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: | 158 |
| Properties listed in the last 14 days: | 61 |
| Average rent of rental properties: | £1,773 |
| Median rent: | £1,740 |
| Average time on market (ToM) of unlet property in SM1: | 41 days |
| Median time on market (ToM) of unlet property: | 25 days |
Rental Properties in SM1 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| £250 to £500 pcm | 1 | 109 days |
| £500 to £1,000 pcm | 10 | 41 days |
| £1,000 to £2,000 pcm | 91 | 41 days |
| £2,000 to £5,000 pcm | 56 | 40 days |
Rental Prices in SM1 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 59 | £1,397 | £1,400 | 46 days |
| Two bedrooms | 45 | £1,873 | £1,800 | 35 days |
| Three bedrooms | 34 | £2,211 | £2,150 | 29 days |
| Four bedrooms | 7 | £2,836 | £3,000 | 26 days |
Rental Prices in SM1 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 109 | £1,657 | £1,650 | 37 days |
| Terraced | 20 | £2,222 | £2,250 | 35 days |
| Semi-detached | 12 | £2,313 | £2,150 | 32 days |
| Detached | 5 | £2,380 | £3,000 | 42 days |