Current Market Rents in ME3
Actual asking rents for rental properties calculated daily
Current market rents in ME3 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in ME3 with our Asking Rents Report for ME3.
Summary of Rental Properties in ME3
| Total rental properties in ME3: | 26 |
| Properties listed in the last 14 days: | 5 |
| Average rent of rental properties: | £1,836 |
| Median rent: | £1,700 |
| Average time on market (ToM) of unlet property in ME3: | 76 days |
| Median time on market (ToM) of unlet property: | 54 days |
Rental Properties in ME3 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 5 | 124 days |
| £500 to £1,000 pcm | 1 | 23 days |
| £1,000 to £2,000 pcm | 9 | 24 days |
| £2,000 to £5,000 pcm | 10 | 82 days |
| over £5,000 pcm | 1 | 295 days |
Rental Prices in ME3 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 2 | £953 | £953 | 14 days |
| Two bedrooms | 2 | £1,175 | £1,175 | 14 days |
| Three bedrooms | 5 | £1,565 | £1,600 | 25 days |
| Four bedrooms | 1 | £2,000 | £2,000 | 16 days |
| Five bedrooms | 1 | £2,250 | £2,250 | 10 days |
Rental Prices in ME3 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 3 | £968 | £1,025 | 13 days |
| Terraced | 2 | £1,300 | £1,300 | 18 days |
| Semi-detached | 3 | £1,592 | £1,600 | 27 days |
| Detached | 2 | £2,125 | £2,125 | 13 days |