Miyoshi-Shi Apartment average value

Price 228,110 JPY/sq.m
- Age 21.6 years old
- Dist. from Sta. 11.8 min walk
- Property area 78.2 sq.m

The average price of Aichi Miyoshi-Shi Apartment, in 2020 was 212,497 JPY/sq.m. The market value represents a decrease of 31,591 JPY (-12.9%) 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 relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 12.8 min in 2019 and 9.4 min in 2020; -26.5%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 58.3% of total transactions in 2019 and 85.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Miyoshi-Shi were calculated using data on the sales of 175 properties provided by the MLIT Japan.

Miyoshi-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三好丘18,092,857 JPY233,776 JPY/sq.m137 件
三好丘あおば14,844,828 JPY208,931 JPY/sq.m29 件
三好丘旭14,500,000 JPY179,871 JPY/sq.m8 件
三好町15,225,000 JPY169,604 JPY/sq.m20 件
天王台13,000,000 JPY200,000 JPY/sq.m1 件
東山台13,500,000 JPY179,464 JPY/sq.m2 件
福谷町16,000,000 JPY209,274 JPY/sq.m10 件
莇生町9,100,000 JPY118,083 JPY/sq.m5 件

Miyoshi-Shi 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 New339,611 JPY/sq.m100 %
Residual Value (10 Years)303,513 JPY/sq.m89 %
Residual Value (20 Years)244,346 JPY/sq.m72 %
Residual Value (20 Years)162,111 JPY/sq.m48 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

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




Calculate Miyoshi-Shi 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 Miyoshi-Shi 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 Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 11.0 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:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

2. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 11.0 min walk)
23.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

3. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 11.0 min walk)
23.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-03-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   133,333 JPY/sq.m

4. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 11.0 min walk)
23.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2014-03-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   160,000 JPY/sq.m

5. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 12.0 min walk)
23.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

6. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 12.0 min walk)
23.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   173,333 JPY/sq.m

7. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 11.0 min walk)
22.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-03-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   333,333 JPY/sq.m

8. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 11.0 min walk)
22.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

9. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 12.0 min walk)
25.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

10. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 12.0 min walk)
25.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-09-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   200,000 JPY/sq.m

11. Aichi Miyoshi-Shi 三好丘 (Miyoshi-Shi Miyoshigaoka 12.0 min walk)
21.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   200,000 JPY/sq.m

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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

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 relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 12.8 min in 2019 and 9.4 min in 2020; -26.5%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 58.3% of total transactions in 2019 and 85.7% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Miyoshi-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:

Area close to the price in Miyoshi-Shi

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
Handa-Shi 青山 (19) [Area]19,000,000228,571 JPY/sq.m25.0 yrs12 min85 sq.m
Moriyama-Ku 苗代 (37) [Area]17,000,000228,571 JPY/sq.m24.8 yrs12 min75 sq.m
Nagoya-Shi Midori-Ku (1,423) [Area]16,000,000227,619 JPY/sq.m24.0 yrs11 min70 sq.m
Minato-Ku 川間町 (18) [Area]15,500,000227,619 JPY/sq.m22.8 yrs10 min70 sq.m
Showa-Ku 福江 (14) [Area]14,500,000228,718 JPY/sq.m23.1 yrs13 min70 sq.m
JR Tokaido Main Line Owariichinomiya (418) [Stations]16,000,000228,571 JPY/sq.m21.5 yrs14 min70 sq.m
Meitetsu Meitetsu Toyota Line (749) [Stations]17,000,000228,571 JPY/sq.m22.3 yrs10 min75 sq.m
JR Chuo Main Line Kachigawa (189) [Stations]17,000,000230,514 JPY/sq.m21.5 yrs11 min75 sq.m
Tōkai Transport Service Jōhoku Line Kachigawa (189) [Stations]17,000,000230,514 JPY/sq.m21.5 yrs11 min75 sq.m
Meitetsu Nagoya Main Line Arimatsu (252) [Stations]17,500,000230,769 JPY/sq.m20.9 yrs9 min75 sq.m