Hankai Tramway Apartment average value

Price 20,771,519 JPY
  (369,310 JPY/sq.m)
- Age 19.3 years old
- Dist. from Sta. 4.2 min walk
- Property area 58.4 sq.m

The average price of a sq.m Apartment of Osaka Hankai Tramway, in 2017 was 352,745 JPY/sq.m. The market value represents a decrease of 30,196 JPY (-7.9%) compared to 1 year ago and a transition to a bear market. 9 properties exchanged hands ( The market value represents a decrease of 24 (-72.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.3 years old (a +4.3% increase compared to the 20.4 years old of last year.). The average size of the real estate was 52.2 sq.m (a -18.9% decrease compared to the 64.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving small size for a single person households less than 30 sq.m.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 22.6% of total transactions in 2016 and 33.3% of total transactions in 2017)

Causes of price decreases

  • An increase in average distance from the station (representing 4.4 min in 2016 and 5.0 min in 2017; +14.8%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 3.2% of total transactions in 2016 and 14.3% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Hankai Tramway were calculated using data on the sales of 707 properties provided by the MLIT Japan.

Hankai Tramway Apartment market value list

StationsAverage Trading PriceAverage Unit Price
Hankai Tramway Uemachi Line24,514,151 JPY354,363 JPY/sq.m
Hankai Tramway Line13,142,308 JPY399,778 JPY/sq.m
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Apartment value Age transition

Market values (unit price: sq.m, m2) 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.)
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AgeTrading PriceProportion
Price at New674,307 JPY/sq.m100 %
Residual Value (10 Years)460,137 JPY/sq.m68 %
Residual Value (20 Years)322,831 JPY/sq.m48 %
Residual Value (20 Years)262,389 JPY/sq.m39 %
Color:

Unit:
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




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Calculate Hankai Tramway 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 Osaka Hankai Tramway Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true}}
({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

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Trading data in Hankai Tramway

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

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{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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

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Apartment market value trends

Market value trends for Apartment are as follows.

Data:

Unit:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving small size for a single person households less than 30 sq.m.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 22.6% of total transactions in 2016 and 33.3% of total transactions in 2017)

Causes of price decreases

  • An increase in average distance from the station (representing 4.4 min in 2016 and 5.0 min in 2017; +14.8%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 3.2% of total transactions in 2016 and 14.3% of total transactions in 2017)
The table below shows Apartment dealt in Osaka Hankai Tramway, 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:

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Area close to the price in Hankai Tramway

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
Osaka Sennichimae Line Tanimachikyuuchoume (286) [Stations]19,000,000369,23015.6 yrs4 min50 sq.m
Osaka Municipal Transportation (22,698) [Stations]17,000,000369,23016.0 yrs5 min55 sq.m
Osaka Tanimachi Line Tanimachikyuuchoume (286) [Stations]19,000,000369,23015.6 yrs4 min50 sq.m
Osaka Tanimachi Line Fuminosato (63) [Stations]24,000,000369,23015.8 yrs5 min65 sq.m
Osaka Nagahori Tsurumi-ryokuchi Line Do-Mumaechiyozaki (105) [Stations]24,000,000371,42821.8 yrs4 min60 sq.m
Takatsuki-Shi 南総持寺町 (4) [Area]26,000,000371,42820.8 yrs3 min70 sq.m
Miyakojima-Ku 中野町 (150) [Area]23,000,000377,77722.5 yrs5 min65 sq.m
Osaka-Shi (26,731) [Area]17,000,000380,00016.3 yrs5 min55 sq.m
Osaka-Shi Abeno-Ku (991) [Area]22,000,000355,55519.8 yrs5 min65 sq.m
Toyonaka-Shi 服部南町 (5) [Area]23,000,000352,94122.8 yrs5 min65 sq.m
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