JR Hanwa Line Apartment average value

Price 16,924,490 JPY
  (285,862 JPY/sq.m)
- Age 19.9 years old
- Dist. from Sta. 8.2 min walk
- Property area 63.5 sq.m

The average price of a sq.m Apartment of Osaka JR JR Hanwa Line, in 2017 was 303,089 JPY/sq.m. The market value represents an increase of 5,061 JPY (+1.7%) compared to 1 year ago and a transition to a slight market. 62 properties exchanged hands ( The market value represents a decrease of 75 (-54.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.0 years old (a -2.9% decrease compared to the 20.6 years old of last year.). The average size of the real estate was 61.5 sq.m (a -3.3% decrease compared to the 63.6 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 8.5 min in 2016 and 7.6 min in 2017; -10.7%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 10.4% of total transactions in 2016 and 22.6% of total transactions in 2017)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 42.5% of total transactions in 2016 and 38.3% of total transactions in 2017)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 26.1% of total transactions in 2016 and 14.5% of total transactions in 2017)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 3.0% of total transactions in 2016 and 1.7% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in JR Hanwa Line were calculated using data on the sales of 2,125 properties provided by the MLIT Japan.

JR Hanwa Line Apartment market value list

StationsAverage Trading PriceAverage Unit Price
Tennnouji23,712,903 JPY577,605 JPY/sq.m
Bishouenn20,811,475 JPY344,364 JPY/sq.m
Minamitanabe20,188,889 JPY319,928 JPY/sq.m
Tsurugaoka19,713,208 JPY304,123 JPY/sq.m
Nagai18,196,667 JPY294,752 JPY/sq.m
Abikochou17,826,087 JPY300,509 JPY/sq.m
Sugimotochou9,533,333 JPY179,977 JPY/sq.m
Asaka19,248,837 JPY275,358 JPY/sq.m
Sakaishi21,015,790 JPY286,400 JPY/sq.m
Mikunigaoka20,968,000 JPY303,974 JPY/sq.m
Mozu16,850,000 JPY242,278 JPY/sq.m
Uenoshiba15,880,952 JPY218,942 JPY/sq.m
Tsukuno16,675,000 JPY241,451 JPY/sq.m
Ootori18,455,263 JPY252,942 JPY/sq.m
Tonoki14,532,258 JPY204,819 JPY/sq.m
Kitashinoda7,659,429 JPY123,406 JPY/sq.m
Shinodayama9,511,765 JPY150,683 JPY/sq.m
Izumifuchuu14,547,619 JPY214,562 JPY/sq.m
Kumeda10,388,333 JPY149,804 JPY/sq.m
Shimomatsu11,018,182 JPY158,144 JPY/sq.m
Higashikishiwada21,045,946 JPY346,788 JPY/sq.m
Higashikaiduka13,061,538 JPY171,962 JPY/sq.m
Izumihashimoto9,611,538 JPY145,783 JPY/sq.m
Higashisano5,785,714 JPY84,072 JPY/sq.m
Kumatori9,353,061 JPY141,925 JPY/sq.m
Hineno14,478,431 JPY210,074 JPY/sq.m
Shinnge6,356,452 JPY97,668 JPY/sq.m
Izumisunagawa5,370,454 JPY83,603 JPY/sq.m

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.)
AgeTrading PriceProportion
Price at New505,597 JPY/sq.m100 %
Residual Value (10 Years)355,400 JPY/sq.m70 %
Residual Value (20 Years)245,405 JPY/sq.m49 %
Residual Value (20 Years)175,611 JPY/sq.m35 %
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




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Calculate JR Hanwa Line 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 JR Hanwa Line 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.

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Trading Data

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

1. Osaka Osaka-Shi Higashisumiyoshi-Ku 桑津Osaka-Shi Bishouenn 7.0 min walk)
18.3 years old , Area: 60 sq.m , Structure: RC
- Trading date: 2013-06-01T00:00:00Z

Trading price:   18,000,000 JPY,    Unit price:   300,000 JPY/sq.m

2. Osaka Kaizuka-Shi 半田Kaizuka-Shi Higashikaiduka 7.0 min walk)
18.3 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01T00:00:00Z

Trading price:   5,500,000 JPY,    Unit price:   84,615 JPY/sq.m

3. Osaka Izumisano-Shi 日根野Izumisano-Shi Hineno 7.0 min walk)
20.4 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-06-01T00:00:00Z

Trading price:   9,500,000 JPY,    Unit price:   146,153 JPY/sq.m

4. Osaka Sakai-Shi Sakai-Ku 東雲西町Sakai-Shi Sakaishi 7.0 min walk)
20.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-09-01T00:00:00Z

Trading price:   15,000,000 JPY,    Unit price:   214,285 JPY/sq.m

5. Osaka Sakai-Shi Nishi-Ku 下田町Sakai-Shi Tsukuno 7.0 min walk)
20.9 years old , Area: 70 sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2009-12-01T00:00:00Z

Trading price:   9,800,000 JPY,    Unit price:   140,000 JPY/sq.m

6. Osaka Sakai-Shi Kita-Ku 百舌鳥梅北町Sakai-Shi Mikunigaoka 7.0 min walk)
17.5 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01T00:00:00Z

Trading price:   17,000,000 JPY,    Unit price:   261,538 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

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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 near to the station less than three minutes by foot from the station, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 8.5 min in 2016 and 7.6 min in 2017; -10.7%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 10.4% of total transactions in 2016 and 22.6% of total transactions in 2017)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 42.5% of total transactions in 2016 and 38.3% of total transactions in 2017)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 26.1% of total transactions in 2016 and 14.5% of total transactions in 2017)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 3.0% of total transactions in 2016 and 1.7% of total transactions in 2017)
The table below shows Apartment dealt in Osaka JR JR Hanwa Line, 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 JR Hanwa Line

    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
    JR Tozai Line Mitejima (250) [Stations]15,000,000283,33318.8 yrs7 min65 sq.m
    JR Katamachi Line Hanatenn (174) [Stations]18,000,000292,30723.8 yrs8 min65 sq.m
    JR Yamatoji Line Toubushijoumae (120) [Stations]16,000,000299,99919.8 yrs7 min52 sq.m
    JR Hanwa Line Nagai (146) [Stations]21,000,000300,00021.8 yrs7 min60 sq.m
    JR Katamachi Line Shigino (227) [Stations]20,500,000307,69220.3 yrs7 min65 sq.m
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