Current Market Rents in ME16

Actual asking rents for rental properties calculated daily

Current market rents in ME16 represent the actual asking rents for rental properties, calculated daily. You can view the latest rental price trends in ME16 with our Asking Rents Report for ME16.

Summary of Rental Properties in ME16

Total rental properties in ME16: 511
Properties listed in the last 14 days: 36
Average rent of rental properties: £1,320
Median rent: £1,250
Average time on market (ToM) of unlet property in ME16: 250 days
Median time on market (ToM) of unlet property: 199 days

Rental Properties in ME16 by Rent

Rent Range No. of properties Average ToM
under £250 pcm 2 343 days
£500 to £1,000 pcm 128 223 days
£1,000 to £2,000 pcm 353 255 days
£2,000 to £5,000 pcm 24 320 days
over £5,000 pcm 4 240 days

Rental Prices in ME16 by Number of Bedrooms

Bedrooms No. of properties Average rent Median rent Average ToM
One bedroom 111 £910 £910 226 days
Two bedrooms 232 £1,300 £1,300 262 days
Three bedrooms 79 £1,614 £1,614 258 days
Four bedrooms 33 £2,014 £2,014 291 days
Five bedrooms 2 £2,600 £2,600 316 days

Rental Prices in ME16 by Type

Property Type No. of properties Average rent Median rent Average ToM
Flat 272 £1,114 £1,114 221 days
Terraced 108 £1,465 £1,465 256 days
Semi-detached 34 £1,617 £1,617 241 days
Detached 18 £2,136 £2,136 350 days

More Rental Price Data for ME16