Current Market Rents in ME2
Actual asking rents for rental properties calculated daily
Current market rents in ME2 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in ME2 with our Asking Rents Report for ME2.
Summary of Rental Properties in ME2
| Total rental properties in ME2: | 92 |
| Properties listed in the last 14 days: | 17 |
| Average rent of rental properties: | £1,964 |
| Median rent: | £1,444 |
| Average time on market (ToM) of unlet property in ME2: | 148 days |
| Median time on market (ToM) of unlet property: | 43 days |
Rental Properties in ME2 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| £250 to £500 pcm | 1 | 37 days |
| £500 to £1,000 pcm | 13 | 90 days |
| £1,000 to £2,000 pcm | 48 | 134 days |
| £2,000 to £5,000 pcm | 28 | 196 days |
| over £5,000 pcm | 2 | 245 days |
Rental Prices in ME2 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 14 | £884 | £850 | 46 days |
| Two bedrooms | 11 | £1,264 | £1,250 | 105 days |
| Three bedrooms | 18 | £1,572 | £1,525 | 51 days |
| Four bedrooms | 6 | £2,092 | £2,000 | 114 days |
| Five bedrooms | 2 | £2,450 | £2,450 | 57 days |
Rental Prices in ME2 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 15 | £1,092 | £1,175 | 85 days |
| Terraced | 19 | £1,486 | £1,400 | 55 days |
| Semi-detached | 7 | £1,914 | £2,000 | 95 days |
| Detached | 5 | £2,100 | £2,300 | 27 days |