Kobe-Shi Apartment average value

Price 355,799 JPY/sq.m
- Age 23.1 years old
- Dist. from Sta. 9.3 min walk
- Property area 62.4 sq.m

The average price of Hyogo Kobe-Shi Apartment, in 2020 was 380,521 JPY/sq.m. The market value represents an increase of 34,579 JPY (+10.0%) compared to 1 year ago and a transition to a strong market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station, as well as a dramatic increase in transactions involving new buildings under 10 years old.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 10.1% of total transactions in 2019 and 12.4% of total transactions in 2020)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 2.1% of total transactions in 2019 and 3.3% of total transactions in 2020)

Causes of price decreases

  • An decrease in transactions involving recently constructed buildings under 6 years old (representing 4.4% of total transactions in 2019 and 3.7% of total transactions in 2020)
  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 29.0% of total transactions in 2019 and 28.9% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kobe-Shi were calculated using data on the sales of 19,968 properties provided by the MLIT Japan.

Kobe-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
Higashinada-Ku28,823,598 JPY401,166 JPY/sq.m3,719 件
Nada-Ku25,038,574 JPY400,063 JPY/sq.m1,834 件
Hyogo-Ku15,414,463 JPY401,637 JPY/sq.m1,630 件
Nagata-Ku15,391,582 JPY257,023 JPY/sq.m758 件
Suma-Ku14,251,598 JPY195,011 JPY/sq.m1,976 件
Tarumi-Ku14,283,964 JPY193,428 JPY/sq.m2,089 件
Kita-Ku8,937,978 JPY118,252 JPY/sq.m1,409 件
Chuo-Ku23,011,503 JPY519,425 JPY/sq.m4,587 件
Nishi-Ku18,445,897 JPY227,971 JPY/sq.m1,966 件

Kobe-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 New752,599 JPY/sq.m100 %
Residual Value (10 Years)545,842 JPY/sq.m73 %
Residual Value (20 Years)385,502 JPY/sq.m51 %
Residual Value (20 Years)271,581 JPY/sq.m36 %
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 Kobe-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 Kobe-Shi 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. Hyogo Kobe-Shi Higashinada-Ku 向洋町中 (Kobe-Shi Airanndosennta- 7.0 min walk)
22.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Structure: SRC
- Trading date: 2019-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   233,333 JPY/sq.m

2. Hyogo Kobe-Shi Nada-Ku 記田町 (Kobe-Shi Ishiyagawa 7.0 min walk)
22.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   23,000,000 JPY,    Unit price:   353,846 JPY/sq.m

3. Hyogo Kobe-Shi Suma-Ku 大田町 (Kobe-Shi Takatori 7.0 min walk)
22.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   250,000 JPY/sq.m

4. Hyogo Kobe-Shi Kita-Ku 山田町下谷上 (Kobe-Shi Minotani 7.0 min walk)
22.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2018-03-01 00:00:00

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

5. Hyogo Kobe-Shi Kita-Ku 山田町下谷上 (Kobe-Shi Minotani 7.0 min walk)
22.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

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

6. Hyogo Kobe-Shi Nishi-Ku 糀台 (Kobe-Shi Seishinnchuuou 7.0 min walk)
22.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   23,000,000 JPY,    Unit price:   353,846 JPY/sq.m

7. Hyogo Kobe-Shi Nishi-Ku 糀台 (Kobe-Shi Seishinnchuuou 7.0 min walk)
22.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   338,462 JPY/sq.m

8. Hyogo Kobe-Shi Chuo-Ku 坂口通 (Kobe-Shi Kasuganomichi 7.0 min walk)
22.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2010-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   216,667 JPY/sq.m

9. Hyogo Kobe-Shi Chuo-Ku 坂口通 (Kobe-Shi Kasuganomichi 7.0 min walk)
22.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2010-03-01 00:00:00

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

10. Hyogo Kobe-Shi Higashinada-Ku 魚崎南町 (Kobe-Shi Oogi 7.0 min walk)
22.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2007-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

11. Hyogo Kobe-Shi Higashinada-Ku 向洋町中 (Kobe-Shi Airanndokitaguchi 7.0 min walk)
21.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

12. Hyogo Kobe-Shi Higashinada-Ku 向洋町中 (Kobe-Shi Airanndosennta- 7.0 min walk)
21.8 years old , Area: 60.0 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:   316,667 JPY/sq.m

13. Hyogo Kobe-Shi Higashinada-Ku 向洋町中 (Kobe-Shi Marinnpa-Ku 7.0 min walk)
21.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK
- Trading date: 2019-12-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   200,000 JPY/sq.m

14. Hyogo Kobe-Shi Higashinada-Ku 魚崎南町 (Kobe-Shi Uozaki 7.0 min walk)
22.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   266,667 JPY/sq.m

15. Hyogo Kobe-Shi Chuo-Ku 御幸通 (Kobe-Shi Sannnomiya 7.0 min walk)
22.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2008-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   283,333 JPY/sq.m

16. Hyogo Kobe-Shi Nishi-Ku 糀台 (Kobe-Shi Seishinnchuuou 7.0 min walk)
23.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-03-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   338,462 JPY/sq.m

17. Hyogo Kobe-Shi Nada-Ku 六甲町 (Kobe-Shi Rokkoumichi 7.0 min walk)
23.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: SRC
- Trading date: 2010-03-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   366,667 JPY/sq.m

18. Hyogo Kobe-Shi Chuo-Ku 橘通 (Kobe-Shi Koube 7.0 min walk)
23.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-06-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m

19. Hyogo Kobe-Shi Kita-Ku 山田町下谷上 (Kobe-Shi Minotani 7.0 min walk)
21.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   5,900,000 JPY,    Unit price:   90,769 JPY/sq.m

20. Hyogo Kobe-Shi Nagata-Ku 滝谷町 (Kobe-Shi Maruyama 7.0 min walk)
23.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-06-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   125,000 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 dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station, as well as a dramatic increase in transactions involving new buildings under 10 years old.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 10.1% of total transactions in 2019 and 12.4% of total transactions in 2020)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 2.1% of total transactions in 2019 and 3.3% of total transactions in 2020)

Causes of price decreases

  • An decrease in transactions involving recently constructed buildings under 6 years old (representing 4.4% of total transactions in 2019 and 3.7% of total transactions in 2020)
  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 29.0% of total transactions in 2019 and 28.9% of total transactions in 2020)
The table below shows Apartment dealt in Hyogo Kobe-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 Kobe-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
Takarazuka-Shi 武庫川町 (151) [Area]28,000,000358,334 JPY/sq.m22.5 yrs10 min70 sq.m
Ashiya-Shi 南宮町 (76) [Area]26,500,000348,484 JPY/sq.m22.0 yrs8 min72 sq.m
Amagasaki-Shi 南塚口町 (164) [Area]24,000,000346,667 JPY/sq.m20.8 yrs8 min65 sq.m
Akashi-Shi 鷹匠町 (18) [Area]25,500,000344,762 JPY/sq.m24.8 yrs11 min70 sq.m
Nishinomiya-Shi 中島町 (18) [Area]24,000,000341,666 JPY/sq.m22.3 yrs10 min67 sq.m
Hanshin Main Line Uchide (548) [Stations]25,000,000356,350 JPY/sq.m21.5 yrs9 min70 sq.m
Hankyu Imazu Line Nigawa (247) [Stations]24,000,000350,000 JPY/sq.m20.8 yrs8 min70 sq.m
Hankyu Hankyu Imazu Line (3,130) [Stations]24,000,000342,857 JPY/sq.m21.1 yrs9 min70 sq.m
JR JR Kobe Line (14,125) [Stations]19,000,000338,462 JPY/sq.m21.0 yrs9 min65 sq.m
Hankyu (10,472) [Stations]22,000,000337,500 JPY/sq.m21.8 yrs10 min70 sq.m