Ikoma-Shi Apartment average value

Price 204,146 JPY/sq.m
- Age 23.6 years old
- Dist. from Sta. 9.2 min walk
- Property area 70.7 sq.m

The average price of Nara Ikoma-Shi Apartment, in 2020 was 233,665 JPY/sq.m. The market value represents an increase of 54,306 JPY (+30.3%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station, as well as a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • An decrease in average age of the building (representing 26.2 years old in 2019 and 22.3 years old in 2020; -14.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 22.5% of total transactions in 2019 and 37.1% of total transactions in 2020)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 18.4% of total transactions in 2019 and 5.7% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 57.9% of total transactions in 2019 and 65.7% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 10.0% of total transactions in 2019 and 5.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Ikoma-Shi were calculated using data on the sales of 809 properties provided by the MLIT Japan.

Ikoma-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
壱分町8,695,833 JPY125,048 JPY/sq.m48 件
中菜畑10,842,857 JPY153,057 JPY/sq.m14 件
仲之町10,816,667 JPY123,913 JPY/sq.m6 件
俵口町8,318,966 JPY116,533 JPY/sq.m121 件
元町12,764,706 JPY175,178 JPY/sq.m17 件
北新町38,338,983 JPY550,642 JPY/sq.m59 件
南田原町4,140,000 JPY72,030 JPY/sq.m5 件
小明町12,716,667 JPY187,949 JPY/sq.m6 件
小瀬町6,800,000 JPY88,418 JPY/sq.m7 件
山崎新町25,703,333 JPY406,456 JPY/sq.m66 件
山崎町13,725,000 JPY192,509 JPY/sq.m32 件
有里町3,303,704 JPY64,997 JPY/sq.m27 件
東山町12,142,857 JPY186,813 JPY/sq.m7 件
東新町13,842,105 JPY226,599 JPY/sq.m19 件
東旭ケ丘15,125,000 JPY229,157 JPY/sq.m28 件
東松ケ丘20,000,000 JPY284,982 JPY/sq.m4 件
東生駒14,213,750 JPY184,269 JPY/sq.m80 件
東生駒月見町5,397,059 JPY67,686 JPY/sq.m34 件
東菜畑15,550,000 JPY205,968 JPY/sq.m26 件
白庭台30,888,889 JPY393,463 JPY/sq.m36 件
真弓7,100,000 JPY153,778 JPY/sq.m5 件
緑ケ丘17,000,000 JPY183,664 JPY/sq.m8 件
萩の台10,922,449 JPY138,131 JPY/sq.m49 件
萩原町11,000,000 JPY173,810 JPY/sq.m3 件
西旭ケ丘7,442,857 JPY118,585 JPY/sq.m7 件
西松ケ丘13,808,333 JPY199,593 JPY/sq.m12 件
西菜畑町7,600,000 JPY122,180 JPY/sq.m2 件
谷田町14,055,556 JPY184,812 JPY/sq.m10 件
辻町15,487,500 JPY203,819 JPY/sq.m88 件
門前町6,347,059 JPY92,458 JPY/sq.m17 件

Ikoma-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 New538,583 JPY/sq.m100 %
Residual Value (10 Years)357,720 JPY/sq.m66 %
Residual Value (20 Years)224,588 JPY/sq.m42 %
Residual Value (20 Years)139,185 JPY/sq.m26 %
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 Ikoma-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 Ikoma-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. Nara Ikoma-Shi 谷田町 (Ikoma-Shi Ikoma 8.0 min walk)
23.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-12-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   133,333 JPY/sq.m

2. Nara Ikoma-Shi 東旭ケ丘 (Ikoma-Shi Nabata 8.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

3. Nara Ikoma-Shi 谷田町 (Ikoma-Shi Ikoma 8.0 min walk)
24.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-06-01 00:00:00

Trading price:   6,100,000 JPY,    Unit price:   81,333 JPY/sq.m

4. Nara Ikoma-Shi 山崎町 (Ikoma-Shi Nabata 8.0 min walk)
23.0 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:   11,000,000 JPY,    Unit price:   169,231 JPY/sq.m

5. Nara Ikoma-Shi 小瀬町 (Ikoma-Shi Minamiikoma 8.0 min walk)
24.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2014-09-01 00:00:00

Trading price:   5,800,000 JPY,    Unit price:   77,333 JPY/sq.m

6. Nara Ikoma-Shi 山崎町 (Ikoma-Shi Higashiikoma 8.0 min walk)
24.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   184,615 JPY/sq.m

7. Nara Ikoma-Shi 山崎町 (Ikoma-Shi Higashiikoma 8.0 min walk)
22.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 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 locations relatively near to the station less than six minutes by foot from the station, as well as a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • An decrease in average age of the building (representing 26.2 years old in 2019 and 22.3 years old in 2020; -14.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 22.5% of total transactions in 2019 and 37.1% of total transactions in 2020)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 18.4% of total transactions in 2019 and 5.7% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 57.9% of total transactions in 2019 and 65.7% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 10.0% of total transactions in 2019 and 5.7% of total transactions in 2020)
The table below shows Apartment dealt in Nara Ikoma-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 Ikoma-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
Nara-Shi (2,362) [Area]13,500,000200,000 JPY/sq.m22.5 yrs9 min70 sq.m
Kitakatsuragi-Gun (222) [Area]15,000,000200,000 JPY/sq.m19.9 yrs9 min70 sq.m
Ikoma-Shi 辻町 (88) [Area]16,000,000200,000 JPY/sq.m19.3 yrs8 min75 sq.m
Nara-Shi 鶴舞西町 (76) [Area]17,000,000211,765 JPY/sq.m28.0 yrs11 min70 sq.m
Nara-Shi 朱雀 (6) [Area]14,000,000194,118 JPY/sq.m26.9 yrs10 min70 sq.m
Kintetsu Kintetsu Nara Line (2,208) [Stations]14,000,000200,000 JPY/sq.m23.3 yrs9 min70 sq.m
Kintetsu Nara Line Higashiikoma (181) [Stations]16,500,000212,916 JPY/sq.m22.9 yrs8 min72 sq.m
JR Yamatoji Line Kooriyama (97) [Stations]16,000,000214,286 JPY/sq.m20.8 yrs9 min75 sq.m
Kintetsu (4,317) [Stations]13,000,000186,667 JPY/sq.m23.3 yrs8 min70 sq.m
Kintetsu Nara Line Tomio (468) [Stations]14,000,000186,667 JPY/sq.m22.1 yrs11 min70 sq.m