Soraku-Gun Apartment average value

Price 248,352 JPY/sq.m
- Age 10.8 years old
- Dist. from Sta. 19.0 min walk
- Property area 83.3 sq.m

The average price of Kyoto Soraku-Gun Apartment, in 2020 was 217,500 JPY/sq.m. The market value represents a decrease of 77,846 JPY (-26.4%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving relatively new buildings under 20 years old.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 13.0 years old in 2019 and 18.1 years old in 2020; +38.9%)
Data regarding the market value and its changes of Apartment in Soraku-Gun were calculated using data on the sales of 88 properties provided by the MLIT Japan.

Soraku-Gun Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
Seika-Cho20,657,954 JPY248,352 JPY/sq.m88 件

Soraku-Gun 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 New294,130 JPY/sq.m100 %
Residual Value (10 Years)260,434 JPY/sq.m89 %
Residual Value (20 Years)176,043 JPY/sq.m60 %
Residual Value (20 Years)40,957 JPY/sq.m14 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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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 Soraku-Gun 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 Soraku-Gun 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. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 24.0 min walk)
9.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-12-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   253,333 JPY/sq.m

2. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Housono 24.0 min walk)
9.5 years old , Area: 90.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   277,778 JPY/sq.m

3. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 22.0 min walk)
9.0 years old , Area: 95.0 sq.m , Total floor area: sq.m , Layout: 3LDK+S , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   231,579 JPY/sq.m

4. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 23.0 min walk)
11.0 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2014-03-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   247,059 JPY/sq.m

5. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 23.0 min walk)
8.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   237,500 JPY/sq.m

6. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 24.0 min walk)
11.0 years old , Area: 90.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2014-03-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   233,333 JPY/sq.m

7. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Housono 25.0 min walk)
10.0 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-03-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   258,824 JPY/sq.m

8. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 25.0 min walk)
8.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-12-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   266,667 JPY/sq.m

9. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 24.0 min walk)
8.0 years old , Area: 90.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   277,778 JPY/sq.m

10. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 25.0 min walk)
8.0 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   247,059 JPY/sq.m

11. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 20.0 min walk)
9.8 years old , Area: 90.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2010-12-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   200,000 JPY/sq.m

12. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 20.0 min walk)
9.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-09-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   212,500 JPY/sq.m

13. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Housono 20.0 min walk)
9.3 years old , Area: 90.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2012-06-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   244,444 JPY/sq.m

14. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 20.0 min walk)
10.5 years old , Area: 90.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2011-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   211,111 JPY/sq.m

15. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 20.0 min walk)
10.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-09-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   225,000 JPY/sq.m

16. Kyoto Soraku-Gun Seika-Cho 精華台 (Soraku-Gun Shinnhousono 26.0 min walk)
8.8 years old , Area: 90.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-12-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   277,778 JPY/sq.m

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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 decrease in transactions involving relatively new buildings under 20 years old.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 13.0 years old in 2019 and 18.1 years old in 2020; +38.9%)
The table below shows Apartment dealt in Kyoto Soraku-Gun, 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 Soraku-Gun

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
Soraku-Gun Seika-Cho (88) [Area]21,000,000247,059 JPY/sq.m9.8 yrs23 min85 sq.m
Muko-Shi 鶏冠井町 (10) [Area]17,500,000249,744 JPY/sq.m12.8 yrs12 min75 sq.m
Seika-Cho 精華台 (53) [Area]21,000,000242,105 JPY/sq.m9.8 yrs23 min90 sq.m
Fushimi-Ku 桃山町山ノ下 (25) [Area]17,000,000261,538 JPY/sq.m12.0 yrs12 min65 sq.m
Kintetsu Kyoto Line Shinnhousono (63) [Stations]21,000,000250,000 JPY/sq.m8.8 yrs21 min85 sq.m
JR Katamachi Line Oosumi (6) [Stations]21,000,000234,540 JPY/sq.m11.8 yrs15 min92 sq.m
JR Katamachi Line Housono (8) [Stations]22,000,000270,468 JPY/sq.m9.8 yrs23 min82 sq.m
Kintetsu Kyoto Line Yamadagawa (7) [Stations]15,000,000187,500 JPY/sq.m11.5 yrs15 min75 sq.m