Nishi-Ku Apartment average value

Price 149,506 JPY/sq.m
- Age 36.3 years old
- Dist. from Sta. 20.1 min walk
- Property area 58.5 sq.m

The average price of Saitama-Shi Nishi-Ku Apartment, in 2020 was 175,643 JPY/sq.m. The market value represents an increase of 61,605 JPY (+54.0%) compared to 1 year ago and a transition to a dramatic market.

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

  • A dramatic decrease in average distance from the station (representing 22.5 min in 2019 and 15.2 min in 2020; -32.2%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 13.6% of total transactions in 2019 and 21.4% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Nishi-Ku were calculated using data on the sales of 362 properties provided by the MLIT Japan.

Nishi-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三橋16,138,095 JPY200,539 JPY/sq.m42 件
大字中釘4,600,000 JPY102,222 JPY/sq.m4 件
大字宝来13,118,182 JPY217,671 JPY/sq.m22 件
大字峰岸10,595,000 JPY152,973 JPY/sq.m20 件
大字指扇13,026,087 JPY203,108 JPY/sq.m119 件
大字指扇領別所11,574,546 JPY175,060 JPY/sq.m55 件
大字植田谷本3,803,846 JPY79,009 JPY/sq.m88 件
大字西遊馬5,334,483 JPY102,612 JPY/sq.m31 件
大字高木18,663,158 JPY119,713 JPY/sq.m19 件
宮前町13,168,750 JPY198,201 JPY/sq.m16 件

Nishi-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 New305,204 JPY/sq.m100 %
Residual Value (10 Years)277,017 JPY/sq.m91 %
Residual Value (20 Years)239,933 JPY/sq.m79 %
Residual Value (20 Years)193,953 JPY/sq.m64 %
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 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.

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 13.0 min walk)
32.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   200,000 JPY/sq.m

2. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Sashiougi 15.0 min walk)
32.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m

3. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Sashiougi 15.0 min walk)
30.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   200,000 JPY/sq.m

4. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Sashiougi 15.0 min walk)
34.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m

5. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Nishioomiya 15.0 min walk)
30.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   246,154 JPY/sq.m

6. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Sashiougi 15.0 min walk)
29.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   261,538 JPY/sq.m

7. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Sashiougi 11.0 min walk)
28.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

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

8. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Sashiougi 11.0 min walk)
28.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

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

9. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Sashiougi 11.0 min walk)
28.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m

10. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Sashiougi 11.0 min walk)
27.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-12-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   146,154 JPY/sq.m

11. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Nishioomiya 15.0 min walk)
27.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   216,667 JPY/sq.m

12. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Nishioomiya 15.0 min walk)
27.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-03-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   138,462 JPY/sq.m

13. Saitama Saitama-Shi Nishi-Ku 三橋 (Saitama-Shi Nishioomiya 13.0 min walk)
26.5 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   400,000 JPY/sq.m

14. Saitama Saitama-Shi Nishi-Ku 大字指扇領別所 (Saitama-Shi Sashiougi 14.0 min walk)
26.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 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

  • A dramatic decrease in average distance from the station (representing 22.5 min in 2019 and 15.2 min in 2020; -32.2%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 13.6% of total transactions in 2019 and 21.4% of total transactions in 2020)
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:

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
Iwatsuki-Ku 仲町 (6) [Area]9,000,000150,000 JPY/sq.m23.8 yrs14 min60 sq.m
Sakura-Ku 新開 (5) [Area]9,500,000153,846 JPY/sq.m23.5 yrs13 min65 sq.m
Nishi-Ku 大字峰岸 (20) [Area]10,500,000154,196 JPY/sq.m22.3 yrs28 min70 sq.m
Sakura-Ku 大字神田 (36) [Area]8,950,000159,166 JPY/sq.m35.5 yrs28 min60 sq.m
Minuma-Ku 大字新堤 (35) [Area]11,000,000160,000 JPY/sq.m28.3 yrs14 min65 sq.m