Chuo-Ku Apartment average value

Price 610,097 JPY/sq.m
- Age 15.8 years old
- Dist. from Sta. 4.0 min walk
- Property area 42.8 sq.m

The average price of Osaka-Shi Chuo-Ku Apartment, in 2020 was 645,442 JPY/sq.m. The market value represents an increase of 35,819 JPY (+5.9%) compared to 1 year ago and a transition to a strong market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving new buildings under 10 years old, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • An decrease in transactions involving relatively old buildings under 40 years old (representing 21.0% of total transactions in 2019 and 17.6% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.9% of total transactions in 2019 and 5.0% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 10.9% of total transactions in 2019 and 6.6% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Chuo-Ku were calculated using data on the sales of 5,107 properties provided by the MLIT Japan.

Chuo-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
十二軒町14,091,892 JPY312,171 JPY/sq.m37 件
上本町西22,698,039 JPY569,414 JPY/sq.m143 件
上汐27,842,105 JPY714,511 JPY/sq.m19 件
上町19,352,000 JPY581,226 JPY/sq.m112 件
中寺29,071,429 JPY451,915 JPY/sq.m14 件
久太郎町19,407,692 JPY571,544 JPY/sq.m77 件
今橋47,916,667 JPY699,364 JPY/sq.m12 件
伏見町43,174,546 JPY678,863 JPY/sq.m55 件
備後町38,304,348 JPY719,732 JPY/sq.m46 件
内久宝寺町24,982,143 JPY638,399 JPY/sq.m56 件
内平野町16,991,936 JPY385,802 JPY/sq.m62 件
内本町14,358,333 JPY303,987 JPY/sq.m164 件
内淡路町16,125,000 JPY602,897 JPY/sq.m94 件
北久宝寺町21,700,000 JPY689,695 JPY/sq.m139 件
北新町15,128,571 JPY332,303 JPY/sq.m14 件
北浜38,933,333 JPY841,934 JPY/sq.m72 件
北浜東47,400,000 JPY822,453 JPY/sq.m20 件
南久宝寺町21,482,540 JPY655,395 JPY/sq.m249 件
南新町16,438,636 JPY629,499 JPY/sq.m44 件
南本町45,695,238 JPY753,285 JPY/sq.m79 件
南船場22,476,404 JPY559,746 JPY/sq.m315 件
博労町15,234,444 JPY550,641 JPY/sq.m90 件
和泉町19,370,370 JPY857,090 JPY/sq.m27 件
大手前30,666,667 JPY421,645 JPY/sq.m3 件
大手通26,200,000 JPY674,512 JPY/sq.m58 件
天満橋京町27,785,714 JPY450,103 JPY/sq.m14 件
安土町13,458,333 JPY281,898 JPY/sq.m12 件
安堂寺町22,935,938 JPY588,907 JPY/sq.m159 件
島之内18,705,357 JPY648,000 JPY/sq.m237 件
島町14,391,667 JPY486,967 JPY/sq.m60 件
常盤町20,361,111 JPY630,032 JPY/sq.m108 件
平野町16,958,333 JPY499,286 JPY/sq.m79 件
徳井町15,286,111 JPY541,674 JPY/sq.m72 件
日本橋4,868,750 JPY259,256 JPY/sq.m16 件
本町17,181,818 JPY701,427 JPY/sq.m157 件
本町橋17,096,774 JPY692,809 JPY/sq.m133 件
材木町14,033,333 JPY658,889 JPY/sq.m24 件
東平27,360,000 JPY562,010 JPY/sq.m68 件
東心斎橋36,066,667 JPY686,870 JPY/sq.m30 件
東高麗橋16,946,154 JPY615,760 JPY/sq.m157 件
松屋町23,187,500 JPY650,088 JPY/sq.m154 件
松屋町住吉15,473,684 JPY575,359 JPY/sq.m57 件
森ノ宮中央26,064,516 JPY602,614 JPY/sq.m31 件
法円坂20,000,000 JPY289,276 JPY/sq.m28 件
淡路町43,073,333 JPY603,499 JPY/sq.m83 件
玉造38,576,923 JPY536,939 JPY/sq.m83 件
瓦屋町23,285,294 JPY582,629 JPY/sq.m126 件
瓦町31,942,857 JPY641,020 JPY/sq.m135 件
石町14,160,000 JPY310,766 JPY/sq.m80 件
神崎町29,882,353 JPY414,167 JPY/sq.m17 件
粉川町19,648,333 JPY303,992 JPY/sq.m60 件
糸屋町34,437,500 JPY683,576 JPY/sq.m101 件
船越町26,142,857 JPY674,174 JPY/sq.m61 件
西心斎橋19,288,889 JPY463,642 JPY/sq.m45 件
谷町25,549,606 JPY524,746 JPY/sq.m397 件
農人橋25,475,000 JPY529,251 JPY/sq.m113 件
道修町54,428,571 JPY544,286 JPY/sq.m21 件
釣鐘町21,725,641 JPY587,629 JPY/sq.m101 件
鎗屋町17,300,000 JPY448,894 JPY/sq.m20 件
高津23,644,000 JPY560,740 JPY/sq.m179 件
高麗橋54,102,941 JPY927,910 JPY/sq.m80 件
龍造寺町22,611,111 JPY531,982 JPY/sq.m18 件

Chuo-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 New904,342 JPY/sq.m100 %
Residual Value (10 Years)690,657 JPY/sq.m76 %
Residual Value (20 Years)523,334 JPY/sq.m58 %
Residual Value (20 Years)402,376 JPY/sq.m44 %
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
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 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:unitType}}
({{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. Osaka Osaka-Shi Chuo-Ku 谷町 (Osaka-Shi Tanimachiyonnchoume 4.0 min walk)
14.3 years old , Area: 35.0 sq.m , Total floor area: sq.m , Layout: 1DK , Structure: SRC
- Trading date: 2019-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   514,286 JPY/sq.m

2. Osaka Osaka-Shi Chuo-Ku 谷町 (Osaka-Shi Tanimachiyonnchoume 4.0 min walk)
14.3 years old , Area: 35.0 sq.m , Total floor area: sq.m , Layout: 1K , Structure: SRC
- Trading date: 2019-06-01 00:00:00

Trading price:   28,000,000 JPY,    Unit price:   800,000 JPY/sq.m

3. Osaka Osaka-Shi Chuo-Ku 谷町 (Osaka-Shi Tanimachiyonnchoume 4.0 min walk)
14.5 years old , Area: 35.0 sq.m , Total floor area: sq.m , Layout: 1K+S , Structure: SRC
- Trading date: 2019-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   457,143 JPY/sq.m

4. Osaka Osaka-Shi Chuo-Ku 南船場 (Osaka-Shi Nagahoribashi 4.0 min walk)
14.5 years old , Area: 35.0 sq.m , Total floor area: sq.m , Layout: 1LDK , Structure: SRC
- Trading date: 2015-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   542,857 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

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 new buildings under 10 years old, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • An decrease in transactions involving relatively old buildings under 40 years old (representing 21.0% of total transactions in 2019 and 17.6% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.9% of total transactions in 2019 and 5.0% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 10.9% of total transactions in 2019 and 6.6% of total transactions in 2020)
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:

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 堂島 (50) [Area]20,000,000620,000 JPY/sq.m14.4 yrs4 min40 sq.m
Fukushima-Ku 海老江 (274) [Area]16,500,000600,000 JPY/sq.m16.9 yrs4 min32 sq.m
Nishi-Ku 新町 (405) [Area]34,500,000600,000 JPY/sq.m14.8 yrs3 min60 sq.m
Osaka-Shi Kita-Ku (4,863) [Area]23,000,000622,876 JPY/sq.m14.8 yrs5 min50 sq.m