Chuo-Ku Apartment average value

Price 20,791,833 JPY
  (541,437 JPY/sq.m)
- Age 14.1 years old
- Dist. from Sta. 4.3 min walk
- Property area 40.9 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 3,207 properties provided by the MLIT Japan.

Chuo-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price
谷町22,146,429 JPY400,068 JPY/sq.m
南船場19,550,820 JPY412,803 JPY/sq.m
島之内19,326,087 JPY603,474 JPY/sq.m
南久宝寺町16,742,708 JPY680,555 JPY/sq.m
高津18,191,111 JPY578,057 JPY/sq.m
内本町13,978,333 JPY311,420 JPY/sq.m
瓦町29,130,556 JPY568,138 JPY/sq.m
安堂寺町16,212,500 JPY445,499 JPY/sq.m
北久宝寺町12,164,286 JPY404,685 JPY/sq.m
東高麗橋13,160,526 JPY454,296 JPY/sq.m
上本町西17,200,000 JPY443,986 JPY/sq.m
瓦屋町20,880,645 JPY568,042 JPY/sq.m
上町17,908,537 JPY507,337 JPY/sq.m
本町橋17,031,250 JPY709,961 JPY/sq.m
博労町15,782,759 JPY597,899 JPY/sq.m
農人橋20,803,175 JPY547,239 JPY/sq.m
内淡路町15,636,364 JPY444,229 JPY/sq.m
釣鐘町14,972,881 JPY481,074 JPY/sq.m
石町12,974,138 JPY279,806 JPY/sq.m
玉造29,367,924 JPY424,796 JPY/sq.m
糸屋町29,731,034 JPY727,239 JPY/sq.m
南本町17,663,462 JPY311,336 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
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17,156,522 JPY504,720 JPY/sq.m
常盤町18,119,546 JPY633,631 JPY/sq.m
高麗橋67,260,870 JPY923,597 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
松屋町住吉13,842,105 JPY572,975 JPY/sq.m
粉川町17,207,895 JPY261,474 JPY/sq.m
伏見町40,556,757 JPY627,282 JPY/sq.m
船越町18,454,054 JPY486,662 JPY/sq.m
大手通25,487,879 JPY469,266 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
内久宝寺町17,777,778 JPY408,549 JPY/sq.m
南新町15,788,462 JPY632,539 JPY/sq.m
法円坂18,318,182 JPY266,844 JPY/sq.m
本町17,263,158 JPY743,914 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
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 New830,213 JPY/sq.m100 %
Residual Value (10 Years)566,574 JPY/sq.m68 %
Residual Value (20 Years)390,994 JPY/sq.m47 %
Residual Value (20 Years)303,473 JPY/sq.m37 %
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 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
3. 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
4. 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
5. 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
6. 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
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 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
9. 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
10. 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
11. 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
12. 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
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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
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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
    Kita-Ku 曾根崎 (16) [Area]30,000,000539,23013.5 yrs4 min52 sq.m
    Fukushima-Ku 福島 (407) [Area]21,000,000550,00012.3 yrs4 min50 sq.m
    Kita-Ku 豊崎 (203) [Area]15,500,000530,82612.9 yrs6 min25 sq.m
    Nishi-Ku 京町堀 (176) [Area]16,000,000526,66610.3 yrs6 min32 sq.m
    Nishi-Ku 北堀江 (240) [Area]20,000,000523,07614.3 yrs4 min55 sq.m
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