Niwa-Gun Apartment average value

Price 162,209 JPY/sq.m
- Age 17.4 years old
- Dist. from Sta. 12.1 min walk
- Property area 80.0 sq.m

The average price of Aichi Niwa-Gun Apartment, in 2019 was 87,500 JPY/sq.m. The market value represents a decrease of 56,944 JPY (-39.4%) compared to 1 year ago and a transition to a dramatic market.

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

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2018 and 100.0% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2018 and 8.0 min in 2019; +100.0%)
Data regarding the market value and its changes of Apartment in Niwa-Gun were calculated using data on the sales of 16 properties provided by the MLIT Japan.

Niwa-Gun Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
Oguchi-Cho15,000,000 JPY200,000 JPY/sq.m2 件
Fuso-Cho12,700,000 JPY156,810 JPY/sq.m14 件
Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

Niwa-Gun 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 New401,491 JPY/sq.m100 %
Residual Value (10 Years)246,566 JPY/sq.m61 %
Residual Value (20 Years)138,514 JPY/sq.m35 %
Residual Value (20 Years)77,335 JPY/sq.m19 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

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




Calculate Niwa-Gun 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 Niwa-Gun 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 Niwa-Gun Fuso-Cho 大字高雄 (Niwa-Gun Fusou 10.0 min walk)
17.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   175,000 JPY/sq.m

2. Aichi Niwa-Gun Fuso-Cho 大字高雄 (Niwa-Gun Fusou 10.0 min walk)
16.8 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   200,000 JPY/sq.m

3. Aichi Niwa-Gun Fuso-Cho 大字高雄 (Niwa-Gun Fusou 11.0 min walk)
14.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

4. Aichi Niwa-Gun Fuso-Cho 大字高雄 (Niwa-Gun Fusou 11.0 min walk)
13.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-12-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   175,000 JPY/sq.m

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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 slight decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2018 and 100.0% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2018 and 8.0 min in 2019; +100.0%)
The table below shows Apartment dealt in Aichi Niwa-Gun, 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 Niwa-Gun

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 小幡宮ノ腰 (9) [Area]13,000,000162,500 JPY/sq.m18.8 yrs11 min75 sq.m
Owariasahi-Shi 桜ケ丘町 (41) [Area]12,000,000162,500 JPY/sq.m20.8 yrs10 min70 sq.m
Yatomi-Shi 前ケ須町 (28) [Area]12,000,000162,500 JPY/sq.m17.3 yrs11 min75 sq.m
Okazaki-Shi 大和町 (6) [Area]10,500,000161,538 JPY/sq.m19.6 yrs11 min65 sq.m
Niwa-Gun Fuso-Cho (14) [Area]13,500,000163,572 JPY/sq.m18.5 yrs10 min80 sq.m
Meitetsu Seto Line Oomori-Kinnjougakuinnmae (63) [Stations]11,000,000163,333 JPY/sq.m16.5 yrs13 min70 sq.m
Meitetsu Nagoya Main Line Motohoshizaki (70) [Stations]10,500,000157,143 JPY/sq.m20.5 yrs13 min70 sq.m
Meitetsu Inuyama Line Fusou (15) [Stations]13,000,000157,143 JPY/sq.m17.8 yrs11 min80 sq.m
Kintetsu Nagoya Line Kinntetsuyatomi (27) [Stations]12,000,000169,231 JPY/sq.m18.5 yrs11 min75 sq.m
Meitetsu Nagoya Main Line Okazakikouennmae (3) [Stations]12,000,000150,000 JPY/sq.m20.5 yrs10 min80 sq.m