Current Market Rents in SM3
Actual asking rents for rental properties calculated daily
Current market rents in SM3 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in SM3 with our Asking Rents Report for SM3.
Summary of Rental Properties in SM3
| Total rental properties in SM3: | 47 |
| Properties listed in the last 14 days: | 12 |
| Average rent of rental properties: | £2,002 |
| Median rent: | £1,650 |
| Average time on market (ToM) of unlet property in SM3: | 69 days |
| Median time on market (ToM) of unlet property: | 31 days |
Rental Properties in SM3 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| under £250 pcm | 3 | 31 days |
| £1,000 to £2,000 pcm | 31 | 45 days |
| £2,000 to £5,000 pcm | 11 | 121 days |
| over £5,000 pcm | 2 | 217 days |
Rental Prices in SM3 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 8 | £1,319 | £1,350 | 60 days |
| Two bedrooms | 18 | £1,664 | £1,650 | 31 days |
| Three bedrooms | 8 | £2,297 | £2,350 | 127 days |
| Four bedrooms | 2 | £2,900 | £2,900 | 33 days |
Rental Prices in SM3 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 29 | £1,553 | £1,550 | 41 days |
| Terraced | 4 | £2,250 | £2,250 | 154 days |
| Semi-detached | 4 | £2,400 | £2,400 | 96 days |
| Detached | 1 | £3,300 | £3,300 | 19 days |