Nishikinohama Apartment average value

Price 6,945,000 JPY
  (107,337 JPY/sq.m)
- Age 20.7 years old
- Dist. from Sta. 12.1 min walk
- Property area 62.5 sq.m

The average price of a sq.m Apartment of Osaka Nankai Main Line Nishikinohama, in 2016 was 107,692 JPY/sq.m. The market value represents a decrease of 29,524 JPY (-21.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.0 years old (a +13.0% increase compared to the 18.6 years old of last year.). The average size of the real estate was 65.0 sq.m (a -2.5% decrease compared to the 66.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.

Causes of price decreases

  • An increase in average age of the building (representing 18.6 years old in 2015 and 21.0 years old in 2016; +13.0%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2015 and 100.0% of total transactions in 2016)
Data regarding the market value and its changes of Apartment in Nishikinohama were calculated using data on the sales of 20 properties provided by the MLIT Japan.

Nishikinohama Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
7,300,000 JPY402,202 JPY/sq.mNishikinohama14 min
6,200,000 JPY292,797 JPY/sq.mNishikinohama13 min
畠中9,000,000 JPY457,722 JPY/sq.mNishikinohama12 min
5,200,000 JPY264,463 JPY/sq.mNishikinohama15 min
畠中6,900,000 JPY350,919 JPY/sq.mNishikinohama13 min
2,000,000 JPY146,922 JPY/sq.mNishikinohama15 min

Nankai Main Line Railway market report

2018 2017. Jan - Jun
 17 tradings
2016. Jan - Sep
 134 tradings
2015. Jan - Dec
 155 tradings
2014. Jan - Dec
 168 tradings
--2Q
1
--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 New306,691 JPY/sq.m100 %
Residual Value (10 Years)173,714 JPY/sq.m57 %
Residual Value (20 Years)92,242 JPY/sq.m30 %
Residual Value (20 Years)62,273 JPY/sq.m20 %
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 Nishikinohama 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 Nishikinohama 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 Kaizuka-Shi 澤Kaizuka-Shi Nishikinohama 14.0 min walk)
18.5 years old , Area: 60 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01T00:00:00Z
Trading price:   7,300,000 JPY,    Unit price:   121,666 JPY/sq.m
2. Osaka Kaizuka-Shi 澤Kaizuka-Shi Nishikinohama 13.0 min walk)
20.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01T00:00:00Z
Trading price:   6,200,000 JPY,    Unit price:   88,571 JPY/sq.m
3. Osaka Kaizuka-Shi 畠中Kaizuka-Shi Nishikinohama 12.0 min walk)
20.0 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-03-01T00:00:00Z
Trading price:   9,000,000 JPY,    Unit price:   138,461 JPY/sq.m
4. Osaka Kaizuka-Shi 澤Kaizuka-Shi Nishikinohama 15.0 min walk)
16.5 years old , Area: 65 sq.m , Layout: 2DK , Structure: RC
- Trading date: 2011-09-01T00:00:00Z
Trading price:   5,200,000 JPY,    Unit price:   80,000 JPY/sq.m
5. Osaka Kaizuka-Shi 畠中Kaizuka-Shi Nishikinohama 13.0 min walk)
16.0 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-03-01T00:00:00Z
Trading price:   6,900,000 JPY,    Unit price:   106,153 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 relatively old buildings under 40 years old.

Causes of price decreases

  • An increase in average age of the building (representing 18.6 years old in 2015 and 21.0 years old in 2016; +13.0%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2015 and 100.0% of total transactions in 2016)
The table below shows Apartment dealt in Osaka Nankai Main Line Nishikinohama, 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 Nishikinohama

    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 Tarui (42) [Stations]6,550,000102,96620.4 yrs15 min65 sq.m
    Nankai Main Line Tannnowa (21) [Stations]5,000,000100,00020.5 yrs10 min55 sq.m
    Nankai Main Line Minato (38) [Stations]9,800,000144,76124.3 yrs8 min65 sq.m
    Nankai Main Line Kitasukematsu (72) [Stations]11,000,000150,00022.3 yrs8 min70 sq.m
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