Nagaoka-Shi Apartment average value

Price 163,437 JPY/sq.m
- Age 25.5 years old
- Dist. from Sta. 15.3 min walk
- Property area 53.5 sq.m

The average price of Niigata Nagaoka-Shi Apartment, in 2020 was 181,398 JPY/sq.m. The market value represents an increase of 22,888 JPY (+14.4%) compared to 1 year ago and a transition to a bull market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • An decrease in average distance from the station (representing 14.3 min in 2019 and 12.1 min in 2020; -15.7%)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 76.5% of total transactions in 2019 and 72.2% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.9% of total transactions in 2019 and 5.6% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Nagaoka-Shi were calculated using data on the sales of 587 properties provided by the MLIT Japan.

Nagaoka-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
千手16,888,889 JPY223,656 JPY/sq.m9 件
千秋25,600,000 JPY331,747 JPY/sq.m15 件
中島11,612,500 JPY184,978 JPY/sq.m16 件
中沢6,200,000 JPY92,421 JPY/sq.m10 件
今朝白14,411,765 JPY213,793 JPY/sq.m17 件
南町4,957,297 JPY84,367 JPY/sq.m37 件
古正寺24,333,333 JPY291,590 JPY/sq.m3 件
台町4,842,105 JPY130,780 JPY/sq.m19 件
呉服町5,950,000 JPY142,784 JPY/sq.m8 件
地蔵25,000,000 JPY312,500 JPY/sq.m1 件
坂之上町16,750,000 JPY252,198 JPY/sq.m4 件
城内町7,225,000 JPY99,616 JPY/sq.m14 件
大島本町6,266,667 JPY128,167 JPY/sq.m6 件
大手通29,357,143 JPY373,559 JPY/sq.m28 件
学校町13,337,931 JPY218,434 JPY/sq.m58 件
宮内5,338,889 JPY103,728 JPY/sq.m18 件
寺島町22,200,000 JPY310,447 JPY/sq.m5 件
寺泊1,662,558 JPY46,229 JPY/sq.m43 件
寺泊大和田2,022,857 JPY39,262 JPY/sq.m7 件
川崎14,583,333 JPY199,233 JPY/sq.m12 件
干場17,000,000 JPY239,118 JPY/sq.m4 件
旭町18,200,000 JPY280,563 JPY/sq.m5 件
曲新町975,385 JPY65,026 JPY/sq.m13 件
本町3,550,000 JPY128,083 JPY/sq.m28 件
東坂之上町13,353,846 JPY207,482 JPY/sq.m14 件
東新町16,000,000 JPY228,571 JPY/sq.m1 件
松葉10,412,500 JPY148,750 JPY/sq.m8 件
柏町12,158,974 JPY200,824 JPY/sq.m39 件
殿町13,176,923 JPY190,059 JPY/sq.m13 件
渡里町6,050,000 JPY134,444 JPY/sq.m6 件
石動南町3,087,500 JPY93,054 JPY/sq.m8 件
福住15,000,000 JPY182,833 JPY/sq.m6 件
蓮潟1,600,000 JPY55,926 JPY/sq.m3 件
蔵王9,940,000 JPY152,222 JPY/sq.m10 件
表町13,280,909 JPY201,683 JPY/sq.m58 件
西千手12,890,000 JPY189,453 JPY/sq.m10 件
長町6,902,222 JPY97,092 JPY/sq.m38 件

Nagaoka-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 New473,526 JPY/sq.m100 %
Residual Value (10 Years)321,388 JPY/sq.m68 %
Residual Value (20 Years)206,728 JPY/sq.m44 %
Residual Value (20 Years)129,544 JPY/sq.m27 %
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 Nagaoka-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 Nagaoka-Shi Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{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. Niigata Nagaoka-Shi 今朝白 (Nagaoka-Shi Nagaoka 11.0 min walk)
28.0 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2015-03-01 00:00:00

Trading price:   3,000,000 JPY,    Unit price:   54,545 JPY/sq.m

2. Niigata Nagaoka-Shi 表町 (Nagaoka-Shi Nagaoka 11.0 min walk)
25.3 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: SRC
- Trading date: 2015-06-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   130,000 JPY/sq.m

3. Niigata Nagaoka-Shi 表町 (Nagaoka-Shi Nagaoka 10.0 min walk)
28.5 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2019-09-01 00:00:00

Trading price:   880,000 JPY,    Unit price:   17,600 JPY/sq.m

4. Niigata Nagaoka-Shi 表町 (Nagaoka-Shi Nagaoka 10.0 min walk)
28.5 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2019-09-01 00:00:00

Trading price:   8,700,000 JPY,    Unit price:   174,000 JPY/sq.m

5. Niigata Nagaoka-Shi 表町 (Nagaoka-Shi Nagaoka 10.0 min walk)
28.5 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2018-09-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   150,000 JPY/sq.m

6. Niigata Nagaoka-Shi 表町 (Nagaoka-Shi Nagaoka 11.0 min walk)
24.8 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   140,000 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 size for a general family households less than 100 sq.m.

Cause of price increases

  • An decrease in average distance from the station (representing 14.3 min in 2019 and 12.1 min in 2020; -15.7%)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 76.5% of total transactions in 2019 and 72.2% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.9% of total transactions in 2019 and 5.6% of total transactions in 2020)
The table below shows Apartment dealt in Niigata Nagaoka-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 Nagaoka-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
Joetsu-Shi 木田 (29) [Area]13,000,000162,500 JPY/sq.m15.9 yrs11 min75 sq.m
Chuo-Ku 東幸町 (60) [Area]12,000,000160,000 JPY/sq.m22.8 yrs18 min75 sq.m
Chuo-Ku 川端町 (139) [Area]11,500,000166,889 JPY/sq.m32.5 yrs21 min70 sq.m
Joetsu-Shi 石橋 (1) [Area]11,000,000169,231 JPY/sq.m16.3 yrs12 min65 sq.m
Joetsu-Shi 大町 (9) [Area]8,000,000171,429 JPY/sq.m18.3 yrs11 min55 sq.m
JR JR Shin'etsu Main Line (2,703) [Stations]10,000,000180,000 JPY/sq.m26.8 yrs18 min60 sq.m
Shinkansen (2,573) [Stations]10,500,000183,333 JPY/sq.m26.8 yrs18 min60 sq.m
Shinkansen Joetsu Shinkansen (2,573) [Stations]10,500,000183,333 JPY/sq.m26.8 yrs18 min60 sq.m
JR Shin'etsu Main Line Kameda (23) [Stations]8,000,000136,667 JPY/sq.m21.3 yrs15 min60 sq.m