Property prices for sale in Muthaiga (Nairobi)

The prices in real estate in Muthaiga, in the Nairobi 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.

KSh 226,640,586.67
Average price last 6 months
KSh 429,641.5
Price/m² last 6 months
Average price per m2

The price per m² in Muthaiga has increased strongly during the last 6 months. In August, the average price per m² was KSh 270,000. In the following month the price per m² increased considerably to KSh 626,446. In the following two months the price per m² has barely changed, going from KSh 448,223 to KSh 428,313.5 per m². The price per m² has decreased 94 % 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 m² of KSh 438,268.25 to KSh 412,388 during December, and January.

Average price

Based upon to the price in Muthaiga (constituencies & towns), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is KSh 164,700,000. During September the price went through a considerable rise reaching KSh 287,756,978. During the following two months (October, November) the price has had an average incrementation from KSh 226,228,496 to KSh 243,947,232. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from KSh 235,087,872 to KSh 209,746,032 in December and January.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of KSh 243,714,286 they are 29 % more affordable than the average price for Muthaiga. The properties with the lowest average price have 1 bedroom, Their price is 28 % cheaper than the average. After that we have properties with 3 bedrooms priced at KSh 174,095,618.

With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of KSh 9,240,478 / m², with an average KSh 525,030 / m² price in Muthaiga. The properties with the highest average prices have 1 bedroom. They are 1669 % more expensive than the average followed by properties with 3 bedrooms with a price at KSh 9,240,478 / m².

Price per property type

The graph displaying the average prices displays the property type "Industrial Property" as the most affordable one. At an cost of KSh 243,714,286 it is 38 % cheaper than the average price in Muthaiga. "House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Commercial". At a price of KSh 223,129,670 it is 8 % more affordable than the average price.

According to the average cost per m², the most expensive property type would be "Industrial Property" at an average cost of KSh 1,298,770 / m² followed by "House" priced at KSh 9,240,478 / m². "Townhouse" is the most costly type of property with a KSh 13,816,374 / m² cost followed by "Commercial" with an average price of KSh 13,747,428 / m².

Charts data
Average price January
Average price per m² January
Number of properties used in Muthaiga
Number of properties used in region Nairobi
KSh 243,714,286
KSh 525,030
102
35,830
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value