Ozaki Apartment average value

Price 9,435,484 JPY
  (130,026 JPY/sq.m)
- Age 19.0 years old
- Dist. from Sta. 6.5 min walk
- Property area 70.2 sq.m

The average price of a sq.m Apartment of Osaka Nankai Main Line Ozaki, in 2016 was 129,090 JPY/sq.m. The market value represents a decrease of 42,338 JPY (-24.7%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.1 years old (a +13.4% increase compared to the 17.8 years old of last year.). The average size of the real estate was 62.5 sq.m (a -10.7% decrease compared to the 70.0 sq.m of last year.).

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

Causes of price decreases

  • An increase in average age of the building (representing 17.8 years old in 2015 and 20.1 years old in 2016; +13.4%)
  • A dramatic increase in average distance from the station (representing 5.0 min in 2015 and 14.5 min in 2016; +190.0%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2015 and 50.0% of total transactions in 2016)
Data regarding the market value and its changes of Apartment in Ozaki were calculated using data on the sales of 31 properties provided by the MLIT Japan.

Ozaki Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
黒田10,000,000 JPY440,770 JPY/sq.mOzaki5 min
黒田11,000,000 JPY484,846 JPY/sq.mOzaki5 min
黒田14,000,000 JPY617,078 JPY/sq.mOzaki5 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 New176,987 JPY/sq.m100 %
Residual Value (10 Years)159,254 JPY/sq.m90 %
Residual Value (20 Years)135,215 JPY/sq.m76 %
Residual Value (20 Years)104,869 JPY/sq.m59 %
Color:
Unit:   Touch:



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

Apartment value Age transition

Property Details:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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




Top

Calculate Ozaki 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 Ozaki 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.

Top

Trading Data

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

1. Osaka Han'Nan-Shi 黒田Han'Nan-Shi Ozaki 5.0 min walk)
15.3 years old , Area: 75 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01T00:00:00Z

Trading price:   10,000,000 JPY,    Unit price:   133,333 JPY/sq.m

2. Osaka Han'Nan-Shi 黒田Han'Nan-Shi Ozaki 5.0 min walk)
15.0 years old , Area: 75 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-03-01T00:00:00Z

Trading price:   11,000,000 JPY,    Unit price:   146,666 JPY/sq.m

3. Osaka Han'Nan-Shi 黒田Han'Nan-Shi Ozaki 5.0 min walk)
15.5 years old , Area: 75 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-09-01T00:00:00Z

Trading price:   14,000,000 JPY,    Unit price:   186,666 JPY/sq.m

{{$index+1}}. {{item.place}}{{item.stations[0]}} {{item.station_distance}} min walk)
{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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

Top

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 decrease in transactions involving relatively new buildings under 20 years old.

Causes of price decreases

  • An increase in average age of the building (representing 17.8 years old in 2015 and 20.1 years old in 2016; +13.4%)
  • A dramatic increase in average distance from the station (representing 5.0 min in 2015 and 14.5 min in 2016; +190.0%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2015 and 50.0% of total transactions in 2016)
The table below shows Apartment dealt in Osaka Nankai Main Line Ozaki, 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:

    Top

    Area close to the price in Ozaki

    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 Iharanosato (19) [Stations]9,000,000124,00025.0 yrs5 min65 sq.m
    Nankai Main Line Takojizou (32) [Stations]9,000,000136,92220.8 yrs6 min65 sq.m
    Nankai Main Line Tsuruhara (16) [Stations]8,750,000120,50014.3 yrs5 min72 sq.m
    Nankai Main Line Tadaoka (31) [Stations]8,800,000141,66620.3 yrs7 min60 sq.m
    Nankai Main Line Hagurazaki (105) [Stations]7,800,000116,36321.5 yrs4 min65 sq.m
    Top