Chuo-Ku Apartment average value

Price 20,608,951 JPY
  (543,076 JPY/sq.m)
- Age 13.7 years old
- Dist. from Sta. 4.4 min walk
- Property area 40.8 sq.m

The average price of a sq.m Apartment of Osaka-Shi Chuo-Ku, in 2017 was 559,344 JPY/sq.m. The market value represents an increase of 9,033 JPY (+1.6%) compared to 1 year ago and a transition to a slight market. 92 properties exchanged hands ( The market value represents a decrease of 187 (-67.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 15.2 years old (a +3.5% increase compared to the 14.7 years old of last year.). The average size of the real estate was 38.9 sq.m (a -4.4% decrease compared to the 40.6 sq.m of last year.).

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, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

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 49.3% of total transactions in 2016 and 66.7% of total transactions in 2017)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 5.0% of total transactions in 2016 and 6.5% of total transactions in 2017)

Causes of price decreases

  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 21.5% of total transactions in 2016 and 13.0% of total transactions in 2017)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 24.1% of total transactions in 2016 and 17.8% 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 3,165 properties provided by the MLIT Japan.

Chuo-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price
谷町21,108,333 JPY383,233 JPY/sq.m
南船場19,880,645 JPY414,717 JPY/sq.m
島之内19,625,000 JPY614,084 JPY/sq.m
南久宝寺町16,797,321 JPY709,830 JPY/sq.m
高津17,708,696 JPY548,027 JPY/sq.m
内本町12,333,333 JPY393,467 JPY/sq.m
瓦町33,089,189 JPY574,459 JPY/sq.m
上本町西17,646,429 JPY438,320 JPY/sq.m
東高麗橋13,413,514 JPY463,006 JPY/sq.m
安堂寺町14,600,000 JPY432,263 JPY/sq.m
北久宝寺町11,630,435 JPY392,847 JPY/sq.m
上町17,908,537 JPY507,337 JPY/sq.m
瓦屋町20,576,667 JPY572,692 JPY/sq.m
本町橋16,967,742 JPY721,098 JPY/sq.m
博労町15,445,161 JPY588,518 JPY/sq.m
内淡路町15,625,000 JPY431,528 JPY/sq.m
農人橋22,681,818 JPY652,354 JPY/sq.m
釣鐘町14,972,881 JPY481,074 JPY/sq.m
石町12,974,138 JPY279,806 JPY/sq.m
南本町16,852,941 JPY303,830 JPY/sq.m
玉造28,872,549 JPY422,814 JPY/sq.m
平野町15,405,882 JPY319,894 JPY/sq.m
徳井町15,240,909 JPY586,468 JPY/sq.m
糸屋町27,776,923 JPY728,974 JPY/sq.m
淡路町17,352,083 JPY327,041 JPY/sq.m
島町13,531,250 JPY488,097 JPY/sq.m
久太郎町12,845,000 JPY440,374 JPY/sq.m
松屋町16,650,000 JPY492,163 JPY/sq.m
常盤町18,119,546 JPY633,631 JPY/sq.m
高麗橋66,000,000 JPY911,709 JPY/sq.m
内平野町15,307,143 JPY332,996 JPY/sq.m
東平22,448,780 JPY396,124 JPY/sq.m
粉川町17,207,895 JPY261,474 JPY/sq.m
船越町18,454,054 JPY486,662 JPY/sq.m
伏見町41,433,333 JPY632,206 JPY/sq.m
松屋町住吉13,777,778 JPY571,474 JPY/sq.m
大手通25,487,879 JPY469,266 JPY/sq.m
西心斎橋15,737,500 JPY400,744 JPY/sq.m
北浜21,847,826 JPY638,353 JPY/sq.m
十二軒町11,307,143 JPY278,550 JPY/sq.m
南新町15,788,462 JPY632,539 JPY/sq.m
内久宝寺町17,961,538 JPY399,262 JPY/sq.m
法円坂17,761,905 JPY259,142 JPY/sq.m
本町17,256,410 JPY757,027 JPY/sq.m
道修町54,200,000 JPY542,000 JPY/sq.m
材木町13,576,471 JPY652,353 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
和泉町18,071,429 JPY809,286 JPY/sq.m
神崎町29,846,154 JPY389,647 JPY/sq.m
東心斎橋24,923,077 JPY572,966 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
上汐25,333,333 JPY724,318 JPY/sq.m
安土町14,611,111 JPY270,359 JPY/sq.m
天満橋京町25,250,000 JPY416,830 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 New834,585 JPY/sq.m100 %
Residual Value (10 Years)558,121 JPY/sq.m67 %
Residual Value (20 Years)378,242 JPY/sq.m45 %
Residual Value (20 Years)294,946 JPY/sq.m35 %
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 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
2. 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
3. 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
4. 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
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 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
7. 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
8. 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
9. Osaka Osaka-Shi Chuo-Ku 本町橋Osaka-Shi Sakaisujihonnmachi 4.0 min walk)
9.3 years old , Area: 25 sq.m , Layout: 1K , Structure: RC
- Trading date: 2010-06-01T00:00:00Z
Trading price:   9,000,000 JPY,    Unit price:   360,000 JPY/sq.m
10. Osaka Osaka-Shi Chuo-Ku 博労町Osaka-Shi Shinnsaibashi 4.0 min walk)
9.3 years old , Area: 25 sq.m , Layout: 1K , Structure: SRC
- Trading date: 2013-06-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   560,000 JPY/sq.m
11. Osaka Osaka-Shi Chuo-Ku 南船場Osaka-Shi Nagahoribashi 4.0 min walk)
9.3 years old , Area: 30 sq.m , Layout: 1DK , Structure: RC
- Trading date: 2015-06-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   600,000 JPY/sq.m
12. Osaka Osaka-Shi Chuo-Ku 北久宝寺町Osaka-Shi Sakaisujihonnmachi 4.0 min walk)
9.0 years old , Area: 35 sq.m , Layout: 1K , Structure: RC
- Trading date: 2017-03-01T00:00:00Z
Trading price:   21,000,000 JPY,    Unit price:   600,000 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 locations relatively near to the station less than six minutes by foot from the station, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

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 49.3% of total transactions in 2016 and 66.7% of total transactions in 2017)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 5.0% of total transactions in 2016 and 6.5% of total transactions in 2017)

Causes of price decreases

  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 21.5% of total transactions in 2016 and 13.0% of total transactions in 2017)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 24.1% of total transactions in 2016 and 17.8% 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
    Kita-Ku 曾根崎 (15) [Area]31,000,000540,00013.6 yrs4 min55 sq.m
    Fukushima-Ku 福島 (402) [Area]19,000,000550,00012.3 yrs4 min50 sq.m
    Chuo-Ku 博労町 (67) [Area]17,000,000560,0009.5 yrs6 min25 sq.m
    Kita-Ku 西天満 (270) [Area]16,000,000563,63611.5 yrs5 min25 sq.m
    Nishi-Ku 京町堀 (175) [Area]16,000,000520,00010.0 yrs6 min35 sq.m
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