Chuo-Ku Apartment average value

Price 20,892,374 JPY
  (540,234 JPY/sq.m)
- Age 14.4 years old
- Dist. from Sta. 4.2 min walk
- Property area 40.8 sq.m

The average price of a sq.m Apartment of Osaka-Shi Chuo-Ku, in 2017 was 551,631 JPY/sq.m. The market value represents a decrease of 9,929 JPY (-1.8%) compared to 1 year ago and a transition to a slight market. 134 properties exchanged hands ( The market value represents a decrease of 268 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 15.8 years old (a +13.3% increase compared to the 13.9 years old of last year.). The average size of the real estate was 40.1 sq.m (a +0.5% increase compared to the 39.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old, as well as 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

  • An decrease in average distance from the station (representing 4.4 min in 2016 and 3.9 min in 2017; -11.1%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 49.6% of total transactions in 2016 and 60.6% of total transactions in 2017)
  • A slight increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 21.9% of total transactions in 2016 and 22.0% of total transactions in 2017)

Causes of price decreases

  • An increase in average age of the building (representing 13.9 years old in 2016 and 15.8 years old in 2017; +13.3%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 24.2% of total transactions in 2016 and 10.4% of total transactions in 2017)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 22.8% of total transactions in 2016 and 24.6% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Chuo-Ku were calculated using data on the sales of 3,262 properties provided by the MLIT Japan.

Chuo-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price
谷町22,584,483 JPY409,886 JPY/sq.m
南船場18,760,000 JPY413,050 JPY/sq.m
島之内18,418,605 JPY590,942 JPY/sq.m
南久宝寺町16,806,742 JPY651,656 JPY/sq.m
高津18,638,462 JPY574,416 JPY/sq.m
内本町13,953,719 JPY310,867 JPY/sq.m
安堂寺町16,100,000 JPY462,518 JPY/sq.m
瓦町30,235,135 JPY573,653 JPY/sq.m
東高麗橋13,746,512 JPY465,454 JPY/sq.m
北久宝寺町12,864,000 JPY420,914 JPY/sq.m
上本町西16,738,462 JPY439,753 JPY/sq.m
上町17,744,048 JPY510,337 JPY/sq.m
瓦屋町21,235,484 JPY575,520 JPY/sq.m
本町橋17,000,000 JPY710,846 JPY/sq.m
博労町16,392,857 JPY623,860 JPY/sq.m
農人橋21,440,000 JPY549,852 JPY/sq.m
内淡路町15,521,739 JPY453,176 JPY/sq.m
釣鐘町14,823,333 JPY476,390 JPY/sq.m
石町12,974,138 JPY279,806 JPY/sq.m
糸屋町29,455,172 JPY713,446 JPY/sq.m
南本町18,367,924 JPY324,329 JPY/sq.m
玉造29,367,924 JPY424,796 JPY/sq.m
平野町15,405,882 JPY319,894 JPY/sq.m
徳井町15,074,000 JPY502,155 JPY/sq.m
久太郎町12,733,333 JPY443,928 JPY/sq.m
淡路町18,059,184 JPY338,054 JPY/sq.m
島町14,030,612 JPY491,061 JPY/sq.m
松屋町17,233,333 JPY523,274 JPY/sq.m
常盤町18,072,444 JPY633,773 JPY/sq.m
内平野町15,276,744 JPY330,261 JPY/sq.m
高麗橋67,318,182 JPY925,578 JPY/sq.m
東平22,448,780 JPY396,124 JPY/sq.m
伏見町40,700,000 JPY630,950 JPY/sq.m
松屋町住吉13,842,105 JPY572,975 JPY/sq.m
粉川町17,207,895 JPY261,474 JPY/sq.m
船越町18,705,263 JPY487,252 JPY/sq.m
大手通25,238,235 JPY472,131 JPY/sq.m
北浜20,960,000 JPY630,285 JPY/sq.m
西心斎橋15,737,500 JPY400,744 JPY/sq.m
十二軒町11,307,143 JPY278,550 JPY/sq.m
南新町15,611,111 JPY629,482 JPY/sq.m
内久宝寺町17,777,778 JPY408,549 JPY/sq.m
法円坂18,318,182 JPY266,844 JPY/sq.m
本町17,157,895 JPY733,388 JPY/sq.m
道修町54,200,000 JPY542,000 JPY/sq.m
材木町13,600,000 JPY655,000 JPY/sq.m
日本橋4,780,000 JPY255,873 JPY/sq.m
鎗屋町16,400,000 JPY406,525 JPY/sq.m
東心斎橋25,428,571 JPY577,755 JPY/sq.m
和泉町18,071,429 JPY809,286 JPY/sq.m
神崎町29,846,154 JPY389,647 JPY/sq.m
備後町31,750,000 JPY598,752 JPY/sq.m
森ノ宮中央28,200,000 JPY474,765 JPY/sq.m
中寺28,900,000 JPY444,118 JPY/sq.m
安土町13,820,000 JPY270,123 JPY/sq.m
上汐25,333,333 JPY724,318 JPY/sq.m
天満橋京町25,111,111 JPY423,848 JPY/sq.m
北浜東47,571,429 JPY820,303 JPY/sq.m
北新町11,971,429 JPY266,272 JPY/sq.m
今橋40,000,000 JPY556,106 JPY/sq.m
龍造寺町20,200,000 JPY491,333 JPY/sq.m

Apartment value Age transition

Market values (unit price: sq.m, m2) 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 New826,389 JPY/sq.m100 %
Residual Value (10 Years)576,987 JPY/sq.m70 %
Residual Value (20 Years)405,564 JPY/sq.m49 %
Residual Value (20 Years)312,120 JPY/sq.m38 %
Color:
Unit:   Touch:
Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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




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Calculate Chuo-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 Osaka-Shi Chuo-Ku Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true}}
({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

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Trading Data

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

Related sales({{similarlist.length}})

1. Osaka Osaka-Shi Chuo-Ku 南久宝寺町Osaka-Shi Sakaisujihonnmachi 4.0 min walk)
11.5 years old , Area: 25 sq.m , Layout: 1K , Structure: RC
- Trading date: 2016-09-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   560,000 JPY/sq.m
2. Osaka Osaka-Shi Chuo-Ku 南久宝寺町Osaka-Shi Sakaisujihonnmachi 4.0 min walk)
11.8 years old , Area: 25 sq.m , Layout: 1K , Structure: RC
- Trading date: 2017-12-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   520,000 JPY/sq.m
3. Osaka Osaka-Shi Chuo-Ku 南久宝寺町Osaka-Shi Sakaisujihonnmachi 4.0 min walk)
12.0 years old , Area: 25 sq.m , Layout: 1K , Structure: RC
- Trading date: 2018-03-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   560,000 JPY/sq.m
4. Osaka Osaka-Shi Chuo-Ku 龍造寺町Osaka-Shi Tanimachirokuchoume 4.0 min walk)
11.0 years old , Area: 25 sq.m , Layout: 1K , Structure: SRC
- Trading date: 2013-03-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   440,000 JPY/sq.m
5. Osaka Osaka-Shi Chuo-Ku 南久宝寺町Osaka-Shi Sakaisujihonnmachi 4.0 min walk)
12.5 years old , Area: 25 sq.m , Layout: 1K , Structure: RC
- Trading date: 2017-09-01T00:00:00Z
Trading price:   20,000,000 JPY,    Unit price:   800,000 JPY/sq.m
6. Osaka Osaka-Shi Chuo-Ku 南船場Osaka-Shi Nagahoribashi 4.0 min walk)
10.5 years old , Area: 35 sq.m , Layout: 1LDK , Structure: SRC
- Trading date: 2011-09-01T00:00:00Z
Trading price:   19,000,000 JPY,    Unit price:   542,857 JPY/sq.m
7. Osaka Osaka-Shi Chuo-Ku 本町橋Osaka-Shi Sakaisujihonnmachi 4.0 min walk)
13.0 years old , Area: 25 sq.m , Layout: 1DK , Structure: RC
- Trading date: 2014-03-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   440,000 JPY/sq.m
8. Osaka Osaka-Shi Chuo-Ku 北新町Osaka-Shi Tanimachiyonnchoume 4.0 min walk)
10.3 years old , Area: 25 sq.m , Layout: 1K , Structure: RC
- Trading date: 2008-06-01T00:00:00Z
Trading price:   8,800,000 JPY,    Unit price:   352,000 JPY/sq.m
9. Osaka Osaka-Shi Chuo-Ku 淡路町Osaka-Shi Honnmachi 4.0 min walk)
9.8 years old , Area: 25 sq.m , Layout: 1DK , Structure: RC
- Trading date: 2014-12-01T00:00:00Z
Trading price:   15,000,000 JPY,    Unit price:   600,000 JPY/sq.m
10. Osaka Osaka-Shi Chuo-Ku 谷町Osaka-Shi Tanimachiyonnchoume 4.0 min walk)
9.8 years old , Area: 30 sq.m , Layout: 1K , Structure: SRC
- Trading date: 2014-12-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   466,666 JPY/sq.m
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{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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
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Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old, as well as 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

  • An decrease in average distance from the station (representing 4.4 min in 2016 and 3.9 min in 2017; -11.1%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 49.6% of total transactions in 2016 and 60.6% of total transactions in 2017)
  • A slight increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 21.9% of total transactions in 2016 and 22.0% of total transactions in 2017)

Causes of price decreases

  • An increase in average age of the building (representing 13.9 years old in 2016 and 15.8 years old in 2017; +13.3%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 24.2% of total transactions in 2016 and 10.4% of total transactions in 2017)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 22.8% of total transactions in 2016 and 24.6% of total transactions in 2017)
The table below shows Apartment dealt in Osaka-Shi Chuo-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:

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    Area close to the price in Chuo-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
    Nishi-Ku 北堀江 (242) [Area]20,000,000540,00013.5 yrs4 min55 sq.m
    Kita-Ku 曾根崎 (16) [Area]30,000,000539,23013.8 yrs4 min52 sq.m
    Chuo-Ku 瓦屋町 (83) [Area]21,000,000533,33310.5 yrs5 min50 sq.m
    Chuo-Ku 東心斎橋 (14) [Area]23,500,000530,0009.8 yrs2 min47 sq.m
    Osaka-Shi Fukushima-Ku (1,202) [Area]20,000,000524,69512.4 yrs5 min55 sq.m
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