The rent prices in real estate in Humansdorp, in the Eastern Cape region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Humansdorp has risen strongly during the last 6 months. In October, the average price per m² was R 10,13. In the following month the price per m² rose considerably to R 400. The price for the following two months in (December, January) had a considerable fall of 18 with regard to the previous two months. The price per m² has had a considerable fall of 36 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of R 120,78 to R 43 during February, and March.
When referring to the price in Humansdorp (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during October, is R 9 900. During November the price went through a considerable rise reaching R 42 833. During the following two months (December, January) the average price had a considerable fall of 79 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from R 23 623 to R 8 736,5, which means a 37 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 74 % more expensive than the average price of R 12 564 in Humansdorp. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 74 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 67 % more affordable than the average price of (R 27 / m²) in Humansdorp. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 67 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most expensive one. At an cost of R 7 228 it is 73 % more expensive than the average price in Humansdorp. "House" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of R 12 564 it is 278 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Apartment" at an average price of R 22 / m² followed by "House" priced at R 27 / m². "House" is the most affordable type of property with a R 27 / m² value followed by "Apartment" with an average price of R 22 / m².