Ichinoseki Land average value

Price 13,576,987 JPY
  (27,428 JPY/sq.m)
- Dist. from Sta. 28.5 min walk
- Property area 444.7 sq.m

The average price of a sq.m Land of Iwate JR Ōfunato Line Ichinoseki, in 2017 was 38,947 JPY/sq.m. The market value represents an increase of 9,787 JPY (+33.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 46 (-97.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 950.0 sq.m (a +109.3% increase compared to the 453.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Data regarding the market value and its changes of Land in Ichinoseki were calculated using data on the sales of 562 properties provided by the MLIT Japan.

Ichinoseki Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
山目85,000,000 JPY200,707 JPY/sq.mIchinoseki29 min
山目10,000,000 JPY143,729 JPY/sq.mIchinoseki29 min
萩荘5,300,000 JPY76,175 JPY/sq.mIchinoseki29 min
東五代11,000,000 JPY145,455 JPY/sq.mIchinoseki29 min
中里3,000,000 JPY19,445 JPY/sq.mIchinoseki29 min
宮下町7,000,000 JPY140,245 JPY/sq.mIchinoseki29 min
山目2,700,000 JPY127,507 JPY/sq.mIchinoseki29 min
赤荻4,400,000 JPY153,107 JPY/sq.mIchinoseki30 min
赤荻5,500,000 JPY151,514 JPY/sq.mIchinoseki30 min
赤荻26,000,000 JPY85,950 JPY/sq.mIchinoseki30 min
狐禅寺400,000 JPY8,813 JPY/sq.mIchinoseki30 min
上坊8,600,000 JPY101,534 JPY/sq.mIchinoseki30 min
滝沢12,000,000 JPY76,284 JPY/sq.mIchinoseki30 min
真柴5,000,000 JPY68,869 JPY/sq.mIchinoseki30 min
真柴20,000,000 JPY47,223 JPY/sq.mIchinoseki30 min
山目11,000,000 JPY110,192 JPY/sq.mIchinoseki30 min
山目9,000,000 JPY148,760 JPY/sq.mIchinoseki30 min
三関20,000,000 JPY157,418 JPY/sq.mIchinoseki30 min
三関13,000,000 JPY159,167 JPY/sq.mIchinoseki30 min
三関8,200,000 JPY112,945 JPY/sq.mIchinoseki30 min

JR Ōfunato Line Railway market report

2017. Jan Mar
 5 tradings
2016. Jan Dec
 133 tradings
2015. Jan Dec
 148 tradings
2014. Jan Dec
 105 tradings
2013. Jan Dec
 188 tradings
---1Q
5
4Q
30
3Q
20
2Q
51
1Q
32
4Q
27
3Q
57
2Q
25
1Q
39
4Q
17
3Q
38
2Q
32
1Q
18
4Q
48
3Q
52
2Q
47
1Q
41
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Land 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 Land 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 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




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Calculate Ichinoseki Land market value

We can calculate market values for Land 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 Iwate JR Ōfunato Line Ichinoseki Land 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 Ichinoseki

Past Land 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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Land market value trends

Market value trends for Land are as follows.

Data:

Unit:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

The table below shows Land dealt in Iwate JR Ōfunato Line Ichinoseki, 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 Ichinoseki

The closest areas in terms of Land 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
JR Ōfunato Line Sakari (182) [Stations]8,000,00026,315 yrs19 min300 sq.m
JR Ōfunato Line Shimofunato (18) [Stations]8,000,00019,645 yrs12 min330 sq.m
JR JR Ōfunato Line (1,364) [Stations]5,100,00017,420 yrs20 min330 sq.m
JR Ōfunato Line Rikuzenntakata (67) [Stations]5,000,00016,000 yrs15 min330 sq.m
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