Hatsukaichi-Shi Apartment average value

Price 226,614 JPY/sq.m
- Age 23.5 years old
- Dist. from Sta. 9.3 min walk
- Property area 65.6 sq.m

The average price of Hiroshima Hatsukaichi-Shi Apartment, in 2020 was 278,295 JPY/sq.m. The market value represents an increase of 48,017 JPY (+20.9%) 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.

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 22.2% of total transactions in 2019 and 12.5% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Hatsukaichi-Shi were calculated using data on the sales of 317 properties provided by the MLIT Japan.

Hatsukaichi-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
串戸10,225,000 JPY149,905 JPY/sq.m4 件
丸石2,716,667 JPY49,394 JPY/sq.m6 件
住吉14,016,667 JPY193,988 JPY/sq.m6 件
佐方10,233,333 JPY156,444 JPY/sq.m6 件
前空2,551,486 JPY59,620 JPY/sq.m77 件
可愛12,781,250 JPY205,024 JPY/sq.m16 件
地御前8,562,500 JPY126,908 JPY/sq.m8 件
城内23,166,667 JPY263,132 JPY/sq.m6 件
大東8,800,000 JPY139,628 JPY/sq.m4 件
天神3,800,000 JPY253,333 JPY/sq.m1 件
宮内9,448,571 JPY151,789 JPY/sq.m35 件
宮島口17,725,806 JPY253,141 JPY/sq.m31 件
宮島口西18,344,828 JPY260,829 JPY/sq.m29 件
本町12,525,000 JPY188,022 JPY/sq.m4 件
桜尾19,772,000 JPY245,957 JPY/sq.m25 件
阿品23,900,000 JPY323,514 JPY/sq.m76 件
須賀18,916,667 JPY249,834 JPY/sq.m12 件

Hatsukaichi-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 New351,276 JPY/sq.m100 %
Residual Value (10 Years)344,567 JPY/sq.m98 %
Residual Value (20 Years)280,667 JPY/sq.m80 %
Residual Value (20 Years)159,577 JPY/sq.m45 %
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 Hatsukaichi-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 Hatsukaichi-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 Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
23.0 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:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

2. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
22.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   261,538 JPY/sq.m

3. Hiroshima Hatsukaichi-Shi 串戸 (Hatsukaichi-Shi Miyauchikushido 7.0 min walk)
22.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK+S , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   142,857 JPY/sq.m

4. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
22.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   266,667 JPY/sq.m

5. Hiroshima Hatsukaichi-Shi 前空 (Hatsukaichi-Shi Maezora 8.0 min walk)
24.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 1LDK , Structure: SRC
- Trading date: 2009-03-01 00:00:00

Trading price:   2,800,000 JPY,    Unit price:   37,333 JPY/sq.m

6. Hiroshima Hatsukaichi-Shi 串戸 (Hatsukaichi-Shi Miyauchikushido 7.0 min walk)
21.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-09-01 00:00:00

Trading price:   8,900,000 JPY,    Unit price:   118,667 JPY/sq.m

7. Hiroshima Hatsukaichi-Shi 住吉 (Hatsukaichi-Shi Hatsukaichi 9.0 min walk)
21.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   271,429 JPY/sq.m

8. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
24.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   300,000 JPY/sq.m

9. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
24.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   307,692 JPY/sq.m

10. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
20.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   316,667 JPY/sq.m

11. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
20.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   233,333 JPY/sq.m

12. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
20.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   226,667 JPY/sq.m

13. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
19.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

14. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
19.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2015-09-01 00:00:00

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

15. Hiroshima Hatsukaichi-Shi 宮島口西 (Hatsukaichi-Shi Miyajimaguchi 7.0 min walk)
18.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

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

16. Hiroshima Hatsukaichi-Shi 須賀 (Hatsukaichi-Shi Hatsukaichi 7.0 min walk)
18.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2017-09-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   300,000 JPY/sq.m

17. Hiroshima Hatsukaichi-Shi 須賀 (Hatsukaichi-Shi Hatsukaichi 9.0 min walk)
18.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-09-01 00:00:00

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

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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.

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 22.2% of total transactions in 2019 and 12.5% of total transactions in 2020)
The table below shows Apartment dealt in Hiroshima Hatsukaichi-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 Hatsukaichi-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
Higashi-Ku 二葉の里 (12) [Area]8,750,000227,692 JPY/sq.m27.1 yrs11 min62 sq.m
Fukuyama-Shi 延広町 (4) [Area]15,000,000218,572 JPY/sq.m22.3 yrs8 min70 sq.m
Fukuyama-Shi 今町 (7) [Area]14,000,000215,385 JPY/sq.m22.3 yrs9 min65 sq.m
Asaminami-Ku 長束 (43) [Area]15,000,000200,000 JPY/sq.m22.5 yrs10 min70 sq.m
Fukuyama-Shi 紅葉町 (4) [Area]18,500,000256,190 JPY/sq.m22.3 yrs8 min72 sq.m
JR Sanyo Main Line Hatsukaichi (82) [Stations]13,000,000216,667 JPY/sq.m16.8 yrs12 min70 sq.m
Hiroden Miyajima Line Furue (10) [Stations]15,000,000216,666 JPY/sq.m25.9 yrs9 min70 sq.m
JR Kabe Line 河戸帆待川駅 (2) [Stations]14,000,000215,384 JPY/sq.m21.9 yrs12 min65 sq.m
JR Kabe Line Furuichibashi (24) [Stations]16,000,000238,750 JPY/sq.m15.6 yrs8 min70 sq.m
Astram Line Gionnshinnbashikita (34) [Stations]15,000,000239,744 JPY/sq.m22.0 yrs7 min65 sq.m