Kitanagoya-Shi Apartment average value

Price 201,228 JPY/sq.m
- Age 27.8 years old
- Dist. from Sta. 9.6 min walk
- Property area 74.2 sq.m

The average price of Aichi Kitanagoya-Shi Apartment, in 2020 was 255,036 JPY/sq.m. The market value represents an increase of 64,798 JPY (+34.1%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • An decrease in average age of the building (representing 29.2 years old in 2019 and 24.6 years old in 2020; -15.7%)
  • A dramatic decrease in average distance from the station (representing 11.2 min in 2019 and 8.7 min in 2020; -22.5%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 42.9% of total transactions in 2019 and 7.7% of total transactions in 2020)

Causes of price decreases

  • A some increase in transactions involving older buildings over 40 years old (representing 35.7% of total transactions in 2019 and 38.5% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kitanagoya-Shi were calculated using data on the sales of 193 properties provided by the MLIT Japan.

Kitanagoya-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
九之坪21,444,444 JPY278,171 JPY/sq.m9 件
久地野21,000,000 JPY210,000 JPY/sq.m1 件
弥勒寺東15,000,000 JPY200,000 JPY/sq.m2 件
徳重17,950,000 JPY222,797 JPY/sq.m20 件
沖村15,562,500 JPY212,537 JPY/sq.m8 件
熊之庄14,200,000 JPY169,448 JPY/sq.m4 件
西之保22,737,500 JPY296,706 JPY/sq.m24 件
鍜治ケ一色4,750,000 JPY81,174 JPY/sq.m4 件
鍜治ケ一色西4,000,000 JPY66,667 JPY/sq.m1 件
高田寺19,500,000 JPY210,818 JPY/sq.m2 件
鹿田11,821,212 JPY161,606 JPY/sq.m119 件

Kitanagoya-Shi Apartment value Age transition

Market values (unit price: sq.m, ㎡) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Apartment in terms of Age. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Age is updated.)
AgeTrading PriceProportion
Price at New398,409 JPY/sq.m100 %
Residual Value (10 Years)314,013 JPY/sq.m79 %
Residual Value (20 Years)242,070 JPY/sq.m61 %
Residual Value (20 Years)182,581 JPY/sq.m46 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Kitanagoya-Shi Apartment market value

We can calculate market values for Apartment based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Kitanagoya-Shi Apartment that meet the above conditions were calculated in the following manner.

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({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

1. Aichi Kitanagoya-Shi 熊之庄 (Kitanagoya-Shi Tokushige-Nagoyageidai 8.0 min walk)
22.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   162,500 JPY/sq.m

2. Aichi Kitanagoya-Shi 弥勒寺東 (Kitanagoya-Shi Tokushige-Nagoyageidai 9.0 min walk)
20.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   186,667 JPY/sq.m

3. Aichi Kitanagoya-Shi 徳重 (Kitanagoya-Shi Tokushige-Nagoyageidai 9.0 min walk)
20.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   262,500 JPY/sq.m

4. Aichi Kitanagoya-Shi 鹿田 (Kitanagoya-Shi Tokushige-Nagoyageidai 9.0 min walk)
19.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-06-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   266,667 JPY/sq.m

5. Aichi Kitanagoya-Shi 鹿田 (Kitanagoya-Shi Tokushige-Nagoyageidai 9.0 min walk)
19.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-03-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   271,429 JPY/sq.m

6. Aichi Kitanagoya-Shi 弥勒寺東 (Kitanagoya-Shi Tokushige-Nagoyageidai 9.0 min walk)
18.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   213,333 JPY/sq.m

7. Aichi Kitanagoya-Shi 鹿田 (Kitanagoya-Shi Tokushige-Nagoyageidai 9.0 min walk)
18.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   200,000 JPY/sq.m

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Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:
Apartment market value trends Market value trends for Apartment.

Apartment market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • An decrease in average age of the building (representing 29.2 years old in 2019 and 24.6 years old in 2020; -15.7%)
  • A dramatic decrease in average distance from the station (representing 11.2 min in 2019 and 8.7 min in 2020; -22.5%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 42.9% of total transactions in 2019 and 7.7% of total transactions in 2020)

Causes of price decreases

  • A some increase in transactions involving older buildings over 40 years old (representing 35.7% of total transactions in 2019 and 38.5% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Kitanagoya-Shi, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Area close to the price in Kitanagoya-Shi

The closest areas in terms of Apartment price ranges to this area are ones like the following that are along a railway line and have a station.

Area / Station Median
Price
JPY
Unit price
JPY/sq.m
Age
Years old
Distance
min walk
Area
Toyohashi-Shi 八通町 (19) [Area]13,000,000200,000 JPY/sq.m23.8 yrs8 min60 sq.m
Toyota-Shi 神田町 (6) [Area]12,500,000200,000 JPY/sq.m26.0 yrs8 min65 sq.m
Miyoshi-Shi (175) [Area]16,000,000200,000 JPY/sq.m23.5 yrs11 min75 sq.m
Miyoshi-Shi 三好丘 (137) [Area]15,500,000200,000 JPY/sq.m23.8 yrs9 min75 sq.m
Meitetsu (12,276) [Stations]15,000,000200,000 JPY/sq.m24.0 yrs10 min70 sq.m
Nagoya Subway Sakura-dori Line Nonami (480) [Stations]15,000,000200,000 JPY/sq.m24.3 yrs11 min70 sq.m
Meitetsu Seto Line Hyoutannyama (174) [Stations]14,000,000200,000 JPY/sq.m25.6 yrs10 min70 sq.m
Meitetsu Toyota Line Miyoshigaoka (148) [Stations]15,500,000200,000 JPY/sq.m23.8 yrs9 min75 sq.m
Meitetsu Toyota Line Nisshinn (300) [Stations]15,000,000205,556 JPY/sq.m22.5 yrs11 min75 sq.m