Kita-Ku Apartment average value

Price 279,627 JPY/sq.m
- Age 24.1 years old
- Dist. from Sta. 10.5 min walk
- Property area 70.7 sq.m

The average price of Aichi Nagoya-Shi Kita-Ku Apartment, in 2020 was 304,323 JPY/sq.m. The market value represents an increase of 19,561 JPY (+6.9%) compared to 1 year ago and a transition to a strong 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, as well as a dramatic increase in transactions involving nearly new buildings under 3 years old.

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 2.7% of total transactions in 2019 and 10.0% of total transactions in 2020)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 46.6% of total transactions in 2019 and 34.0% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 8.3 min in 2019 and 9.6 min in 2020; +15.7%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 13.7% of total transactions in 2019 and 22.0% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 27.6% of total transactions in 2019 and 10.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kita-Ku were calculated using data on the sales of 1,027 properties provided by the MLIT Japan.

Kita-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
六が池町8,350,000 JPY132,949 JPY/sq.m2 件
八代町35,500,000 JPY525,962 JPY/sq.m8 件
八龍町23,000,000 JPY281,017 JPY/sq.m4 件
上飯田北町17,778,788 JPY235,806 JPY/sq.m33 件
上飯田南町19,254,546 JPY254,273 JPY/sq.m44 件
上飯田東町15,411,765 JPY206,521 JPY/sq.m17 件
上飯田西町13,878,571 JPY222,628 JPY/sq.m14 件
上飯田通15,958,824 JPY217,831 JPY/sq.m17 件
中丸町27,166,667 JPY342,040 JPY/sq.m6 件
中切町15,000,000 JPY208,186 JPY/sq.m18 件
中味鋺10,741,176 JPY160,351 JPY/sq.m17 件
元志賀町18,500,000 JPY273,626 JPY/sq.m2 件
光音寺町17,500,000 JPY236,131 JPY/sq.m4 件
城東町15,937,500 JPY248,397 JPY/sq.m8 件
城見通27,750,000 JPY358,333 JPY/sq.m4 件
大曽根23,071,429 JPY322,220 JPY/sq.m103 件
大杉26,571,429 JPY322,092 JPY/sq.m7 件
大蔵町4,600,000 JPY87,152 JPY/sq.m5 件
大野町23,200,000 JPY313,714 JPY/sq.m5 件
天道町24,000,000 JPY313,805 JPY/sq.m17 件
如意9,550,000 JPY136,428 JPY/sq.m2 件
安井15,693,333 JPY219,059 JPY/sq.m15 件
尾上町25,683,333 JPY317,962 JPY/sq.m24 件
山田24,600,000 JPY327,497 JPY/sq.m59 件
山田北町22,050,000 JPY288,345 JPY/sq.m20 件
川中町6,766,667 JPY150,370 JPY/sq.m3 件
平安19,085,185 JPY254,564 JPY/sq.m27 件
彩紅橋通9,838,462 JPY137,826 JPY/sq.m13 件
志賀南通10,525,000 JPY179,486 JPY/sq.m8 件
志賀本通21,892,683 JPY299,678 JPY/sq.m41 件
志賀町18,358,621 JPY235,384 JPY/sq.m58 件
憧旛町17,000,000 JPY261,538 JPY/sq.m1 件
成願寺20,272,000 JPY212,406 JPY/sq.m75 件
新堀町14,500,000 JPY172,129 JPY/sq.m4 件
杉村25,000,000 JPY324,370 JPY/sq.m2 件
東味鋺15,555,556 JPY213,899 JPY/sq.m9 件
東大杉町25,500,000 JPY301,389 JPY/sq.m2 件
東水切町18,000,000 JPY240,000 JPY/sq.m1 件
東長田町22,500,000 JPY300,893 JPY/sq.m2 件
柳原21,412,500 JPY292,821 JPY/sq.m8 件
12,304,762 JPY173,622 JPY/sq.m21 件
楠味鋺12,057,143 JPY182,857 JPY/sq.m14 件
水草町25,285,714 JPY327,258 JPY/sq.m7 件
池花町12,000,000 JPY184,615 JPY/sq.m1 件
浪打町24,000,000 JPY342,857 JPY/sq.m3 件
清水22,111,111 JPY291,036 JPY/sq.m9 件
瑠璃光町28,333,333 JPY425,397 JPY/sq.m3 件
生駒町14,750,000 JPY229,166 JPY/sq.m4 件
田幡26,333,333 JPY376,389 JPY/sq.m3 件
福徳町8,860,000 JPY136,308 JPY/sq.m5 件
織部町11,250,000 JPY168,092 JPY/sq.m8 件
芦辺町28,428,571 JPY348,710 JPY/sq.m7 件
若葉通23,666,667 JPY310,845 JPY/sq.m9 件
萩野通8,108,333 JPY173,483 JPY/sq.m12 件
西味鋺12,154,546 JPY182,067 JPY/sq.m22 件
辻本通17,612,500 JPY252,687 JPY/sq.m16 件
辻町8,384,210 JPY196,635 JPY/sq.m19 件
金城11,768,000 JPY208,557 JPY/sq.m72 件
金城町18,888,889 JPY264,489 JPY/sq.m9 件
長喜町16,343,750 JPY212,342 JPY/sq.m16 件
長田町20,500,000 JPY292,857 JPY/sq.m2 件
駒止町17,000,000 JPY242,857 JPY/sq.m5 件
鳩岡17,956,579 JPY224,779 JPY/sq.m76 件
鳩岡町18,852,381 JPY230,892 JPY/sq.m63 件
黒川本通13,625,000 JPY495,192 JPY/sq.m4 件

Kita-Ku 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 New514,661 JPY/sq.m100 %
Residual Value (10 Years)384,649 JPY/sq.m75 %
Residual Value (20 Years)289,020 JPY/sq.m56 %
Residual Value (20 Years)227,775 JPY/sq.m44 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

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




Calculate Kita-Ku 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 Kita-Ku Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{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 Nagoya-Shi Kita-Ku 上飯田南町 (Nagoya-Shi Kamiiida 8.0 min walk)
23.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

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

2. Aichi Nagoya-Shi Kita-Ku 楠味鋺 (Nagoya-Shi Ajima 8.0 min walk)
23.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   184,615 JPY/sq.m

3. Aichi Nagoya-Shi Kita-Ku 上飯田南町 (Nagoya-Shi Heianndoori 8.0 min walk)
23.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-12-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   276,923 JPY/sq.m

4. Aichi Nagoya-Shi Kita-Ku 長田町 (Nagoya-Shi Amagasaka 8.0 min walk)
22.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK
- Trading date: 2020-03-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   300,000 JPY/sq.m

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{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}

Trading price:   {{item.price|number:0}} JPY,    Unit price:   {{item.unit_price|number:0}} JPY/sq.m

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, as well as a dramatic increase in transactions involving nearly new buildings under 3 years old.

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 2.7% of total transactions in 2019 and 10.0% of total transactions in 2020)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 46.6% of total transactions in 2019 and 34.0% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 8.3 min in 2019 and 9.6 min in 2020; +15.7%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 13.7% of total transactions in 2019 and 22.0% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 27.6% of total transactions in 2019 and 10.0% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Nagoya-Shi Kita-Ku, 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 Kita-Ku

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
Kita-Ku 山田北町 (20) [Area]21,500,000287,500 JPY/sq.m23.3 yrs11 min77 sq.m
Higashi-Ku 出来町 (68) [Area]20,500,000266,063 JPY/sq.m21.5 yrs9 min75 sq.m
Mizuho-Ku 初日町 (13) [Area]21,000,000262,500 JPY/sq.m22.0 yrs11 min80 sq.m
Nagoya-Shi Meito-Ku (1,398) [Area]23,000,000300,000 JPY/sq.m21.5 yrs10 min75 sq.m
Moriyama-Ku 大字上志段味 (3) [Area]23,000,000300,000 JPY/sq.m24.8 yrs10 min75 sq.m
Nagoya Subway Tsurumai Line Shounaidoori (260) [Stations]18,000,000283,333 JPY/sq.m27.8 yrs10 min70 sq.m
Nagoya Subway Tsurumai Line Hara (264) [Stations]17,000,000285,714 JPY/sq.m23.8 yrs10 min67 sq.m
Nagoya Subway Tsurumai Line Ueda (241) [Stations]20,000,000271,008 JPY/sq.m23.0 yrs11 min72 sq.m
Nagoya Subway Higashiyama Line Kamiyashiro (296) [Stations]21,000,000307,180 JPY/sq.m22.9 yrs11 min70 sq.m