The rent prices in real estate in Klerksdorp, in the North West 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 Klerksdorp has risen strongly during the last 6 months. In November, the average price per m² was R 56,17. In the following month the price per m² fell considerably to R 44,35. The price for the following two months in (January, February) had a considerable rise of 1096 %. The price per m² has had a considerable rise of 355 % 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 300,46 to R 1 065,47 during March, and April.
When referring to the price in Klerksdorp (cities & towns), this has risen considerably in the last 6 months. The rent price in November is R 7 842, rising in December till R 8 345. During the following two months (January, February) the average price had a considerable rise of 162 % 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 126 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of R 11 340 they are 72 % more affordable than the average price for Klerksdorp . The properties with the lowest average price have 3 bedrooms, Their price is 23 % more affordable than the average. After that we have properties with 4 bedrooms priced at R 6 776.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of R 29 / m², with an average R 1 066,92 / m² price in Klerksdorp. The properties with the most affordable average prices have 1 bedroom. They are 94 % more affordable than the average followed by properties with 4 bedrooms with a price at R 42 / m².
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of R 11 340 it is 47 % more affordable than the average price in Klerksdorp. "Flat" is seen as the second most affordable property type. The most affordable property is "House" followed by "Flat". At a price of R 6 114 it is 40 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Flat" at an average price of R 6 / m² followed by "House" priced at R 42 / m². "House" is the most affordable type of property with a R 42 / m² value followed by "Flat" with an average price of R 6 / m².