The prices in real estate in Embakasi, in the Nairobi region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Embakasi has increased strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² increased considerably to . The price for the following two months in (December, January) had a considerable increment of 0 %. The price per m² has had a considerable increase of 2147483647 % 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 to KSh 65,980 during February, and March.
Based upon to the price in Embakasi (constituencies & towns), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching . During the following two months (December, January) the average price had a considerable increase of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 2147483647 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of KSh 14,130,137 they are 148 % more expensive than the average price for Embakasi. Following this ranking we find those properties with 1 at an average price of KSh 35,222,114. The properties with the highest average price have 1 bedroom, Their price is 149 % more costly than the average. After that we have properties with 4 bedrooms priced at KSh 35,046,350.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of KSh 245,589 / m², with an average KSh 60,148 / m² price in Embakasi. The properties with the highest average prices have 1 bedroom. They are 310 % more expensive than the average followed by properties with 4 bedrooms with a price at KSh 245,589 / m².
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of KSh 14,130,137 it is 148 % more expensive than the average price in Embakasi. "Commercial Property" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Commercial". At a price of KSh 45,149,269 it is 448 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of KSh 245,589 / m² followed by "Commercial Property" priced at KSh 735,874 / m². "Apartment" is the most costly type of property with a KSh 1,333,137 / m² cost followed by "Commercial" with an average price of KSh 743,279 / m².