The prices in real estate in Umtentweni, in the Kwazulu-natal 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 Umtentweni has increased during the last 6 months. In October, the average price per m² was R 6 908. In the following month the price per m² increased considerably to R 8 107. In the following two months the price per m² has increased 112 %, going from R 7 507,5 to R 8 414,5 per m². The price per m² has decreased 86 % 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 7 961 to R 6 864 during February, and March.
Based upon to the price in Umtentweni (cities & towns), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is R 1 175 550. During November the price went through a considerable rise reaching R 1 396 040. During the following two months (December, January) the price has had an average incrementation from R 1 285 795 to R 1 449 000. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 5 % more costly than the average price of R 1 817 427 in Umtentweni. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 5 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 27156 % more costly than the average price of (R 1 817 427 / m²) in Umtentweni. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 27156 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Umtentweni we can see that the cheapest property type is "House" at a price of R 1 449 572, they are 17 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 17 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "House with an average price of R 1 449 572 / m². "House" at an average price of R 1 449 572 / m² has the most expensive price and would be directed at more affluent cities.