The rent prices in real estate in London, in the Kentucky 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 London has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.56. In the following month the price per sq.feet rose to $0.61. The price for the following two months in (January, February) had a considerable rise of 598 %. The price per sq.feet has had a considerable fall of 31 % 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 $2.04 to $0.63 during March, and April.
When referring to the price in London (cities), this has risen considerably in the last 6 months. The rent price in November is $602, rising in December till $636. During the following two months (January, February) the average price had a considerable rise of 143 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $751.25 to $619, which means a 82 % fall.
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 $619 they are 22 % more affordable than the average price for London . The properties with the highest average price have 3 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 4 bedrooms priced at $714.
The graph displaying the average rent prices displays the property type "Farm" as the most affordable one. At an cost of $619 it is 21 % more affordable than the average price in London. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Farm". At a price of $487 it is 1 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Farm with an average cost of $5 / sq.feet. "Farm" at an average price of $5 / sq.feet has the highest price and would be directed at more affluent cities.