The rent prices in real estate in King Williams Town, 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 King Williams Town has risen strongly during the last 6 months. In November, the average price per m² was R 30. In the following month the price per m² fell considerably to R 17. The price for the following two months in (January, February) had a considerable rise of 49068 %. The price per m² has had a considerable rise of 200 % 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 5 777,25 to R 11 531 during March, and April.
When referring to the price in King Williams Town (cities & towns), this has risen considerably in the last 6 months. The average price for November is R 6 643. During December the price had a slight fall till R 6 026. During the following two months (January, February) the average price had a considerable rise of 205 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 135 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 16 % more expensive than the average price of R 15 115 in King Williams Town. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 16 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 31 % more expensive than the average price of (R 15 115 / m²) in King Williams Town. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 31 % more expensive than the average value aforementioned.