JR Hanwa Line Apartment average value

Price 16,212,449 JPY
  (276,976 JPY/sq.m)
- Age 19.6 years old
- Dist. from Sta. 8.4 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 398,360 JPY/sq.m. The market value represents an increase of 118,668 JPY (+42.4%) compared to 1 year ago and a transition to a dramatic market. 20 properties exchanged hands ( The market value represents a decrease of 83 (-80.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 17.9 years old (a -12.7% decrease compared to the 20.6 years old of last year.). The average size of the real estate was 55.5 sq.m (a -11.9% decrease compared to the 63.0 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, 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 age of the building (representing 20.6 years old in 2016 and 17.9 years old in 2017; -12.7%)
  • An decrease in average distance from the station (representing 8.3 min in 2016 and 7.5 min in 2017; -10.3%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 7.9% of total transactions in 2016 and 15.8% of total transactions in 2017)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 42.6% of total transactions in 2016 and 26.3% of total transactions in 2017)

Causes of price decreases

  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 29.4% of total transactions in 2016 and 25.0% of total transactions in 2017)
  • A some increase in transactions involving older buildings over 40 years old (representing 9.9% of total transactions in 2016 and 10.5% 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 2,024 properties provided by the MLIT Japan.

JR Hanwa Line Apartment market value list

StationsAverage Trading PriceAverage Unit Price
Tennnouji20,801,429 JPY548,671 JPY/sq.m
Bishouenn20,618,644 JPY345,124 JPY/sq.m
Minamitanabe19,487,500 JPY311,361 JPY/sq.m
Tsurugaoka19,447,059 JPY299,558 JPY/sq.m
Nagai17,504,878 JPY280,286 JPY/sq.m
Abikochou16,950,000 JPY294,224 JPY/sq.m
Sugimotochou9,533,333 JPY179,977 JPY/sq.m
Asaka19,326,190 JPY276,053 JPY/sq.m
Sakaishi20,632,692 JPY281,218 JPY/sq.m
Mikunigaoka20,620,408 JPY299,837 JPY/sq.m
Mozu16,697,917 JPY240,984 JPY/sq.m
Uenoshiba14,423,529 JPY197,970 JPY/sq.m
Tsukuno17,810,000 JPY255,095 JPY/sq.m
Ootori17,545,454 JPY241,398 JPY/sq.m
Tonoki14,465,517 JPY204,658 JPY/sq.m
Kitashinoda7,653,134 JPY122,863 JPY/sq.m
Shinodayama10,025,806 JPY158,884 JPY/sq.m
Izumifuchuu13,141,304 JPY192,796 JPY/sq.m
Kumeda10,344,068 JPY148,953 JPY/sq.m
Shimomatsu10,800,000 JPY154,432 JPY/sq.m
Higashikishiwada21,400,699 JPY351,338 JPY/sq.m
Higashikaiduka13,066,667 JPY172,751 JPY/sq.m
Izumihashimoto9,386,956 JPY142,534 JPY/sq.m
Higashisano5,519,231 JPY79,592 JPY/sq.m
Kumatori9,506,667 JPY143,584 JPY/sq.m
Hineno14,232,653 JPY207,168 JPY/sq.m
Shinnge6,310,526 JPY97,109 JPY/sq.m
Izumisunagawa5,404,878 JPY84,539 JPY/sq.m

JR Hanwa Line Railway market report

2017. Jan Jun
 20 tradings
2016. Jan Sep
 103 tradings
2015. Jan Dec
 140 tradings
2014. Jan Dec
 158 tradings
2013. Jan Dec
 179 tradings
--2Q
3
--3Q
31
2Q
40
1Q
32
4Q
36
3Q
37
2Q
29
1Q
38
4Q
43
3Q
45
2Q
39
1Q
31
4Q
35
3Q
46
2Q
49
1Q
49
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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.)
{{(expShow==true) ? 'Close' : 'Show all'}}
AgeTrading PriceProportion
Price at New458,442 JPY/sq.m100 %
Residual Value (10 Years)327,394 JPY/sq.m71 %
Residual Value (20 Years)232,372 JPY/sq.m51 %
Residual Value (20 Years)173,375 JPY/sq.m38 %
Color:

Unit:
Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 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 Osaka JR JR Hanwa Line 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 JR Hanwa Line

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, 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 age of the building (representing 20.6 years old in 2016 and 17.9 years old in 2017; -12.7%)
  • An decrease in average distance from the station (representing 8.3 min in 2016 and 7.5 min in 2017; -10.3%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 7.9% of total transactions in 2016 and 15.8% of total transactions in 2017)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 42.6% of total transactions in 2016 and 26.3% of total transactions in 2017)

Causes of price decreases

  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 29.4% of total transactions in 2016 and 25.0% of total transactions in 2017)
  • A some increase in transactions involving older buildings over 40 years old (representing 9.9% of total transactions in 2016 and 10.5% 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 (12,437) [Stations]16,000,000290,90918.0 yrs7 min65 sq.m
JR Hanwa Line Nagai (140) [Stations]19,000,000292,00022.1 yrs8 min65 sq.m
JR Katamachi Line Shigino (215) [Stations]20,000,000300,00018.5 yrs7 min65 sq.m
JR Tozai Line Kyoubashi (340) [Stations]18,000,000325,00018.8 yrs7 min62 sq.m
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