Higashi-Ku Apartment average value

Price 220,729 JPY/sq.m
- Age 27.0 years old
- Dist. from Sta. 8.0 min walk
- Property area 74.4 sq.m

The average price of Osaka Sakai-Shi Higashi-Ku Apartment, in 2020 was 225,640 JPY/sq.m. The market value represents an increase of 7,499 JPY (+3.4%) compared to 1 year ago and a transition to a some market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 8.7% of total transactions in 2019 and 4.0% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 63.0% of total transactions in 2019 and 72.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Higashi-Ku were calculated using data on the sales of 474 properties provided by the MLIT Japan.

Higashi-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
丈六15,000,000 JPY203,905 JPY/sq.m5 件
中茶屋10,028,571 JPY138,920 JPY/sq.m14 件
北野田30,664,516 JPY347,206 JPY/sq.m159 件
南野田11,728,000 JPY168,890 JPY/sq.m80 件
引野町9,470,000 JPY136,604 JPY/sq.m10 件
日置荘原寺町22,000,000 JPY314,445 JPY/sq.m3 件
日置荘田中町10,707,407 JPY158,727 JPY/sq.m27 件
日置荘西町12,730,189 JPY179,011 JPY/sq.m53 件
白鷺町13,413,947 JPY195,631 JPY/sq.m39 件
西野11,806,250 JPY158,570 JPY/sq.m16 件
野尻町10,550,000 JPY144,411 JPY/sq.m10 件
関茶屋11,250,000 JPY173,077 JPY/sq.m4 件
高松13,162,264 JPY180,451 JPY/sq.m54 件

Higashi-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 New573,339 JPY/sq.m100 %
Residual Value (10 Years)402,265 JPY/sq.m70 %
Residual Value (20 Years)270,595 JPY/sq.m47 %
Residual Value (20 Years)178,328 JPY/sq.m31 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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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




Calculate Higashi-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 Higashi-Ku Apartment that meet the above conditions were calculated in the following manner.

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({{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 Sakai-Shi Higashi-Ku 南野田 (Sakai-Shi Kitanoda 8.0 min walk)
29.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   215,385 JPY/sq.m

2. Osaka Sakai-Shi Higashi-Ku 南野田 (Sakai-Shi Kitanoda 8.0 min walk)
29.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2016-06-01 00:00:00

Trading price:   4,600,000 JPY,    Unit price:   65,714 JPY/sq.m

3. Osaka Sakai-Shi Higashi-Ku 南野田 (Sakai-Shi Kitanoda 8.0 min walk)
30.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

4. Osaka Sakai-Shi Higashi-Ku 南野田 (Sakai-Shi Kitanoda 8.0 min walk)
28.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2015-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

5. Osaka Sakai-Shi Higashi-Ku 引野町 (Sakai-Shi Hatsushiba 8.0 min walk)
30.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-09-01 00:00:00

Trading price:   8,900,000 JPY,    Unit price:   127,143 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

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 locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 8.7% of total transactions in 2019 and 4.0% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 63.0% of total transactions in 2019 and 72.0% of total transactions in 2020)
The table below shows Apartment dealt in Osaka Sakai-Shi Higashi-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 Higashi-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
Sakai-Ku 神南辺町 (65) [Area]13,000,000216,667 JPY/sq.m31.1 yrs7 min65 sq.m
Nishi-Ku 鳳中町 (8) [Area]14,500,000214,286 JPY/sq.m25.8 yrs7 min70 sq.m
Sakai-Ku 南安井町 (5) [Area]16,000,000213,333 JPY/sq.m23.0 yrs9 min75 sq.m
Sakai-Shi (5,582) [Area]16,000,000247,059 JPY/sq.m22.3 yrs8 min65 sq.m