The prices in real estate in Roodeplaat Dam, in the Gauteng region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Roodeplaat Dam has increased during the last 6 months. In October, the average price per m² was R 4 896. In the following month the price per m² decreased to R 4 647. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per m² has had a considerable increase of 153 % 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 4 518 to R 6 903 during February, and March.
Based upon to the price in Roodeplaat Dam (cities & towns), this has gone up in the last 6 months. The average price during our first sample month during October, is R 4 204 717. During November the price went through a considerable rise reaching R 4 881 531. In the following two months the average price has remained the same with regard to the previous two months from R 4 543 124 to R 4 646 063,5. 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 4 594 594 and R 4 481 469,5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of R 4 301 115 they are 26 % more affordable than the average price for Roodeplaat Dam. The properties with the lowest average price have 1 bedroom, Their price is 24 % cheaper than the average. After that we have properties with 2 bedrooms priced at R 3 217 539.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of R 8 074 / m², with an average R 7 695 / m² price in Roodeplaat Dam. The properties with the highest average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at R 8 119 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of R 4 301 115 it is 30 % cheaper than the average price in Roodeplaat Dam. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of R 3 153 786 it is 26 % more affordable 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 7 945 / m² followed by "House" priced at R 8 074 / m². "Townhouse" is the most costly type of property with a R 8 190 / m² cost followed by "House" with an average price of R 8 074 / m².