Property prices for sale in Nellore (Andhra Pradesh)

The prices in real estate in Nellore, in the Andhra Pradesh 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.

₹ 34.06 lakhs
Average price last 6 months
₹ 2,793.67
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Nellore has increased strongly during the last 6 months. In September, the average price per sq.foot was ₹ 2,288. In the following month the price per sq.foot increased considerably to ₹ 2,774. In the following two months the price per sq.foot has increased 111 %, going from ₹ 2,531 to ₹ 2,798 per sq.foot. The price per sq.foot has increased 115 % 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 ₹ 2,664.5 to ₹ 3,052 during January, and February.

Average price

Based upon to the price in Nellore (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is ₹ 33.31 lakhs. In October This price remains at ₹ 33.13 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 33.22 lakhs to ₹ 33.5 lakhs. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.

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 ₹ 36.06 lakhs they are 70 % more affordable than the average price for Nellore. The properties with the highest average price have 4 BHK, Their price is 149 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 53.9 lakhs.

With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 2,370 / sq.foot, with an average ₹ 3,547 / sq.foot price in Nellore. The properties with the highest average prices have 4 BHK. They are 443 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 2,971 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 36.06 lakhs it is 61 % cheaper than the average price in Nellore. "Farm" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of ₹ 63.45 lakhs it is 78 % more expensive than the average price.

According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 725 / sq.foot followed by "Farm" priced at ₹ 1,485 / sq.foot. "House" is the most costly type of property with a ₹ 21,495 / sq.foot cost followed by "Villa" with an average price of ₹ 3,918 / sq.foot.

Charts data
Average price February
Average price per sq.foot February
Number of properties used in Nellore
Number of properties used in region Andhra Pradesh
₹ 36.06 lakhs
₹ 3,547
270
16,398
** 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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