Property prices for sale in Kingsburgh (Kwazulu-natal)

The prices in real estate in Kingsburgh, in the Kwazulu-natal region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

R 1 214 330
Average price last 6 months
R 8 933,17
Price/m² last 6 months
Average price per m2

The price per m² in Kingsburgh has remained the same in the last 6 months. In September, the average price per m² was R 9 071. In the following month the price per m² increased to R 9 810. In the following two months the price per m² has barely changed, going from R 9 440,5 to R 9 721 per m². The price per m² has had a considerable deflation of 80 % 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 9 580,75 to R 7 638 during January, and February.

Average price

Based upon to the price in Kingsburgh (cities & towns), this has gone up in the last 6 months. In our first sample month during September, the average price is R 1 162 488. In October This price remains at R 1 199 733. In the following two months the average price has remained the same with regard to the previous two months from R 1 181 110,5 to R 1 238 260,5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of R 1 209 685,5 and R 1 223 619 between January and February.

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 1 239 925 they are 41 % more affordable than the average price for Kingsburgh. The properties with the highest average price have 4 bedrooms, Their price is 87 % more costly than the average. After that we have properties with 3 bedrooms priced at R 1 388 150.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 3 325 / m², with an average R 7 642 / m² price in Kingsburgh. The properties with the highest average prices have 1 bedroom. They are 61 % more expensive than the average followed by properties with 2 bedrooms with a price at R 9 428 / 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 1 239 925 it is 12 % cheaper than the average price in Kingsburgh. "Flat" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of R 1 523 323 it is 493 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of R 3 455 / m² followed by "Flat" priced at R 3 903 / m². "Commercial" is the most costly type of property with a R 7 348 815 / m² cost followed by "Townhouse" with an average price of R 8 500 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Kingsburgh
Number of properties used in region Kwazulu-natal
R 1 239 925
R 7 642
1 924
206 880
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value