The prices in real estate in Roysambu, in the Nairobi 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.
The price per m² in Roysambu has had a strong decrease during the last 6 months. In November, the average price per m² was KSh 94,411. In the following month the price per m² decreased considerably to KSh 69,418. The price for the following two months in (January, February) had a considerable decrease of 66 with regard to the prior two months. The price per m² has had a considerable deflation of 50 % 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 68,051 to KSh 33,805 during March, and April.
Based upon to the price in Roysambu (constituencies & towns), this has fallen considerably in the last 6 months. The price in November is KSh 22,285,714, rising in December till KSh 23,590,909. During the following two months (January, February) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from KSh 21,155,162 to KSh 14,470,834, which means a 68 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of KSh 21,100,000 they are 30 % more affordable than the average price for Roysambu. The properties with the highest average price have 1 bedroom, Their price is 18 % more costly than the average. After that we have properties with 2 bedrooms priced at KSh 15,557,887.
With regard to the average price per m² , those properties with 1 bedroom are the most costly ones at a cost of KSh 79,636 / m², with an average KSh 23,691 / m² price in Roysambu. The properties with the highest average prices have 4 bedrooms. They are 24087 % more expensive than the average followed by properties with 2 bedrooms with a price at KSh 1,189,729 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of KSh 21,100,000 it is 30 % cheaper than the average price in Roysambu. "Plot" is seen as the second most affordable property type. The dearest property type is "Plot" followed by "House". At a price of KSh 14,823,750 it is 124 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "Plot" at an average cost of KSh 456,738 / m² followed by "House" priced at KSh 5,730,150 / m². "House" is the most costly type of property with a KSh 5,730,150 / m² cost followed by "Plot" with an average price of KSh 456,738 / m².