The prices in real estate in Kabete, in the Kiambu 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 Kabete 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 283,254 during February, and March.
Based upon to the price in Kabete (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 cheapest ones. At a price of KSh 26,587,500 they are 71 % more affordable than the average price for Kabete. The properties with the lowest average price have 1 bedroom, Their price is 71 % cheaper than the average. After that we have properties with 4 bedrooms priced at KSh 7,744,189.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of KSh 66,875 / m², with an average KSh 225,254 / m² price in Kabete. The properties with the lowest average prices have 1 bedroom. They are 70 % cheaper than the average followed by properties with 4 bedrooms with a price at KSh 66,875 / m².
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of KSh 26,587,500 it is 71 % cheaper than the average price in Kabete. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "Land". At a price of KSh 7,744,189 it is 68 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "Land" at an average cost of KSh 66,875 / m² followed by "Commercial Property" priced at KSh 156,943 / m². "Commercial Property" is the cheapest type of property with a KSh 156,943 / m² value followed by "Land" with an average price of KSh 66,875 / m².