Tsushima-Shi Apartment average value

Price 129,778 JPY/sq.m
- Age 25.8 years old
- Dist. from Sta. 13.6 min walk
- Property area 71.8 sq.m

The average price of Aichi Tsushima-Shi Apartment, in 2020 was 97,354 JPY/sq.m. The market value represents a decrease of 70,516 JPY (-42.0%) 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

  • An decrease in average distance from the station (representing 13.2 min in 2019 and 11.8 min in 2020; -11.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.9 years old in 2019 and 32.2 years old in 2020; +46.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 60.0% of total transactions in 2019 and 81.8% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Tsushima-Shi were calculated using data on the sales of 163 properties provided by the MLIT Japan.

Tsushima-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
百島町6,614,286 JPY93,215 JPY/sq.m7 件
南門前町7,680,000 JPY115,956 JPY/sq.m5 件
又吉町10,000,000 JPY133,333 JPY/sq.m4 件
城山町7,466,667 JPY102,222 JPY/sq.m6 件
大和町3,900,000 JPY54,177 JPY/sq.m7 件
大字古川2,800,000 JPY48,258 JPY/sq.m2 件
天王通り13,744,444 JPY173,361 JPY/sq.m9 件
愛宕町6,975,000 JPY93,000 JPY/sq.m4 件
柳原町12,284,615 JPY155,456 JPY/sq.m13 件
橘町10,383,333 JPY148,333 JPY/sq.m6 件
江東町6,400,000 JPY94,204 JPY/sq.m2 件
池須町7,283,333 JPY104,864 JPY/sq.m6 件
良王町6,750,000 JPY95,192 JPY/sq.m2 件
藤里町16,857,143 JPY224,393 JPY/sq.m21 件
蛭間町6,620,000 JPY89,500 JPY/sq.m5 件
西愛宕町1,907,895 JPY38,158 JPY/sq.m19 件
金柳町5,875,862 JPY79,806 JPY/sq.m29 件
金町9,687,500 JPY129,482 JPY/sq.m8 件
錦町17,260,000 JPY197,911 JPY/sq.m5 件
青塚町9,933,333 JPY137,778 JPY/sq.m3 件

Tsushima-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 New500,940 JPY/sq.m100 %
Residual Value (10 Years)315,063 JPY/sq.m63 %
Residual Value (20 Years)177,914 JPY/sq.m36 %
Residual Value (20 Years)89,493 JPY/sq.m18 %
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 Tsushima-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 Tsushima-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 Tsushima-Shi 愛宕町 (Tsushima-Shi Tsushima 11.0 min walk)
27.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   4,300,000 JPY,    Unit price:   57,333 JPY/sq.m

2. Aichi Tsushima-Shi 金町 (Tsushima-Shi Tsushima 10.0 min walk)
26.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2018-06-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   100,000 JPY/sq.m

3. Aichi Tsushima-Shi 池須町 (Tsushima-Shi Tsushima 12.0 min walk)
25.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2015-12-01 00:00:00

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

4. Aichi Tsushima-Shi 金町 (Tsushima-Shi Tsushima 10.0 min walk)
28.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   162,500 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 locations relatively far from the station less than twenty minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 13.2 min in 2019 and 11.8 min in 2020; -11.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.9 years old in 2019 and 32.2 years old in 2020; +46.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 60.0% of total transactions in 2019 and 81.8% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Tsushima-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 Tsushima-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
Ama-Shi (216) [Area]9,300,000129,231 JPY/sq.m24.0 yrs15 min70 sq.m
Minato-Ku 新川町 (23) [Area]8,500,000130,667 JPY/sq.m30.0 yrs14 min60 sq.m
Seto-Shi 東安戸町 (7) [Area]9,500,000130,667 JPY/sq.m23.5 yrs11 min75 sq.m
Owariasahi-Shi 瀬戸川町 (4) [Area]9,150,000130,714 JPY/sq.m25.0 yrs11 min70 sq.m
Inazawa-Shi 稲葉 (3) [Area]8,500,000130,769 JPY/sq.m25.6 yrs13 min65 sq.m
JR Iida Line Toyokawa (50) [Stations]8,500,000130,769 JPY/sq.m21.6 yrs13 min70 sq.m
Aichi Loop Line Nakaokazaki (2) [Stations]9,250,000132,143 JPY/sq.m23.0 yrs13 min70 sq.m
Meitetsu Meitetsu Tsushima Line (356) [Stations]10,000,000133,333 JPY/sq.m24.8 yrs13 min70 sq.m
Meitetsu Tokoname Line Ooe (51) [Stations]8,900,000134,121 JPY/sq.m24.6 yrs11 min65 sq.m
Meitetsu Chikko Line Ooe (51) [Stations]8,900,000134,121 JPY/sq.m24.6 yrs11 min65 sq.m