Toyoake-Shi Apartment average value

Price 207,644 JPY/sq.m
- Age 24.8 years old
- Dist. from Sta. 14.6 min walk
- Property area 69.7 sq.m

The average price of Aichi Toyoake-Shi Apartment, in 2020 was 186,957 JPY/sq.m. The market value represents an increase of 10,119 JPY (+5.7%) compared to 1 year ago and a transition to a strong market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 71.4% of total transactions in 2019 and 50.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 14.3% of total transactions in 2019 and 20.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Toyoake-Shi were calculated using data on the sales of 245 properties provided by the MLIT Japan.

Toyoake-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
二村台4,650,000 JPY89,506 JPY/sq.m22 件
三崎町18,535,714 JPY245,284 JPY/sq.m14 件
前後町16,771,053 JPY239,278 JPY/sq.m38 件
新栄町15,232,143 JPY195,538 JPY/sq.m28 件
新田町12,228,070 JPY161,505 JPY/sq.m57 件
栄町14,122,414 JPY185,635 JPY/sq.m58 件
沓掛町8,400,000 JPY140,000 JPY/sq.m2 件
間米町11,927,273 JPY173,050 JPY/sq.m11 件
阿野町11,933,333 JPY175,646 JPY/sq.m15 件

Toyoake-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 New381,192 JPY/sq.m100 %
Residual Value (10 Years)304,850 JPY/sq.m80 %
Residual Value (20 Years)236,997 JPY/sq.m62 %
Residual Value (20 Years)177,633 JPY/sq.m47 %
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 Toyoake-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 Toyoake-Shi Apartment 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.

Trading Data

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

1. Aichi Toyoake-Shi 間米町 (Toyoake-Shi Chuukyoukeibajoumae 15.0 min walk)
25.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   7,700,000 JPY,    Unit price:   102,667 JPY/sq.m

2. Aichi Toyoake-Shi 間米町 (Toyoake-Shi Chuukyoukeibajoumae 15.0 min walk)
24.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-06-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   115,385 JPY/sq.m

3. Aichi Toyoake-Shi 新栄町 (Toyoake-Shi Zenngo 16.0 min walk)
25.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

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

4. Aichi Toyoake-Shi 新田町 (Toyoake-Shi Toyoake 16.0 min walk)
24.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   213,333 JPY/sq.m

5. Aichi Toyoake-Shi 新栄町 (Toyoake-Shi Chuukyoukeibajoumae 15.0 min walk)
23.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2013-12-01 00:00:00

Trading price:   8,200,000 JPY,    Unit price:   109,333 JPY/sq.m

6. Aichi Toyoake-Shi 間米町 (Toyoake-Shi Chuukyoukeibajoumae 15.0 min walk)
26.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

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

7. Aichi Toyoake-Shi 新田町 (Toyoake-Shi Toyoake 16.0 min walk)
26.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   200,000 JPY/sq.m

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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 new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 71.4% of total transactions in 2019 and 50.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 14.3% of total transactions in 2019 and 20.0% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Toyoake-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 Toyoake-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
Minato-Ku いろは町 (22) [Area]16,500,000210,818 JPY/sq.m22.8 yrs15 min75 sq.m
Kasugai-Shi 小野町 (5) [Area]16,000,000212,500 JPY/sq.m26.5 yrs12 min80 sq.m
Minato-Ku 小割通 (8) [Area]16,500,000212,916 JPY/sq.m22.8 yrs12 min75 sq.m
Midori-Ku 黒沢台 (39) [Area]15,000,000213,333 JPY/sq.m21.0 yrs16 min65 sq.m
Anjo-Shi 小堤町 (3) [Area]16,000,000213,333 JPY/sq.m21.0 yrs15 min75 sq.m
JR JR Iida Line (435) [Stations]15,500,000200,000 JPY/sq.m23.3 yrs13 min75 sq.m
Tōkai Transport Service Jōhoku Line Hira (3) [Stations]19,000,000200,000 JPY/sq.m26.0 yrs15 min70 sq.m
Nagoya Subway Sakura-dori Line Kamisawa (185) [Stations]14,000,000200,000 JPY/sq.m25.3 yrs13 min70 sq.m
Meitetsu Mikawa Line Uwagoromo (37) [Stations]14,000,000200,000 JPY/sq.m20.6 yrs12 min80 sq.m
Meitetsu Nagoya Main Line Zenngo (127) [Stations]14,000,000200,000 JPY/sq.m24.0 yrs15 min70 sq.m