The rent prices in real estate in London, in the Ontario region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in London has risen during the last 6 months. In February, the average price per sq.feet was $1.78. In the following month the price per sq.feet rose to $1.87. In the following two months the price per sq.feet has risen 108 %, going from $1.83 to $1.98 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.9 to $1.87 during June y July
When referring to the price in London (cities), this has risen in the last 6 months. The average price for February is $1,905. During March the price had a slight fall till $1,704. During the following two months (April, May) the price has had an average rise from $1,804.5 to $1,963. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 124 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,390 they are 30 % more affordable than the average price for London . The properties with the highest average price have 4 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,624.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.3 / sq.feet, with an average $1.88 / sq.feet price in London. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.97 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,390 it is 17 % more affordable than the average price in London. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,988 it is 6 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $2.06 / sq.feet. "House" at an average price of $2.06 / sq.feet has the highest price and would be directed at more affluent cities.