The average price in the Andhra Pradesh region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.foot in Andhra Pradesh has increased strongly in the last 6 months. During November, the average price per sq.foot was ₹ 3,788. The following month (December) the price had a considerable increase reaching ₹ 4,477 per sq.foot. In the following two months (January, February) the price per sq.foot has risen strongly to a 151 %. In the last two months, the price per sq.foot has had a significant increase of 146 %. This has been obtained by comparing the price of ₹ 5,192 for the first four months of the sample with regard to the previous 4 months and the price of ₹ 7,554.5 per sq.foot for the last two months (March, April).
Based upon to the price in Andhra Pradesh(region), these have remained the same in the last 6 months. November has an average price of ₹ 34.44 lakhs. During December the price had a slight deflation till ₹ 30.32 lakhs. In the following two months the average price didn't change much compared to the previous two going from ₹ 32.38 lakhs to ₹ 33.85 lakhs. During the last two months the average price has remained stagnant and has gone from ₹ 33.11 lakhs to ₹ 32.97 lakhs during March and April.
The graph displaying the the average price per number of BHK shows that those with 1 BHK are the cheapest ones. They are 51 % more affordable than the average price in Andhra Pradesh followed by those with 2 with an average price of ₹ 29.04 lakhs. The most costly properties have 4 BHK. They are 205 % more expensive than the average followed by those properties with 3 BHK priced at ₹ 55.23 lakhs.
Based on the average price per sq.foot those properties with 1 BHK are the cheapest ones with a price of ₹ 3,379 / sq.foot being ₹ 9,129 / sq.foot the average value within the Andhra Pradesh region. The properties with the most expensive average price are those with 4 BHK. These are 158 % more costly than the average followed by those with 3 BHK with a price of ₹ 9,364 / sq.foot.
The graph displaying the average price according to the property type shows "Flat" as the cheapest one. With an average cost of ₹ 38.03 lakhs it is 65 % more affordable than the average in Andhra Pradesh. This is followed by "House" with a price of ₹ 15.12 lakhs. The dearest property type is "Villa" and is 88 % more expensive than the average, followed by "Land" with a cost of ₹ 30.32 lakhs.
Based on the average cost per sq.foot the cheapest property type is "Flat with a an average cost of ₹ 1,105 / sq.foot, followed by "House" with a price of ₹ 1,182 / sq.foot. "Land" with an average price of ₹ 5,124 / sq.foot is the cheapest type of property followed by "Villa" at a price of ₹ 3,913 / sq.foot.