Kanie-Cho Apartment average value

Price 178,367 JPY/sq.m
- Age 25.0 years old
- Dist. from Sta. 9.0 min walk
- Property area 72.4 sq.m

The average price of Aichi Ama-Gun Kanie-Cho Apartment, in 2020 was 155,238 JPY/sq.m. The market value represents a decrease of 40,054 JPY (-20.5%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 43.0 years old in 2019 and 28.3 years old in 2020; -34.1%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 100.0% of total transactions in 2019 and 25.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.9 min in 2019 and 10.0 min in 2020; +44.9%)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 45.0% of total transactions in 2019 and 14.3% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kanie-Cho were calculated using data on the sales of 222 properties provided by the MLIT Japan.

Kanie-Cho Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
八幡19,800,000 JPY256,833 JPY/sq.m5 件
今西14,100,000 JPY198,654 JPY/sq.m3 件
25,100,000 JPY326,740 JPY/sq.m10 件
大字今14,266,667 JPY204,881 JPY/sq.m12 件
大字新千秋9,933,333 JPY126,184 JPY/sq.m3 件
大字蟹江新田11,402,857 JPY139,558 JPY/sq.m35 件
大字蟹江本町13,315,790 JPY176,037 JPY/sq.m38 件
大字西之森17,000,000 JPY196,667 JPY/sq.m4 件
学戸18,666,667 JPY237,249 JPY/sq.m3 件
27,000,000 JPY337,500 JPY/sq.m1 件
富吉8,555,000 JPY124,320 JPY/sq.m46 件
本町13,843,478 JPY191,820 JPY/sq.m57 件
16,600,000 JPY203,135 JPY/sq.m5 件

Kanie-Cho Apartment value Age transition

Market values (unit price: sq.m, ㎡) 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 New339,738 JPY/sq.m100 %
Residual Value (10 Years)280,715 JPY/sq.m83 %
Residual Value (20 Years)226,797 JPY/sq.m67 %
Residual Value (20 Years)177,984 JPY/sq.m52 %
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




Calculate Kanie-Cho 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 Kanie-Cho Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

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

1. Aichi Ama-Gun Kanie-Cho 本町 (Ama-Gun Kanie 9.0 min walk)
23.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   171,429 JPY/sq.m

2. Aichi Ama-Gun Kanie-Cho 本町 (Ama-Gun Kinntetsukanie 10.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-03-01 00:00:00

Trading price:   7,400,000 JPY,    Unit price:   105,714 JPY/sq.m

3. Aichi Ama-Gun Kanie-Cho 本町 (Ama-Gun Kinntetsukanie 10.0 min walk)
24.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   127,692 JPY/sq.m

4. Aichi Ama-Gun Kanie-Cho 大字新千秋 (Ama-Gun Tomiyoshi 9.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-06-01 00:00:00

Trading price:   7,300,000 JPY,    Unit price:   104,286 JPY/sq.m

5. Aichi Ama-Gun Kanie-Cho 大字蟹江本町 (Ama-Gun Tomiyoshi 9.0 min walk)
25.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-03-01 00:00:00

Trading price:   7,300,000 JPY,    Unit price:   104,286 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

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 increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 43.0 years old in 2019 and 28.3 years old in 2020; -34.1%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 100.0% of total transactions in 2019 and 25.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.9 min in 2019 and 10.0 min in 2020; +44.9%)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 45.0% of total transactions in 2019 and 14.3% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Ama-Gun Kanie-Cho, 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:

Area close to the price in Kanie-Cho

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
Kanie-Cho 本町 (57) [Area]14,000,000177,778 JPY/sq.m29.3 yrs10 min70 sq.m
Kanie-Cho 大字蟹江本町 (38) [Area]12,500,000171,429 JPY/sq.m19.8 yrs11 min75 sq.m
Kanie-Cho 大字新千秋 (3) [Area]9,500,000111,765 JPY/sq.m24.3 yrs9 min80 sq.m