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: | 108 |
| Properties listed in the last 14 days: | 35 |
| Average rent of rental properties: | £1,245 |
| Median rent: | £1,163 |
| Average time on market (ToM) of unlet property in ME1: | 56 days |
| Median time on market (ToM) of unlet property: | 29 days |
Rental Properties in ME1 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 1 | 135 days |
| £250 to £500 pcm | 2 | 71 days |
| £500 to £1,000 pcm | 34 | 73 days |
| £1,000 to £2,000 pcm | 63 | 44 days |
| £2,000 to £5,000 pcm | 7 | 37 days |
| over £5,000 pcm | 1 | 234 days |
Rental Prices in ME1 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 43 | £926 | £995 | 36 days |
| Two bedrooms | 28 | £1,303 | £1,300 | 30 days |
| Three bedrooms | 14 | £1,484 | £1,450 | 39 days |
| Four bedrooms | 7 | £1,681 | £2,000 | 48 days |
Rental Prices in ME1 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 53 | £1,167 | £1,188 | 29 days |
| Terraced | 14 | £1,350 | £1,350 | 34 days |
| Semi-detached | 4 | £1,713 | £1,775 | 17 days |
| Detached | 7 | £1,586 | £2,000 | 45 days |