Niiza-Shi Apartment average value

Price 289,394 JPY/sq.m
- Age 26.1 years old
- Dist. from Sta. 16.2 min walk
- Property area 63.4 sq.m

The average price of Saitama Niiza-Shi Apartment, in 2020 was 255,846 JPY/sq.m. The market value represents a decrease of 35,430 JPY (-12.2%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • An decrease in transactions involving older buildings over 40 years old (representing 17.8% of total transactions in 2019 and 15.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 48.9% of total transactions in 2019 and 63.2% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Niiza-Shi were calculated using data on the sales of 1,027 properties provided by the MLIT Japan.

Niiza-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
北野24,707,317 JPY371,499 JPY/sq.m41 件
大和田13,456,098 JPY212,528 JPY/sq.m41 件
新堀19,846,154 JPY327,755 JPY/sq.m82 件
新座10,350,000 JPY172,493 JPY/sq.m109 件
25,600,000 JPY356,468 JPY/sq.m40 件
東北30,092,941 JPY464,090 JPY/sq.m85 件
19,916,667 JPY318,448 JPY/sq.m24 件
栗原18,828,571 JPY321,164 JPY/sq.m118 件
片山14,180,000 JPY224,472 JPY/sq.m5 件
畑中12,808,696 JPY191,610 JPY/sq.m115 件
石神15,142,857 JPY256,209 JPY/sq.m14 件
菅沢12,333,333 JPY176,191 JPY/sq.m3 件
野寺16,805,000 JPY273,148 JPY/sq.m20 件
野火止17,129,670 JPY260,890 JPY/sq.m330 件

Niiza-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 New591,377 JPY/sq.m100 %
Residual Value (10 Years)443,882 JPY/sq.m75 %
Residual Value (20 Years)328,064 JPY/sq.m55 %
Residual Value (20 Years)243,923 JPY/sq.m41 %
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 Niiza-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 Niiza-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. Saitama Niiza-Shi 野火止 (Niiza-Shi Niiza 16.0 min walk)
24.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2007-12-01 00:00:00

Trading price:   9,200,000 JPY,    Unit price:   141,538 JPY/sq.m

2. Saitama Niiza-Shi 新座 (Niiza-Shi Yanasegawa 15.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2020-06-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   271,429 JPY/sq.m

3. Saitama Niiza-Shi 栗原 (Niiza-Shi N/A 16.0 min walk)
26.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   216,667 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 old buildings under 40 years old.

Cause of price increases

  • An decrease in transactions involving older buildings over 40 years old (representing 17.8% of total transactions in 2019 and 15.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 48.9% of total transactions in 2019 and 63.2% of total transactions in 2020)
The table below shows Apartment dealt in Saitama Niiza-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 Niiza-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
Tokorozawa-Shi 青葉台 (39) [Area]17,000,000285,714 JPY/sq.m21.3 yrs13 min60 sq.m
Kawaguchi-Shi 青木 (206) [Area]18,000,000295,454 JPY/sq.m30.5 yrs17 min60 sq.m
Saitama-Shi Sakura-Ku (913) [Area]17,000,000296,154 JPY/sq.m25.3 yrs14 min65 sq.m
Omiya-Ku 上小町 (69) [Area]18,000,000280,000 JPY/sq.m22.3 yrs18 min65 sq.m
JR Saikyo Line Minamiyono (519) [Stations]19,000,000292,820 JPY/sq.m23.8 yrs18 min65 sq.m
Tobu Isesaki Line Souka (625) [Stations]17,000,000285,714 JPY/sq.m24.6 yrs14 min65 sq.m
JR JR Kawagoe Line (3,002) [Stations]16,000,000271,008 JPY/sq.m25.0 yrs13 min65 sq.m
JR Saikyo Line Yonohonnmachi (341) [Stations]14,500,000257,143 JPY/sq.m30.8 yrs14 min62 sq.m
JR Musashino Line Niiza (317) [Stations]14,000,000236,364 JPY/sq.m25.5 yrs14 min65 sq.m