Property prices for sale in Mount Edgecombe (Kwazulu-natal)

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

R 4 129 260,17
Average price last 6 months
R 14 211,33
Price/m² last 6 months
Average price per m2

The price per m² in Mount Edgecombe has had a strong decrease during the last 6 months. In September, the average price per m² was R 16 875. In October this price pretty much remained the same at a value of R 17 038 per m². The price for the following two months in (November, December) had a considerable decrease of 84 with regard to the prior two months. The price per m² has had a considerable deflation of 73 % 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 15 641,75 to R 11 350,5 during January, and February.

Average price

Based upon to the price in Mount Edgecombe (cities & towns), these have remained the same in the last 6 months. In our first sample month during September, the average price is R 4 001 885. In October This price remains at R 3 938 435. In the following two months the average price has remained the same with regard to the previous two months from R 3 970 160 to R 4 118 862,5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 4 762 458 they are 45 % more affordable than the average price for Mount Edgecombe. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at R 3 412 726.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 5 940 / m², with an average R 9 905 / m² price in Mount Edgecombe. The properties with the highest average prices have 1 bedroom. They are 159 % more expensive than the average followed by properties with 2 bedrooms with a price at R 23 574 / m².

Price per property type

The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of R 4 762 458 it is 44 % cheaper than the average price in Mount Edgecombe. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Apartment". At a price of R 5 224 770 it is 6535 % more expensive than the average price.

According to the average cost per m², the most expensive property type would be "Apartment" at an average cost of R 10 057 / m² followed by "Townhouse" priced at R 12 077 / m². "Land" is the most costly type of property with a R 59 114 / m² cost followed by "Flat" with an average price of R 16 207 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Mount Edgecombe
Number of properties used in region Kwazulu-natal
R 4 762 458
R 9 905
1 294
206 880
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value