Showa-Ku Apartment average value

Price 361,861 JPY/sq.m
- Age 22.8 years old
- Dist. from Sta. 6.8 min walk
- Property area 66.5 sq.m

The average price of Aichi Nagoya-Shi Showa-Ku Apartment, in 2020 was 364,221 JPY/sq.m. The market value represents a decrease of 16,894 JPY (-4.4%) compared to 1 year ago and a transition to a some market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station, as well as an increase in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 25.0% of total transactions in 2019 and 32.8% of total transactions in 2020)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 7.4% of total transactions in 2019 and 3.5% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 53.7% of total transactions in 2019 and 59.6% 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 12.5% of total transactions in 2019 and 8.2% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Showa-Ku were calculated using data on the sales of 1,389 properties provided by the MLIT Japan.

Showa-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
五軒家町71,000,000 JPY364,103 JPY/sq.m1 件
八事富士見23,080,000 JPY330,275 JPY/sq.m101 件
八事本町14,200,000 JPY212,232 JPY/sq.m5 件
八雲町33,250,000 JPY415,903 JPY/sq.m4 件
上山町37,000,000 JPY493,333 JPY/sq.m1 件
下構町28,000,000 JPY373,334 JPY/sq.m2 件
丸屋町25,768,750 JPY340,501 JPY/sq.m16 件
伊勝町16,333,333 JPY251,282 JPY/sq.m3 件
元宮町6,963,333 JPY182,390 JPY/sq.m30 件
円上町24,166,667 JPY307,511 JPY/sq.m6 件
出口町2,281,818 JPY152,121 JPY/sq.m12 件
前山町3,200,000 JPY213,333 JPY/sq.m15 件
北山本町24,333,333 JPY324,206 JPY/sq.m3 件
北山町9,096,875 JPY173,827 JPY/sq.m32 件
南分町26,250,000 JPY302,597 JPY/sq.m4 件
南山町42,666,667 JPY405,673 JPY/sq.m3 件
向山町35,500,000 JPY307,309 JPY/sq.m8 件
吹上町29,000,000 JPY375,739 JPY/sq.m6 件
塩付通15,034,615 JPY219,537 JPY/sq.m26 件
大和町32,666,667 JPY396,345 JPY/sq.m6 件
天神町26,000,000 JPY316,079 JPY/sq.m4 件
安田通25,578,947 JPY332,728 JPY/sq.m19 件
宮東町2,876,923 JPY191,795 JPY/sq.m13 件
山中町15,940,909 JPY237,989 JPY/sq.m22 件
山手通25,886,364 JPY332,555 JPY/sq.m127 件
山脇町12,251,220 JPY215,421 JPY/sq.m42 件
山花町11,000,000 JPY169,231 JPY/sq.m1 件
山里町12,681,818 JPY191,537 JPY/sq.m33 件
川原通22,142,857 JPY288,235 JPY/sq.m7 件
川名山町33,142,857 JPY411,407 JPY/sq.m7 件
川名本町11,868,182 JPY214,123 JPY/sq.m22 件
川名町8,463,415 JPY207,307 JPY/sq.m45 件
広見町35,400,000 JPY404,970 JPY/sq.m15 件
広路本町18,071,429 JPY232,086 JPY/sq.m14 件
広路町40,538,462 JPY441,205 JPY/sq.m40 件
広路通24,933,333 JPY354,440 JPY/sq.m24 件
御器所21,712,820 JPY427,756 JPY/sq.m78 件
御器所通51,000,000 JPY638,825 JPY/sq.m6 件
恵方町22,333,333 JPY290,612 JPY/sq.m6 件
折戸町7,577,273 JPY203,087 JPY/sq.m22 件
明月町55,000,000 JPY611,111 JPY/sq.m1 件
曙町25,000,000 JPY300,032 JPY/sq.m4 件
村雲町22,000,000 JPY200,000 JPY/sq.m1 件
桜山町23,266,667 JPY295,487 JPY/sq.m12 件
楽園町40,047,619 JPY451,388 JPY/sq.m21 件
檀溪通19,446,875 JPY265,682 JPY/sq.m32 件
滝子町24,000,000 JPY329,206 JPY/sq.m9 件
滝子通11,333,333 JPY151,111 JPY/sq.m6 件
滝川町24,675,000 JPY333,381 JPY/sq.m177 件
狭間町21,000,000 JPY256,470 JPY/sq.m2 件
田面町22,750,000 JPY291,573 JPY/sq.m8 件
白金20,250,000 JPY286,662 JPY/sq.m8 件
石仏町27,882,353 JPY380,061 JPY/sq.m34 件
福原町20,500,000 JPY247,794 JPY/sq.m2 件
福江15,957,143 JPY233,450 JPY/sq.m14 件
紅梅町26,500,000 JPY316,369 JPY/sq.m2 件
花見通14,000,000 JPY215,385 JPY/sq.m1 件
若柳町26,000,000 JPY315,556 JPY/sq.m2 件
荒田町34,833,333 JPY365,083 JPY/sq.m6 件
菊園町38,142,857 JPY434,155 JPY/sq.m7 件
萩原町15,472,000 JPY233,417 JPY/sq.m25 件
藤成通27,073,077 JPY350,018 JPY/sq.m26 件
西畑町5,571,429 JPY180,952 JPY/sq.m7 件
車田町41,166,667 JPY536,588 JPY/sq.m6 件
長戸町22,850,000 JPY275,849 JPY/sq.m12 件
阿由知通24,140,678 JPY470,006 JPY/sq.m59 件
隼人町39,666,667 JPY397,295 JPY/sq.m9 件
雪見町27,375,000 JPY366,580 JPY/sq.m8 件
駒方町31,500,000 JPY397,222 JPY/sq.m8 件
高峯町25,733,333 JPY318,797 JPY/sq.m15 件
鶴羽町6,534,615 JPY214,359 JPY/sq.m27 件
鶴舞32,153,846 JPY367,426 JPY/sq.m13 件

Showa-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 New642,638 JPY/sq.m100 %
Residual Value (10 Years)493,292 JPY/sq.m77 %
Residual Value (20 Years)372,748 JPY/sq.m58 %
Residual Value (20 Years)281,005 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 Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{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 Showa-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 Showa-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 Showa-Ku 滝川町 (Nagoya-Shi IRinaka 6.0 min walk)
22.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK
- Trading date: 2007-03-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   261,538 JPY/sq.m

2. Aichi Nagoya-Shi Showa-Ku 山手通 (Nagoya-Shi Yagotonisseki 6.0 min walk)
21.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-12-01 00:00:00

Trading price:   24,000,000 JPY,    Unit price:   342,857 JPY/sq.m

3. Aichi Nagoya-Shi Showa-Ku 広路通 (Nagoya-Shi Kawana 6.0 min walk)
21.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   200,000 JPY/sq.m

4. Aichi Nagoya-Shi Showa-Ku 阿由知通 (Nagoya-Shi Gokiso 6.0 min walk)
21.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-03-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   338,462 JPY/sq.m

5. Aichi Nagoya-Shi Showa-Ku 広路本町 (Nagoya-Shi Gokiso 6.0 min walk)
23.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-03-01 00:00:00

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

6. Aichi Nagoya-Shi Showa-Ku 石仏町 (Nagoya-Shi Gokiso 6.0 min walk)
20.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   338,462 JPY/sq.m

7. Aichi Nagoya-Shi Showa-Ku 山手通 (Nagoya-Shi Yagotonisseki 6.0 min walk)
20.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 1LDK , Structure: SRC
- Trading date: 2018-09-01 00:00:00

Trading price:   2,500,000 JPY,    Unit price:   35,714 JPY/sq.m

8. Aichi Nagoya-Shi Showa-Ku 川名山町 (Nagoya-Shi IRinaka 6.0 min walk)
24.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-03-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   230,769 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 near to the station less than six minutes by foot from the station, as well as an increase in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 25.0% of total transactions in 2019 and 32.8% of total transactions in 2020)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 7.4% of total transactions in 2019 and 3.5% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 53.7% of total transactions in 2019 and 59.6% 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 12.5% of total transactions in 2019 and 8.2% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Nagoya-Shi Showa-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 Showa-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
Mizuho-Ku 仁所町 (2) [Area]27,000,000363,393 JPY/sq.m19.5 yrs7 min75 sq.m
Nagoya-Shi Mizuho-Ku (885) [Area]27,000,000350,000 JPY/sq.m19.5 yrs7 min70 sq.m
Moriyama-Ku 竜泉寺 (8) [Area]23,500,000345,673 JPY/sq.m24.8 yrs6 min70 sq.m
Kita-Ku 尾上町 (24) [Area]26,500,000338,888 JPY/sq.m23.3 yrs8 min80 sq.m
Nagoya Subway Meijo Line Sougourihabirisennta- (182) [Stations]30,000,000361,905 JPY/sq.m19.8 yrs7 min80 sq.m
Nagoya Subway Meijo Line Yagoto (252) [Stations]29,000,000362,500 JPY/sq.m20.8 yrs7 min80 sq.m
Nagoya Subway Tsurumai Line Yagoto (252) [Stations]29,000,000362,500 JPY/sq.m20.8 yrs7 min80 sq.m
Nagoya Subway Higashiyama Line Ikeshita (289) [Stations]28,000,000371,282 JPY/sq.m23.3 yrs6 min75 sq.m
Nagoya Subway Meijo Line Yagotonisseki (200) [Stations]28,000,000350,000 JPY/sq.m21.8 yrs7 min70 sq.m