Higashi-Ku Apartment average value

Price 238,331 JPY/sq.m
- Age 22.6 years old
- Dist. from Sta. 8.4 min walk
- Property area 73.5 sq.m

The average price of Hokkaido Sapporo-Shi Higashi-Ku Apartment, in 2020 was 229,283 JPY/sq.m. The market value represents a decrease of 19,752 JPY (-7.9%) compared to 1 year ago and a transition to a bear market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Causes of price decreases

  • An increase in average age of the building (representing 22.3 years old in 2019 and 24.6 years old in 2020; +10.3%)
  • An increase in average distance from the station (representing 7.8 min in 2019 and 8.7 min in 2020; +12.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.1% of total transactions in 2019 and 5.3% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 28.4% of total transactions in 2019 and 21.3% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Higashi-Ku were calculated using data on the sales of 1,435 properties provided by the MLIT Japan.

Higashi-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
伏古1条10,700,000 JPY150,705 JPY/sq.m3 件
伏古2条10,376,923 JPY142,488 JPY/sq.m13 件
伏古3条9,600,000 JPY138,120 JPY/sq.m3 件
伏古4条8,875,000 JPY117,857 JPY/sq.m4 件
伏古6条7,714,286 JPY107,442 JPY/sq.m7 件
伏古8条10,425,000 JPY130,312 JPY/sq.m4 件
伏古9条11,880,000 JPY155,787 JPY/sq.m5 件
北4条東11,700,000 JPY151,428 JPY/sq.m4 件
北5条東15,650,000 JPY213,399 JPY/sq.m20 件
北6条東19,570,000 JPY254,207 JPY/sq.m50 件
北7条東28,695,454 JPY379,413 JPY/sq.m22 件
北8条東11,955,000 JPY220,484 JPY/sq.m93 件
北9条東19,477,333 JPY242,205 JPY/sq.m75 件
北10条東16,088,889 JPY202,752 JPY/sq.m83 件
北11条東21,666,667 JPY260,542 JPY/sq.m9 件
北12条東12,612,500 JPY175,314 JPY/sq.m48 件
北13条東19,084,375 JPY242,685 JPY/sq.m32 件
北14条東16,823,529 JPY210,352 JPY/sq.m18 件
北15条東17,406,250 JPY204,790 JPY/sq.m32 件
北16条東11,841,094 JPY152,893 JPY/sq.m64 件
北17条東14,698,039 JPY194,922 JPY/sq.m51 件
北18条東12,814,706 JPY174,874 JPY/sq.m34 件
北19条東8,662,500 JPY166,278 JPY/sq.m32 件
北20条東9,500,000 JPY131,059 JPY/sq.m34 件
北21条東14,172,727 JPY180,477 JPY/sq.m22 件
北22条東7,484,000 JPY148,240 JPY/sq.m25 件
北23条東10,588,235 JPY209,673 JPY/sq.m17 件
北24条東15,506,250 JPY203,652 JPY/sq.m16 件
北25条東16,025,000 JPY212,380 JPY/sq.m12 件
北26条東15,104,762 JPY194,298 JPY/sq.m21 件
北27条東13,057,500 JPY166,642 JPY/sq.m40 件
北28条東10,286,956 JPY142,322 JPY/sq.m23 件
北30条東19,705,882 JPY231,171 JPY/sq.m17 件
北31条東11,848,276 JPY158,014 JPY/sq.m29 件
北32条東11,953,333 JPY182,516 JPY/sq.m15 件
北33条東19,025,641 JPY241,035 JPY/sq.m39 件
北34条東16,246,667 JPY203,109 JPY/sq.m31 件
北35条東11,933,871 JPY160,403 JPY/sq.m62 件
北36条東12,625,926 JPY161,925 JPY/sq.m27 件
北37条東15,342,105 JPY197,546 JPY/sq.m19 件
北38条東15,392,000 JPY185,967 JPY/sq.m25 件
北39条東13,283,333 JPY171,259 JPY/sq.m30 件
北40条東13,173,077 JPY164,016 JPY/sq.m26 件
北41条東13,650,000 JPY175,658 JPY/sq.m8 件
北42条東21,880,952 JPY263,669 JPY/sq.m72 件
北43条東14,934,615 JPY206,036 JPY/sq.m26 件
北44条東11,560,000 JPY171,443 JPY/sq.m10 件
北46条東20,688,889 JPY252,892 JPY/sq.m18 件
北47条東12,461,905 JPY145,280 JPY/sq.m21 件
本町1条9,128,571 JPY126,796 JPY/sq.m7 件
本町2条4,171,429 JPY65,000 JPY/sq.m7 件
東苗穂4条10,460,000 JPY127,445 JPY/sq.m5 件
東苗穂5条5,900,000 JPY91,120 JPY/sq.m12 件
東苗穂6条5,333,333 JPY88,889 JPY/sq.m3 件
東苗穂14条7,300,000 JPY97,333 JPY/sq.m1 件
苗穂町7,155,556 JPY116,014 JPY/sq.m9 件

Higashi-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 New504,881 JPY/sq.m100 %
Residual Value (10 Years)349,630 JPY/sq.m69 %
Residual Value (20 Years)243,234 JPY/sq.m48 %
Residual Value (20 Years)185,695 JPY/sq.m37 %
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 Higashi-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 Higashi-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. Hokkaido Sapporo-Shi Higashi-Ku 北10条東 (Sapporo-Shi Higashikuyakushomae 7.0 min walk)
23.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-03-01 00:00:00

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

2. Hokkaido Sapporo-Shi Higashi-Ku 北17条東 (Sapporo-Shi Kannjoudoorihigashi 7.0 min walk)
21.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

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

3. Hokkaido Sapporo-Shi Higashi-Ku 北31条東 (Sapporo-Shi Kitasannjuuyojou 7.0 min walk)
21.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   146,667 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 less than ten minutes by foot from the station, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Causes of price decreases

  • An increase in average age of the building (representing 22.3 years old in 2019 and 24.6 years old in 2020; +10.3%)
  • An increase in average distance from the station (representing 7.8 min in 2019 and 8.7 min in 2020; +12.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.1% of total transactions in 2019 and 5.3% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 28.4% of total transactions in 2019 and 21.3% of total transactions in 2020)
The table below shows Apartment dealt in Hokkaido Sapporo-Shi Higashi-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 Higashi-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
Chuo-Ku 南14条西 (208) [Area]18,000,000239,048 JPY/sq.m25.8 yrs8 min75 sq.m
Chuo-Ku 宮の森1条 (109) [Area]21,000,000235,294 JPY/sq.m23.8 yrs8 min80 sq.m
Shiroishi-Ku 栄通 (102) [Area]16,000,000230,769 JPY/sq.m26.8 yrs7 min75 sq.m
Sapporo-Shi Chuo-Ku (6,251) [Area]19,000,000252,632 JPY/sq.m24.0 yrs7 min75 sq.m
Sapporo Subway Toho Line Higashikuyakushomae (199) [Stations]17,000,000233,333 JPY/sq.m24.3 yrs7 min75 sq.m
Sapporo Subway Tozai Line Miyanosawa (378) [Stations]20,000,000231,579 JPY/sq.m19.3 yrs10 min80 sq.m
Sapporo Municipal Sapporo Subway Tozai Line (9,173) [Stations]17,000,000230,769 JPY/sq.m25.3 yrs7 min75 sq.m
Sapporo Subway Toho Line Motomachi (176) [Stations]15,000,000228,571 JPY/sq.m24.3 yrs8 min75 sq.m
Sapporo Subway Toho Line Misono (149) [Stations]17,000,000228,571 JPY/sq.m21.6 yrs8 min70 sq.m