Chuo-Ku Apartment average value

Price 20,818,576 JPY
  (544,521 JPY/sq.m)
- Age 14.6 years old
- Dist. from Sta. 4.3 min walk
- Property area 40.5 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 3,332 properties provided by the MLIT Japan.

Chuo-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price
谷町22,260,656 JPY409,857 JPY/sq.m
南船場18,814,546 JPY422,173 JPY/sq.m
島之内18,375,000 JPY601,662 JPY/sq.m
南久宝寺町16,803,409 JPY653,827 JPY/sq.m
高津19,012,903 JPY534,921 JPY/sq.m
内本町13,913,008 JPY310,900 JPY/sq.m
安堂寺町16,510,638 JPY471,527 JPY/sq.m
瓦町27,360,526 JPY569,550 JPY/sq.m
東高麗橋13,793,023 JPY467,780 JPY/sq.m
上本町西20,380,769 JPY453,538 JPY/sq.m
北久宝寺町12,903,704 JPY433,316 JPY/sq.m
瓦屋町20,525,806 JPY594,177 JPY/sq.m
上町17,744,048 JPY510,337 JPY/sq.m
本町橋17,256,410 JPY741,506 JPY/sq.m
博労町16,037,037 JPY633,210 JPY/sq.m
内淡路町15,557,692 JPY461,084 JPY/sq.m
農人橋22,307,463 JPY552,829 JPY/sq.m
釣鐘町15,219,672 JPY479,236 JPY/sq.m
石町12,974,138 JPY279,806 JPY/sq.m
南本町17,892,727 JPY327,899 JPY/sq.m
糸屋町30,192,593 JPY694,071 JPY/sq.m
玉造29,583,333 JPY427,053 JPY/sq.m
松屋町18,277,419 JPY570,814 JPY/sq.m
淡路町19,135,294 JPY350,581 JPY/sq.m
徳井町14,994,118 JPY500,936 JPY/sq.m
平野町15,405,882 JPY319,894 JPY/sq.m
島町14,010,000 JPY487,740 JPY/sq.m
久太郎町12,733,333 JPY443,928 JPY/sq.m
常盤町18,072,444 JPY633,773 JPY/sq.m
内平野町15,664,444 JPY334,576 JPY/sq.m
高麗橋57,100,000 JPY906,414 JPY/sq.m
東平22,295,238 JPY401,931 JPY/sq.m
伏見町40,476,923 JPY635,284 JPY/sq.m
松屋町住吉13,846,154 JPY576,232 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24,780,556 JPY477,383 JPY/sq.m
北浜22,920,833 JPY647,860 JPY/sq.m
西心斎橋15,737,500 JPY400,744 JPY/sq.m
十二軒町11,262,069 JPY286,186 JPY/sq.m
内久宝寺町17,857,143 JPY422,529 JPY/sq.m
南新町15,611,111 JPY629,482 JPY/sq.m
法円坂18,318,182 JPY266,844 JPY/sq.m
本町17,256,410 JPY741,506 JPY/sq.m
道修町54,200,000 JPY542,000 JPY/sq.m
材木町13,621,053 JPY650,000 JPY/sq.m
鎗屋町16,250,000 JPY424,867 JPY/sq.m
日本橋4,780,000 JPY255,873 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
上汐27,800,000 JPY728,810 JPY/sq.m
安土町13,820,000 JPY270,123 JPY/sq.m
天満橋京町25,111,111 JPY423,848 JPY/sq.m
北浜東47,250,000 JPY820,038 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 New824,978 JPY/sq.m100 %
Residual Value (10 Years)584,515 JPY/sq.m71 %
Residual Value (20 Years)417,529 JPY/sq.m51 %
Residual Value (20 Years)324,023 JPY/sq.m39 %
Color:
Unit:   Touch:



Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

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 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.

1. 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

2. 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

3. 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

4. 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

5. 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

6. 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

7. 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

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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- 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:



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 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 豊崎 (212) [Area]16,000,000550,00012.0 yrs6 min25 sq.m
    Kita-Ku 曾根崎 (18) [Area]31,000,000550,00014.0 yrs4 min55 sq.m
    Nishi-Ku 京町堀 (180) [Area]16,000,000538,09511.4 yrs6 min30 sq.m
    Osaka-Shi Fukushima-Ku (1,237) [Area]19,000,000537,50012.8 yrs5 min50 sq.m
    Nishi-Ku 北堀江 (248) [Area]19,500,000552,77714.5 yrs4 min50 sq.m
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