Nishi-Ku Apartment average value

Price 12,044,776 JPY
  (160,086 JPY/sq.m)
- Age 29.5 years old
- Dist. from Sta. 17.5 min walk
- Property area 74.6 sq.m

The average price of a sq.m Apartment of Saitama-Shi Nishi-Ku, in 2018 was 160,159 JPY/sq.m. The market value represents an increase of 8,565 JPY (+5.6%) compared to 1 year ago and a transition to a strong market. 13 properties exchanged hands ( The market value represents an increase of 6 (+85.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 34.5 years old (a -1.4% decrease compared to the 34.9 years old of last year.). The average size of the real estate was 59.2 sq.m (a +12.1% increase compared to the 52.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • An decrease in average distance from the station (representing 22.4 min in 2017 and 19.1 min in 2018; -14.9%)
  • An decrease in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2017 and 41.7% of total transactions in 2018)
Data regarding the market value and its changes of Apartment in Nishi-Ku were calculated using data on the sales of 279 properties provided by the MLIT Japan.

Nishi-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price
大字植田谷本4,480,328 JPY92,132 JPY/sq.m
大字指扇12,391,667 JPY197,784 JPY/sq.m
大字指扇領別所11,123,404 JPY167,813 JPY/sq.m
三橋15,675,758 JPY191,645 JPY/sq.m
大字西遊馬9,176,190 JPY177,027 JPY/sq.m
大字宝来12,033,333 JPY204,350 JPY/sq.m
大字峰岸10,347,059 JPY153,446 JPY/sq.m
大字高木22,473,333 JPY130,424 JPY/sq.m
宮前町12,725,000 JPY193,022 JPY/sq.m

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.)
AgeTrading PriceProportion
Price at New354,852 JPY/sq.m100 %
Residual Value (10 Years)276,330 JPY/sq.m78 %
Residual Value (20 Years)208,674 JPY/sq.m59 %
Residual Value (20 Years)151,882 JPY/sq.m43 %
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




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Calculate Nishi-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 Nishi-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.

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Trading Data

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

1. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所Saitama-Shi Sashiougi 14.0 min walk)
26.3 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01T00:00:00Z

Trading price:   11,000,000 JPY,    Unit price:   169,230 JPY/sq.m

2. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所Saitama-Shi Nishioomiya 15.0 min walk)
27.0 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-03-01T00:00:00Z

Trading price:   9,000,000 JPY,    Unit price:   138,461 JPY/sq.m

3. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所Saitama-Shi Nishioomiya 15.0 min walk)
27.3 years old , Area: 60 sq.m , Structure: RC
- Trading date: 2013-06-01T00:00:00Z

Trading price:   13,000,000 JPY,    Unit price:   216,666 JPY/sq.m

4. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所Saitama-Shi Nishioomiya 15.0 min walk)
25.8 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-12-01T00:00:00Z

Trading price:   11,000,000 JPY,    Unit price:   169,230 JPY/sq.m

5. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所Saitama-Shi Nishioomiya 15.0 min walk)
25.8 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-12-01T00:00:00Z

Trading price:   8,300,000 JPY,    Unit price:   127,692 JPY/sq.m

6. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所Saitama-Shi Sashiougi 14.0 min walk)
25.0 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-03-01T00:00:00Z

Trading price:   9,300,000 JPY,    Unit price:   143,076 JPY/sq.m

7. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所Saitama-Shi Nishioomiya 15.0 min walk)
25.0 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-03-01T00:00:00Z

Trading price:   12,000,000 JPY,    Unit price:   184,615 JPY/sq.m

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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:   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 size for a general family households less than 100 sq.m.

Cause of price increases

  • An decrease in average distance from the station (representing 22.4 min in 2017 and 19.1 min in 2018; -14.9%)
  • An decrease in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2017 and 41.7% of total transactions in 2018)
The table below shows Apartment dealt in Saitama-Shi Nishi-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 Nishi-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 (29) [Area]11,000,000153,84627.3 yrs14 min65 sq.m
    Nishi-Ku 大字指扇領別所 (47) [Area]11,000,000169,23025.8 yrs14 min65 sq.m
    Midori-Ku 太田窪 (11) [Area]10,000,000188,88826.3 yrs19 min60 sq.m
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