The rent prices in real estate in Compostela, in the Cebu 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 m² in Compostela has risen strongly during the last 6 months. In October, the average price per m² was ₱ 161. In November this price barely changed remaining at ₱ 161 per m². The price for the following two months in (December, January) had a considerable rise of 185 %. The price per m² has had a considerable rise of 144 % 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 m² of ₱ 229.81 to ₱ 330.56 during February, and March.
When referring to the price in Compostela (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is ₱ 53,517. In November This price remains at ₱ 53,517. During the following two months (December, January) the average price had a considerable rise of 240 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 249 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 87 % more affordable than the average price of ₱ 29,617 in Compostela. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 87 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 76 % more affordable than the average price of (₱ 80 / m²) in Compostela. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 76 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of ₱ 226,667 it is 89 % more affordable than the average price in Compostela. "Townhouse" is seen as the second most affordable property type. The most affordable property is "House And Lot" followed by "Townhouse". At a price of ₱ 34,719 it is 79 % more affordable than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of ₱ 81 / m² followed by "Townhouse" priced at ₱ 95 / m². "House And Lot" is the most affordable type of property with a ₱ 163 / m² value followed by "Townhouse" with an average price of ₱ 95 / m².
