Shiki-Shi Apartment average value

Price 322,570 JPY/sq.m
- Age 26.6 years old
- Dist. from Sta. 11.9 min walk
- Property area 67.5 sq.m

The average price of Saitama Shiki-Shi Apartment, in 2020 was 345,708 JPY/sq.m. The market value represents an increase of 12,613 JPY (+3.8%) 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 recently constructed buildings under 6 years old, as well as a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 4.5% of total transactions in 2019 and 14.3% of total transactions in 2020)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 27.3% of total transactions in 2019 and 33.3% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 59.1% of total transactions in 2019 and 66.7% of total transactions in 2020)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.3% of total transactions in 2019 and 4.8% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Shiki-Shi were calculated using data on the sales of 756 properties provided by the MLIT Japan.

Shiki-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
上宗岡11,771,930 JPY180,282 JPY/sq.m57 件
下宗岡16,125,000 JPY247,316 JPY/sq.m8 件
中宗岡13,146,667 JPY200,527 JPY/sq.m15 件
幸町29,477,922 JPY420,314 JPY/sq.m77 件
本町29,321,429 JPY479,372 JPY/sq.m115 件
柏町21,322,222 JPY312,442 JPY/sq.m188 件
18,398,667 JPY250,303 JPY/sq.m296 件

Shiki-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 New571,445 JPY/sq.m100 %
Residual Value (10 Years)451,389 JPY/sq.m79 %
Residual Value (20 Years)356,037 JPY/sq.m62 %
Residual Value (20 Years)285,388 JPY/sq.m50 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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 Shiki-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 Shiki-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 Shiki-Shi 柏町 (Shiki-Shi Yanasegawa 10.0 min walk)
32.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   307,692 JPY/sq.m

2. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 10.0 min walk)
32.3 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:   12,000,000 JPY,    Unit price:   184,615 JPY/sq.m

3. Saitama Shiki-Shi 幸町 (Shiki-Shi Shiki 10.0 min walk)
31.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-09-01 00:00:00

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

4. Saitama Shiki-Shi 館 (Shiki-Shi Shiki 9.0 min walk)
32.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-03-01 00:00:00

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

5. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 11.0 min walk)
32.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-03-01 00:00:00

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

6. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 11.0 min walk)
31.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-09-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

7. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 9.0 min walk)
32.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

8. Saitama Shiki-Shi 柏町 (Shiki-Shi Yanasegawa 10.0 min walk)
31.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-03-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   123,077 JPY/sq.m

9. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 10.0 min walk)
30.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

10. Saitama Shiki-Shi 館 (Shiki-Shi Shiki 9.0 min walk)
33.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

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

11. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 10.0 min walk)
33.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

12. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 9.0 min walk)
33.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   257,143 JPY/sq.m

13. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 10.0 min walk)
30.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-06-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

14. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 10.0 min walk)
30.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

15. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 9.0 min walk)
30.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-06-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

16. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 11.0 min walk)
33.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   171,429 JPY/sq.m

17. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 9.0 min walk)
30.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-03-01 00:00:00

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

18. Saitama Shiki-Shi 館 (Shiki-Shi Yanasegawa 9.0 min walk)
29.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-12-01 00:00:00

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

19. Saitama Shiki-Shi 幸町 (Shiki-Shi Shiki 10.0 min walk)
34.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-09-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   293,333 JPY/sq.m

20. Saitama Shiki-Shi 幸町 (Shiki-Shi Shiki 10.0 min walk)
34.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-12-01 00:00:00

Trading price:   35,000,000 JPY,    Unit price:   466,667 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 increase in transactions involving recently constructed buildings under 6 years old, as well as a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 4.5% of total transactions in 2019 and 14.3% of total transactions in 2020)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 27.3% of total transactions in 2019 and 33.3% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 59.1% of total transactions in 2019 and 66.7% of total transactions in 2020)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.3% of total transactions in 2019 and 4.8% of total transactions in 2020)
The table below shows Apartment dealt in Saitama Shiki-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 Shiki-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
Asaka-Shi 根岸台 (98) [Area]21,500,000320,780 JPY/sq.m23.1 yrs12 min65 sq.m
Fujimino-Shi (594) [Area]23,000,000327,273 JPY/sq.m21.5 yrs12 min70 sq.m
Kawagoe-Shi 泉町 (37) [Area]23,000,000314,286 JPY/sq.m26.0 yrs10 min75 sq.m
Soka-Shi 中根 (53) [Area]22,500,000332,967 JPY/sq.m22.0 yrs9 min72 sq.m
Kita-Ku 東大成町 (69) [Area]20,500,000310,989 JPY/sq.m23.1 yrs10 min62 sq.m
JR JR Musashino Line (4,973) [Stations]21,000,000323,077 JPY/sq.m23.5 yrs11 min65 sq.m
Saitama New Urban Transit Ina Line Tetsudouhakubutsukann (109) [Stations]20,000,000316,666 JPY/sq.m24.9 yrs10 min60 sq.m
JR Musashino Line Nishiurawa (251) [Stations]20,000,000314,286 JPY/sq.m26.5 yrs11 min60 sq.m
JR Musashino Line Higashikawaguchi (481) [Stations]19,000,000310,101 JPY/sq.m22.8 yrs12 min60 sq.m
Saitama Railway Line Higashikawaguchi (481) [Stations]19,000,000310,101 JPY/sq.m22.8 yrs12 min60 sq.m