The rent prices in real estate in Kenton-on-sea, in the Eastern Cape region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Kenton-on-sea has risen during the last 6 months. In October, the average price per m² was R 12. In the following month the price per m² rose considerably to R 16. In the following two months the price per m² has risen 114 %, going from R 14 to R 16 per m². The price per m² has had a considerable fall of 67 % 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 15 to R 10 during February, and March.
When referring to the price in Kenton-on-sea (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during October, is R 2 311. During November the price went through a considerable rise reaching R 3 999. During the following two months (December, January) the average price had a considerable rise of 152 % 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 90 %, going from R 3 975,75 to R 3 560 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of R 3 578 they are 21 % more affordable than the average price for Kenton-on-sea . The properties with the lowest average price have 1 bedroom, Their price is 21 % more affordable than the average. After that we have properties with 2 bedrooms priced at R 2 824.
According to average price per property type in Kenton-on-sea, "" priced at R 2 824 is 21 % lower than the average price (R 3 578) in this city.