Tokaido Shinkansen Apartment average value

Price 19,226,000 JPY
  (535,379 JPY/sq.m)
- Age 10.8 years old
- Dist. from Sta. 9.4 min walk
- Property area 37.4 sq.m

The average price of a sq.m Apartment of Kyoto Shinkansen Tokaido Shinkansen, in 2016 was 502,152 JPY/sq.m. The market value represents a decrease of 164,416 JPY (-24.7%) compared to 1 year ago and a transition to a dramatic market. 16 properties exchanged hands ( The market value represents an increase of 4 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.0 years old (a +69.3% increase compared to the 8.3 years old of last year.). The average size of the real estate was 40.3 sq.m (a +44.4% increase compared to the 27.9 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.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 8.3 years old in 2015 and 14.0 years old in 2016; +69.3%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 16.7% of total transactions in 2015 and 25.0% of total transactions in 2016)
Data regarding the market value and its changes of Apartment in Tokaido Shinkansen were calculated using data on the sales of 173 properties provided by the MLIT Japan.

Tokaido Shinkansen Apartment market value list

StationsAverage Trading PriceAverage Unit Price
Kyoto19,226,000 JPY535,379 JPY/sq.m

Tokaido Shinkansen Railway market report

2017 2016. Jan Dec
 16 tradings
2015. Jan Dec
 12 tradings
2014. Jan Sep
 7 tradings
2013. Jan Dec
 30 tradings
4Q
3
3Q
1
2Q
8
1Q
4
-3Q
3
2Q
5
1Q
1
-3Q
1
2Q
2
1Q
4
4Q
4
3Q
11
-1Q
5
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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.)
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AgeTrading PriceProportion
Price at New790,651 JPY/sq.m100 %
Residual Value (10 Years)505,904 JPY/sq.m64 %
Residual Value (20 Years)340,738 JPY/sq.m43 %
Residual Value (20 Years)295,153 JPY/sq.m37 %
Color:

Unit:
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 Tokaido Shinkansen 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 Kyoto Shinkansen Tokaido Shinkansen 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 in Tokaido Shinkansen

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

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{{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

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Apartment market value trends

Market value trends for Apartment are as follows.

Data:

Unit:

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.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 8.3 years old in 2015 and 14.0 years old in 2016; +69.3%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 16.7% of total transactions in 2015 and 25.0% of total transactions in 2016)
The table below shows Apartment dealt in Kyoto Shinkansen Tokaido Shinkansen, 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 Tokaido Shinkansen

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
Shinkansen (173) [Stations]18,000,000478,46110.0 yrs9 min25 sq.m
Tokaido Shinkansen Kyoto (173) [Stations]18,000,000478,46110.0 yrs9 min25 sq.m
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