Current Market Rents in ME16
Actual asking rents for rental properties calculated daily
Current market rents in ME16 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in ME16 with our Asking Rents Report for ME16.
Summary of Rental Properties in ME16
| Total rental properties in ME16: | 83 |
| Properties listed in the last 14 days: | 18 |
| Average rent of rental properties: | £3,533 |
| Median rent: | £1,250 |
| Average time on market (ToM) of unlet property in ME16: | 73 days |
| Median time on market (ToM) of unlet property: | 31 days |
Rental Properties in ME16 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 1 | 416 days |
| £500 to £1,000 pcm | 18 | 65 days |
| £1,000 to £2,000 pcm | 55 | 58 days |
| £2,000 to £5,000 pcm | 3 | 256 days |
| over £5,000 pcm | 6 | 81 days |
Rental Prices in ME16 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 18 | £919 | £938 | 63 days |
| Two bedrooms | 38 | £1,283 | £1,278 | 57 days |
| Three bedrooms | 8 | £2,394 | £1,650 | 34 days |
| Four bedrooms | 3 | £2,150 | £2,300 | 16 days |
| Five bedrooms | 1 | £1,850 | £1,850 | 79 days |
Rental Prices in ME16 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 45 | £1,136 | £1,200 | 55 days |
| Terraced | 14 | £1,810 | £1,350 | 80 days |
| Semi-detached | 3 | £1,583 | £1,600 | 48 days |
| Detached | 3 | £1,833 | £1,700 | 27 days |