Iwatsuki-Ku Apartment average value

Price 163,731 JPY/sq.m
- Age 32.6 years old
- Dist. from Sta. 10.5 min walk
- Property area 61.9 sq.m

The average price of Saitama-Shi Iwatsuki-Ku Apartment, in 2020 was 177,304 JPY/sq.m. The market value represents an increase of 11,330 JPY (+6.8%) 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 locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 10.4 min in 2019 and 8.5 min in 2020; -18.9%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 11.1% of total transactions in 2019 and 31.6% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 44.4% of total transactions in 2019 and 57.9% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Iwatsuki-Ku were calculated using data on the sales of 288 properties provided by the MLIT Japan.

Iwatsuki-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
並木8,603,704 JPY125,833 JPY/sq.m108 件
仲町9,916,667 JPY167,071 JPY/sq.m6 件
加倉6,307,692 JPY96,653 JPY/sq.m15 件
大字岩槻16,666,667 JPY256,410 JPY/sq.m6 件
本町11,990,476 JPY190,111 JPY/sq.m21 件
東岩槻5,245,000 JPY113,757 JPY/sq.m58 件
西原台2,800,000 JPY50,909 JPY/sq.m1 件
西町27,924,242 JPY363,249 JPY/sq.m67 件
諏訪9,566,667 JPY154,564 JPY/sq.m6 件

Iwatsuki-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 New456,794 JPY/sq.m100 %
Residual Value (10 Years)326,208 JPY/sq.m71 %
Residual Value (20 Years)226,485 JPY/sq.m50 %
Residual Value (20 Years)157,626 JPY/sq.m35 %
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 Iwatsuki-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 Iwatsuki-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. Saitama Saitama-Shi Iwatsuki-Ku 本町 (Saitama-Shi Iwatsuki 7.0 min walk)
37.5 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   3,400,000 JPY,    Unit price:   61,818 JPY/sq.m

2. Saitama Saitama-Shi Iwatsuki-Ku 本町 (Saitama-Shi Iwatsuki 6.0 min walk)
36.3 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   200,000 JPY/sq.m

3. Saitama Saitama-Shi Iwatsuki-Ku 本町 (Saitama-Shi Iwatsuki 6.0 min walk)
37.3 years old , Area: 40.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: RC
- Trading date: 2019-06-01 00:00:00

Trading price:   8,100,000 JPY,    Unit price:   202,500 JPY/sq.m

4. Saitama Saitama-Shi Iwatsuki-Ku 東岩槻 (Saitama-Shi Higashiiwatsuki 6.0 min walk)
37.8 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 3DK , Structure: RC
- Trading date: 2008-12-01 00:00:00

Trading price:   4,300,000 JPY,    Unit price:   86,000 JPY/sq.m

5. Saitama Saitama-Shi Iwatsuki-Ku 東岩槻 (Saitama-Shi Higashiiwatsuki 6.0 min walk)
38.0 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-03-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   120,000 JPY/sq.m

6. Saitama Saitama-Shi Iwatsuki-Ku 本町 (Saitama-Shi Iwatsuki 6.0 min walk)
32.3 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: オープンフロア , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   3,800,000 JPY,    Unit price:   69,091 JPY/sq.m

7. Saitama Saitama-Shi Iwatsuki-Ku 東岩槻 (Saitama-Shi Higashiiwatsuki 6.0 min walk)
41.0 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   5,600,000 JPY,    Unit price:   112,000 JPY/sq.m

8. Saitama Saitama-Shi Iwatsuki-Ku 東岩槻 (Saitama-Shi Higashiiwatsuki 6.0 min walk)
41.0 years old , Area: 50.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   6,200,000 JPY,    Unit price:   124,000 JPY/sq.m

9. Saitama Saitama-Shi Iwatsuki-Ku 東岩槻 (Saitama-Shi Higashiiwatsuki 6.0 min walk)
41.8 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 3DK , Structure: RC
- Trading date: 2012-12-01 00:00:00

Trading price:   5,400,000 JPY,    Unit price:   108,000 JPY/sq.m

10. Saitama Saitama-Shi Iwatsuki-Ku 東岩槻 (Saitama-Shi Higashiiwatsuki 6.0 min walk)
42.3 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   5,900,000 JPY,    Unit price:   118,000 JPY/sq.m

11. Saitama Saitama-Shi Iwatsuki-Ku 東岩槻 (Saitama-Shi Higashiiwatsuki 6.0 min walk)
42.8 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-12-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   80,000 JPY/sq.m

12. Saitama Saitama-Shi Iwatsuki-Ku 東岩槻 (Saitama-Shi Higashiiwatsuki 6.0 min walk)
43.8 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 1LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   190,000 JPY/sq.m

13. Saitama Saitama-Shi Iwatsuki-Ku 加倉 (Saitama-Shi Iwatsuki 6.0 min walk)
27.0 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   127,273 JPY/sq.m

14. Saitama Saitama-Shi Iwatsuki-Ku 本町 (Saitama-Shi Iwatsuki 6.0 min walk)
26.5 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-09-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   118,182 JPY/sq.m

15. Saitama Saitama-Shi Iwatsuki-Ku 本町 (Saitama-Shi Iwatsuki 6.0 min walk)
26.0 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2008-03-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   80,000 JPY/sq.m

16. Saitama Saitama-Shi Iwatsuki-Ku 本町 (Saitama-Shi Iwatsuki 6.0 min walk)
25.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-03-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   166,667 JPY/sq.m

17. Saitama Saitama-Shi Iwatsuki-Ku 加倉 (Saitama-Shi Iwatsuki 7.0 min walk)
24.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-12-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   145,455 JPY/sq.m

18. Saitama Saitama-Shi Iwatsuki-Ku 東岩槻 (Saitama-Shi Higashiiwatsuki 6.0 min walk)
47.5 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   80,000 JPY/sq.m

19. Saitama Saitama-Shi Iwatsuki-Ku 本町 (Saitama-Shi Iwatsuki 7.0 min walk)
24.3 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2006-06-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   90,909 JPY/sq.m

20. Saitama Saitama-Shi Iwatsuki-Ku 加倉 (Saitama-Shi Iwatsuki 6.0 min walk)
23.8 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

Trading price:   7,800,000 JPY,    Unit price:   156,000 JPY/sq.m

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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 relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 10.4 min in 2019 and 8.5 min in 2020; -18.9%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 11.1% of total transactions in 2019 and 31.6% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 44.4% of total transactions in 2019 and 57.9% of total transactions in 2020)
The table below shows Apartment dealt in Saitama-Shi Iwatsuki-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 Iwatsuki-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
Minuma-Ku 大字新堤 (35) [Area]11,000,000160,000 JPY/sq.m28.3 yrs14 min65 sq.m
Nishi-Ku 大字指扇領別所 (55) [Area]11,000,000169,231 JPY/sq.m26.5 yrs14 min65 sq.m
Sakura-Ku 新開 (5) [Area]9,500,000153,846 JPY/sq.m23.5 yrs13 min65 sq.m
Iwatsuki-Ku 仲町 (6) [Area]9,000,000150,000 JPY/sq.m23.8 yrs14 min60 sq.m
Minuma-Ku 大字小深作 (26) [Area]8,800,000143,706 JPY/sq.m22.0 yrs12 min65 sq.m