Current Market Rents in SM2
Actual asking rents for rental properties calculated daily
Current market rents in SM2 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in SM2 with our Asking Rents Report for SM2.
Summary of Rental Properties in SM2
| Total rental properties in SM2: | 779 |
| Properties listed in the last 14 days: | 35 |
| Average rent of rental properties: | £1,991 |
| Median rent: | £1,700 |
| Average time on market (ToM) of unlet property in SM2: | 322 days |
| Median time on market (ToM) of unlet property: | 272 days |
Rental Properties in SM2 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| £250 to £500 pcm | 1 | 183 days |
| £500 to £1,000 pcm | 26 | 247 days |
| £1,000 to £2,000 pcm | 531 | 284 days |
| £2,000 to £5,000 pcm | 195 | 398 days |
| over £5,000 pcm | 26 | 592 days |
Rental Prices in SM2 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 183 | £1,340 | £1,340 | 302 days |
| Two bedrooms | 333 | £1,731 | £1,731 | 292 days |
| Three bedrooms | 76 | £2,348 | £2,348 | 409 days |
| Four bedrooms | 84 | £3,252 | £3,252 | 405 days |
| Five bedrooms | 39 | £4,602 | £4,602 | 440 days |
Rental Prices in SM2 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 526 | £1,558 | £1,558 | 272 days |
| Terraced | 49 | £2,133 | £2,133 | 356 days |
| Semi-detached | 30 | £2,330 | £2,330 | 472 days |
| Detached | 96 | £3,805 | £3,805 | 461 days |