Omiya-Ku Apartment average value

Price 504,677 JPY/sq.m
- Age 20.3 years old
- Dist. from Sta. 12.6 min walk
- Property area 59.1 sq.m

The average price of Saitama-Shi Omiya-Ku Apartment, in 2020 was 507,701 JPY/sq.m. The market value represents a decrease of 22,831 JPY (-4.3%) compared to 1 year ago and a transition to a some market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance, as well as a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.5 years old in 2019 and 23.7 years old in 2020; +21.3%)
  • A dramatic increase in average distance from the station (representing 11.2 min in 2019 and 13.6 min in 2020; +21.7%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 35.2% of total transactions in 2019 and 41.8% of total transactions in 2020)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 7.7% of total transactions in 2019 and 11.9% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Omiya-Ku were calculated using data on the sales of 1,283 properties provided by the MLIT Japan.

Omiya-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三橋12,080,952 JPY206,512 JPY/sq.m108 件
上小町18,048,529 JPY278,026 JPY/sq.m69 件
下町55,800,000 JPY795,108 JPY/sq.m104 件
仲町8,811,765 JPY391,765 JPY/sq.m17 件
北袋町27,323,529 JPY398,631 JPY/sq.m68 件
吉敷町30,320,690 JPY556,418 JPY/sq.m87 件
土手町21,100,000 JPY417,103 JPY/sq.m89 件
堀の内町16,677,273 JPY261,356 JPY/sq.m104 件
大原19,685,714 JPY280,475 JPY/sq.m21 件
大成町22,973,333 JPY356,736 JPY/sq.m75 件
大門町35,475,000 JPY545,252 JPY/sq.m40 件
天沼町24,452,542 JPY375,253 JPY/sq.m59 件
宮町22,900,000 JPY636,603 JPY/sq.m162 件
寿能町22,250,000 JPY309,624 JPY/sq.m14 件
東町27,228,261 JPY412,242 JPY/sq.m46 件
桜木町33,634,091 JPY552,924 JPY/sq.m146 件
櫛引町19,323,077 JPY290,759 JPY/sq.m26 件
浅間町24,466,667 JPY428,956 JPY/sq.m30 件
高鼻町29,833,333 JPY414,163 JPY/sq.m18 件

Omiya-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 New918,970 JPY/sq.m100 %
Residual Value (10 Years)674,024 JPY/sq.m73 %
Residual Value (20 Years)480,076 JPY/sq.m52 %
Residual Value (20 Years)337,124 JPY/sq.m37 %
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 Omiya-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 Omiya-Ku Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{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 Omiya-Ku 宮町 (Saitama-Shi Omiya 11.0 min walk)
17.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   32,000,000 JPY,    Unit price:   492,308 JPY/sq.m

2. Saitama Saitama-Shi Omiya-Ku 吉敷町 (Saitama-Shi Omiya 11.0 min walk)
17.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01 00:00:00

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

3. Saitama Saitama-Shi Omiya-Ku 桜木町 (Saitama-Shi Omiya 11.0 min walk)
17.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01 00:00:00

Trading price:   32,000,000 JPY,    Unit price:   492,308 JPY/sq.m

4. Saitama Saitama-Shi Omiya-Ku 宮町 (Saitama-Shi Omiya 11.0 min walk)
17.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-09-01 00:00:00

Trading price:   30,000,000 JPY,    Unit price:   500,000 JPY/sq.m

5. Saitama Saitama-Shi Omiya-Ku 桜木町 (Saitama-Shi Omiya 11.0 min walk)
16.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   27,000,000 JPY,    Unit price:   450,000 JPY/sq.m

6. Saitama Saitama-Shi Omiya-Ku 大門町 (Saitama-Shi Omiya 10.0 min walk)
17.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   41,000,000 JPY,    Unit price:   630,769 JPY/sq.m

7. Saitama Saitama-Shi Omiya-Ku 高鼻町 (Saitama-Shi Kitaoomiya 10.0 min walk)
17.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2007-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 JPY/sq.m

8. Saitama Saitama-Shi Omiya-Ku 大門町 (Saitama-Shi Omiya 10.0 min walk)
16.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   36,000,000 JPY,    Unit price:   514,286 JPY/sq.m

9. Saitama Saitama-Shi Omiya-Ku 桜木町 (Saitama-Shi Omiya 11.0 min walk)
18.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   29,000,000 JPY,    Unit price:   414,286 JPY/sq.m

10. Saitama Saitama-Shi Omiya-Ku 桜木町 (Saitama-Shi Omiya 11.0 min walk)
18.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   27,000,000 JPY,    Unit price:   385,714 JPY/sq.m

11. Saitama Saitama-Shi Omiya-Ku 桜木町 (Saitama-Shi Omiya 12.0 min walk)
18.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   27,000,000 JPY,    Unit price:   415,385 JPY/sq.m

12. Saitama Saitama-Shi Omiya-Ku 大門町 (Saitama-Shi Omiya 11.0 min walk)
15.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2010-12-01 00:00:00

Trading price:   29,000,000 JPY,    Unit price:   483,333 JPY/sq.m

13. Saitama Saitama-Shi Omiya-Ku 宮町 (Saitama-Shi Omiya 10.0 min walk)
18.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK+S , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   24,000,000 JPY,    Unit price:   400,000 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 more than twenty minutes by foot from the station, outside of walking distance, as well as a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.5 years old in 2019 and 23.7 years old in 2020; +21.3%)
  • A dramatic increase in average distance from the station (representing 11.2 min in 2019 and 13.6 min in 2020; +21.7%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 35.2% of total transactions in 2019 and 41.8% of total transactions in 2020)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 7.7% of total transactions in 2019 and 11.9% of total transactions in 2020)
The table below shows Apartment dealt in Saitama-Shi Omiya-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 Omiya-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
Minami-Ku 神明 (7) [Area]39,000,000500,000 JPY/sq.m22.3 yrs11 min70 sq.m
Minami-Ku 根岸 (146) [Area]29,000,000441,259 JPY/sq.m22.3 yrs12 min65 sq.m
Saitama-Shi Minami-Ku (2,397) [Area]27,000,000428,571 JPY/sq.m22.3 yrs11 min65 sq.m
Omiya-Ku 東町 (46) [Area]31,500,000407,692 JPY/sq.m20.5 yrs12 min65 sq.m