Property prices for sale in Estcourt (Kwazulu-natal)

The prices in real estate in Estcourt, in the Kwazulu-natal region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

R 1 648 666,67
Average price last 6 months
R 47 617,5
Price/m² last 6 months
Average price per m2

The price per m² in Estcourt has increased strongly during the last 6 months. In September, the average price per m² was R 1 747. In October this price pretty much remained the same at a value of R 1 678 per m². The price for the following two months in (November, December) had a considerable increment of 139 %. The price per m² has had a considerable increase of 6785 % 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 2 045 to R 138 762,5 during January, and February.

Average price

Based upon to the price in Estcourt (cities & towns), this has gone up considerably in the last 6 months. The average price for September is R 1 229 722. During October the price had a considerable reduction till R 1 044 306. During the following two months (November, December) the average price had a considerable reduction of 78 % 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 risen strongly 288 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 1 777 667 they are 75 % more affordable than the average price for Estcourt. The properties with the lowest average price have 4 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 3 bedrooms priced at R 936 929.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 1 215 / m², with an average R 274 886 / m² price in Estcourt. The properties with the lowest average prices have 2 bedrooms. They are 96 % cheaper than the average followed by properties with 3 bedrooms with a price at R 4 114 / m².

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of R 1 777 667 it is 76 % cheaper than the average price in Estcourt. "Flat" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of R 1 036 585 it is 1515 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Apartment" at an average cost of R 5 613 / m² followed by "House" priced at R 74 130 / m². "Farm" is the most costly type of property with a R 28 702 432 / m² cost followed by "Townhouse" with an average price of R 819 028 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Estcourt
Number of properties used in region Kwazulu-natal
R 1 777 667
R 274 886
96
206 880
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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