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 November, the average price per sq.feet was $1.28. In the following month the price per sq.feet rose considerably to $25.82. The price for the following two months in (January, February) had a considerable fall of 10 with regard to the previous two months. The price per sq.feet has had a considerable fall of 17 % 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 $7.45 to $1.25 during March, and April.
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 November, the average price is $1,603. In December This price remains at $1,555. In the following two months the average price has hardly changed with regard to the previous two months from $1,579 to $1,571.5. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $1,983 they are 35 % more affordable than the average price for Chester . The properties with the highest average price have 4 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,751.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.18 / sq.feet price in Chester. 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 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,983 it is 26 % more affordable than the average price in Chester. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Apartment". At a price of $1,459 it is 6 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.