Himeji-Shi Apartment average value

Price 192,194 JPY/sq.m
- Age 21.8 years old
- Dist. from Sta. 19.5 min walk
- Property area 67.7 sq.m

The average price of Hyogo Himeji-Shi Apartment, in 2020 was 178,526 JPY/sq.m. The market value represents a decrease of 23,363 JPY (-11.6%) 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 recently constructed buildings under 6 years old, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 0.8% of total transactions in 2019 and 4.7% of total transactions in 2020)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 10.5% of total transactions in 2019 and 13.8% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 21.8 years old in 2019 and 24.9 years old in 2020; +14.2%)
  • An increase in average distance from the station (representing 19.3 min in 2019 and 22.0 min in 2020; +14.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 4.7% of total transactions in 2019 and 10.6% of total transactions in 2020)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 58.1% of total transactions in 2019 and 62.4% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Himeji-Shi were calculated using data on the sales of 1,728 properties provided by the MLIT Japan.

Himeji-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三左衛門堀西の町22,666,667 JPY320,888 JPY/sq.m15 件
五軒邸16,333,333 JPY170,388 JPY/sq.m3 件
八代東光寺町8,450,000 JPY139,790 JPY/sq.m2 件
十二所前町24,277,778 JPY325,822 JPY/sq.m18 件
千代田町6,242,857 JPY93,855 JPY/sq.m21 件
上大野8,350,000 JPY136,443 JPY/sq.m10 件
下寺町11,682,609 JPY174,069 JPY/sq.m24 件
下手野7,700,000 JPY112,517 JPY/sq.m7 件
中地6,605,000 JPY109,232 JPY/sq.m16 件
中地南町7,833,333 JPY127,008 JPY/sq.m3 件
久保町20,538,462 JPY302,549 JPY/sq.m13 件
亀山7,225,000 JPY123,814 JPY/sq.m8 件
京町6,942,857 JPY115,958 JPY/sq.m7 件
伊伝居16,850,000 JPY230,001 JPY/sq.m12 件
佃町8,456,000 JPY125,904 JPY/sq.m25 件
保城8,168,750 JPY136,748 JPY/sq.m16 件
元塩町25,090,909 JPY338,322 JPY/sq.m11 件
元町15,250,000 JPY224,359 JPY/sq.m4 件
勝原区6,350,000 JPY124,000 JPY/sq.m6 件
北今宿16,875,000 JPY195,166 JPY/sq.m8 件
北原9,533,333 JPY125,705 JPY/sq.m6 件
北平野7,657,143 JPY191,002 JPY/sq.m14 件
北平野南の町12,214,286 JPY175,338 JPY/sq.m7 件
北新在家11,540,000 JPY114,510 JPY/sq.m5 件
北条18,720,690 JPY310,778 JPY/sq.m75 件
北条口18,828,571 JPY284,363 JPY/sq.m21 件
北条宮の町17,333,333 JPY251,114 JPY/sq.m6 件
北条永良町7,420,000 JPY132,394 JPY/sq.m5 件
南今宿7,600,000 JPY116,923 JPY/sq.m1 件
南新在家18,176,471 JPY253,364 JPY/sq.m17 件
南畝町18,000,000 JPY276,923 JPY/sq.m3 件
南車崎8,533,333 JPY138,519 JPY/sq.m9 件
南駅前町33,666,667 JPY400,926 JPY/sq.m3 件
博労町6,233,333 JPY130,259 JPY/sq.m9 件
古二階町20,333,333 JPY290,476 JPY/sq.m3 件
土山7,910,526 JPY116,707 JPY/sq.m19 件
土山東の町7,266,667 JPY126,263 JPY/sq.m6 件
坂田町14,600,000 JPY230,447 JPY/sq.m15 件
城北本町9,000,000 JPY127,288 JPY/sq.m7 件
城東町4,102,703 JPY77,348 JPY/sq.m38 件
増位新町25,818,367 JPY336,916 JPY/sq.m130 件
大塩町汐咲6,900,000 JPY106,115 JPY/sq.m14 件
大津区16,000,000 JPY257,359 JPY/sq.m3 件
大津区大津町20,000,000 JPY285,714 JPY/sq.m1 件
大津区天神町15,000,000 JPY250,000 JPY/sq.m1 件
大野町4,225,000 JPY82,778 JPY/sq.m4 件
威徳寺町7,500,000 JPY119,334 JPY/sq.m2 件
安富町長野3,152,000 JPY56,685 JPY/sq.m26 件
安田12,515,000 JPY183,520 JPY/sq.m20 件
宮西町21,333,333 JPY336,752 JPY/sq.m3 件
岡田8,981,250 JPY111,665 JPY/sq.m16 件
嵐山町20,000,000 JPY296,154 JPY/sq.m2 件
平野町20,720,000 JPY305,642 JPY/sq.m10 件
広畑区8,865,000 JPY134,795 JPY/sq.m132 件
広畑区北野町9,800,000 JPY131,741 JPY/sq.m4 件
広畑区吾妻町14,110,526 JPY182,305 JPY/sq.m19 件
広畑区小松町16,368,421 JPY207,348 JPY/sq.m19 件
広畑区本町4,150,000 JPY111,428 JPY/sq.m6 件
広畑区東新町5,666,667 JPY121,957 JPY/sq.m33 件
広畑区正門通7,853,846 JPY110,843 JPY/sq.m13 件
広畑区長町6,863,636 JPY96,204 JPY/sq.m11 件
延末26,000,000 JPY400,000 JPY/sq.m1 件
御国野町5,490,909 JPY89,658 JPY/sq.m11 件
御立西16,000,000 JPY200,000 JPY/sq.m3 件
忍町11,300,000 JPY166,191 JPY/sq.m6 件
手柄10,150,000 JPY128,235 JPY/sq.m8 件
日出町9,055,000 JPY133,229 JPY/sq.m20 件
本町20,928,571 JPY305,225 JPY/sq.m14 件
材木町13,333,333 JPY205,128 JPY/sq.m3 件
東今宿9,244,068 JPY133,711 JPY/sq.m59 件
東延末12,784,615 JPY234,094 JPY/sq.m39 件
東辻井13,611,111 JPY181,396 JPY/sq.m9 件
東雲町29,000,000 JPY362,500 JPY/sq.m1 件
東駅前町40,666,667 JPY556,410 JPY/sq.m3 件
栗山町13,261,905 JPY197,971 JPY/sq.m21 件
河間町15,166,667 JPY263,889 JPY/sq.m6 件
玉手10,564,286 JPY142,287 JPY/sq.m14 件
琴岡町17,600,000 JPY250,056 JPY/sq.m3 件
田寺13,559,091 JPY178,536 JPY/sq.m22 件
田寺東13,841,667 JPY164,290 JPY/sq.m12 件
町坪4,275,000 JPY71,407 JPY/sq.m4 件
白国8,737,500 JPY131,703 JPY/sq.m8 件
白浜町6,192,000 JPY99,087 JPY/sq.m26 件
白浜町宇佐崎中41,000,000 JPY683,333 JPY/sq.m1 件
白浜町宇佐崎北4,033,333 JPY73,333 JPY/sq.m3 件
白浜町寺家4,680,000 JPY106,601 JPY/sq.m5 件
的形町7,175,000 JPY90,618 JPY/sq.m20 件
砥堀8,775,000 JPY125,989 JPY/sq.m4 件
神子岡前11,645,454 JPY166,531 JPY/sq.m11 件
神屋町10,700,000 JPY167,850 JPY/sq.m9 件
福中町11,645,454 JPY236,540 JPY/sq.m11 件
福沢町7,560,000 JPY133,515 JPY/sq.m6 件
網干区9,442,500 JPY152,290 JPY/sq.m40 件
綿町25,500,000 JPY346,491 JPY/sq.m4 件
船橋町16,400,000 JPY204,182 JPY/sq.m13 件
花影町6,100,000 JPY128,334 JPY/sq.m2 件
苫編南9,340,000 JPY148,418 JPY/sq.m10 件
西二階町16,271,429 JPY236,817 JPY/sq.m7 件
西八代町20,000,000 JPY307,692 JPY/sq.m1 件
西中島11,900,000 JPY169,489 JPY/sq.m8 件
西今宿8,087,381 JPY117,484 JPY/sq.m43 件
西延末13,000,000 JPY211,111 JPY/sq.m3 件
西新町12,000,000 JPY171,429 JPY/sq.m3 件
西駅前町16,000,000 JPY371,795 JPY/sq.m2 件
豊富町甲丘5,980,000 JPY83,230 JPY/sq.m20 件
車崎3,707,143 JPY66,883 JPY/sq.m19 件
辻井15,333,333 JPY179,825 JPY/sq.m3 件
野里10,480,000 JPY157,056 JPY/sq.m10 件
青山9,172,222 JPY139,375 JPY/sq.m36 件
青山北10,327,273 JPY154,156 JPY/sq.m11 件
青山西10,866,667 JPY157,156 JPY/sq.m9 件
飯田8,375,000 JPY128,440 JPY/sq.m8 件
飾東町8,550,000 JPY142,500 JPY/sq.m6 件
飾磨区10,111,628 JPY154,162 JPY/sq.m326 件
飾磨区三宅11,010,714 JPY180,533 JPY/sq.m28 件
飾磨区上野田7,235,714 JPY127,554 JPY/sq.m14 件
飾磨区中野田11,750,000 JPY167,473 JPY/sq.m4 件
飾磨区今在家6,836,000 JPY120,493 JPY/sq.m25 件
飾磨区付城8,142,857 JPY128,095 JPY/sq.m7 件
飾磨区城南町11,965,625 JPY170,187 JPY/sq.m32 件
飾磨区構6,966,667 JPY103,309 JPY/sq.m9 件
飾磨区清水4,444,444 JPY115,283 JPY/sq.m19 件
飾磨区玉地14,136,364 JPY214,520 JPY/sq.m11 件
飾磨区英賀清水町15,181,818 JPY211,260 JPY/sq.m11 件
飾磨区西浜町12,750,000 JPY176,667 JPY/sq.m4 件
飾西14,400,000 JPY140,348 JPY/sq.m5 件
高尾町31,000,000 JPY413,333 JPY/sq.m1 件
龍野町5,200,000 JPY98,546 JPY/sq.m4 件

Himeji-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 New420,176 JPY/sq.m100 %
Residual Value (10 Years)290,402 JPY/sq.m69 %
Residual Value (20 Years)192,408 JPY/sq.m46 %
Residual Value (20 Years)126,194 JPY/sq.m30 %
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 Himeji-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 Himeji-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. Hyogo Himeji-Shi 西今宿 (Himeji-Shi Harimatakaoka 14.0 min walk)
23.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   127,692 JPY/sq.m

2. Hyogo Himeji-Shi 佃町 (Himeji-Shi Tegara 14.0 min walk)
23.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   150,000 JPY/sq.m

3. Hyogo Himeji-Shi 京町 (Himeji-Shi Kyouguchi 13.0 min walk)
24.0 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:   8,500,000 JPY,    Unit price:   121,429 JPY/sq.m

4. Hyogo Himeji-Shi 東今宿 (Himeji-Shi Harimatakaoka 13.0 min walk)
22.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Structure: SRC
- Trading date: 2012-06-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   92,308 JPY/sq.m

5. Hyogo Himeji-Shi 東今宿 (Himeji-Shi Harimatakaoka 15.0 min walk)
24.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   5,900,000 JPY,    Unit price:   98,333 JPY/sq.m

6. Hyogo Himeji-Shi 京町 (Himeji-Shi Kyouguchi 13.0 min walk)
21.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-12-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   133,333 JPY/sq.m

7. Hyogo Himeji-Shi 飾磨区 (Himeji-Shi Nishishikama 15.0 min walk)
21.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-12-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   100,000 JPY/sq.m

8. Hyogo Himeji-Shi 飾磨区 (Himeji-Shi Nishishikama 15.0 min walk)
21.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-09-01 00:00:00

Trading price:   5,300,000 JPY,    Unit price:   75,714 JPY/sq.m

9. Hyogo Himeji-Shi 東今宿 (Himeji-Shi Harimatakaoka 13.0 min walk)
21.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: オープンフロア , Structure: SRC
- Trading date: 2011-09-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   57,143 JPY/sq.m

10. Hyogo Himeji-Shi 青山 (Himeji-Shi Yobe 13.0 min walk)
21.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   6,800,000 JPY,    Unit price:   104,615 JPY/sq.m

11. Hyogo Himeji-Shi 佃町 (Himeji-Shi Tegara 13.0 min walk)
25.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-03-01 00:00:00

Trading price:   8,900,000 JPY,    Unit price:   127,143 JPY/sq.m

12. Hyogo Himeji-Shi 飾磨区 (Himeji-Shi Shikama 13.0 min walk)
25.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3DK , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   5,400,000 JPY,    Unit price:   77,143 JPY/sq.m

13. Hyogo Himeji-Shi 佃町 (Himeji-Shi Tegara 13.0 min walk)
25.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2014-06-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   123,077 JPY/sq.m

14. Hyogo Himeji-Shi 博労町 (Himeji-Shi Himeji 14.0 min walk)
21.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-03-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   116,667 JPY/sq.m

15. Hyogo Himeji-Shi 広畑区北野町 (Himeji-Shi Hirohata 15.0 min walk)
21.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   7,700,000 JPY,    Unit price:   110,000 JPY/sq.m

16. Hyogo Himeji-Shi 中地南町 (Himeji-Shi Kameyama 15.0 min walk)
25.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   5,900,000 JPY,    Unit price:   98,333 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 recently constructed buildings under 6 years old, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 0.8% of total transactions in 2019 and 4.7% of total transactions in 2020)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 10.5% of total transactions in 2019 and 13.8% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 21.8 years old in 2019 and 24.9 years old in 2020; +14.2%)
  • An increase in average distance from the station (representing 19.3 min in 2019 and 22.0 min in 2020; +14.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 4.7% of total transactions in 2019 and 10.6% of total transactions in 2020)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 58.1% of total transactions in 2019 and 62.4% of total transactions in 2020)
The table below shows Apartment dealt in Hyogo Himeji-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 Himeji-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
Himeji-Shi 栗山町 (21) [Area]12,000,000183,333 JPY/sq.m17.9 yrs19 min65 sq.m
Amagasaki-Shi 口田中 (9) [Area]11,000,000183,333 JPY/sq.m21.8 yrs16 min55 sq.m
Nada-Ku 箕岡通 (6) [Area]17,000,000183,173 JPY/sq.m23.3 yrs16 min80 sq.m
Nishinomiya-Shi 田近野町 (7) [Area]13,000,000173,333 JPY/sq.m26.0 yrs20 min70 sq.m
Himeji-Shi 材木町 (3) [Area]14,000,000215,385 JPY/sq.m23.3 yrs20 min65 sq.m
JR JR Kishin Line (846) [Stations]13,000,000191,111 JPY/sq.m21.5 yrs21 min65 sq.m
JR JR Sanyo Main Line (849) [Stations]13,000,000195,556 JPY/sq.m21.6 yrs21 min65 sq.m
JR Kishin Line Himeji (702) [Stations]13,000,000200,000 JPY/sq.m20.5 yrs21 min65 sq.m
JR Sanyo Main Line Himeji (702) [Stations]13,000,000200,000 JPY/sq.m20.5 yrs21 min65 sq.m
JR Bantan Line Himeji (702) [Stations]13,000,000200,000 JPY/sq.m20.5 yrs21 min65 sq.m