How Much Deposit Do You Need to Buy in Compton?
On the £580,000 Compton average, a 5% deposit is £29,000, 10% is £58,000 and 15% is £87,000. The gap between those three numbers usually decides your interest rate, not your application.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
On the £580,000 Compton average, a 5% deposit is £29,000, 10% is £58,000 and 15% is £87,000. The gap between those three numbers usually decides your interest rate, not your application.
The three numbers that matter in Compton
Lenders price in bands. Crossing from 95% to 90% borrowing, then to 85%, usually moves you to a cheaper rate. On the local average those thresholds are £29,000, £58,000 and £87,000.
The monthly difference is real. Borrowing 95% costs about £3,221 a month on our illustration, against £2,882 at 85%. That is £4,069 a year, before any rate difference between the bands is counted.
Deposit levels on the Compton average price
The commercial page for this town sets out the introduction itself: Mortgage advice in Compton.
Saving the deposit on a Compton income
Buying at the £580,000 Compton benchmark needs household income of about £129,000, on the lending multiples used in our town guide. A household on that income saving a tenth of it puts away £12,900 a year.
At that rate a 10% deposit of £58,000 takes about 4 years.
Fees, duty and the rest of the cash pile
The deposit is not the only cash you need. Budget for survey, conveyancing, searches and moving.
Band D council tax in Buy in Compton is £2,541 a year, and lenders count committed outgoings when they size your loan.
An income requirement near £129,000 puts this firmly in two income territory. A single buyer is unlikely to reach the benchmark price without a large deposit or family help.
What else Compton buyers should know
The schools families ask about here are Compton CofE Primary School, The Downs School, Newbury secondaries (alternative) and Independent schools (nearby). 2 local schools were rated Good or Outstanding overall at their most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Compton to Goring & Streatley (station) takes about 15 min drive.
By price, Compton ranks 23 of the 51 Berkshire locations we cover, at £580,000 against a county average of £595,392. Band D council tax here is £2,541, against an average of £2,358 across the towns we cover in the county.
What each budget buys in Compton
Compton is a sought-after downland village in the North Wessex Downs.
The full local guide covers schools, transport and the market in detail: Compton property and area guide.
| Budget | What it buys here |
|---|---|
| Around £350,000 to £480,000 | A cottage or smaller home, the more accessible way into the village. |
| Around £480,000 to £750,000 | A village, terraced or semi-detached family home, the heart of the Compton market. |
| £750,000 and above | A detached, period or country home, the top of the local market, into seven figures for the finest houses. |
Compton is known locally for The Downs School, and The North Wessex Downs & the Ridgeway. Compton's own state secondary and sixth form, serving the surrounding downland villages, a rare and real asset for a village of its size.
Practical detail for Compton: the RG20 postcode district, none in the village, nearest Goring & Streatley, Didcot Parkway & Newbury (GWR to Paddington) and nearest A and E is Royal Berkshire (Reading) or Great Western (Swindon), both a drive; verify with NHS.
Families
People drawn to Compton's rare combination of a village primary and its own secondary (The Downs School), the safe-feeling downland setting and the countryside for children, a genuine, sought-after family village.
Country & downland lovers
People wanting genuine downland village life high in the North Wessex Downs, with the Ridgeway and the trails on the doorstep, happy to drive to the station or use the A34.
Professionals & downsizers
People wanting a characterful, well-served downland village with a research and sporting heritage near Newbury, and the road links of the A34 and M4 within reach.
Compton at a glance
| Deposit level | Compton figure |
|---|---|
| 5% deposit | £29,000 |
| 10% deposit | £58,000 |
| 15% deposit | £87,000 |
| Monthly at 95% borrowing | £3,221 |
| Monthly at 90% borrowing | £3,052 |
| Monthly at 85% borrowing | £2,882 |
| Income needed at the benchmark price | £129,000 |
| Years to save 10% at a tenth of that income | 4.5 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Compton
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Which lender band your deposit actually reaches
- Any gifted deposit letter, prepared early
- Committed outgoings cleared before the application
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Compton
Broadband speeds can vary street by street in Compton, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much deposit do I need to buy in Compton?
Can I buy with a 5% deposit here?
Does a bigger deposit beat a longer term?
How do I check broadband speed at a property in Compton?
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