Nishikujou Apartment average value

Price 24,993,939 JPY
  (424,679 JPY/sq.m)
- Age 12.1 years old
- Dist. from Sta. 6.2 min walk
- Property area 63.9 sq.m

The average price of a sq.m Apartment of JR Osaka Loop Line Nishikujou, in 2018 was 535,482 JPY/sq.m. The market value represents a decrease of 39,994 JPY (-6.9%) compared to 1 year ago and a transition to a bear market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 9.7 years old (a +5.2% increase compared to the 9.2 years old of last year.). The average size of the real estate was 51.7 sq.m (a +8.8% increase compared to the 47.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old.

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 50.0% of total transactions in 2017 and 33.3% of total transactions in 2018)
Data regarding the market value and its changes of Apartment in Nishikujou were calculated using data on the sales of 106 properties provided by the MLIT Japan.

Nishikujou Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
野田20,000,000 JPY944,509 JPY/sq.mNishikujou6 min
西九条8,800,000 JPY1,454,545 JPY/sq.mNishikujou4 min
野田26,000,000 JPY1,227,861 JPY/sq.mNishikujou6 min
野田28,000,000 JPY1,234,159 JPY/sq.mNishikujou6 min
野田30,000,000 JPY1,239,669 JPY/sq.mNishikujou6 min
野田29,000,000 JPY1,369,537 JPY/sq.mNishikujou6 min
西九条17,000,000 JPY864,588 JPY/sq.mNishikujou4 min
野田31,000,000 JPY1,463,990 JPY/sq.mNishikujou6 min
西九条28,000,000 JPY3,085,398 JPY/sq.mNishikujou4 min
野田37,000,000 JPY1,164,893 JPY/sq.mNishikujou4 min
野田33,000,000 JPY1,283,421 JPY/sq.mNishikujou4 min
野田37,000,000 JPY1,287,514 JPY/sq.mNishikujou4 min
吉野29,000,000 JPY1,369,537 JPY/sq.mNishikujou6 min
野田37,000,000 JPY1,528,926 JPY/sq.mNishikujou6 min
西九条22,000,000 JPY969,696 JPY/sq.mNishikujou5 min
吉野29,000,000 JPY1,369,537 JPY/sq.mNishikujou6 min
野田33,000,000 JPY1,212,119 JPY/sq.mNishikujou6 min
西九条33,000,000 JPY1,454,545 JPY/sq.mNishikujou4 min
吉野31,000,000 JPY1,205,636 JPY/sq.mNishikujou6 min

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 New654,513 JPY/sq.m100 %
Residual Value (10 Years)436,777 JPY/sq.m67 %
Residual Value (20 Years)312,323 JPY/sq.m48 %
Residual Value (20 Years)281,153 JPY/sq.m43 %
Color:
Unit:   Touch:



Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

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 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.

1. 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

2. 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

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)
10.3 years old , Area: 80 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-06-01T00:00:00Z

Trading price:   30,000,000 JPY,    Unit price:   375,000 JPY/sq.m

5. 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

6. Osaka Osaka-Shi Konohana-Ku 西九条Osaka-Shi Nishikujou 4.0 min walk)
8.5 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-09-01T00:00:00Z

Trading price:   17,000,000 JPY,    Unit price:   261,538 JPY/sq.m

7. Osaka Osaka-Shi Fukushima-Ku 野田Osaka-Shi Nishikujou 6.0 min walk)
10.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01T00:00:00Z

Trading price:   31,000,000 JPY,    Unit price:   442,857 JPY/sq.m

8. Osaka Osaka-Shi Fukushima-Ku 吉野Osaka-Shi Nishikujou 6.0 min walk)
8.3 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01T00:00:00Z

Trading price:   29,000,000 JPY,    Unit price:   414,285 JPY/sq.m

9. Osaka Osaka-Shi Fukushima-Ku 野田Osaka-Shi Nishikujou 6.0 min walk)
8.3 years old , Area: 80 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01T00:00:00Z

Trading price:   37,000,000 JPY,    Unit price:   462,500 JPY/sq.m

10. Osaka Osaka-Shi Konohana-Ku 西九条Osaka-Shi Nishikujou 5.0 min walk)
8.0 years old , Area: 75 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-03-01T00:00:00Z

Trading price:   22,000,000 JPY,    Unit price:   293,333 JPY/sq.m

11. Osaka Osaka-Shi Fukushima-Ku 吉野Osaka-Shi Nishikujou 6.0 min walk)
11.0 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-03-01T00:00:00Z

Trading price:   29,000,000 JPY,    Unit price:   414,285 JPY/sq.m

12. Osaka Osaka-Shi Konohana-Ku 西九条Osaka-Shi Nishikujou 4.0 min walk)
7.8 years old , Area: 75 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2016-12-01T00:00:00Z

Trading price:   33,000,000 JPY,    Unit price:   440,000 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:



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 relatively new buildings under 20 years old.

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 50.0% of total transactions in 2017 and 33.3% of total transactions in 2018)
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 JR Osaka Loop Line (3,482) [Stations]19,000,000433,33314.3 yrs6 min55 sq.m
    JR Osaka Loop Line Benntennchou (348) [Stations]13,000,000400,00010.0 yrs8 min50 sq.m
    JR Osaka Loop Line Tamatsukuri (265) [Stations]25,500,000484,52313.1 yrs4 min60 sq.m
    JR Osaka Loop Line Tennnouji (265) [Stations]21,000,000514,28513.3 yrs4 min40 sq.m
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