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: | 511 |
| Properties listed in the last 14 days: | 24 |
| Average rent of rental properties: | £1,334 |
| Median rent: | £1,250 |
| Average time on market (ToM) of unlet property in ME16: | 329 days |
| Median time on market (ToM) of unlet property: | 264 days |
Rental Properties in ME16 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 2 | 404 days |
| £500 to £1,000 pcm | 124 | 307 days |
| £1,000 to £2,000 pcm | 355 | 334 days |
| £2,000 to £5,000 pcm | 25 | 362 days |
| over £5,000 pcm | 5 | 243 days |
Rental Prices in ME16 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 115 | £917 | £917 | 277 days |
| Two bedrooms | 227 | £1,299 | £1,299 | 343 days |
| Three bedrooms | 81 | £1,613 | £1,613 | 395 days |
| Four bedrooms | 34 | £2,038 | £2,038 | 339 days |
| Five bedrooms | 2 | £2,600 | £2,600 | 377 days |
Rental Prices in ME16 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 268 | £1,115 | £1,115 | 287 days |
| Terraced | 106 | £1,464 | £1,464 | 344 days |
| Semi-detached | 37 | £1,625 | £1,625 | 469 days |
| Detached | 19 | £2,161 | £2,161 | 387 days |