Current Market Rents in SM1
Actual asking rents for rental properties calculated daily
Current market rents in SM1 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in SM1 with our Asking Rents Report for SM1.
Summary of Rental Properties in SM1
| Total rental properties in SM1: | 1,462 |
| Properties listed in the last 14 days: | 64 |
| Average rent of rental properties: | £1,911 |
| Median rent: | £1,800 |
| Average time on market (ToM) of unlet property in SM1: | 259 days |
| Median time on market (ToM) of unlet property: | 205 days |
Rental Properties in SM1 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| £250 to £500 pcm | 1 | 49 days |
| £500 to £1,000 pcm | 53 | 268 days |
| £1,000 to £2,000 pcm | 806 | 256 days |
| £2,000 to £5,000 pcm | 597 | 263 days |
| over £5,000 pcm | 5 | 354 days |
Rental Prices in SM1 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 541 | £1,558 | £1,558 | 229 days |
| Two bedrooms | 619 | £2,034 | £2,034 | 235 days |
| Three bedrooms | 164 | £2,383 | £2,383 | 355 days |
| Four bedrooms | 57 | £2,861 | £2,861 | 456 days |
| Five bedrooms | 16 | £3,027 | £3,027 | 447 days |
Rental Prices in SM1 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 1,143 | £1,824 | £1,824 | 231 days |
| Terraced | 111 | £2,298 | £2,298 | 348 days |
| Semi-detached | 88 | £2,360 | £2,360 | 386 days |
| Detached | 18 | £2,811 | £2,811 | 375 days |