marketcodeAsking rent
£1,134 a month 12 months to Jul 2026
283 lets
Postcode district
M24 rental market
Asking rent £1,134 a month · Gross yield 5.2% · 12 months, listings to Aug 2026
What is M24?
- Buildings
- 20,535
- Mixed-use buildings
- 55%
- HMO-shaped units
- 0.0%
What does M24 earn?
M24: asking rent £1,134 a month (12 months to Jul 2026, 283 lets).
Gross yield, asking basis
5.2% 12 months to Aug 2026
394 lets
+1.4% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
92 on 21 Sep 2026
How does M24 vary by home size?
Asking rent in M24 runs from £689 a month for 1 bedroom to £1,260 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £689 a month | 12 months to Jan 2026 | — | 50 |
| 2 bedrooms | £960 a month | 12 months to Aug 2026 | +5.2% on the previous 12 months | 157 |
| 3 bedrooms | £1,260 a month | 12 months to Aug 2026 | +5.3% on the previous 12 months | 164 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns M24?
Corporate landlords hold 85% of the 1,602 units in M24 whose freeholder is classified; 94% of all units are not yet classified.
- Corporate landlords85% of classified · 1,369 units
- Individuals (not traceable in bulk)12% of classified · 185 units
- Housing associations2.8% of classified · 45 units
- RMC0.2% of classified · 3 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does M24 rank?
M24 ranks 1st of 5 postcode districts in Rochdale for asking rent, at £1,134 a month.
Asking rent · postcode districts in Rochdale
M24 ranks 1st of 5 postcode districts in Rochdale for asking rent, at £1,134 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | M24 | £1,134 a month | 283 | measured |
| 2 | OL16 | £1,031 a month | 308 | measured |
| 3 | OL11 | £1,027 a month | 237 | measured |
| 4 | OL15 | £976 a month | 84 | indicative |
| 5 | OL10 | £945 a month | 173 | measured |
Full table: asking rent across postcode districts in Rochdale →
Gross yield, asking basis · postcode districts in Rochdale
M24 ranks 1st of 5 postcode districts in Rochdale for gross yield, asking basis, at 5.2%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | M24 | 5.2% | 394 | measured |
| 2 | OL16 | 5.1% | 518 | measured |
| 3 | OL10 | 4.7% | 240 | measured |
| 4 | OL11 | 4.7% | 341 | measured |
| 5 | OL15 | 4.5% | 129 | measured |
Full table: gross yield, asking basis across postcode districts in Rochdale →
Where next from M24?
- RochdaleThe wider market this area sits in.
- OL10Neighbouring postcode district · £2,811/m²
- OL11Neighbouring postcode district · £2,862/m²
- OL15Neighbouring postcode district · £4,107/m²
- OL16Neighbouring postcode district · £3,038/m²
- BL9Next door, in another authority · £3,217/m²
- M25Next door, in another authority · £3,742/m²
- M40Next door, in another authority · £3,651/m²
- M9Next door, in another authority · £2,537/m²
- OL1Next door, in another authority · £2,883/m²
- OL2Next door, in another authority · £2,868/m²
Questions about M24
- What is the average rent in M24?
- Homes to let in M24 asked a median £1,134 a month over the 12 months to Jul 2026, 283 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in M24?
- 5.2% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 394 lets. +1.4% on the previous 12 months.
Everything else about M24
- Properties in M24Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in M24Footprints, heights and the units inside them.
- Land and plots in M24Registered parcels with their area, tenure and what stands on them.
- Homes for sale in M24What is on the market right now, with the evidence beside each asking price.
- Homes to rent in M24What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in M24Registered completions from Price Paid, newest first.
- Planning applications in M24What was proposed, who decided it and whether it was approved.
- Estate agents active in M24Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 283 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 394 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |