Katsuragi-Shi Apartment average value

Price 127,318 JPY/sq.m
- Age 17.2 years old
- Dist. from Sta. 5.1 min walk
- Property area 69.4 sq.m

The average price of Nara Katsuragi-Shi Apartment, in 2020 was 175,000 JPY/sq.m. The market value represents an increase of 41,667 JPY (+31.2%) 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 relatively old buildings under 40 years old.

Cause of price increases

  • An decrease in average distance from the station (representing 4.0 min in 2019 and 3.5 min in 2020; -12.5%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2019 and 50.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Katsuragi-Shi were calculated using data on the sales of 53 properties provided by the MLIT Japan.

Katsuragi-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
八川4,875,000 JPY76,116 JPY/sq.m8 件
北花内10,161,538 JPY143,175 JPY/sq.m39 件
尺土5,950,000 JPY92,518 JPY/sq.m6 件

Katsuragi-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 New285,420 JPY/sq.m100 %
Residual Value (10 Years)170,545 JPY/sq.m60 %
Residual Value (20 Years)106,055 JPY/sq.m37 %
Residual Value (20 Years)91,952 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 Katsuragi-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 Katsuragi-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 Katsuragi-Shi 北花内 (Katsuragi-Shi Kinntetsushinnjou 5.0 min walk)
16.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2011-12-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   135,714 JPY/sq.m

2. Nara Katsuragi-Shi 北花内 (Katsuragi-Shi Kinntetsushinnjou 5.0 min walk)
18.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   121,429 JPY/sq.m

3. Nara Katsuragi-Shi 北花内 (Katsuragi-Shi Kinntetsugose 5.0 min walk)
16.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-06-01 00:00:00

Trading price:   7,800,000 JPY,    Unit price:   111,429 JPY/sq.m

4. Nara Katsuragi-Shi 北花内 (Katsuragi-Shi Kinntetsushinnjou 5.0 min walk)
16.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-06-01 00:00:00

Trading price:   7,200,000 JPY,    Unit price:   102,857 JPY/sq.m

5. Nara Katsuragi-Shi 北花内 (Katsuragi-Shi Kinntetsushinnjou 5.0 min walk)
16.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-03-01 00:00:00

Trading price:   7,100,000 JPY,    Unit price:   101,429 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

  • An decrease in average distance from the station (representing 4.0 min in 2019 and 3.5 min in 2020; -12.5%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2019 and 50.0% of total transactions in 2020)
The table below shows Apartment dealt in Nara Katsuragi-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 Katsuragi-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
Katsuragi-Shi 北花内 (39) [Area]9,500,000126,667 JPY/sq.m16.3 yrs5 min70 sq.m
Sakurai-Shi (163) [Area]8,000,000131,429 JPY/sq.m23.3 yrs7 min70 sq.m
Yamatotakada-Shi 北本町 (10) [Area]8,150,000120,000 JPY/sq.m22.9 yrs4 min67 sq.m
Yamatokoriyama-Shi 城南町 (3) [Area]7,800,000141,818 JPY/sq.m17.8 yrs6 min55 sq.m
Kintetsu Gose Line Kinntetsugose (2) [Stations]8,650,000119,048 JPY/sq.m17.8 yrs6 min72 sq.m
Kintetsu Gose Line Kinntetsushinnjou (21) [Stations]7,800,000107,143 JPY/sq.m20.5 yrs6 min70 sq.m
Kintetsu Kintetsu Gose Line (51) [Stations]6,700,000100,000 JPY/sq.m20.8 yrs7 min65 sq.m
Kintetsu Kintetsu Ikoma Cable Line (9) [Stations]6,300,00096,923 JPY/sq.m19.8 yrs5 min65 sq.m
Kintetsu Ikoma Cable Line Houzannji (9) [Stations]6,300,00096,923 JPY/sq.m19.8 yrs5 min65 sq.m