Sakurai-Shi Apartment average value

Price 154,883 JPY/sq.m
- Age 21.3 years old
- Dist. from Sta. 8.4 min walk
- Property area 68.9 sq.m

The average price of Nara Sakurai-Shi Apartment, in 2020 was 166,090 JPY/sq.m. The market value represents an increase of 8,676 JPY (+5.5%) compared to 1 year ago and a transition to a strong 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.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 9.1% of total transactions in 2019 and 25.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Sakurai-Shi were calculated using data on the sales of 163 properties provided by the MLIT Japan.

Sakurai-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
大字三輪5,210,000 JPY79,581 JPY/sq.m10 件
大字吉備5,800,000 JPY89,231 JPY/sq.m3 件
大字大福4,208,333 JPY59,619 JPY/sq.m12 件
大字川合13,250,000 JPY185,128 JPY/sq.m4 件
大字慈恩寺6,027,273 JPY87,902 JPY/sq.m22 件
大字戒重7,046,154 JPY105,731 JPY/sq.m13 件
大字桜井9,916,000 JPY141,484 JPY/sq.m50 件
大字粟殿14,340,741 JPY205,196 JPY/sq.m27 件
大字谷11,704,546 JPY172,231 JPY/sq.m22 件

Sakurai-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 New563,225 JPY/sq.m100 %
Residual Value (10 Years)296,734 JPY/sq.m53 %
Residual Value (20 Years)144,417 JPY/sq.m26 %
Residual Value (20 Years)106,272 JPY/sq.m19 %
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 Sakurai-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 Sakurai-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 Sakurai-Shi 大字慈恩寺 (Sakurai-Shi Yamatoasakura 6.0 min walk)
22.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-12-01 00:00:00

Trading price:   4,800,000 JPY,    Unit price:   68,571 JPY/sq.m

2. Nara Sakurai-Shi 大字粟殿 (Sakurai-Shi Sakurai 6.0 min walk)
22.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   92,857 JPY/sq.m

3. Nara Sakurai-Shi 大字川合 (Sakurai-Shi Sakurai 6.0 min walk)
21.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: オープンフロア , Structure: RC
- Trading date: 2019-06-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   200,000 JPY/sq.m

4. Nara Sakurai-Shi 大字川合 (Sakurai-Shi Sakurai 6.0 min walk)
20.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   200,000 JPY/sq.m

5. Nara Sakurai-Shi 大字粟殿 (Sakurai-Shi Sakurai 6.0 min walk)
18.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

Trading price:   3,900,000 JPY,    Unit price:   60,000 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.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 9.1% of total transactions in 2019 and 25.0% of total transactions in 2020)
The table below shows Apartment dealt in Nara Sakurai-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 Sakurai-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
Ikoma-Shi 東生駒 (80) [Area]12,500,000156,470 JPY/sq.m24.1 yrs8 min75 sq.m
Kashihara-Shi 地黄町 (11) [Area]11,000,000150,769 JPY/sq.m17.5 yrs9 min70 sq.m
Nara-Shi 法蓮町 (23) [Area]11,000,000150,000 JPY/sq.m24.3 yrs9 min65 sq.m
Ikoma-Shi (809) [Area]11,500,000160,000 JPY/sq.m23.8 yrs8 min70 sq.m
Kashihara-Shi 栄和町 (55) [Area]11,000,000160,000 JPY/sq.m20.9 yrs8 min65 sq.m
Kintetsu Kintetsu Ikoma Line (719) [Stations]12,000,000162,500 JPY/sq.m23.5 yrs8 min70 sq.m
Kintetsu Kintetsu Tenri Line (124) [Stations]9,800,000133,333 JPY/sq.m24.5 yrs10 min65 sq.m
JR Sakurai Line Kyoubate (41) [Stations]8,000,000130,769 JPY/sq.m24.8 yrs8 min65 sq.m
JR Sakurai Line Unebi (18) [Stations]8,350,000130,210 JPY/sq.m19.6 yrs9 min60 sq.m
Kintetsu Kintetsu Osaka Line (781) [Stations]13,000,000184,615 JPY/sq.m25.1 yrs8 min65 sq.m