Nisshin-Shi Apartment average value

Price 254,469 JPY/sq.m
- Age 20.6 years old
- Dist. from Sta. 16.6 min walk
- Property area 77.4 sq.m

The average price of Aichi Nisshin-Shi Apartment, in 2020 was 234,338 JPY/sq.m. The market value represents a decrease of 54,940 JPY (-19.0%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.2 min in 2019 and 14.3 min in 2020; -21.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.0% of total transactions in 2019 and 18.2% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 20.8 years old in 2019 and 23.0 years old in 2020; +10.5%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 62.5% of total transactions in 2019 and 90.9% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Nisshin-Shi were calculated using data on the sales of 407 properties provided by the MLIT Japan.

Nisshin-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
岩崎台19,235,294 JPY210,152 JPY/sq.m17 件
岩崎町14,418,182 JPY190,542 JPY/sq.m11 件
岩藤町9,933,333 JPY131,503 JPY/sq.m3 件
折戸町11,442,857 JPY153,697 JPY/sq.m14 件
19,129,032 JPY252,780 JPY/sq.m169 件
浅田平子11,085,714 JPY156,416 JPY/sq.m14 件
浅田町16,195,745 JPY214,047 JPY/sq.m47 件
米野木台31,833,333 JPY429,477 JPY/sq.m6 件
藤枝町14,270,000 JPY150,210 JPY/sq.m10 件
赤池24,019,608 JPY318,756 JPY/sq.m51 件
赤池南23,100,000 JPY278,632 JPY/sq.m10 件
赤池町16,500,000 JPY220,000 JPY/sq.m4 件
香久山18,461,538 JPY226,344 JPY/sq.m65 件

Nisshin-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 New577,196 JPY/sq.m100 %
Residual Value (10 Years)372,497 JPY/sq.m65 %
Residual Value (20 Years)246,814 JPY/sq.m43 %
Residual Value (20 Years)200,147 JPY/sq.m35 %
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 Nisshin-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 Nisshin-Shi 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 Nisshin-Shi 栄 (Nisshin-Shi Nisshinn 11.0 min walk)
22.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-03-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   333,333 JPY/sq.m

2. Aichi Nisshin-Shi 栄 (Nisshin-Shi Nisshinn 9.0 min walk)
22.0 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:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

3. Aichi Nisshin-Shi 折戸町 (Nisshin-Shi Nisshinn 11.0 min walk)
21.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-12-01 00:00:00

Trading price:   9,800,000 JPY,    Unit price:   122,500 JPY/sq.m

4. Aichi Nisshin-Shi 折戸町 (Nisshin-Shi Nisshinn 11.0 min walk)
21.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   173,333 JPY/sq.m

5. Aichi Nisshin-Shi 折戸町 (Nisshin-Shi Nisshinn 10.0 min walk)
20.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   171,429 JPY/sq.m

6. Aichi Nisshin-Shi 栄 (Nisshin-Shi Nisshinn 9.0 min walk)
20.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01 00:00:00

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

7. Aichi Nisshin-Shi 栄 (Nisshin-Shi Nisshinn 9.0 min walk)
23.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   257,143 JPY/sq.m

8. Aichi Nisshin-Shi 折戸町 (Nisshin-Shi Nisshinn 10.0 min walk)
23.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-12-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   257,143 JPY/sq.m

9. Aichi Nisshin-Shi 折戸町 (Nisshin-Shi Nisshinn 9.0 min walk)
20.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2010-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   146,667 JPY/sq.m

10. Aichi Nisshin-Shi 栄 (Nisshin-Shi Nisshinn 11.0 min walk)
20.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-03-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   312,500 JPY/sq.m

11. Aichi Nisshin-Shi 栄 (Nisshin-Shi Nisshinn 9.0 min walk)
20.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-03-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   240,000 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 relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.2 min in 2019 and 14.3 min in 2020; -21.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.0% of total transactions in 2019 and 18.2% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 20.8 years old in 2019 and 23.0 years old in 2020; +10.5%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 62.5% of total transactions in 2019 and 90.9% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Nisshin-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 Nisshin-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
Toyota-Shi 日南町 (28) [Area]20,500,000253,362 JPY/sq.m17.3 yrs13 min77 sq.m
Toyota-Shi 大林町 (15) [Area]18,000,000257,143 JPY/sq.m17.0 yrs14 min70 sq.m
Mizuho-Ku 竹田町 (11) [Area]19,000,000257,143 JPY/sq.m18.0 yrs15 min75 sq.m
Midori-Ku 水広 (3) [Area]18,000,000257,143 JPY/sq.m18.3 yrs18 min70 sq.m
Midori-Ku 池上台 (14) [Area]18,000,000257,143 JPY/sq.m24.0 yrs16 min72 sq.m
Aichi Loop Line Mikawatoyota (192) [Stations]18,000,000245,000 JPY/sq.m19.9 yrs19 min75 sq.m
Nagoya Subway Sakura-dori Line Tokushige (111) [Stations]20,000,000264,102 JPY/sq.m20.8 yrs18 min72 sq.m
Nagoya Subway Sakura-dori Line Naruko Kita (63) [Stations]20,000,000266,667 JPY/sq.m17.3 yrs14 min75 sq.m
Aichi Loop Line Ekaku (10) [Stations]23,000,000271,429 JPY/sq.m22.3 yrs13 min75 sq.m
Nagoya Subway Tsurumai Line Akaike (178) [Stations]17,000,000236,397 JPY/sq.m21.5 yrs14 min72 sq.m