Hanamaki-Shi Apartment average value

Price 246,470 JPY/sq.m
- Age 23.5 years old
- Dist. from Sta. 10.6 min walk
- Property area 71.1 sq.m
The market price of Iwate Hanamaki-Shi Apartment is 246,470 JPY/sq.m, and the median price is 230,769 JPY/sq.m.

The average unit price of Apartment in 2014 was increased +19.9% (+46,969JPY/sq.m) compared with 2013.

Data regarding the market value and its changes were calculated using data on the sales of 9 properties provided by the MLIT, Japan.

Hanamaki-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
花城町16,800,000 JPY214,945 JPY/sq.m5 件
西大通り17,500,000 JPY285,877 JPY/sq.m4 件
Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

Hanamaki-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 New437,979 JPY/sq.m100 %
Residual Value (10 Years)341,498 JPY/sq.m78 %
Residual Value (20 Years)254,539 JPY/sq.m58 %
Residual Value (20 Years)177,103 JPY/sq.m40 %
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 Hanamaki-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 Hanamaki-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. Iwate Hanamaki-Shi 西大通り (Hanamaki-Shi Hanamaki 7.0 min walk)
7.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2014-09-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   283,333 JPY/sq.m

2. Iwate Hanamaki-Shi 西大通り (Hanamaki-Shi Hanamaki 7.0 min walk)
6.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2013-12-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   236,364 JPY/sq.m

3. Iwate Hanamaki-Shi 花城町 (Hanamaki-Shi Hanamaki 13.0 min walk)
5.5 years old , Area: 125 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   200,000 JPY/sq.m

4. Iwate Hanamaki-Shi 花城町 (Hanamaki-Shi Hanamaki 13.0 min walk)
4.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m

5. Iwate Hanamaki-Shi 花城町 (Hanamaki-Shi Hanamaki 13.0 min walk)
3.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

6. Iwate Hanamaki-Shi 花城町 (Hanamaki-Shi Hanamaki 13.0 min walk)
3.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-09-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   215,385 JPY/sq.m

7. Iwate Hanamaki-Shi 西大通り (Hanamaki-Shi Hanamaki 8.0 min walk)
1.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-12-01 00:00:00

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

8. Iwate Hanamaki-Shi 西大通り (Hanamaki-Shi Hanamaki 8.0 min walk)
1.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2008-12-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   366,667 JPY/sq.m

9. Iwate Hanamaki-Shi 花城町 (Hanamaki-Shi Hanamaki 13.0 min walk)
, Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-06-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 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

The table below shows Apartment dealt in Iwate Hanamaki-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 Hanamaki-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
Morioka-Shi 大通 (16) [Area]18,000,000240,000 JPY/sq.m14.3 yrs8 min75 sq.m
Morioka-Shi 菜園 (24) [Area]12,500,000239,584 JPY/sq.m29.0 yrs10 min60 sq.m
Morioka-Shi 中央通 (80) [Area]16,000,000254,545 JPY/sq.m23.0 yrs11 min65 sq.m
Hanamaki-Shi 西大通り (4) [Area]17,500,000270,238 JPY/sq.m26.3 yrs7 min60 sq.m
JR JR Kamaishi Line (9) [Stations]15,000,000230,769 JPY/sq.m26.0 yrs13 min65 sq.m
JR Tohoku Main Line Hanamaki (9) [Stations]15,000,000230,769 JPY/sq.m25.5 yrs13 min65 sq.m
JR Kamaishi Line Hanamaki (9) [Stations]15,000,000230,769 JPY/sq.m26.0 yrs13 min65 sq.m