Property prices for sale in Guntur (Andhra Pradesh)

The prices in real estate in Guntur, in the Andhra Pradesh region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

₹ 36.14 lakhs
Average price last 6 months
₹ 13,727
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Guntur has had a strong decrease during the last 6 months. In June, the average price per sq.foot was ₹ 19,522. In July this price pretty much remained the same at a value of ₹ 20,021 per sq.foot. The price for the following two months in (August, September) had a considerable decrease of 77 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 36 % 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.foot of ₹ 17,471.25 to ₹ 6,238.5 during October, and November.

Average price

Based upon to the price in Guntur (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during June, is ₹ 41.66 lakhs. During July the price went through a considerable rise reaching ₹ 50.36 lakhs. During the following two months (August, September) the average price had a considerable reduction of 69 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₹ 38.9 lakhs to ₹ 30.62 lakhs, which means a 79 % fall.

Average price per BHK

The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 31.38 lakhs they are 12 % more affordable than the average price for Guntur. The properties with the highest average price have 4 BHK, Their price is 207 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 64.64 lakhs.

With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 3,286 / sq.foot, with an average ₹ 10,378 / sq.foot price in Guntur. The properties with the highest average prices have 4 BHK. They are 54 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 5,967 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 31.38 lakhs it is 48 % cheaper than the average price in Guntur. "Commercial" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of ₹ 45.71 lakhs it is 163 % more expensive than the average price.

According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 1,034 / sq.foot followed by "Commercial" priced at ₹ 2,034 / sq.foot. "Villa" is the cheapest type of property with a ₹ 9,259 / sq.foot value followed by "House" with an average price of ₹ 3,451 / sq.foot.

Charts data
Average price November
Average price per sq.foot November
Number of properties used in Guntur
Number of properties used in region Andhra Pradesh
₹ 31.38 lakhs
₹ 10,378
2,150
32,514
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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