Residential dwellings
19,421
Addressable residential units in the area (OS AddressBase).
ML2 house prices
Asking £1,559/m² · Asking rent £749/month · Gross yield 6.2% · 427 listed · 12 months, listings to Sep 2026
What is ML2?
ML2: residential dwellings 19,421.
HMO-shaped dwellings
0.0%
ML2 has the highest HMO-shaped dwellings of the 10 neighbouring postcode districts compared.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 15,696
- Mixed-use buildings
- 89%
- HMO-shaped units
- 0.0%
What does ML2 cost?
ML2: asking price £148,114 (12 months to Sep 2026, 595 listings). -9.6% on the previous 12 months.
Asking price
£148,114 12 months to Sep 2026
595 listings
-9.6% on the previous 12 months.
Median ASKING price of residential sale listings that came to market in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 595 listings.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Asking price per m²
£1,559/m² 12 months to Sep 2026
427 listings
Median asking price per square metre of residential sale listings in the month, from portal listings. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 427 listings.
What does ML2 earn?
ML2: asking rent £749/month (12 months to Sep 2026, 171 lets).
Asking rent
£749/month 12 months to Sep 2026
171 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 171 lets.
Gross yield, asking basis
6.2% 12 months to Sep 2026
230 lets
+8.6% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 230 lets.
Sample is the dated lettings behind the latest month's rent cell.
How does ML2 vary by home size?
Asking price in ML2 runs from £105,561 for 2 bedrooms to £331,171 for 4 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £105,561 | 12 months to Sep 2026 | +5.7% on the previous 12 months | 209 |
| 3 bedrooms | £189,843 | 12 months to Sep 2026 | -8.8% on the previous 12 months | 231 |
| 4 bedrooms | £331,171 | 12 months to Sep 2026 · 10 of 12 months observed | — | 97 |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is ML2?
ML2: listings for sale 427 (12 months to Sep 2026, 427 listings).
Listings for sale
427 12 months to Sep 2026
427 listings
Residential sale listings observed in the month, from portal listings. 12-month figure: the months added, 12 months to Sep 2026, 427 listings.
New listings
548 12 months to Sep 2026
548 listings
-4.4% on the previous 12 months.
Listings first seen in the month and never reduced; undercounts new listings by the reduction share, by construction. 12-month figure: the months added, 12 months to Sep 2026, 548 listings.
Never-reduced cohort: undercounts new listings by the reduction share.
Price reductions
47 12 months to Sep 2026
47 listings
-9.6% on the previous 12 months.
Listings whose last price reduction was in the month; `share` is reductions over added plus reduced. 12-month figure: the months added, 12 months to Sep 2026, 47 listings.
Reductions dated by the last reduction; several reductions of one listing count once.
Who is active in ML2?
20 agents listed homes for sale in ML2; the three largest took 27% of the listings.
- Agents active
- 20
- Top three agents’ share
- 27%
- New homes among listings
- 15%
Days to completion is on the listings matched to a registered sale, not a sell-through rate.
Who owns ML2?
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 ML2 rank?
ML2 ranks 6th of 9 postcode districts in North Lanarkshire for gross yield, asking basis, at 6.2%.
Gross yield, asking basis · postcode districts in North Lanarkshire
ML2 ranks 6th of 9 postcode districts in North Lanarkshire for gross yield, asking basis, at 6.2%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | ML7 | 7.3% | 12 months to Sep 2026 · from monthly figures · 8 of 12 months observed | 54 | indicative |
| 2 | ML4 | 7.2% | 12 months to Sep 2026 · from monthly figures | 126 | measured |
| 3 | G67 | 6.6% | 12 months to Sep 2026 · from monthly figures | 239 | measured |
| 4 | G65 | 6.5% | 12 months to Sep 2026 · from monthly figures · 11 of 12 months observed | 108 | measured |
| 5 | G69 | 6.2% | 12 months to Sep 2026 · from monthly figures | 138 | measured |
| 6 | ML2 | 6.2% | 12 months to Sep 2026 · from monthly figures | 230 | measured |
Full table: gross yield, asking basis across postcode districts in North Lanarkshire
Where next from ML2?
- North LanarkshireThe wider market this area sits in.
- G65Neighbouring postcode district · Asking £2,128/m² · Sep 2026
- G67Neighbouring postcode district · Asking £1,448/m² · Sep 2026
- G68Neighbouring postcode district · Asking £2,299/m² · Sep 2026
- G69Neighbouring postcode district · Asking £2,614/m² · Sep 2026
- ML1Neighbouring postcode district · Asking £2,142/m² · Sep 2026
- ML4Neighbouring postcode district · Asking £1,664/m² · Sep 2026
- ML5Neighbouring postcode district · Asking £2,321/m² · Sep 2026
- ML6Neighbouring postcode district · Asking £1,949/m² · Sep 2026
- EH47Next door, in another authority · Asking £2,476/m² · Sep 2026
- ML8Next door, in another authority · Asking £1,918/m² · Sep 2026
- ML9Next door, in another authority · Asking £2,146/m² · Sep 2026
- ML3Next door, in another authority · Asking £2,574/m² · Sep 2026
- ML11Next door, in another authority · Asking £2,160/m² · Sep 2026
Questions about ML2
- What is the average rent in ML2?
- Homes to let in ML2 asked a median £749/month over the 12 months to Sep 2026, 171 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in ML2?
- 6.2% 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 Sep 2026, 230 lets. +8.6% on the previous 12 months.
- What kind of homes are in ML2?
- ML2 has 19,421 homes, 0.0% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about ML2
- Property values in ML2Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in ML2Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in ML2What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in ML2What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in ML2Registered completions from Price Paid, newest first.
- Planning applications in ML2What was proposed, who decided it and whether it was approved.
- Estate agents in ML2Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking price | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 595 listings |
| Asking price per m² | Portal listings | 12 months to Sep 2026 | Sep 2026 | 427 listings |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 171 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 230 lets |
| Listings for sale | Portal listings | 12 months to Sep 2026 | Sep 2026 | 427 listings |
| New listings | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 548 listings |
| Price reductions | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 47 listings |
| Live listings | MarketCode market evidence | on 4 Nov 2026 | 4 Nov 2026 | — |