Hyogo-Ku Apartment average value

Price 401,637 JPY/sq.m
- Age 20.0 years old
- Dist. from Sta. 5.4 min walk
- Property area 46.6 sq.m

The average price of Hyogo Kobe-Shi Hyogo-Ku Apartment, in 2020 was 397,173 JPY/sq.m. The market value represents an increase of 18,642 JPY (+4.9%) compared to 1 year ago and a transition to a some market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old, as well as a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • An decrease in transactions involving relatively old buildings under 40 years old (representing 42.2% of total transactions in 2019 and 35.6% of total transactions in 2020)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 11.4% of total transactions in 2019 and 14.6% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 5.5 min in 2019 and 6.1 min in 2020; +10.4%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 46.2% of total transactions in 2019 and 31.7% of total transactions in 2020)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 8.6% of total transactions in 2019 and 6.8% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Hyogo-Ku were calculated using data on the sales of 1,630 properties provided by the MLIT Japan.

Hyogo-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三川口町15,676,190 JPY416,309 JPY/sq.m46 件
三石通16,244,444 JPY270,939 JPY/sq.m9 件
五宮町26,500,000 JPY348,370 JPY/sq.m6 件
七宮町16,064,516 JPY562,070 JPY/sq.m31 件
上沢通16,950,000 JPY281,004 JPY/sq.m16 件
上祇園町27,500,000 JPY420,238 JPY/sq.m2 件
下沢通16,713,793 JPY385,720 JPY/sq.m87 件
中道通18,216,863 JPY541,421 JPY/sq.m51 件
会下山町15,863,158 JPY488,904 JPY/sq.m38 件
佐比江町17,500,000 JPY787,500 JPY/sq.m4 件
入江通10,120,000 JPY200,322 JPY/sq.m10 件
兵庫町16,975,000 JPY519,579 JPY/sq.m12 件
出在家町24,400,000 JPY359,224 JPY/sq.m5 件
北逆瀬川町22,666,667 JPY351,343 JPY/sq.m3 件
南仲町20,181,818 JPY277,051 JPY/sq.m11 件
吉田町18,440,000 JPY239,840 JPY/sq.m15 件
和田宮通12,250,000 JPY222,727 JPY/sq.m4 件
塚本通13,714,084 JPY336,957 JPY/sq.m75 件
夢野町12,533,333 JPY227,879 JPY/sq.m3 件
大同町8,400,000 JPY175,482 JPY/sq.m6 件
大開通22,567,647 JPY551,221 JPY/sq.m87 件
小松通14,500,000 JPY276,364 JPY/sq.m2 件
小河通20,000,000 JPY435,897 JPY/sq.m3 件
島上町7,400,000 JPY159,942 JPY/sq.m7 件
御崎本町12,056,667 JPY180,587 JPY/sq.m42 件
新開地14,718,367 JPY395,878 JPY/sq.m226 件
明和通25,200,000 JPY330,449 JPY/sq.m5 件
本町4,730,000 JPY161,547 JPY/sq.m10 件
東出町19,250,000 JPY770,000 JPY/sq.m4 件
東山町21,652,632 JPY340,382 JPY/sq.m19 件
松原通9,308,108 JPY355,272 JPY/sq.m37 件
松本通19,750,000 JPY338,393 JPY/sq.m8 件
水木通17,654,167 JPY524,518 JPY/sq.m78 件
永沢町12,477,778 JPY246,373 JPY/sq.m27 件
浜中町8,933,333 JPY171,515 JPY/sq.m3 件
浜山通6,000,000 JPY101,616 JPY/sq.m15 件
浜崎通9,068,421 JPY300,127 JPY/sq.m19 件
湊山町29,000,000 JPY422,528 JPY/sq.m4 件
湊川町9,913,044 JPY172,287 JPY/sq.m23 件
湊町14,972,222 JPY536,777 JPY/sq.m126 件
滝山町7,320,000 JPY99,764 JPY/sq.m5 件
熊野町12,400,000 JPY248,000 JPY/sq.m2 件
石井町12,250,000 JPY236,128 JPY/sq.m6 件
笠松通5,672,727 JPY143,078 JPY/sq.m11 件
羽坂通10,076,923 JPY478,022 JPY/sq.m26 件
芦原通12,881,818 JPY241,060 JPY/sq.m11 件
荒田町13,657,500 JPY242,326 JPY/sq.m41 件
菊水町5,741,936 JPY89,216 JPY/sq.m90 件
西上橘通4,363,636 JPY179,314 JPY/sq.m12 件
西仲町9,093,750 JPY303,523 JPY/sq.m16 件
西出町10,666,667 JPY201,970 JPY/sq.m8 件
西多聞通7,923,077 JPY288,368 JPY/sq.m13 件
西宮内町14,250,000 JPY475,000 JPY/sq.m4 件
西柳原町12,500,000 JPY310,728 JPY/sq.m35 件
西橘通13,895,238 JPY401,052 JPY/sq.m43 件
里山町8,700,000 JPY113,222 JPY/sq.m3 件
門口町18,250,000 JPY730,000 JPY/sq.m4 件
須佐野通17,200,000 JPY262,838 JPY/sq.m5 件
駅前通19,979,167 JPY344,126 JPY/sq.m58 件
駅南通14,757,143 JPY497,787 JPY/sq.m49 件
鵯越町16,833,333 JPY226,080 JPY/sq.m6 件

Hyogo-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 New799,749 JPY/sq.m100 %
Residual Value (10 Years)547,006 JPY/sq.m68 %
Residual Value (20 Years)362,265 JPY/sq.m45 %
Residual Value (20 Years)245,526 JPY/sq.m31 %
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 Hyogo-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 Hyogo-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. Hyogo Kobe-Shi Hyogo-Ku 新開地 (Kobe-Shi Kousokukoube 5.0 min walk)
19.5 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2019-09-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   360,000 JPY/sq.m

2. Hyogo Kobe-Shi Hyogo-Ku 湊町 (Kobe-Shi Shinnkaichi 5.0 min walk)
19.5 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2007-09-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   240,000 JPY/sq.m

3. Hyogo Kobe-Shi Hyogo-Ku 荒田町 (Kobe-Shi Minatogawakouenn 5.0 min walk)
19.3 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2016-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   236,364 JPY/sq.m

4. Hyogo Kobe-Shi Hyogo-Ku 新開地 (Kobe-Shi Shinnkaichi 5.0 min walk)
20.0 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2018-03-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   290,909 JPY/sq.m

5. Hyogo Kobe-Shi Hyogo-Ku 永沢町 (Kobe-Shi Shinnkaichi 5.0 min walk)
19.0 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2009-03-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   150,000 JPY/sq.m

6. Hyogo Kobe-Shi Hyogo-Ku 新開地 (Kobe-Shi Shinnkaichi 5.0 min walk)
20.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-12-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   345,455 JPY/sq.m

7. Hyogo Kobe-Shi Hyogo-Ku 水木通 (Kobe-Shi Daikai 5.0 min walk)
17.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-12-01 00:00:00

Trading price:   6,600,000 JPY,    Unit price:   120,000 JPY/sq.m

8. Hyogo Kobe-Shi Hyogo-Ku 上沢通 (Kobe-Shi Minatogawakouenn 5.0 min walk)
17.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   218,182 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 new buildings under 20 years old, as well as a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • An decrease in transactions involving relatively old buildings under 40 years old (representing 42.2% of total transactions in 2019 and 35.6% of total transactions in 2020)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 11.4% of total transactions in 2019 and 14.6% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 5.5 min in 2019 and 6.1 min in 2020; +10.4%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 46.2% of total transactions in 2019 and 31.7% of total transactions in 2020)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 8.6% of total transactions in 2019 and 6.8% of total transactions in 2020)
The table below shows Apartment dealt in Hyogo Kobe-Shi Hyogo-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 Hyogo-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
Higashinada-Ku 本庄町 (79) [Area]26,000,000400,000 JPY/sq.m14.1 yrs6 min65 sq.m
Chuo-Ku 二宮町 (107) [Area]19,000,000407,143 JPY/sq.m22.4 yrs7 min52 sq.m
Kobe-Shi Nada-Ku (1,834) [Area]25,000,000411,765 JPY/sq.m22.8 yrs6 min65 sq.m
Nada-Ku 日尾町 (31) [Area]18,000,000415,385 JPY/sq.m22.0 yrs4 min55 sq.m
Nada-Ku 中郷町 (19) [Area]25,000,000416,667 JPY/sq.m17.0 yrs6 min60 sq.m
Kobe Subway Kaigan Line Chuuouichibamae (77) [Stations]16,000,000357,143 JPY/sq.m18.3 yrs6 min45 sq.m
Kobe Subway Seishin-Yamanote Line Kennchoumae (290) [Stations]26,000,000500,000 JPY/sq.m17.8 yrs5 min55 sq.m
Kobe Municipal Kobe Subway Kaigan Line (518) [Stations]19,000,000300,000 JPY/sq.m16.5 yrs4 min60 sq.m
Kobe Subway Kaigan Line Shinnnagata (238) [Stations]19,000,000300,000 JPY/sq.m16.4 yrs4 min60 sq.m
Kobe Subway Seishin-Yamanote Line Shinnnagata (238) [Stations]19,000,000300,000 JPY/sq.m16.4 yrs4 min60 sq.m