The rent prices in real estate in Bathurst, in the Eastern Cape region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Bathurst has had a strong fall during the last 6 months. In November, the average price per m² was R 6 664. In the following month the price per m² fell considerably to R 3 927. In the following two months the price per m² has risen 107 %, going from R 5 295,5 to R 5 677 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of R 5 486,25 to R 5 677 during March y April
When referring to the price in Bathurst (cities & towns), this has fallen in the last 6 months. The average price for November is R 6 664. During December the price had a slight fall till R 6 292. During the following two months (January, February) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from R 6 078 to R 5 678 in March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 24 % more affordable than the average price of R 4 332 in Bathurst. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 24 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 24 % more affordable than the average price of (R 4 332 / m²) in Bathurst. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 24 % more affordable than the average value aforementioned.