Fukuyama-Shi Apartment average value

Price 232,506 JPY/sq.m
- Age 21.5 years old
- Dist. from Sta. 16.8 min walk
- Property area 66.2 sq.m

The average price of Hiroshima Fukuyama-Shi Apartment, in 2020 was 280,021 JPY/sq.m. The market value represents an increase of 44,477 JPY (+18.9%) compared to 1 year ago and a transition to a bull market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 52.9% of total transactions in 2019 and 33.3% of total transactions in 2020)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.2% of total transactions in 2019 and 14.3% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 5.9% of total transactions in 2019 and 19.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Fukuyama-Shi were calculated using data on the sales of 793 properties provided by the MLIT Japan.

Fukuyama-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三之丸町25,840,000 JPY363,289 JPY/sq.m25 件
三吉町16,318,182 JPY215,263 JPY/sq.m11 件
丸之内22,147,059 JPY285,911 JPY/sq.m34 件
今町16,000,000 JPY247,726 JPY/sq.m7 件
光南町18,550,000 JPY244,286 JPY/sq.m20 件
入船町13,473,333 JPY189,352 JPY/sq.m15 件
北吉津町20,611,905 JPY244,790 JPY/sq.m42 件
北本庄16,000,000 JPY214,444 JPY/sq.m4 件
南手城町8,193,333 JPY118,960 JPY/sq.m15 件
南本庄20,500,000 JPY279,603 JPY/sq.m4 件
南蔵王町18,786,364 JPY236,530 JPY/sq.m44 件
地吹町10,425,000 JPY145,174 JPY/sq.m4 件
城見町18,916,667 JPY239,083 JPY/sq.m12 件
多治米町9,333,333 JPY166,498 JPY/sq.m9 件
大黒町14,500,000 JPY193,334 JPY/sq.m2 件
奈良津町9,512,500 JPY147,232 JPY/sq.m8 件
宝町12,716,667 JPY224,618 JPY/sq.m18 件
山手町10,750,000 JPY116,082 JPY/sq.m4 件
延広町14,500,000 JPY220,000 JPY/sq.m4 件
引野町9,870,000 JPY138,117 JPY/sq.m40 件
御船町13,500,000 JPY207,692 JPY/sq.m6 件
御門町8,419,231 JPY193,317 JPY/sq.m26 件
新涯町21,166,667 JPY302,234 JPY/sq.m6 件
日吉台6,533,333 JPY102,348 JPY/sq.m9 件
春日町14,843,333 JPY202,855 JPY/sq.m30 件
曙町6,130,000 JPY101,686 JPY/sq.m10 件
木之庄町13,027,027 JPY190,955 JPY/sq.m37 件
東吉津町13,937,500 JPY175,599 JPY/sq.m8 件
東桜町31,620,690 JPY376,256 JPY/sq.m58 件
東深津町13,052,632 JPY186,252 JPY/sq.m19 件
東町11,620,000 JPY202,778 JPY/sq.m15 件
松永町16,500,000 JPY226,259 JPY/sq.m6 件
水呑町7,006,667 JPY106,264 JPY/sq.m15 件
沖野上町13,453,333 JPY195,601 JPY/sq.m30 件
港町18,473,684 JPY256,968 JPY/sq.m19 件
神辺町19,000,000 JPY260,891 JPY/sq.m20 件
笠岡町15,850,000 JPY223,263 JPY/sq.m10 件
紅葉町18,750,000 JPY260,238 JPY/sq.m4 件
緑町25,833,333 JPY343,039 JPY/sq.m6 件
花園町14,400,000 JPY205,714 JPY/sq.m5 件
若松町18,666,667 JPY259,150 JPY/sq.m15 件
草戸町5,000,000 JPY90,909 JPY/sq.m2 件
西桜町15,272,727 JPY217,632 JPY/sq.m11 件
西深津町15,500,000 JPY180,000 JPY/sq.m2 件
西町5,930,392 JPY137,249 JPY/sq.m52 件
道三町14,766,667 JPY213,700 JPY/sq.m6 件
野上町14,274,194 JPY192,974 JPY/sq.m31 件
霞町11,436,364 JPY188,275 JPY/sq.m11 件

Fukuyama-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 New428,577 JPY/sq.m100 %
Residual Value (10 Years)316,750 JPY/sq.m74 %
Residual Value (20 Years)230,049 JPY/sq.m54 %
Residual Value (20 Years)168,475 JPY/sq.m39 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Fukuyama-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 Fukuyama-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. Hiroshima Fukuyama-Shi 引野町 (Fukuyama-Shi Higashifukuyama 14.0 min walk)
22.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   114,286 JPY/sq.m

2. Hiroshima Fukuyama-Shi 道三町 (Fukuyama-Shi Fukuyama 14.0 min walk)
22.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-12-01 00:00:00

Trading price:   9,700,000 JPY,    Unit price:   138,571 JPY/sq.m

3. Hiroshima Fukuyama-Shi 地吹町 (Fukuyama-Shi Fukuyama 16.0 min walk)
23.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2010-03-01 00:00:00

Trading price:   9,200,000 JPY,    Unit price:   122,667 JPY/sq.m

4. Hiroshima Fukuyama-Shi 道三町 (Fukuyama-Shi Fukuyama 14.0 min walk)
21.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   9,900,000 JPY,    Unit price:   141,429 JPY/sq.m

5. Hiroshima Fukuyama-Shi 道三町 (Fukuyama-Shi Fukuyama 14.0 min walk)
23.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   257,143 JPY/sq.m

6. Hiroshima Fukuyama-Shi 御門町 (Fukuyama-Shi Fukuyama 16.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2015-03-01 00:00:00

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

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- 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 older buildings over 40 years old, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 52.9% of total transactions in 2019 and 33.3% of total transactions in 2020)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.2% of total transactions in 2019 and 14.3% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 5.9% of total transactions in 2019 and 19.0% of total transactions in 2020)
The table below shows Apartment dealt in Hiroshima Fukuyama-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 Fukuyama-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
Fukuyama-Shi 南蔵王町 (44) [Area]20,000,000241,428 JPY/sq.m22.3 yrs18 min75 sq.m
Onomichi-Shi 栗原西 (12) [Area]14,000,000206,666 JPY/sq.m18.8 yrs14 min65 sq.m
Fukuyama-Shi 道三町 (6) [Area]13,500,000201,099 JPY/sq.m21.1 yrs13 min70 sq.m
Fukuyama-Shi 神辺町 (20) [Area]20,000,000264,584 JPY/sq.m22.3 yrs14 min75 sq.m
JR Sanyo Main Line Fukuyama (607) [Stations]15,500,000236,813 JPY/sq.m23.3 yrs15 min67 sq.m
JR Fukuen Line Fukuyama (607) [Stations]15,500,000236,813 JPY/sq.m23.3 yrs15 min67 sq.m
Sanyo Shinkansen Fukuyama (607) [Stations]15,500,000236,813 JPY/sq.m23.3 yrs15 min67 sq.m
JR JR Fukuen Line (634) [Stations]16,000,000246,154 JPY/sq.m22.0 yrs15 min70 sq.m
JR (5,414) [Stations]18,000,000271,429 JPY/sq.m21.5 yrs18 min70 sq.m