Satte-Shi Apartment average value

Price 153,822 JPY/sq.m
- Age 18.0 years old
- Dist. from Sta. 10.4 min walk
- Property area 70.7 sq.m

The average price of Saitama Satte-Shi Apartment, in 2020 was 105,784 JPY/sq.m. The market value represents a decrease of 14,216 JPY (-11.8%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 11.0 min in 2019 and 9.3 min in 2020; -15.2%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 100.0% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 28.5 years old in 2019 and 33.9 years old in 2020; +18.7%)
Data regarding the market value and its changes of Apartment in Satte-Shi were calculated using data on the sales of 61 properties provided by the MLIT Japan.

Satte-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
14,940,000 JPY227,325 JPY/sq.m25 件
7,521,429 JPY132,723 JPY/sq.m14 件
大字上高野5,933,333 JPY100,944 JPY/sq.m9 件
4,746,154 JPY71,802 JPY/sq.m13 件

Satte-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 New324,181 JPY/sq.m100 %
Residual Value (10 Years)193,252 JPY/sq.m60 %
Residual Value (20 Years)114,933 JPY/sq.m35 %
Residual Value (20 Years)89,225 JPY/sq.m28 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Satte-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 Satte-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 Satte-Shi 南 (Satte-Shi Satte 12.0 min walk)
20.0 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 1LDK , Structure: SRC
- Trading date: 2011-03-01 00:00:00

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

2. Saitama Satte-Shi 南 (Satte-Shi Satte 12.0 min walk)
18.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-03-01 00:00:00

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

3. Saitama Satte-Shi 南 (Satte-Shi Satte 11.0 min walk)
21.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-09-01 00:00:00

Trading price:   6,300,000 JPY,    Unit price:   105,000 JPY/sq.m

4. Saitama Satte-Shi 東 (Satte-Shi Satte 13.0 min walk)
16.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-06-01 00:00:00

Trading price:   7,900,000 JPY,    Unit price:   121,538 JPY/sq.m

5. Saitama Satte-Shi 東 (Satte-Shi Satte 10.0 min walk)
22.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   92,308 JPY/sq.m

6. Saitama Satte-Shi 南 (Satte-Shi Satte 13.0 min walk)
15.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2006-12-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   158,333 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 decrease in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 11.0 min in 2019 and 9.3 min in 2020; -15.2%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 100.0% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 28.5 years old in 2019 and 33.9 years old in 2020; +18.7%)
The table below shows Apartment dealt in Saitama Satte-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 Satte-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
Kasukabe-Shi 梅田 (20) [Area]11,000,000153,956 JPY/sq.m20.8 yrs11 min65 sq.m
Kasukabe-Shi 下蛭田 (33) [Area]10,000,000150,000 JPY/sq.m21.0 yrs12 min65 sq.m
Higashimatsuyama-Shi 幸町 (15) [Area]12,000,000146,154 JPY/sq.m16.8 yrs9 min80 sq.m
Kasukabe-Shi 緑町 (60) [Area]8,400,000143,131 JPY/sq.m20.0 yrs11 min60 sq.m
Sugito-Machi 高野台南 (58) [Area]9,950,000141,422 JPY/sq.m20.0 yrs9 min70 sq.m
Tobu Isesaki Line Ichinowari (76) [Stations]8,950,000154,196 JPY/sq.m18.8 yrs10 min60 sq.m
Tobu Nikko Line Sugitotakanodai (102) [Stations]10,000,000139,231 JPY/sq.m19.0 yrs9 min75 sq.m
Tobu Nikko Line Satte (61) [Stations]7,800,000126,000 JPY/sq.m20.0 yrs11 min65 sq.m