The rent prices in real estate in Kannur, in the Kerala region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.foot in Kannur has barely changed in the last 6 months. In September, the average price per sq.foot was ₹ 12.58. In October this price barely changed remaining at ₹ 12.5 per sq.foot. The price for the following two months in (November, December) fell 92 % with regard to the previous two months. The price per sq.foot has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 12.03 to ₹ 12.52 during January y February
When referring to the price in Kannur (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is ₹ 18,557. In October This price remains at ₹ 17,733. During the following two months (November, December) the average price had a considerable fall of 85 % with regard to the previous two months. 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 ₹ 16,743.75 and ₹ 16,556.5 between January and February.
The graph displaying the average rent price for BHK illustrates that those properties with 2 BHK are the most affordable ones. At a price of ₹ 17,038 they are 9 % more affordable than the average price for Kannur . The properties with the highest average price have 4 BHK, Their price is 20 % more expensive than the average. After that we have properties with 1 BHK priced at ₹ 16,733.
With regard to the average price per sq.foot, those properties with 4 BHK are the most affordable ones at a cost of ₹ 7 / sq.foot, with an average ₹ 12.82 / sq.foot price in Kannur. The properties with the most expensive average prices have 1 BHK. They are 40 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 12 / sq.foot.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₹ 17,038 it is 43 % more affordable than the average price in Kannur. "Flat" is seen as the second most affordable property type. The most affordable property is "House" followed by "Flat". At a price of ₹ 14,891 it is 10 % more affordable than the average price.
According to the average cost per sq.foot, the most affordable property is "House" at an average price of ₹ 7 / sq.foot followed by "Flat" priced at ₹ 9 / sq.foot. "Flat" is the most affordable type of property with a ₹ 9 / sq.foot value followed by "House" with an average price of ₹ 7 / sq.foot.