Benntennchou Apartment average value
- Age 16.3 years old
- Dist. from Sta. 8.2 min walk
- Property area 44.2 sq.m
The average price of a sq.m Apartment of JR Osaka Loop Line Benntennchou, in 2018 was 459,847 JPY/sq.m. The market value represents a decrease of 49,555 JPY (-9.7%) compared to 1 year ago and a transition to a bear market. 17 properties exchanged hands ( The market value represents an increase of 4 (+30.8%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 15.4 years old (a +11.1% increase compared to the 13.9 years old of last year.). The average size of the real estate was 54.7 sq.m (a +49.7% increase compared to the 36.5 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.
Cause of price increases
- An decrease in average distance from the station (representing 8.5 min in 2017 and 6.9 min in 2018; -18.0%)
- A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.7% of total transactions in 2017 and 23.5% of total transactions in 2018)
Causes of price decreases
- An increase in average age of the building (representing 13.9 years old in 2017 and 15.4 years old in 2018; +11.1%)
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 7.7% of total transactions in 2017 and 17.6% of total transactions in 2018)
Benntennchou Apartment transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|市岡||13,000,000 JPY||2,148,760 JPY/sq.m||Benntennchou||8 min|
|南市岡||32,000,000 JPY||1,322,314 JPY/sq.m||Benntennchou||8 min|
|南市岡||24,000,000 JPY||1,133,412 JPY/sq.m||Benntennchou||8 min|
|波除||22,000,000 JPY||969,696 JPY/sq.m||Benntennchou||8 min|
JR Osaka Loop Line Railway market report
|2018. Jan - Sep|
|2017. Jan - Dec|
|2016. Jan - Dec|
|2015. Jan - Dec|