Nakagawa-Ku Apartment average value

Price 236,084 JPY/sq.m
- Age 24.0 years old
- Dist. from Sta. 11.4 min walk
- Property area 70.3 sq.m

The average price of Aichi Nagoya-Shi Nakagawa-Ku Apartment, in 2020 was 237,277 JPY/sq.m. The market value represents a decrease of 14,434 JPY (-5.7%) compared to 1 year ago and a transition to a bear market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m, as well as a dramatic increase in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 21.7% of total transactions in 2019 and 5.0% of total transactions in 2020)
  • A some increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 16.3% of total transactions in 2019 and 17.4% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.6 min in 2019 and 11.9 min in 2020; +24.6%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 47.8% of total transactions in 2019 and 65.0% of total transactions in 2020)
  • A some decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 4.7% of total transactions in 2019 and 4.3% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Nakagawa-Ku were calculated using data on the sales of 771 properties provided by the MLIT Japan.

Nakagawa-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
一色新町15,536,364 JPY205,752 JPY/sq.m11 件
二女子町12,750,000 JPY184,890 JPY/sq.m4 件
三ツ池町19,750,000 JPY282,143 JPY/sq.m4 件
四女子町19,733,333 JPY249,818 JPY/sq.m15 件
八幡本通9,660,000 JPY145,341 JPY/sq.m5 件
八熊20,145,454 JPY279,716 JPY/sq.m33 件
八熊通18,000,000 JPY245,588 JPY/sq.m4 件
十番町15,044,444 JPY225,228 JPY/sq.m9 件
十一番町20,200,000 JPY268,000 JPY/sq.m5 件
百船町8,266,667 JPY145,365 JPY/sq.m6 件
万場11,240,000 JPY161,980 JPY/sq.m10 件
かの里16,400,000 JPY229,038 JPY/sq.m5 件
上脇町7,950,000 JPY122,526 JPY/sq.m12 件
上高畑30,000,000 JPY361,111 JPY/sq.m2 件
下之一色町11,452,632 JPY165,359 JPY/sq.m19 件
中郷13,362,500 JPY181,244 JPY/sq.m8 件
中野新町10,771,429 JPY153,878 JPY/sq.m7 件
伏屋18,000,000 JPY234,524 JPY/sq.m3 件
前田西町12,150,000 JPY174,381 JPY/sq.m6 件
助光19,555,556 JPY279,045 JPY/sq.m9 件
北江町11,166,667 JPY190,909 JPY/sq.m3 件
吉津7,000,000 JPY116,667 JPY/sq.m3 件
吉良町28,200,000 JPY379,643 JPY/sq.m5 件
土野町22,875,000 JPY292,030 JPY/sq.m8 件
外新町19,000,000 JPY239,408 JPY/sq.m6 件
大山町8,450,000 JPY115,952 JPY/sq.m2 件
太平通21,750,000 JPY290,350 JPY/sq.m4 件
好本町10,750,000 JPY167,857 JPY/sq.m2 件
富川町15,272,727 JPY216,224 JPY/sq.m11 件
富田町大字千音寺13,420,000 JPY167,265 JPY/sq.m10 件
小本18,850,000 JPY256,842 JPY/sq.m20 件
小本本町22,400,000 JPY316,967 JPY/sq.m5 件
小碓通11,000,000 JPY163,187 JPY/sq.m2 件
尾頭橋14,378,161 JPY203,983 JPY/sq.m87 件
山王10,587,180 JPY151,583 JPY/sq.m39 件
愛知町12,100,000 JPY188,485 JPY/sq.m8 件
新家15,047,619 JPY218,036 JPY/sq.m21 件
明徳町7,994,286 JPY107,326 JPY/sq.m35 件
春田19,414,286 JPY240,443 JPY/sq.m14 件
昭和橋通18,000,000 JPY219,608 JPY/sq.m3 件
月島町24,000,000 JPY330,476 JPY/sq.m2 件
東起町10,303,333 JPY157,413 JPY/sq.m30 件
松ノ木町20,000,000 JPY237,519 JPY/sq.m6 件
松年町21,000,000 JPY233,334 JPY/sq.m2 件
松葉町22,200,000 JPY303,104 JPY/sq.m5 件
柳堀町10,600,000 JPY159,479 JPY/sq.m7 件
柳島町13,475,000 JPY196,422 JPY/sq.m8 件
柳川町12,750,000 JPY229,065 JPY/sq.m14 件
柳瀬町21,500,000 JPY252,941 JPY/sq.m2 件
横堀町20,500,000 JPY241,176 JPY/sq.m2 件
法華西町14,666,667 JPY214,017 JPY/sq.m3 件
澄池町15,333,333 JPY208,897 JPY/sq.m9 件
畑田町13,666,667 JPY190,598 JPY/sq.m6 件
的場町22,000,000 JPY293,333 JPY/sq.m1 件
福川町13,500,000 JPY200,550 JPY/sq.m2 件
笈瀬町8,144,444 JPY128,915 JPY/sq.m9 件
篠原橋通24,857,143 JPY328,333 JPY/sq.m7 件
細米町15,750,000 JPY222,959 JPY/sq.m8 件
花塚町17,285,714 JPY239,267 JPY/sq.m7 件
花池町20,333,333 JPY276,190 JPY/sq.m3 件
荒中町10,542,857 JPY194,539 JPY/sq.m7 件
荒子25,857,143 JPY303,799 JPY/sq.m7 件
荒越町11,512,500 JPY148,656 JPY/sq.m8 件
葉池町16,333,333 JPY217,778 JPY/sq.m3 件
蔦元町10,000,000 JPY133,333 JPY/sq.m1 件
西中島9,781,875 JPY135,597 JPY/sq.m32 件
西伏屋13,907,692 JPY201,710 JPY/sq.m13 件
西日置12,978,571 JPY195,736 JPY/sq.m14 件
野田18,000,000 JPY240,625 JPY/sq.m4 件
長須賀15,440,909 JPY207,081 JPY/sq.m22 件
露橋8,490,000 JPY131,976 JPY/sq.m40 件
露橋町15,833,333 JPY224,286 JPY/sq.m6 件
馬手町14,333,333 JPY204,762 JPY/sq.m3 件
高畑21,421,429 JPY305,084 JPY/sq.m28 件

Nakagawa-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 New441,110 JPY/sq.m100 %
Residual Value (10 Years)337,961 JPY/sq.m77 %
Residual Value (20 Years)256,248 JPY/sq.m58 %
Residual Value (20 Years)195,972 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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- 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 Nakagawa-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 Nakagawa-Ku 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 Nagoya-Shi Nakagawa-Ku 前田西町 (Nagoya-Shi Fushiya 9.0 min walk)
22.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-03-01 00:00:00

Trading price:   9,900,000 JPY,    Unit price:   132,000 JPY/sq.m

2. Aichi Nagoya-Shi Nakagawa-Ku 明徳町 (Nagoya-Shi Nakajima 9.0 min walk)
23.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-06-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   114,286 JPY/sq.m

3. Aichi Nagoya-Shi Nakagawa-Ku 八熊 (Nagoya-Shi Kanayama 9.0 min walk)
23.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

4. Aichi Nagoya-Shi Nakagawa-Ku 明徳町 (Nagoya-Shi Nakajima 9.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-03-01 00:00:00

Trading price:   3,500,000 JPY,    Unit price:   50,000 JPY/sq.m

5. Aichi Nagoya-Shi Nakagawa-Ku 尾頭橋 (Nagoya-Shi Kanayama 9.0 min walk)
24.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2012-09-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   171,429 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 middle size for a DINKS or an old age households less than 60 sq.m, as well as a dramatic increase in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 21.7% of total transactions in 2019 and 5.0% of total transactions in 2020)
  • A some increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 16.3% of total transactions in 2019 and 17.4% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.6 min in 2019 and 11.9 min in 2020; +24.6%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 47.8% of total transactions in 2019 and 65.0% of total transactions in 2020)
  • A some decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 4.7% of total transactions in 2019 and 4.3% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Nagoya-Shi Nakagawa-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 Nakagawa-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
Moriyama-Ku 八剣 (6) [Area]16,500,000232,381 JPY/sq.m24.8 yrs11 min72 sq.m
Minami-Ku 平子 (10) [Area]14,500,000232,051 JPY/sq.m22.5 yrs9 min60 sq.m
Nishi-Ku 笹塚町 (66) [Area]17,000,000231,579 JPY/sq.m20.0 yrs11 min70 sq.m
Chikusa-Ku 日岡町 (12) [Area]17,500,000231,250 JPY/sq.m24.0 yrs13 min80 sq.m
Showa-Ku 福江 (14) [Area]14,500,000228,718 JPY/sq.m23.1 yrs13 min70 sq.m
Nagoya Subway Tsurumai Line Ueda (241) [Stations]20,000,000271,008 JPY/sq.m23.0 yrs11 min72 sq.m
Nagoya Subway Sakura-dori Line Nonami (480) [Stations]15,000,000200,000 JPY/sq.m24.3 yrs11 min70 sq.m
Nagoya Subway Sakura-dori Line Kamisawa (185) [Stations]14,000,000200,000 JPY/sq.m25.3 yrs13 min70 sq.m