Minamichita-Cho Apartment average value

Price 101,290 JPY/sq.m
- Age 27.7 years old
- Dist. from Sta. 74.4 min walk
- Property area 54.5 sq.m

The average price of Aichi Chita-Gun Minamichita-Cho Apartment, in 2020 was 131,915 JPY/sq.m. The market value represents a decrease of 21,236 JPY (-13.9%) compared to 1 year ago and a transition to a weak market.

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.

Cause of price increases

  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 95.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Minamichita-Cho were calculated using data on the sales of 269 properties provided by the MLIT Japan.

Minamichita-Cho Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
大字内海4,200,000 JPY90,582 JPY/sq.m89 件
大字大井5,291,304 JPY83,041 JPY/sq.m23 件
大字山海4,708,182 JPY68,334 JPY/sq.m11 件
大字片名6,321,154 JPY110,222 JPY/sq.m146 件

Minamichita-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 New232,357 JPY/sq.m100 %
Residual Value (10 Years)193,983 JPY/sq.m83 %
Residual Value (20 Years)148,450 JPY/sq.m64 %
Residual Value (20 Years)95,757 JPY/sq.m41 %
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 Minamichita-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 Minamichita-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 Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
26.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   100,000 JPY/sq.m

2. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
29.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2020-06-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   100,000 JPY/sq.m

3. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
26.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2017-09-01 00:00:00

Trading price:   6,800,000 JPY,    Unit price:   97,143 JPY/sq.m

4. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
25.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   107,143 JPY/sq.m

5. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
25.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   71,429 JPY/sq.m

6. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2015-06-01 00:00:00

Trading price:   6,300,000 JPY,    Unit price:   90,000 JPY/sq.m

7. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
24.3 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 1LDK , Structure: RC
- Trading date: 2015-06-01 00:00:00

Trading price:   2,900,000 JPY,    Unit price:   52,727 JPY/sq.m

8. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
22.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   7,700,000 JPY,    Unit price:   110,000 JPY/sq.m

9. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
21.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-12-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   85,714 JPY/sq.m

10. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
20.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-09-01 00:00:00

Trading price:   7,100,000 JPY,    Unit price:   101,429 JPY/sq.m

11. Aichi Chita-Gun Minamichita-Cho 大字大井 (Chita-Gun Kouwa 90.0 min walk)
20.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2011-03-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   128,571 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 size for a general family households less than 100 sq.m.

Cause of price increases

  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 95.7% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Chita-Gun Minamichita-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 Minamichita-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
Chita-Gun (395) [Area]5,750,000103,572 JPY/sq.m27.5 yrs25 min65 sq.m
Minamichita-Cho 大字片名 (146) [Area]5,650,000105,879 JPY/sq.m26.5 yrs120 min55 sq.m
Minamichita-Cho 大字内海 (89) [Area]3,800,00087,402 JPY/sq.m30.0 yrs25 min45 sq.m
Minamichita-Cho 大字大井 (23) [Area]5,000,00085,714 JPY/sq.m20.5 yrs90 min70 sq.m