The prices in real estate in London, in the Kentucky 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 sq.feet in London has increased strongly during the last 6 months. In January, the average price per sq.feet was $895. In the following month the price per sq.feet increased considerably to $1,090. The price for the following two months in (March, April) had a considerable increment of 138 %. The price per sq.feet has had a considerable increase of 178 % 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 $1,181 to $2,099 during May, and June.
Based upon to the price in London (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $142,017. In February This price remains at $147,911. During the following two months (March, April) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $137,454 and $141,152.5 between May and June.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 23 % more costly than the average price of $160,524 in London. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 23 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 8 % more costly than the average price of ($1,530 / sq.feet) in London. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $130,344 it is 23 % more expensive than the average price in London. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Land". At a price of $159,720 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $1,520 / sq.feet followed by "Apartment" priced at $1,530 / sq.feet. "Apartment" is the most costly type of property with a $1,530 / sq.feet cost followed by "Land" with an average price of $1,520 / sq.feet.