Osaki-Shi Apartment average value

Price 87,008 JPY/sq.m
- Age 24.8 years old
- Dist. from Sta. 24.5 min walk
- Property area 57.9 sq.m

The average price of Miyagi Osaki-Shi Apartment, in 2020 was 118,571 JPY/sq.m. The market value represents an increase of 64,725 JPY (+120.2%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • An decrease in average age of the building (representing 27.5 years old in 2019 and 22.5 years old in 2020; -18.2%)
  • A dramatic decrease in average distance from the station (representing 19.0 min in 2019 and 8.0 min in 2020; -57.9%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 100.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Osaki-Shi were calculated using data on the sales of 113 properties provided by the MLIT Japan.

Osaki-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
古川中里5,431,818 JPY82,767 JPY/sq.m11 件
古川台町11,000,000 JPY169,231 JPY/sq.m2 件
古川旭14,800,000 JPY218,461 JPY/sq.m5 件
古川李埣6,988,889 JPY105,848 JPY/sq.m18 件
古川稲葉4,028,571 JPY77,518 JPY/sq.m14 件
古川駅南14,500,000 JPY181,003 JPY/sq.m16 件
鳴子温泉1,792,000 JPY38,709 JPY/sq.m46 件
鳴子温泉鬼首1,950,000 JPY41,572 JPY/sq.m2 件

Osaki-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 New199,344 JPY/sq.m100 %
Residual Value (10 Years)139,792 JPY/sq.m70 %
Residual Value (20 Years)94,681 JPY/sq.m47 %
Residual Value (20 Years)64,012 JPY/sq.m32 %
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 Osaki-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 Osaki-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. Miyagi Osaki-Shi 古川稲葉 (Osaki-Shi Furukawa 29.0 min walk)
23.0 years old , Area: 45.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2014-03-01 00:00:00

Trading price:   3,000,000 JPY,    Unit price:   66,667 JPY/sq.m

2. Miyagi Osaki-Shi 古川稲葉 (Osaki-Shi Furukawa 30.0 min walk)
25.0 years old , Area: 45.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   2,800,000 JPY,    Unit price:   62,222 JPY/sq.m

3. Miyagi Osaki-Shi 古川稲葉 (Osaki-Shi Furukawa 28.0 min walk)
21.5 years old , Area: 45.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   3,200,000 JPY,    Unit price:   71,111 JPY/sq.m

4. Miyagi Osaki-Shi 古川稲葉 (Osaki-Shi Furukawa 28.0 min walk)
26.0 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: RC
- Trading date: 2013-03-01 00:00:00

Trading price:   3,500,000 JPY,    Unit price:   63,636 JPY/sq.m

5. Miyagi Osaki-Shi 鳴子温泉 (Osaki-Shi Narukoonnsenn 30.0 min walk)
26.3 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2011-06-01 00:00:00

Trading price:   3,000,000 JPY,    Unit price:   60,000 JPY/sq.m

6. Miyagi Osaki-Shi 古川稲葉 (Osaki-Shi Furukawa 29.0 min walk)
20.8 years old , Area: 45.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: RC
- Trading date: 2011-12-01 00:00:00

Trading price:   2,700,000 JPY,    Unit price:   60,000 JPY/sq.m

7. Miyagi Osaki-Shi 古川稲葉 (Osaki-Shi Furukawa 27.0 min walk)
20.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 1DK , Structure: RC
- Trading date: 2007-12-01 00:00:00

Trading price:   3,500,000 JPY,    Unit price:   63,636 JPY/sq.m

8. Miyagi Osaki-Shi 古川稲葉 (Osaki-Shi Furukawa 27.0 min walk)
20.5 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-09-01 00:00:00

Trading price:   5,800,000 JPY,    Unit price:   105,455 JPY/sq.m

9. Miyagi Osaki-Shi 古川中里 (Osaki-Shi Furukawa 25.0 min walk)
26.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

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

10. Miyagi Osaki-Shi 古川稲葉 (Osaki-Shi Furukawa 30.0 min walk)
27.5 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 4K , Structure: RC
- Trading date: 2015-09-01 00:00:00

Trading price:   2,500,000 JPY,    Unit price:   45,455 JPY/sq.m

11. Miyagi Osaki-Shi 古川稲葉 (Osaki-Shi Furukawa 30.0 min walk)
19.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2006-12-01 00:00:00

Trading price:   5,800,000 JPY,    Unit price:   105,455 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 slight decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • An decrease in average age of the building (representing 27.5 years old in 2019 and 22.5 years old in 2020; -18.2%)
  • A dramatic decrease in average distance from the station (representing 19.0 min in 2019 and 8.0 min in 2020; -57.9%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 100.0% of total transactions in 2020)
The table below shows Apartment dealt in Miyagi Osaki-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 Osaki-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
Osaki-Shi 古川中里 (11) [Area]6,000,00092,308 JPY/sq.m18.5 yrs18 min65 sq.m
Ishinomaki-Shi 水押 (13) [Area]7,000,000100,000 JPY/sq.m16.3 yrs24 min70 sq.m
Aoba-Ku 折立 (17) [Area]5,800,000103,636 JPY/sq.m18.5 yrs20 min55 sq.m
Osaki-Shi 古川稲葉 (14) [Area]3,500,00070,000 JPY/sq.m21.5 yrs29 min55 sq.m
JR JR Rikuu East Line (113) [Stations]3,950,00070,171 JPY/sq.m23.8 yrs28 min55 sq.m
JR Rikuu East Line Furukawa (65) [Stations]7,300,000112,308 JPY/sq.m15.3 yrs19 min65 sq.m
Tohoku Shinkansen Furukawa (65) [Stations]7,300,000112,308 JPY/sq.m15.3 yrs19 min65 sq.m
JR Senseki Line Tagajou (9) [Stations]7,900,000112,857 JPY/sq.m16.0 yrs19 min70 sq.m
JR Senzan line Rikuzennochiai (56) [Stations]7,800,000113,333 JPY/sq.m18.5 yrs19 min70 sq.m