Property prices for sale in Nellore (Andhra Pradesh)

The prices in real estate in Nellore, 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.

₹ 43.51 lakhs
Average price last 6 months
₹ 5,147.33
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Nellore has had a strong decrease during the last 6 months. In July, the average price per sq.foot was ₹ 5,902. In the following month the price per sq.foot increased considerably to ₹ 11,585. The price for the following two months in (September, October) had a considerable decrease of 33 with regard to the prior two months. The price per sq.foot has had a considerable deflation of 65 % 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 ₹ 5,830.5 to ₹ 3,781 during November, and December.

Average price

Based upon to the price in Nellore (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is ₹ 14.7 lakhs. During August the price went through a considerable rise reaching ₹ 32.82 lakhs. During the following two months (September, October) the average price had a considerable increase of 257 % 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 gone up 108 % 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 ₹ 45.42 lakhs they are 76 % more affordable than the average price for Nellore. The properties with the highest average price have 4 BHK, Their price is 100 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 54.38 lakhs.

With regard to the average price per sq.foot , those properties with 3 BHK are the cheapest ones at a cost of ₹ 2,397 / sq.foot, with an average ₹ 3,442 / sq.foot price in Nellore. The properties with the highest average prices have 4 BHK. They are 467 % more expensive than the average followed by properties with 2 BHK with a price at ₹ 2,983 / 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 ₹ 45.42 lakhs it is 69 % 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 ₹ 64.34 lakhs it is 43 % 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 ₹ 739 / sq.foot followed by "Farm" priced at ₹ 1,513 / sq.foot. "House" is the most costly type of property with a ₹ 21,803 / sq.foot cost followed by "Villa" with an average price of ₹ 3,974 / sq.foot.

Charts data
Average price December
Average price per sq.foot December
Number of properties used in Nellore
Number of properties used in region Andhra Pradesh
₹ 45.42 lakhs
₹ 3,442
382
30,454
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value