Hofu-Shi Farmland average value

Price 1,580,734 JPY
  (1,978 JPY/sq.m)
- Property area 1240.5 sq.m

The average price of a sq.m Farmland of Yamaguchi Hofu-Shi was 1,978 JPY/sq.m, and the median price was 632 JPY/sq.m.

The average unit price of Farmland in 2017 was decreased -40.6% (-521JPY/sq.m) compared with 2016.

Data regarding the market value and its changes were calculated using data on the sales of 205 properties provided by the MLIT Japan.

Hofu-Shi Farmland market value list

AreaAverage Trading PriceAverage Unit Price
大字江泊1,052,353 JPY754 JPY/sq.m
大字台道791,038 JPY894 JPY/sq.m
大字富海3,275,263 JPY5,183 JPY/sq.m
大字佐野562,778 JPY462 JPY/sq.m
大字奈美321,688 JPY460 JPY/sq.m
大字西浦688,750 JPY448 JPY/sq.m
大字植松1,403,000 JPY32,155 JPY/sq.m
大字牟礼573,750 JPY482 JPY/sq.m
大字真尾373,286 JPY829 JPY/sq.m
大字切畑798,333 JPY133 JPY/sq.m
大字鈴屋720,000 JPY1,810 JPY/sq.m
大字下右田2,600,000 JPY3,717 JPY/sq.m
大字田島1,700,000 JPY1,803 JPY/sq.m
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Farmland value Distance From The Station transition

Market values (unit price: sq.m, m2) in terms of Distance From The Station, is as follow.

The orange line means market values (unit price: sq.m) for Farmland in terms of Distance From The Station. 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 Distance From The Station is updated.)
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Color:

Unit:
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 Hofu-Shi Farmland market value

We can calculate market values for Farmland 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 Yamaguchi Hofu-Shi Farmland 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 Hofu-Shi

Past Farmland 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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Farmland market value trends

Market value trends for Farmland are as follows.

Data:

Unit:

Breakdown of each segment

The table below shows Farmland dealt in Yamaguchi Hofu-Shi, 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 Hofu-Shi

The closest areas in terms of Farmland 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
Shunan-Shi 大字安田 (6) [Area]1,275,0002,025 yrs min805 sq.m
Shunan-Shi 大字徳山 (6) [Area]1,875,0002,236 yrs min870 sq.m
Yamaguchi-Shi 下小鯖 (7) [Area]500,0001,428 yrs min1,000 sq.m
Yamaguchi-Shi 大内御堀 (8) [Area]3,300,0001,376 yrs min1,700 sq.m
Shunan-Shi 大字上村 (6) [Area]1,800,0002,710 yrs min830 sq.m
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