Tokaido Shinkansen Apartment average value
Price 19,226,000 JPY
- 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)
Tokaido Shinkansen Apartment market value list
|Stations||Average Trading Price||Average Unit Price|
|Kyoto||19,226,000 JPY||535,379 JPY/sq.m|