Konan-Ku Apartment average value

Price 132,315 JPY/sq.m
- Age 21.8 years old
- Dist. from Sta. 13.7 min walk
- Property area 61.5 sq.m

The average price of Niigata-Shi Konan-Ku Apartment, in 2020 was 78,750 JPY/sq.m. The market value represents an increase of 417 JPY (+0.5%) compared to 1 year ago and a transition to a slight market.

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

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 100.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 3.0 min in 2019 and 15.0 min in 2020; +400.0%)
Data regarding the market value and its changes of Apartment in Konan-Ku were calculated using data on the sales of 23 properties provided by the MLIT Japan.

Konan-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
亀田四ツ興野8,095,000 JPY134,976 JPY/sq.m20 件
東船場7,066,667 JPY114,573 JPY/sq.m3 件

Konan-Ku 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 New410,365 JPY/sq.m100 %
Residual Value (10 Years)257,701 JPY/sq.m63 %
Residual Value (20 Years)150,270 JPY/sq.m37 %
Residual Value (20 Years)88,073 JPY/sq.m21 %
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 Konan-Ku 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 Konan-Ku 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. Niigata Niigata-Shi Konan-Ku 亀田四ツ興野 (Niigata-Shi Kameda 15.0 min walk)
20.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   183,333 JPY/sq.m

2. Niigata Niigata-Shi Konan-Ku 亀田四ツ興野 (Niigata-Shi Kameda 15.0 min walk)
20.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2011-03-01 00:00:00

Trading price:   2,500,000 JPY,    Unit price:   41,667 JPY/sq.m

3. Niigata Niigata-Shi Konan-Ku 亀田四ツ興野 (Niigata-Shi Kameda 16.0 min walk)
20.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   246,154 JPY/sq.m

4. Niigata Niigata-Shi Konan-Ku 亀田四ツ興野 (Niigata-Shi Kameda 15.0 min walk)
23.3 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2015-06-01 00:00:00

Trading price:   8,600,000 JPY,    Unit price:   156,364 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 slight decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 100.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 3.0 min in 2019 and 15.0 min in 2020; +400.0%)
The table below shows Apartment dealt in Niigata-Shi Konan-Ku, 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 Konan-Ku

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
Konan-Ku 亀田四ツ興野 (20) [Area]7,650,000129,167 JPY/sq.m21.3 yrs15 min60 sq.m
Nishi-Ku 有明町 (3) [Area]7,000,000154,000 JPY/sq.m20.4 yrs14 min50 sq.m
Chuo-Ku 関屋新町通 (1) [Area]6,900,000106,154 JPY/sq.m24.3 yrs13 min65 sq.m