Property prices for sale in Visakhapatnam (Andhra Pradesh)

The prices in real estate in Visakhapatnam, in the Andhra Pradesh region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

₹ 55.57 lakhs
Average price last 6 months
₹ 5,977.83
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Visakhapatnam has fallen in the last 6 months. In July, the average price per sq.foot was ₹ 6,421. In the following month the price per sq.foot increased considerably to ₹ 7,558. The price for the following two months in (September, October) had a considerable decrease of 69 with regard to the prior two months. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 5,893.5 to ₹ 6,146.5 during November y December

Average price

Based upon to the price in Visakhapatnam (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is ₹ 45.4 lakhs. During August the price went through a considerable rise reaching ₹ 64.54 lakhs. During the following two months (September, October) the average price had a considerable reduction of 84 % 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 risen strongly 129 % during the last two months.

Average price per BHK

The graph displaying the average price for BHK illustrates that those properties with 2 BHK are the cheapest ones. At a price of ₹ 70.29 lakhs they are 48 % more affordable than the average price for Visakhapatnam. The properties with the lowest average price have 4 BHK, Their price is 10 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 55.28 lakhs.

With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 3,312 / sq.foot, with an average ₹ 5,910 / sq.foot price in Visakhapatnam. The properties with the lowest average prices have 1 BHK. They are 6 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 3,667 / 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 ₹ 70.29 lakhs it is 71 % cheaper than the average price in Visakhapatnam. "Farm" is seen as the second most affordable property type. The cheapest type property is "Villa" followed by "House". At a price of ₹ 44.62 lakhs it is 15 % more affordable than the average price.

According to the average cost per sq.foot, the cheapest property type is "Flat" at an average cost of ₹ 1,212 / sq.foot followed by "Farm" priced at ₹ 1,854 / sq.foot. "Villa" is the cheapest type of property with a ₹ 3,669 / sq.foot value followed by "House" with an average price of ₹ 3,485 / sq.foot.

Charts data
Average price December
Average price per sq.foot December
Number of properties used in Visakhapatnam
Number of properties used in region Andhra Pradesh
₹ 70.29 lakhs
₹ 5,910
2,426
30,454
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value