Keihan Apartment average value

Price 19,706,818 JPY
  (338,161 JPY/sq.m)
- Age 21.8 years old
- Dist. from Sta. 9.1 min walk
- Property area 61.3 sq.m

The average price of a sq.m Apartment of Osaka Keihan, in 2017 was 331,512 JPY/sq.m. The market value represents a decrease of 21,784 JPY (-6.2%) compared to 1 year ago and a transition to a bear market. 181 properties exchanged hands ( The market value represents a decrease of 230 (-56.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 24.2 years old (a +11.7% increase compared to the 21.6 years old of last year.). The average size of the real estate was 60.2 sq.m (a -2.1% decrease compared to the 61.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a dramatic decrease in transactions involving new buildings under 10 years old.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 10.7% of total transactions in 2016 and 13.3% of total transactions in 2017)
  • A some increase in transactions involving recently constructed buildings under 6 years old (representing 3.7% of total transactions in 2016 and 3.9% of total transactions in 2017)

Causes of price decreases

  • An increase in average age of the building (representing 21.6 years old in 2016 and 24.2 years old in 2017; +11.7%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 11.8% of total transactions in 2016 and 17.7% of total transactions in 2017)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 34.6% of total transactions in 2016 and 37.6% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Keihan were calculated using data on the sales of 4,593 properties provided by the MLIT Japan.

Keihan Apartment market value list

StationsAverage Trading PriceAverage Unit Price
Keihan Nakanoshima Line22,210,569 JPY480,384 JPY/sq.m
Keihan Katano Line16,158,064 JPY229,694 JPY/sq.m
Keihan Main Line19,590,600 JPY336,874 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 New659,640 JPY/sq.m100 %
Residual Value (10 Years)444,206 JPY/sq.m67 %
Residual Value (20 Years)295,388 JPY/sq.m45 %
Residual Value (20 Years)213,186 JPY/sq.m32 %
Color:
Unit:   Touch:
Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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 Keihan 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 Keihan 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

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

Related sales({{similarlist.length}})

1. Osaka Osaka-Shi Joto-Ku 中央Osaka-Shi Noe 7.0 min walk)
18.8 years old , Area: 65 sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2009-12-01T00:00:00Z
Trading price:   17,000,000 JPY,    Unit price:   261,538 JPY/sq.m
2. Osaka Hirakata-Shi 南中振Hirakata-Shi Kouzennji 7.0 min walk)
18.8 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-12-01T00:00:00Z
Trading price:   8,200,000 JPY,    Unit price:   126,153 JPY/sq.m
3. Osaka Hirakata-Shi 南中振Hirakata-Shi Kouzennji 7.0 min walk)
18.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-09-01T00:00:00Z
Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m
4. Osaka Hirakata-Shi 出口Hirakata-Shi Kouzennji 7.0 min walk)
18.5 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01T00:00:00Z
Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m
5. Osaka Moriguchi-Shi 京阪本通Moriguchi-Shi Doi 7.0 min walk)
19.2 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2008-03-01T00:00:00Z
Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m
6. Osaka Hirakata-Shi 南中振Hirakata-Shi Kouzennji 7.0 min walk)
19.3 years old , Area: 60 sq.m , Layout: 3DK , Structure: RC
- Trading date: 2012-06-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   183,333 JPY/sq.m
7. Osaka Neyagawa-Shi 田井町Neyagawa-Shi Kourienn 7.0 min walk)
19.3 years old , Area: 60 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01T00:00:00Z
Trading price:   17,000,000 JPY,    Unit price:   283,333 JPY/sq.m
8. Osaka Osaka-Shi Joto-Ku 中央Osaka-Shi Noe 7.0 min walk)
18.3 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-06-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   276,923 JPY/sq.m
9. Osaka Osaka-Shi Joto-Ku 中央Osaka-Shi Noe 7.0 min walk)
18.3 years old , Area: 65 sq.m , Layout: 2LDK+S , Structure: SRC
- Trading date: 2009-06-01T00:00:00Z
Trading price:   19,000,000 JPY,    Unit price:   292,307 JPY/sq.m
10. Osaka Hirakata-Shi 南中振Hirakata-Shi Kouzennji 7.0 min walk)
19.5 years old , Area: 65 sq.m , Structure: RC
- Trading date: 2012-09-01T00:00:00Z
Trading price:   8,400,000 JPY,    Unit price:   129,230 JPY/sq.m
11. Osaka Osaka-Shi Joto-Ku 鴫野西Osaka-Shi Kyoubashi 7.0 min walk)
19.5 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC、RC
- Trading date: 2017-09-01T00:00:00Z
Trading price:   24,000,000 JPY,    Unit price:   369,230 JPY/sq.m
12. Osaka Hirakata-Shi 上島町Hirakata-Shi Makino 7.0 min walk)
19.8 years old , Area: 60 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-12-01T00:00:00Z
Trading price:   10,000,000 JPY,    Unit price:   166,666 JPY/sq.m
13. Osaka Neyagawa-Shi 田井町Neyagawa-Shi Kourienn 7.0 min walk)
17.8 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   215,384 JPY/sq.m
14. Osaka Osaka-Shi Kita-Ku 天満Osaka-Shi Tennmabashi 7.0 min walk)
20.0 years old , Area: 60 sq.m , Layout: 1LDK , Structure: SRC
- Trading date: 2012-03-01T00:00:00Z
Trading price:   21,000,000 JPY,    Unit price:   350,000 JPY/sq.m
15. Osaka Neyagawa-Shi 東香里園町Neyagawa-Shi Kourienn 7.0 min walk)
17.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-09-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m
16. Osaka Osaka-Shi Joto-Ku 野江Osaka-Shi Noe 7.0 min walk)
17.5 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-09-01T00:00:00Z
Trading price:   25,000,000 JPY,    Unit price:   384,615 JPY/sq.m
17. Osaka Hirakata-Shi 上島町Hirakata-Shi Makino 7.0 min walk)
20.3 years old , Area: 60 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-06-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   216,666 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:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a dramatic decrease in transactions involving new buildings under 10 years old.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 10.7% of total transactions in 2016 and 13.3% of total transactions in 2017)
  • A some increase in transactions involving recently constructed buildings under 6 years old (representing 3.7% of total transactions in 2016 and 3.9% of total transactions in 2017)

Causes of price decreases

  • An increase in average age of the building (representing 21.6 years old in 2016 and 24.2 years old in 2017; +11.7%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 11.8% of total transactions in 2016 and 17.7% of total transactions in 2017)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 34.6% of total transactions in 2016 and 37.6% of total transactions in 2017)
The table below shows Apartment dealt in Osaka Keihan, 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 Keihan

    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
    Osaka Nagahori Tsurumi-ryokuchi Line Yokodutsumi (204) [Stations]22,000,000337,50018.8 yrs8 min65 sq.m
    Hankyu Senri Line Sennriyama (167) [Stations]23,500,000326,66618.0 yrs10 min70 sq.m
    Hankyu Hankyu Senri Line (2,478) [Stations]18,000,000300,00022.0 yrs10 min65 sq.m
    Hankyu Hankyu Takarazuka Main Line (2,935) [Stations]18,000,000300,00019.4 yrs8 min65 sq.m
    Osaka Nagahori Tsurumi-ryokuchi Line Taishou (333) [Stations]15,000,000300,00024.5 yrs8 min60 sq.m
    Minato-Ku 磯路 (19) [Area]15,000,000340,00020.5 yrs7 min55 sq.m
    Sakai-Ku 戎之町西 (4) [Area]25,000,000346,19020.8 yrs8 min70 sq.m
    Neyagawa-Shi 中木田町 (14) [Area]22,000,000350,00022.3 yrs10 min60 sq.m
    Sakai-Ku 向陵西町 (17) [Area]26,000,000353,84620.8 yrs9 min70 sq.m
    Osaka-Shi Miyakojima-Ku (1,439) [Area]22,000,000356,34822.8 yrs9 min70 sq.m
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