Property prices for sale in Roodepoort (Gauteng)
The prices in real estate in Roodepoort, in the Gauteng region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Roodepoort has remained the same in the last 6 months. In October, the average price per m² was R 8 980. In the following month the price per m² increased to R 9 817. In the following two months the price per m² has barely changed, going from R 9 398,5 to R 9 220 per m². The price per m² has had a considerable deflation of 84 % 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 9 309,25 to R 7 779,5 during February, and March.
Based upon to the price in Roodepoort (cities & towns), this has gone up in the last 6 months. In our first sample month during October, the average price is R 1 290 487. In November This price remains at R 1 240 081. During the following two months (December, January) the price has had an average incrementation from R 1 265 284 to R 1 415 972. 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 1 340 628 and R 1 391 504,5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 1 435 287 they are 65 % more affordable than the average price for Roodepoort. The properties with the highest average price have 4 bedrooms, Their price is 71 % more costly than the average. After that we have properties with 3 bedrooms priced at R 1 513 737.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 3 890 / m², with an average R 6 576 / m² price in Roodepoort. The properties with the highest average prices have 2 bedrooms. They are 20 % more expensive than the average followed by properties with 1 bedroom with a price at R 7 480 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of R 1 435 287 it is 56 % cheaper than the average price in Roodepoort. "Flat" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Commercial". At a price of R 3 243 750 it is 198 % 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 3 548 / m² followed by "Office" priced at R 3 902 / m². "Townhouse" is the most costly type of property with a R 8 253 / m² cost followed by "Flat" with an average price of R 7 672 / m².
