Izumioomiya Apartment average value

Price 6,992,308 JPY
  (130,053 JPY/sq.m)
- Age 28.6 years old
- Dist. from Sta. 8.5 min walk
- Property area 56.5 sq.m

The average price of a sq.m Apartment of Osaka Nankai Main Line Izumioomiya, in 2017 was 124,724 JPY/sq.m. The market value represents a decrease of 9,073 JPY (-6.8%) compared to 1 year ago and a transition to a bear market. 2 properties exchanged hands ( The market value represents a decrease of 3 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 33.2 years old (a +30.9% increase compared to the 25.3 years old of last year.). The average size of the real estate was 67.5 sq.m (a +50.0% increase compared to the 45.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 25.3 years old in 2016 and 33.2 years old in 2017; +30.9%)
  • A dramatic increase in average distance from the station (representing 4.0 min in 2016 and 11.5 min in 2017; +187.5%)
Data regarding the market value and its changes of Apartment in Izumioomiya were calculated using data on the sales of 96 properties provided by the MLIT Japan.

Izumioomiya Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
上野町西7,300,000 JPY438,767 JPY/sq.mIzumioomiya9 min
下野町12,000,000 JPY566,704 JPY/sq.mIzumioomiya11 min
下野町5,600,000 JPY231,405 JPY/sq.mIzumioomiya11 min
宮前町4,800,000 JPY244,119 JPY/sq.mIzumioomiya9 min
上野町西6,000,000 JPY305,147 JPY/sq.mIzumioomiya9 min
上野町西7,000,000 JPY514,231 JPY/sq.mIzumioomiya9 min

Nankai Main Line Railway market report

2017. Jan - Dec
 49 tradings
2016. Jan - Dec
 176 tradings
2015. Jan - Dec
 155 tradings
2014. Jan - Dec
 168 tradings
4Q
11
3Q
21
2Q
1
1Q
16
4Q
42
3Q
36
2Q
63
1Q
35
4Q
44
3Q
32
2Q
38
1Q
41
4Q
43
3Q
50
2Q
44
1Q
31

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 New183,670 JPY/sq.m100 %
Residual Value (10 Years)188,295 JPY/sq.m103 %
Residual Value (20 Years)170,105 JPY/sq.m93 %
Residual Value (20 Years)129,098 JPY/sq.m70 %
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 Izumioomiya 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 Nankai Main Line Izumioomiya 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.

Related sales({{similarlist.length}})

1. Osaka Kishiwada-Shi 下野町Kishiwada-Shi Izumioomiya 11.0 min walk)
31.0 years old , Area: 70 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2015-03-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   171,428 JPY/sq.m
2. Osaka Kishiwada-Shi 宮前町Kishiwada-Shi Izumioomiya 9.0 min walk)
29.8 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-12-01T00:00:00Z
Trading price:   4,800,000 JPY,    Unit price:   73,846 JPY/sq.m
3. Osaka Kishiwada-Shi 上野町西Kishiwada-Shi Izumioomiya 9.0 min walk)
32.5 years old , Area: 65 sq.m , Structure: RC
- Trading date: 2017-09-01T00:00:00Z
Trading price:   6,000,000 JPY,    Unit price:   92,307 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 size for a general family households less than 100 sq.m.

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 25.3 years old in 2016 and 33.2 years old in 2017; +30.9%)
  • A dramatic increase in average distance from the station (representing 4.0 min in 2016 and 11.5 min in 2017; +187.5%)
The table below shows Apartment dealt in Osaka Nankai Main Line Izumioomiya, 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 Izumioomiya

    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
    Nankai Main Line Takojizou (30) [Stations]9,500,000136,92220.5 yrs6 min65 sq.m
    Nankai Main Line Tadaoka (28) [Stations]8,650,000141,66620.9 yrs6 min60 sq.m
    Nankai Main Line Minato (38) [Stations]9,800,000144,76124.3 yrs8 min65 sq.m
    Nankai Main Line Matsunohama (27) [Stations]10,000,000150,00022.0 yrs8 min60 sq.m
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