Kashiba-Shi Apartment average value

Price 242,238 JPY/sq.m
- Age 15.1 years old
- Dist. from Sta. 4.9 min walk
- Property area 71.1 sq.m

The average price of Nara Kashiba-Shi Apartment, in 2020 was 248,889 JPY/sq.m. The market value represents a decrease of 1,931 JPY (-0.8%) compared to 1 year ago and a transition to a slight market.

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

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 4.5 min in 2019 and 3.0 min in 2020; -33.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 33.3% of total transactions in 2019 and 66.7% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 9.1% of total transactions in 2019 and 33.3% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kashiba-Shi were calculated using data on the sales of 157 properties provided by the MLIT Japan.

Kashiba-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
五位堂20,184,210 JPY245,981 JPY/sq.m38 件
上中8,520,000 JPY139,872 JPY/sq.m5 件
下田西14,395,454 JPY186,783 JPY/sq.m22 件
瓦口21,750,000 JPY340,431 JPY/sq.m8 件
真美ケ丘14,470,588 JPY167,139 JPY/sq.m17 件
磯壁18,954,546 JPY290,468 JPY/sq.m22 件
穴虫16,756,410 JPY263,080 JPY/sq.m39 件
西真美16,333,333 JPY216,031 JPY/sq.m6 件

Kashiba-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 New458,175 JPY/sq.m100 %
Residual Value (10 Years)300,034 JPY/sq.m65 %
Residual Value (20 Years)192,425 JPY/sq.m42 %
Residual Value (20 Years)135,347 JPY/sq.m30 %
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 Kashiba-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 Kashiba-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 Kashiba-Shi 五位堂 (Kashiba-Shi Goidou 3.0 min walk)
15.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   240,000 JPY/sq.m

2. Nara Kashiba-Shi 下田西 (Kashiba-Shi Kinntetsushimoda 3.0 min walk)
15.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   200,000 JPY/sq.m

3. Nara Kashiba-Shi 五位堂 (Kashiba-Shi Goidou 3.0 min walk)
16.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   257,143 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 old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 4.5 min in 2019 and 3.0 min in 2020; -33.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 33.3% of total transactions in 2019 and 66.7% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 9.1% of total transactions in 2019 and 33.3% of total transactions in 2020)
The table below shows Apartment dealt in Nara Kashiba-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 Kashiba-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 富雄元町 (58) [Area]16,000,000235,384 JPY/sq.m15.5 yrs4 min70 sq.m
Ikaruga-Cho 阿波 (2) [Area]18,000,000225,000 JPY/sq.m14.1 yrs4 min80 sq.m
Yamatokoriyama-Shi 朝日町 (43) [Area]16,000,000216,667 JPY/sq.m15.3 yrs4 min70 sq.m
Kintetsu Kashihara Line Kinntetsukooriyama (100) [Stations]15,500,000227,084 JPY/sq.m15.9 yrs4 min75 sq.m
JR Yamatoji Line Narayama (29) [Stations]16,000,000214,286 JPY/sq.m10.6 yrs3 min75 sq.m
JR Nara Line Narayama (29) [Stations]16,000,000214,286 JPY/sq.m10.6 yrs3 min75 sq.m
Kintetsu Kashihara Line Yaginishiguchi (6) [Stations]18,000,000213,492 JPY/sq.m12.5 yrs3 min70 sq.m
JR JR Yamatoji Line (639) [Stations]13,000,000200,000 JPY/sq.m18.3 yrs6 min70 sq.m