Current Market Rents in ME1
Actual asking rents for rental properties calculated daily
Current market rents in ME1 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in ME1 with our Asking Rents Report for ME1.
Summary of Rental Properties in ME1
| Total rental properties in ME1: | 546 |
| Properties listed in the last 14 days: | 25 |
| Average rent of rental properties: | £1,290 |
| Median rent: | £1,250 |
| Average time on market (ToM) of unlet property in ME1: | 331 days |
| Median time on market (ToM) of unlet property: | 246 days |
Rental Properties in ME1 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 1 | 76 days |
| £250 to £500 pcm | 12 | 218 days |
| £500 to £1,000 pcm | 101 | 281 days |
| £1,000 to £2,000 pcm | 402 | 354 days |
| £2,000 to £5,000 pcm | 29 | 252 days |
| over £5,000 pcm | 1 | 175 days |
Rental Prices in ME1 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 159 | £976 | £976 | 265 days |
| Two bedrooms | 193 | £1,310 | £1,310 | 313 days |
| Three bedrooms | 121 | £1,588 | £1,588 | 474 days |
| Four bedrooms | 30 | £1,587 | £1,587 | 303 days |
| Five bedrooms | 5 | £1,630 | £1,630 | 305 days |
Rental Prices in ME1 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 255 | £1,183 | £1,183 | 292 days |
| Terraced | 140 | £1,411 | £1,411 | 422 days |
| Semi-detached | 31 | £1,686 | £1,686 | 489 days |
| Detached | 21 | £1,936 | £1,936 | 290 days |