The rent prices in real estate in Chester, in the Virginia region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Chester has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.13. In the following month the price per sq.feet rose to $1.28. The price for the following two months in (December, January) had a considerable rise of 1126 %. The price per sq.feet has had a considerable fall of 18 % 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 sq.feet of $7.39 to $1.34 during February, and March.
When referring to the price in Chester (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,554. In November This price remains at $1,603. In the following two months the average price has hardly changed with regard to the previous two months from $1,578.5 to $1,545.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,562 and $1,610.5 between February and March.
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 $1,614 they are 25 % more affordable than the average price for Chester . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,753.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.8 / sq.feet, with an average $1.31 / sq.feet price in Chester. The properties with the most expensive average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.4 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,614 it is 28 % more affordable than the average price in Chester. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,461 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.99 / sq.feet followed by "Apartment" priced at $1.47 / sq.feet. "Apartment" is the most expensive type of property with a $1.47 / sq.feet value followed by "House" with an average price of $0.99 / sq.feet.