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: | 780 |
| Properties listed in the last 14 days: | 24 |
| Average rent of rental properties: | £1,987 |
| Median rent: | £1,700 |
| Average time on market (ToM) of unlet property in SM2: | 346 days |
| Median time on market (ToM) of unlet property: | 298 days |
Rental Properties in SM2 by Rent
| Rent Range | No. of properties | Average ToM |
|---|---|---|
| £250 to £500 pcm | 1 | 210 days |
| £500 to £1,000 pcm | 27 | 264 days |
| £1,000 to £2,000 pcm | 534 | 307 days |
| £2,000 to £5,000 pcm | 192 | 429 days |
| over £5,000 pcm | 26 | 619 days |
Rental Prices in SM2 by Number of Bedrooms
| Bedrooms | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| One bedroom | 184 | £1,335 | £1,335 | 324 days |
| Two bedrooms | 331 | £1,734 | £1,734 | 317 days |
| Three bedrooms | 79 | £2,342 | £2,342 | 419 days |
| Four bedrooms | 82 | £3,271 | £3,271 | 439 days |
| Five bedrooms | 37 | £4,740 | £4,740 | 485 days |
Rental Prices in SM2 by Type
| Property Type | No. of properties | Average rent | Median rent | Average ToM |
|---|---|---|---|---|
| Flat | 530 | £1,557 | £1,557 | 293 days |
| Terraced | 46 | £2,161 | £2,161 | 403 days |
| Semi-detached | 30 | £2,405 | £2,405 | 496 days |
| Detached | 95 | £3,800 | £3,800 | 490 days |