Nishikujou Apartment average value

Price 24,994,118 JPY
  (387,349 JPY/sq.m)
- Age 12.6 years old
- Dist. from Sta. 6.3 min walk
- Property area 67.5 sq.m

The average price of a sq.m Apartment of JR Osaka Loop Line Nishikujou, in 2017 was 575,476 JPY/sq.m. The market value represents an increase of 167,654 JPY (+41.1%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 6 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 9.2 years old (a -40.5% decrease compared to the 15.5 years old of last year.). The average size of the real estate was 47.5 sq.m (a -24.0% decrease compared to the 62.5 sq.m of last year.).

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

Cause of price increases

  • A dramatic decrease in average age of the building (representing 15.5 years old in 2016 and 9.2 years old in 2017; -40.5%)
  • An decrease in average distance from the station (representing 7.0 min in 2016 and 6.2 min in 2017; -10.7%)

Causes of price decreases

  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2016 and 50.0% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Nishikujou were calculated using data on the sales of 100 properties provided by the MLIT Japan.

Nishikujou Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
野田26,000,000 JPY1,227,861 JPY/sq.mNishikujou6 min
野田20,000,000 JPY944,509 JPY/sq.mNishikujou6 min
野田28,000,000 JPY1,234,159 JPY/sq.mNishikujou6 min
野田29,000,000 JPY1,369,537 JPY/sq.mNishikujou6 min
野田30,000,000 JPY1,239,669 JPY/sq.mNishikujou6 min

JR Osaka Loop Line Railway market report

2017. Jan - Dec
 156 tradings
2016. Jan - Dec
 358 tradings
2015. Jan - Dec
 273 tradings
2014. Jan - Dec
 269 tradings
4Q
39
3Q
60
2Q
11
1Q
46
4Q
87
3Q
76
2Q
112
1Q
83
4Q
71
3Q
71
2Q
77
1Q
54
4Q
78
3Q
81
2Q
55
1Q
55

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 New605,837 JPY/sq.m100 %
Residual Value (10 Years)402,370 JPY/sq.m66 %
Residual Value (20 Years)289,559 JPY/sq.m48 %
Residual Value (20 Years)267,403 JPY/sq.m44 %
Color:
Unit:   Touch:
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 Nishikujou 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 Osaka Loop Line Nishikujou 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.

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1. Osaka Osaka-Shi Fukushima-Ku 野田Osaka-Shi Nishikujou 6.0 min walk)
9.3 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01T00:00:00Z
Trading price:   26,000,000 JPY,    Unit price:   371,428 JPY/sq.m
2. Osaka Osaka-Shi Fukushima-Ku 野田Osaka-Shi Nishikujou 6.0 min walk)
9.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-09-01T00:00:00Z
Trading price:   20,000,000 JPY,    Unit price:   285,714 JPY/sq.m
3. Osaka Osaka-Shi Fukushima-Ku 野田Osaka-Shi Nishikujou 6.0 min walk)
9.0 years old , Area: 75 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-03-01T00:00:00Z
Trading price:   28,000,000 JPY,    Unit price:   373,333 JPY/sq.m
4. Osaka Osaka-Shi Fukushima-Ku 野田Osaka-Shi Nishikujou 6.0 min walk)
8.8 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01T00:00:00Z
Trading price:   29,000,000 JPY,    Unit price:   414,285 JPY/sq.m
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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:

Breakdown of each segment

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

Cause of price increases

  • A dramatic decrease in average age of the building (representing 15.5 years old in 2016 and 9.2 years old in 2017; -40.5%)
  • An decrease in average distance from the station (representing 7.0 min in 2016 and 6.2 min in 2017; -10.7%)

Causes of price decreases

  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2016 and 50.0% of total transactions in 2017)
The table below shows Apartment dealt in JR Osaka Loop Line Nishikujou, 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 Nishikujou

    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 Osaka Loop Line Benntennchou (331) [Stations]13,000,000385,6409.8 yrs8 min50 sq.m
    JR Osaka Loop Line Momodani (122) [Stations]24,000,000371,42816.8 yrs6 min65 sq.m
    JR JR Osaka Loop Line (3,295) [Stations]18,000,000415,00013.5 yrs6 min55 sq.m
    JR Osaka Loop Line Tsuruhashi (156) [Stations]18,500,000333,33314.3 yrs6 min60 sq.m
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