Okazaki-Shi Apartment average value

Price 225,312 JPY/sq.m
- Age 20.0 years old
- Dist. from Sta. 23.0 min walk
- Property area 76.0 sq.m

The average price of Aichi Okazaki-Shi Apartment, in 2020 was 243,523 JPY/sq.m. The market value represents a decrease of 3,385 JPY (-1.4%) compared to 1 year ago and a transition to a slight market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m, 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 4.2% of total transactions in 2019 and 10.9% of total transactions in 2020)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 54.9% of total transactions in 2019 and 50.9% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 21.2 min in 2019 and 24.7 min in 2020; +16.2%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.8% of total transactions in 2019 and 1.8% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Okazaki-Shi were calculated using data on the sales of 1,021 properties provided by the MLIT Japan.

Okazaki-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三崎町20,500,000 JPY257,669 JPY/sq.m6 件
六名新町8,871,429 JPY122,328 JPY/sq.m7 件
六名本町21,400,000 JPY277,389 JPY/sq.m5 件
六名東町12,166,667 JPY164,387 JPY/sq.m6 件
八帖北町9,300,000 JPY124,000 JPY/sq.m1 件
上六名26,256,522 JPY331,471 JPY/sq.m28 件
上和田町19,388,889 JPY262,235 JPY/sq.m9 件
上地10,271,429 JPY125,462 JPY/sq.m7 件
上里14,735,000 JPY184,725 JPY/sq.m20 件
両町14,000,000 JPY215,385 JPY/sq.m1 件
中園町11,466,667 JPY162,536 JPY/sq.m9 件
中岡崎町12,000,000 JPY150,000 JPY/sq.m1 件
中島町10,505,882 JPY123,609 JPY/sq.m17 件
中田町16,000,000 JPY211,764 JPY/sq.m2 件
中町15,500,000 JPY206,250 JPY/sq.m2 件
久後崎町21,500,000 JPY225,320 JPY/sq.m2 件
亀井町21,571,429 JPY263,515 JPY/sq.m7 件
井ノ口町11,360,000 JPY152,286 JPY/sq.m5 件
井田南町12,700,000 JPY186,793 JPY/sq.m18 件
井田新町24,000,000 JPY272,020 JPY/sq.m3 件
井田町11,589,130 JPY157,436 JPY/sq.m46 件
伊賀新町7,400,000 JPY105,714 JPY/sq.m4 件
伊賀町14,463,636 JPY185,996 JPY/sq.m22 件
伝馬通20,600,000 JPY254,513 JPY/sq.m5 件
北本郷町8,240,000 JPY118,270 JPY/sq.m5 件
北野町14,222,222 JPY185,779 JPY/sq.m18 件
南明大寺町18,571,429 JPY246,292 JPY/sq.m14 件
城北町17,188,889 JPY201,516 JPY/sq.m9 件
大和町10,683,333 JPY163,059 JPY/sq.m6 件
大平町16,000,000 JPY168,421 JPY/sq.m1 件
大樹寺19,700,000 JPY251,083 JPY/sq.m10 件
大西11,917,308 JPY158,387 JPY/sq.m52 件
大西町11,071,429 JPY150,991 JPY/sq.m21 件
大門18,428,571 JPY237,510 JPY/sq.m14 件
天白町11,842,105 JPY158,080 JPY/sq.m19 件
宇頭町15,750,000 JPY150,000 JPY/sq.m4 件
宮地町12,828,571 JPY189,957 JPY/sq.m7 件
寿町12,333,333 JPY176,142 JPY/sq.m3 件
康生町33,200,000 JPY385,858 JPY/sq.m15 件
康生通南14,285,714 JPY195,918 JPY/sq.m7 件
康生通西37,687,500 JPY403,080 JPY/sq.m16 件
戸崎元町21,200,000 JPY246,916 JPY/sq.m5 件
戸崎町13,433,846 JPY180,874 JPY/sq.m65 件
日名中町12,900,000 JPY183,768 JPY/sq.m10 件
日名西町19,000,000 JPY217,763 JPY/sq.m2 件
明大寺本町25,000,000 JPY339,659 JPY/sq.m9 件
明大寺町22,172,727 JPY288,190 JPY/sq.m86 件
昭和町8,456,250 JPY131,800 JPY/sq.m16 件
朝日町15,353,846 JPY204,724 JPY/sq.m13 件
末広町14,639,130 JPY192,808 JPY/sq.m23 件
材木町10,415,385 JPY139,386 JPY/sq.m26 件
東大友町13,000,000 JPY152,941 JPY/sq.m1 件
東牧内町16,142,857 JPY222,902 JPY/sq.m7 件
板屋町11,200,000 JPY149,333 JPY/sq.m3 件
20,500,000 JPY317,857 JPY/sq.m2 件
柱曙22,916,667 JPY289,204 JPY/sq.m12 件
柱町15,190,909 JPY226,525 JPY/sq.m11 件
栄町10,670,000 JPY135,008 JPY/sq.m10 件
梅園町8,614,286 JPY102,911 JPY/sq.m7 件
橋目町11,000,000 JPY146,667 JPY/sq.m1 件
欠町14,570,000 JPY196,602 JPY/sq.m20 件
正名町9,260,000 JPY131,933 JPY/sq.m11 件
江口6,500,000 JPY92,857 JPY/sq.m1 件
法性寺町9,633,333 JPY138,869 JPY/sq.m3 件
牧御堂町9,525,000 JPY118,373 JPY/sq.m8 件
矢作町11,905,556 JPY152,463 JPY/sq.m18 件
福寿町25,000,000 JPY200,000 JPY/sq.m1 件
福岡町12,950,000 JPY174,307 JPY/sq.m6 件
稲熊町12,855,556 JPY162,847 JPY/sq.m18 件
竜美南9,883,333 JPY149,756 JPY/sq.m6 件
竜美新町14,018,182 JPY185,708 JPY/sq.m33 件
竜美東10,125,000 JPY143,974 JPY/sq.m4 件
竜美西14,000,000 JPY198,291 JPY/sq.m3 件
緑丘11,333,333 JPY141,667 JPY/sq.m3 件
美合町10,961,111 JPY155,367 JPY/sq.m36 件
羽根東町15,000,000 JPY272,727 JPY/sq.m1 件
羽根町24,000,000 JPY307,392 JPY/sq.m10 件
羽根西22,300,000 JPY298,277 JPY/sq.m7 件
羽根西新町4,550,000 JPY101,111 JPY/sq.m2 件
能見通14,900,000 JPY205,445 JPY/sq.m5 件
舞木町5,792,308 JPY76,417 JPY/sq.m14 件
若松東21,000,000 JPY255,026 JPY/sq.m3 件
若松町13,392,000 JPY179,485 JPY/sq.m25 件
菅生町4,271,429 JPY74,067 JPY/sq.m21 件
葵町12,466,667 JPY170,060 JPY/sq.m6 件
蓑川新町20,250,000 JPY222,747 JPY/sq.m4 件
西蔵前町21,000,000 JPY247,719 JPY/sq.m2 件
錦町8,200,000 JPY102,500 JPY/sq.m5 件
鴨田町14,400,000 JPY186,167 JPY/sq.m5 件

Okazaki-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 New437,398 JPY/sq.m100 %
Residual Value (10 Years)309,752 JPY/sq.m71 %
Residual Value (20 Years)215,545 JPY/sq.m49 %
Residual Value (20 Years)154,778 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 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 Okazaki-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 Okazaki-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 Okazaki-Shi 板屋町 (Okazaki-Shi Higashiokazaki 23.0 min walk)
21.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2007-09-01 00:00:00

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

2. Aichi Okazaki-Shi 板屋町 (Okazaki-Shi Higashiokazaki 23.0 min walk)
22.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2008-06-01 00:00:00

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

3. Aichi Okazaki-Shi 美合町 (Okazaki-Shi Miai 23.0 min walk)
21.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-03-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   106,667 JPY/sq.m

4. Aichi Okazaki-Shi 六名新町 (Okazaki-Shi Okazaki 23.0 min walk)
20.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2007-09-01 00:00:00

Trading price:   9,800,000 JPY,    Unit price:   140,000 JPY/sq.m

5. Aichi Okazaki-Shi 六名新町 (Okazaki-Shi Okazaki 24.0 min walk)
22.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-12-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   81,250 JPY/sq.m

6. Aichi Okazaki-Shi 大西 (Okazaki-Shi Higashiokazaki 24.0 min walk)
20.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

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

7. Aichi Okazaki-Shi 大西 (Okazaki-Shi Higashiokazaki 25.0 min walk)
22.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-03-01 00:00:00

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

8. Aichi Okazaki-Shi 美合町 (Okazaki-Shi Miai 25.0 min walk)
22.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   113,333 JPY/sq.m

9. Aichi Okazaki-Shi 牧御堂町 (Okazaki-Shi Okazaki 25.0 min walk)
21.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2011-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   162,500 JPY/sq.m

10. Aichi Okazaki-Shi 若松町 (Okazaki-Shi Okazaki 23.0 min walk)
20.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-03-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   128,571 JPY/sq.m

11. Aichi Okazaki-Shi 美合町 (Okazaki-Shi Miai 21.0 min walk)
21.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-03-01 00:00:00

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

12. Aichi Okazaki-Shi 大西町 (Okazaki-Shi Miai 23.0 min walk)
19.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-12-01 00:00:00

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

13. Aichi Okazaki-Shi 稲熊町 (Okazaki-Shi Higashiokazaki 23.0 min walk)
19.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4DK , Structure: RC
- Trading date: 2009-12-01 00:00:00

Trading price:   6,200,000 JPY,    Unit price:   88,571 JPY/sq.m

14. Aichi Okazaki-Shi 天白町 (Okazaki-Shi Okazaki 21.0 min walk)
23.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   9,800,000 JPY,    Unit price:   140,000 JPY/sq.m

15. Aichi Okazaki-Shi 牧御堂町 (Okazaki-Shi Okazaki 25.0 min walk)
23.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2013-06-01 00:00:00

Trading price:   9,300,000 JPY,    Unit price:   116,250 JPY/sq.m

16. Aichi Okazaki-Shi 牧御堂町 (Okazaki-Shi Okazaki 25.0 min walk)
20.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2010-06-01 00:00:00

Trading price:   8,900,000 JPY,    Unit price:   111,250 JPY/sq.m

17. Aichi Okazaki-Shi 大西 (Okazaki-Shi Higashiokazaki 25.0 min walk)
23.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

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

18. Aichi Okazaki-Shi 大西 (Okazaki-Shi Higashiokazaki 25.0 min walk)
23.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2019-12-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   128,571 JPY/sq.m

19. Aichi Okazaki-Shi 稲熊町 (Okazaki-Shi Higashiokazaki 21.0 min walk)
19.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2009-12-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 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 relatively large size more than 100 sq.m, 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 4.2% of total transactions in 2019 and 10.9% of total transactions in 2020)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 54.9% of total transactions in 2019 and 50.9% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 21.2 min in 2019 and 24.7 min in 2020; +16.2%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.8% of total transactions in 2019 and 1.8% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Okazaki-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 Okazaki-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 前山町 (41) [Area]17,000,000225,000 JPY/sq.m16.3 yrs24 min75 sq.m
Kasugai-Shi 前並町 (11) [Area]18,000,000225,000 JPY/sq.m23.0 yrs19 min80 sq.m
Anjo-Shi 横山町 (64) [Area]16,000,000226,050 JPY/sq.m23.8 yrs20 min70 sq.m
Nakagawa-Ku 法華西町 (3) [Area]16,000,000226,667 JPY/sq.m18.0 yrs26 min65 sq.m
Meito-Ku 香流 (5) [Area]17,000,000226,667 JPY/sq.m21.5 yrs25 min75 sq.m
Meitetsu Nagoya Main Line Higashiokazaki (534) [Stations]17,000,000216,667 JPY/sq.m21.0 yrs25 min75 sq.m
JR Tokaido Main Line Okazaki (280) [Stations]16,000,000209,524 JPY/sq.m21.5 yrs23 min75 sq.m
Aichi Loop Line Okazaki (280) [Stations]16,000,000209,524 JPY/sq.m21.5 yrs23 min75 sq.m
Aichi Loop Line Mikawatoyota (192) [Stations]18,000,000245,000 JPY/sq.m19.9 yrs19 min75 sq.m
Other Aichi Loop Line (1,087) [Stations]15,000,000200,000 JPY/sq.m22.3 yrs19 min75 sq.m