marketcodeAsking rent
£812 a month 12 months to Jul 2026
183 lets
Postcode district
ML5 rental market
Asking rent £812 a month · Gross yield 5.3% · 12 months, listings to Aug 2026
What is ML5?
- Buildings
- 13,279
- Mixed-use buildings
- 59%
- HMO-shaped units
- 0.0%
What does ML5 earn?
ML5: asking rent £812 a month (12 months to Jul 2026, 183 lets).
Gross yield, asking basis
5.3% 12 months to Aug 2026
251 lets
+15.5% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
32 on 21 Sep 2026
How does ML5 vary by home size?
Asking rent in ML5 runs from £562 a month for 1 bedroom to £877 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £562 a month | 12 months to Apr 2026 | — | 55 |
| 2 bedrooms | £781 a month | 12 months to Aug 2026 | +4.6% on the previous 12 months | 144 |
| 3 bedrooms | £877 a month | 12 months to Jul 2026 | — | 103 |
| 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 ML5?
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 ML5 rank?
ML5 ranks 2nd of 9 postcode districts in North Lanarkshire for asking rent, at £812 a month.
Asking rent · postcode districts in North Lanarkshire
ML5 ranks 2nd of 9 postcode districts in North Lanarkshire for asking rent, at £812 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | G69 | £1,123 a month | 107 | measured |
| 2 | ML5 | £812 a month | 183 | measured |
| 3 | ML1 | £804 a month | 171 | measured |
| 4 | ML7 | £804 a month | 50 | indicative |
| 5 | ML4 | £798 a month | 107 | measured |
Full table: asking rent across postcode districts in North Lanarkshire →
Gross yield, asking basis · postcode districts in North Lanarkshire
ML5 ranks 8th of 9 postcode districts in North Lanarkshire for gross yield, asking basis, at 5.3%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | ML7 | 7.2% | 77 | indicative |
| 2 | ML4 | 7.1% | 139 | measured |
| 3 | G67 | 6.6% | 231 | measured |
| 4 | G65 | 6.5% | 121 | measured |
| 5 | G69 | 6.3% | 142 | measured |
| 8 | ML5 | 5.3% | 251 | measured |
Full table: gross yield, asking basis across postcode districts in North Lanarkshire →
Where next from ML5?
- North LanarkshireThe wider market this area sits in.
- G65Neighbouring postcode district · £1,801/m²
- G67Neighbouring postcode district · £1,423/m²
- G68Neighbouring postcode district · £2,482/m²
- G69Neighbouring postcode district · £2,279/m²
- ML1Neighbouring postcode district · £2,000/m²
- ML2Neighbouring postcode district · £1,597/m²
- ML4Neighbouring postcode district · £1,571/m²
- ML6Neighbouring postcode district · £2,021/m²
- G71Next door, in another authority · £3,020/m²
- G34Next door, in another authority · £998/m²
- G66Next door, in another authority · £2,466/m²
Questions about ML5
- What is the average rent in ML5?
- Homes to let in ML5 asked a median £812 a month over the 12 months to Jul 2026, 183 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in ML5?
- 5.3% 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, 251 lets. +15.5% on the previous 12 months.
Everything else about ML5
- Properties in ML5Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in ML5Footprints, heights and the units inside them.
- Land and plots in ML5Registered parcels with their area, tenure and what stands on them.
- Homes for sale in ML5What is on the market right now, with the evidence beside each asking price.
- Homes to rent in ML5What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in ML5Registered completions from Price Paid, newest first.
- Planning applications in ML5What was proposed, who decided it and whether it was approved.
- Estate agents active in ML5Who 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 | 183 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 251 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |