Nakamura-Ku Apartment average value

Price 402,179 JPY/sq.m
- Age 20.3 years old
- Dist. from Sta. 7.1 min walk
- Property area 43.9 sq.m

The average price of Aichi Nagoya-Shi Nakamura-Ku Apartment, in 2020 was 454,065 JPY/sq.m. The market value represents an increase of 32,996 JPY (+7.8%) 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 relatively far from the station less than twenty minutes by foot from the station, as well as a dramatic increase in transactions involving recently constructed buildings under 6 years old.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 1.9% of total transactions in 2019 and 5.9% of total transactions in 2020)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 9.4% of total transactions in 2019 and 5.9% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.9 min in 2019 and 7.1 min in 2020; +20.8%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 28.3% of total transactions in 2019 and 20.6% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 22.6% of total transactions in 2019 and 14.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Nakamura-Ku were calculated using data on the sales of 818 properties provided by the MLIT Japan.

Nakamura-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
二ツ橋町19,571,429 JPY268,698 JPY/sq.m7 件
二瀬町18,100,000 JPY251,313 JPY/sq.m3 件
千原町30,666,667 JPY353,212 JPY/sq.m3 件
千成通24,500,000 JPY288,235 JPY/sq.m2 件
上石川町13,300,000 JPY221,666 JPY/sq.m3 件
並木21,650,000 JPY321,732 JPY/sq.m28 件
中島町16,480,000 JPY282,641 JPY/sq.m10 件
中村町18,000,000 JPY200,000 JPY/sq.m1 件
亀島16,929,268 JPY288,562 JPY/sq.m41 件
井深町10,000,000 JPY224,921 JPY/sq.m9 件
京田町12,166,667 JPY195,299 JPY/sq.m3 件
佐古前町8,992,308 JPY241,291 JPY/sq.m13 件
則武12,156,000 JPY491,162 JPY/sq.m74 件
則武本通23,222,222 JPY339,418 JPY/sq.m9 件
名西通9,700,000 JPY156,866 JPY/sq.m3 件
名駅12,125,397 JPY472,807 JPY/sq.m228 件
名駅南12,306,122 JPY511,009 JPY/sq.m155 件
大秋町21,250,000 JPY290,568 JPY/sq.m8 件
大門町11,716,667 JPY200,834 JPY/sq.m6 件
太閤17,479,518 JPY442,153 JPY/sq.m83 件
太閤通19,222,642 JPY377,769 JPY/sq.m53 件
宿跡町10,570,588 JPY166,781 JPY/sq.m17 件
寿町9,900,000 JPY157,949 JPY/sq.m2 件
小鴨町18,750,000 JPY241,765 JPY/sq.m4 件
岩上町18,333,333 JPY264,615 JPY/sq.m3 件
岩塚本通14,576,923 JPY208,574 JPY/sq.m14 件
岩塚町23,561,765 JPY287,491 JPY/sq.m34 件
新富町16,750,000 JPY213,889 JPY/sq.m4 件
日吉町10,275,000 JPY188,944 JPY/sq.m4 件
本陣通23,042,857 JPY302,554 JPY/sq.m7 件
東宿町8,000,000 JPY100,000 JPY/sq.m1 件
松原町18,500,000 JPY268,406 JPY/sq.m4 件
椿町5,281,818 JPY206,194 JPY/sq.m22 件
横井5,500,000 JPY91,667 JPY/sq.m1 件
沖田町11,866,667 JPY149,394 JPY/sq.m6 件
深川町15,000,000 JPY230,770 JPY/sq.m2 件
烏森町9,218,182 JPY146,250 JPY/sq.m11 件
牛田通3,228,571 JPY178,095 JPY/sq.m7 件
畑江通17,933,333 JPY250,927 JPY/sq.m15 件
稲葉地本通12,666,667 JPY211,111 JPY/sq.m3 件
稲葉地町8,320,000 JPY129,718 JPY/sq.m10 件
稲西町18,000,000 JPY245,397 JPY/sq.m3 件
竹橋町11,500,000 JPY282,998 JPY/sq.m29 件
若宮町15,050,000 JPY245,437 JPY/sq.m9 件
藤江町17,400,000 JPY210,136 JPY/sq.m3 件
野田町20,384,615 JPY282,218 JPY/sq.m13 件
鈍池町11,958,824 JPY179,174 JPY/sq.m17 件
長戸井町14,250,000 JPY210,830 JPY/sq.m12 件
香取町13,200,000 JPY202,256 JPY/sq.m5 件
鳥居通27,000,000 JPY348,095 JPY/sq.m4 件
鴨付町18,000,000 JPY260,864 JPY/sq.m7 件
黄金通25,052,632 JPY311,967 JPY/sq.m19 件

Nakamura-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 New738,979 JPY/sq.m100 %
Residual Value (10 Years)532,349 JPY/sq.m72 %
Residual Value (20 Years)375,883 JPY/sq.m51 %
Residual Value (20 Years)269,578 JPY/sq.m36 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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 Nakamura-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 Nakamura-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 Nakamura-Ku 亀島 (Nagoya-Shi Kamejima 6.0 min walk)
18.3 years old , Area: 40.0 sq.m , Total floor area: sq.m , Layout: 1LDK , Structure: SRC
- Trading date: 2008-06-01 00:00:00

Trading price:   3,700,000 JPY,    Unit price:   92,500 JPY/sq.m

2. Aichi Nagoya-Shi Nakamura-Ku 亀島 (Nagoya-Shi Kamejima 6.0 min walk)
17.3 years old , Area: 45.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2009-06-01 00:00:00

Trading price:   8,900,000 JPY,    Unit price:   197,778 JPY/sq.m

3. Aichi Nagoya-Shi Nakamura-Ku 亀島 (Nagoya-Shi Kamejima 6.0 min walk)
17.0 years old , Area: 45.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: SRC
- Trading date: 2009-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   244,444 JPY/sq.m

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- 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 relatively far from the station less than twenty minutes by foot from the station, as well as a dramatic increase in transactions involving recently constructed buildings under 6 years old.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 1.9% of total transactions in 2019 and 5.9% of total transactions in 2020)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 9.4% of total transactions in 2019 and 5.9% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.9 min in 2019 and 7.1 min in 2020; +20.8%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 28.3% of total transactions in 2019 and 20.6% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 22.6% of total transactions in 2019 and 14.7% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Nagoya-Shi Nakamura-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 Nakamura-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
Naka-Ku 伊勢山 (73) [Area]17,000,000442,500 JPY/sq.m16.4 yrs4 min60 sq.m
Nagoya-Shi Naka-Ku (2,685) [Area]14,000,000442,857 JPY/sq.m16.6 yrs5 min45 sq.m
Higashi-Ku(508) [Area]17,000,000483,333 JPY/sq.m15.0 yrs5 min45 sq.m
Naka-Ku 千代田 (351) [Area]14,000,000500,000 JPY/sq.m12.8 yrs6 min30 sq.m
Nagoya Subway Sakura-dori Line Takaoka (576) [Stations]17,000,000400,000 JPY/sq.m20.8 yrs6 min55 sq.m
Nagoya Subway Higashiyama Line Kamejima (147) [Stations]21,000,000413,334 JPY/sq.m22.8 yrs5 min52 sq.m
Nagoya Subway Higashiyama Line Chikusa (186) [Stations]15,000,000450,000 JPY/sq.m15.8 yrs5 min50 sq.m
Nagoya Subway Meijo Line Yabachou (99) [Stations]18,000,000480,000 JPY/sq.m16.5 yrs6 min55 sq.m
Nagoya Subway Meijo Line Hisayaoodoori (379) [Stations]20,500,000524,038 JPY/sq.m13.9 yrs5 min50 sq.m