Chuo-Ku Apartment average value

Price 20,284,662 JPY
  (539,101 JPY/sq.m)
- Age 13.6 years old
- Dist. from Sta. 4.3 min walk
- Property area 40.6 sq.m

The average price of a sq.m Apartment of Osaka-Shi Chuo-Ku, in 2017 was 574,139 JPY/sq.m. The market value represents an increase of 23,828 JPY (+4.3%) compared to 1 year ago and a transition to a some market. 64 properties exchanged hands ( The market value represents a decrease of 215 (-77.1%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 13.6 years old (a -7.0% decrease compared to the 14.7 years old of last year.). The average size of the real estate was 35.5 sq.m (a -12.5% 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 an increase in transactions involving small size for a single person households less than 30 sq.m.

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 71.9% of total transactions in 2017)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 24.7% of total transactions in 2016 and 20.3% of total transactions in 2017)

Causes of price decreases

  • 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 12.5% of total transactions in 2017)
  • An decrease in transactions involving nearly new buildings under 3 years old (representing 21.5% of total transactions in 2016 and 18.8% 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 3,137 properties provided by the MLIT Japan.

Chuo-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price
谷町20,470,769 JPY369,354 JPY/sq.m
南船場18,680,882 JPY395,354 JPY/sq.m
島之内19,508,772 JPY605,592 JPY/sq.m
南久宝寺町16,699,107 JPY706,705 JPY/sq.m
高津17,908,333 JPY540,371 JPY/sq.m
内本町12,916,000 JPY372,466 JPY/sq.m
瓦町34,730,556 JPY575,486 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11,860,000 JPY386,752 JPY/sq.m
上本町西17,613,333 JPY429,516 JPY/sq.m
上町21,042,857 JPY525,577 JPY/sq.m
瓦屋町20,571,875 JPY574,999 JPY/sq.m
本町橋16,734,375 JPY703,512 JPY/sq.m
博労町14,790,625 JPY577,315 JPY/sq.m
内淡路町15,833,333 JPY446,112 JPY/sq.m
農人橋20,866,667 JPY690,102 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14,342,857 JPY280,510 JPY/sq.m
玉造28,872,549 JPY422,814 JPY/sq.m
徳井町14,900,000 JPY590,141 JPY/sq.m
平野町15,074,000 JPY320,196 JPY/sq.m
糸屋町28,757,143 JPY717,975 JPY/sq.m
淡路町24,819,048 JPY433,289 JPY/sq.m
島町13,531,250 JPY488,097 JPY/sq.m
久太郎町11,543,478 JPY384,314 JPY/sq.m
松屋町16,465,385 JPY490,842 JPY/sq.m
常盤町17,285,116 JPY638,707 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
高麗橋69,954,546 JPY917,231 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
西心斎橋15,737,500 JPY400,744 JPY/sq.m
大手通25,196,774 JPY467,284 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15,980,000 JPY635,841 JPY/sq.m
内久宝寺町18,341,667 JPY392,433 JPY/sq.m
法円坂17,761,905 JPY259,142 JPY/sq.m
本町17,240,385 JPY766,776 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
天満橋京町25,250,000 JPY416,830 JPY/sq.m
安土町14,062,500 JPY260,972 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
龍造寺町20,200,000 JPY491,333 JPY/sq.m
今橋40,750,000 JPY586,308 JPY/sq.m
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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.)
{{(expShow==true) ? 'Close' : 'Show all'}}
AgeTrading PriceProportion
Price at New833,544 JPY/sq.m100 %
Residual Value (10 Years)551,383 JPY/sq.m66 %
Residual Value (20 Years)369,843 JPY/sq.m44 %
Residual Value (20 Years)288,925 JPY/sq.m35 %
Color:

Unit:
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 in Chuo-Ku

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

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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:

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 an increase in transactions involving small size for a single person households less than 30 sq.m.

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 71.9% of total transactions in 2017)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 24.7% of total transactions in 2016 and 20.3% of total transactions in 2017)

Causes of price decreases

  • 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 12.5% of total transactions in 2017)
  • An decrease in transactions involving nearly new buildings under 3 years old (representing 21.5% of total transactions in 2016 and 18.8% 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
Chuo-Ku 瓦屋町 (81) [Area]19,500,000499,99912.1 yrs5 min47 sq.m
Higashinari-Ku 東小橋 (49) [Area]19,000,000583,33315.3 yrs4 min40 sq.m
Chuo-Ku 上本町西 (86) [Area]14,000,000440,00011.9 yrs4 min32 sq.m
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