Warabi-Shi Apartment average value

Price 413,192 JPY/sq.m
- Age 25.5 years old
- Dist. from Sta. 9.8 min walk
- Property area 56.6 sq.m

The average price of Saitama Warabi-Shi Apartment, in 2020 was 397,549 JPY/sq.m. The market value represents a decrease of 21,509 JPY (-5.1%) compared to 1 year ago and a transition to a bear market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 57.4% of total transactions in 2019 and 42.9% of total transactions in 2020)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 8.3% of total transactions in 2019 and 10.0% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 9.9 min in 2019 and 10.9 min in 2020; +11.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 12.8% of total transactions in 2019 and 28.6% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 8.5% of total transactions in 2019 and 3.6% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Warabi-Shi were calculated using data on the sales of 660 properties provided by the MLIT Japan.

Warabi-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
中央24,901,492 JPY478,808 JPY/sq.m289 件
北町17,686,667 JPY288,385 JPY/sq.m116 件
南町20,831,579 JPY386,829 JPY/sq.m121 件
塚越24,721,622 JPY420,593 JPY/sq.m122 件
錦町24,083,333 JPY381,410 JPY/sq.m12 件

Warabi-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 New713,242 JPY/sq.m100 %
Residual Value (10 Years)564,394 JPY/sq.m79 %
Residual Value (20 Years)444,438 JPY/sq.m62 %
Residual Value (20 Years)353,376 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 Warabi-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 Warabi-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 Warabi-Shi 中央 (Warabi-Shi Warabi 9.0 min walk)
27.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-06-01 00:00:00

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

2. Saitama Warabi-Shi 南町 (Warabi-Shi Nishikawaguchi 8.0 min walk)
28.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK
- Trading date: 2018-03-01 00:00:00

Trading price:   26,000,000 JPY,    Unit price:   400,000 JPY/sq.m

3. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
27.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2012-12-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   172,727 JPY/sq.m

4. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
27.5 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   31,000,000 JPY,    Unit price:   620,000 JPY/sq.m

5. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
28.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-09-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   333,333 JPY/sq.m

6. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
28.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-09-01 00:00:00

Trading price:   23,000,000 JPY,    Unit price:   383,333 JPY/sq.m

7. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
28.5 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-09-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   309,091 JPY/sq.m

8. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
28.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   24,000,000 JPY,    Unit price:   342,857 JPY/sq.m

9. Saitama Warabi-Shi 南町 (Warabi-Shi Nishikawaguchi 10.0 min walk)
27.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-03-01 00:00:00

Trading price:   28,000,000 JPY,    Unit price:   400,000 JPY/sq.m

10. Saitama Warabi-Shi 南町 (Warabi-Shi Nishikawaguchi 10.0 min walk)
27.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-03-01 00:00:00

Trading price:   28,000,000 JPY,    Unit price:   400,000 JPY/sq.m

11. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
29.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   338,462 JPY/sq.m

12. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 10.0 min walk)
29.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-06-01 00:00:00

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

13. Saitama Warabi-Shi 南町 (Warabi-Shi Nishikawaguchi 8.0 min walk)
29.3 years old , Area: 50.0 sq.m , Total floor area: sq.m , Layout: 2LDK
- Trading date: 2019-06-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   500,000 JPY/sq.m

14. Saitama Warabi-Shi 南町 (Warabi-Shi Nishikawaguchi 10.0 min walk)
26.5 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:   30,000,000 JPY,    Unit price:   428,571 JPY/sq.m

15. Saitama Warabi-Shi 南町 (Warabi-Shi Nishikawaguchi 8.0 min walk)
29.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   153,846 JPY/sq.m

16. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 9.0 min walk)
29.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-12-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   366,667 JPY/sq.m

17. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
26.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   316,667 JPY/sq.m

18. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
26.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-06-01 00:00:00

Trading price:   24,000,000 JPY,    Unit price:   400,000 JPY/sq.m

19. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
30.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2DK
- Trading date: 2018-03-01 00:00:00

Trading price:   1,000,000 JPY,    Unit price:   16,667 JPY/sq.m

20. Saitama Warabi-Shi 中央 (Warabi-Shi Warabi 8.0 min walk)
26.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-03-01 00:00:00

Trading price:   27,000,000 JPY,    Unit price:   385,714 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 relatively new buildings under 20 years old, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 57.4% of total transactions in 2019 and 42.9% of total transactions in 2020)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 8.3% of total transactions in 2019 and 10.0% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 9.9 min in 2019 and 10.9 min in 2020; +11.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 12.8% of total transactions in 2019 and 28.6% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 8.5% of total transactions in 2019 and 3.6% of total transactions in 2020)
The table below shows Apartment dealt in Saitama Warabi-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 Warabi-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
Kawaguchi-Shi (5,624) [Area]22,000,000400,000 JPY/sq.m22.3 yrs9 min60 sq.m
Asaka-Shi (1,285) [Area]25,000,000400,000 JPY/sq.m21.0 yrs11 min65 sq.m
Saitama-Shi Minami-Ku (2,397) [Area]27,000,000428,571 JPY/sq.m22.3 yrs11 min65 sq.m
Warabi-Shi 南町 (121) [Area]23,000,000392,857 JPY/sq.m28.3 yrs11 min60 sq.m
JR JR Saikyo Line (5,699) [Stations]27,000,000415,385 JPY/sq.m21.0 yrs11 min65 sq.m
JR Keihin Tohoku Line Nishikawaguchi (1,545) [Stations]21,000,000418,334 JPY/sq.m23.0 yrs8 min50 sq.m
JR Saikyo Line Toda (243) [Stations]25,000,000400,000 JPY/sq.m23.0 yrs8 min60 sq.m
Tobu Tōjō Line Shiki (935) [Stations]25,000,000400,000 JPY/sq.m21.0 yrs10 min65 sq.m
JR Keihin Tohoku Line Minamiurawa (771) [Stations]28,000,000428,571 JPY/sq.m23.3 yrs11 min65 sq.m