Settsu-Shi Apartment average value

Price 310,269 JPY/sq.m
- Age 17.3 years old
- Dist. from Sta. 8.1 min walk
- Property area 64.4 sq.m

The average price of Osaka Settsu-Shi Apartment, in 2020 was 335,450 JPY/sq.m. The market value represents an increase of 29,434 JPY (+9.6%) 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 relatively new buildings under 20 years old, as well as a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 27.3% of total transactions in 2019 and 16.7% of total transactions in 2020)
  • A some increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 31.8% of total transactions in 2019 and 33.3% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 4.5% of total transactions in 2019 and 5.6% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Settsu-Shi were calculated using data on the sales of 338 properties provided by the MLIT Japan.

Settsu-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三島22,285,714 JPY343,383 JPY/sq.m7 件
千里丘16,342,553 JPY252,868 JPY/sq.m119 件
千里丘東16,673,077 JPY249,696 JPY/sq.m26 件
南千里丘31,019,444 JPY463,000 JPY/sq.m74 件
新在家11,689,286 JPY169,151 JPY/sq.m28 件
昭和園10,933,333 JPY156,742 JPY/sq.m21 件
東一津屋19,414,286 JPY308,396 JPY/sq.m7 件
正雀17,484,615 JPY270,290 JPY/sq.m13 件
正雀本町15,144,444 JPY241,457 JPY/sq.m9 件
香露園14,400,000 JPY215,192 JPY/sq.m5 件
鳥飼中8,251,515 JPY130,338 JPY/sq.m33 件
鳥飼本町17,666,667 JPY294,483 JPY/sq.m3 件
鳥飼銘木町17,500,000 JPY194,444 JPY/sq.m2 件
鶴野14,230,769 JPY203,899 JPY/sq.m26 件

Settsu-Shi 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 New468,532 JPY/sq.m100 %
Residual Value (10 Years)362,288 JPY/sq.m77 %
Residual Value (20 Years)280,354 JPY/sq.m60 %
Residual Value (20 Years)222,728 JPY/sq.m48 %
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 Settsu-Shi 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 Settsu-Shi 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 Settsu-Shi 新在家 (Settsu-Shi Minamisettsu 7.0 min walk)
10.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   350,000 JPY/sq.m

2. Osaka Settsu-Shi 千里丘 (Settsu-Shi Sennrioka 5.0 min walk)
10.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   293,333 JPY/sq.m

3. Osaka Settsu-Shi 正雀本町 (Settsu-Shi Shoujaku 6.0 min walk)
8.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   31,000,000 JPY,    Unit price:   413,333 JPY/sq.m

4. Osaka Settsu-Shi 新在家 (Settsu-Shi Minamisettsu 7.0 min walk)
8.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   266,667 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 relatively new buildings under 20 years old, as well as a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 27.3% of total transactions in 2019 and 16.7% of total transactions in 2020)
  • A some increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 31.8% of total transactions in 2019 and 33.3% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 4.5% of total transactions in 2019 and 5.6% of total transactions in 2020)
The table below shows Apartment dealt in Osaka Settsu-Shi, 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 Settsu-Shi

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
Sumiyoshi-Ku 万代 (65) [Area]21,000,000307,692 JPY/sq.m16.8 yrs7 min65 sq.m
Miyakojima-Ku 高倉町 (37) [Area]20,000,000307,692 JPY/sq.m19.0 yrs9 min60 sq.m
Sumiyoshi-Ku 庭井 (7) [Area]23,000,000306,667 JPY/sq.m17.8 yrs6 min75 sq.m
Ibaraki-Shi 西河原 (23) [Area]24,000,000306,667 JPY/sq.m20.0 yrs8 min75 sq.m
Sumiyoshi-Ku 南住吉 (61) [Area]21,000,000314,286 JPY/sq.m15.3 yrs8 min65 sq.m
Keihan Keihan Main Line (6,131) [Stations]18,000,000314,286 JPY/sq.m19.9 yrs7 min65 sq.m
JR Katamachi Line Kounoikeshinndenn (147) [Stations]20,000,000316,667 JPY/sq.m15.3 yrs7 min65 sq.m
Osaka Tanimachi Line Komagawanakano (71) [Stations]19,000,000316,667 JPY/sq.m19.0 yrs8 min60 sq.m
Kintetsu Osaka Line Kinntetsuyao (219) [Stations]20,000,000320,000 JPY/sq.m17.9 yrs7 min60 sq.m
Keihan (6,610) [Stations]18,000,000322,829 JPY/sq.m19.8 yrs7 min65 sq.m