recorded crime per resident is 12% lower in Warwick.

Police recorded crime per 1,000 residents Malvern Hills Warwick Difference
All recorded crime (excluding fraud) 63.6 56.1 -12% in Warwick
Violence against the person 25.1 20.1 -20% in Warwick
Sexual offences 2.8 2.7 -2% in Warwick
Robbery 0.8 0.6 -24% in Warwick
Residential burglary (per 1,000 households) 6.0 6.4 +7% in Warwick
Vehicle offences 2.8 5.0 +82% in Warwick
Theft from the person 0.2 0.3 +26% in Warwick
Criminal damage and arson 6.0 4.6 -23% in Warwick

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.

Malvern Hills: 164Warwick: 188
House prices in Malvern Hills and Warwick since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Malvern Hills now 164, Warwick now 188.7510012515017520020052010201520202025House prices in Malvern Hills and Warwick since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Malvern Hills now 164, Warwick now 188.7510012515017520020102020
Show the figures
YearMalvern HillsWarwick
2005100100
2006104103
2007113109
2008106105
20099896
2010103105
2011103107
2012101109
2013102113
2014108123
2015113133
2016119143
2017124150
2018129155
2019132156
2020133159
2021144164
2022156174
2023159178
2024158178
2025159185
12 months to July 2026164188

In 2005 the average home cost £208,484 in Malvern Hills and £195,516 in Warwick. Now it is £342,672 and £367,874: Malvern Hills is up 64% and Warwick is up 88%. Prices have risen faster in Warwick, 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.

Malvern Hills: 9.3 years of payWarwick: 7.5 years of pay
Years of median pay needed to buy the average home in Malvern Hills and WarwickMalvern Hills now 9.3, Warwick now 7.5 years of pay.0×2.5×5×7.5×10×20052010201520202025Years of median pay needed to buy the average home in Malvern Hills and WarwickMalvern Hills now 9.3, Warwick now 7.5 years of pay.0×2.5×5×7.5×10×20052010201520202025
Show the figures
YearMalvern HillsWarwick
20058.6 years of pay7.4 years of pay
2010–7.7 years of pay
20159.1 years of pay8.6 years of pay
20209.4 years of pay8.7 years of pay
20259.3 years of pay7.5 years of pay

In 2005 a home cost 8.6 years of pay in Malvern Hills and 7.4 years in Warwick. In 2025 it was 9.3 years and 7.5 years.

Affordability has worsened more in Malvern Hills over that time.

How rents have changed in each area

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

Malvern Hills: 149Warwick: 142
Rents in Malvern Hills and Warwick since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Malvern Hills now 149, Warwick now 142.100120140160201620182020202220242026Rents in Malvern Hills and Warwick since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Malvern Hills now 149, Warwick now 142.100120140160201520202025
Show the figures
YearMalvern HillsWarwick
2015100100
2016102104
2017104108
2018105110
2019107110
2020109110
2021112110
2022115114
2023125121
2024134131
2025139139
August 2026149142

In 2015 the average rent was £636 a month in Malvern Hills and £875 in Warwick. Now it is £946 and £1,241: up 49% in Malvern Hills and up 42% in Warwick. Rents have risen faster in Malvern Hills.

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 Malvern Hills to Warwick

Earning in Malvern Hills Equivalent to buy in Warwick Equivalent to rent in Warwick
£30,000 £40,500 £39,500
£40,000 £54,000 £53,000
£50,000 £67,500 £66,000
£60,000 £81,000 £79,000

Moving from Warwick to Malvern Hills

Earning in Warwick Equivalent to buy in Malvern Hills Equivalent to rent in Malvern Hills
£30,000 £22,000 £22,500
£40,000 £29,500 £30,500
£50,000 £37,000 £38,000
£60,000 £44,500 £45,500
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job. The pay estimate for Malvern Hills is less reliable than most.

All Malvern Hills figures · All Warwick figures