Iwate Apartment average value

Price 228,544 JPY/sq.m
- Age 23.5 years old
- Dist. from Sta. 20.8 min walk
- Property area 57.2 sq.m
The market price of Iwate Apartment is 228,544 JPY/sq.m, and the median price is 225,000 JPY/sq.m.

The average unit price of Apartment in 2020 was increased +12.8% (+27,892JPY/sq.m) compared with 2019.

Data regarding the market value and its changes were calculated using data on the sales of 1,360 properties provided by the MLIT, Japan.

Iwate Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
Morioka-Shi13,776,823 JPY222,767 JPY/sq.m1,279 件
Hanamaki-Shi17,111,111 JPY246,470 JPY/sq.m9 件
Ichinoseki-Shi22,045,454 JPY311,312 JPY/sq.m47 件
Oshu-Shi18,456,000 JPY270,142 JPY/sq.m25 件
StationsAverage Trading PriceAverage Unit Price#
JR14,487,019 JPY230,095 JPY/sq.m1,323 件
・大船渡線22,045,454 JPY311,312 JPY/sq.m47 件
・山田線14,001,449 JPY227,487 JPY/sq.m1,116 件
・東北本線14,772,277 JPY234,114 JPY/sq.m1,256 件
・田沢湖線13,938,261 JPY226,914 JPY/sq.m1,129 件
・釜石線17,111,111 JPY246,470 JPY/sq.m9 件
Shinkansen14,733,867 JPY235,423 JPY/sq.m1,140 件
・東北14,832,796 JPY236,798 JPY/sq.m1,136 件
・秋田14,028,363 JPY228,100 JPY/sq.m1,093 件
Other13,991,040 JPY227,659 JPY/sq.m1,120 件
・いわて銀河鉄道線13,991,040 JPY227,659 JPY/sq.m1,120 件

Iwate 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:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Iwate 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 Iwate 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. Iwate 盛岡市 本町通 (N/A N/A 17.0 min walk)
27.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   9,800,000 JPY,    Unit price:   163,333 JPY/sq.m

2. Iwate Oshu-Shi 水沢 (Oshu-Shi Mizusawa 19.0 min walk)
25.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-03-01 00:00:00

Trading price:   3,200,000 JPY,    Unit price:   53,333 JPY/sq.m

3. Iwate Morioka-Shi 津志田中央 (Morioka-Shi Iwateiioka 17.0 min walk)
24.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Structure: SRC
- Trading date: 2016-12-01 00:00:00

Trading price:   9,600,000 JPY,    Unit price:   147,692 JPY/sq.m

{{$index+1}}. {{item.place}} ({{item.stations[0]}} {{item.station_distance}} min walk)
{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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

The table below shows Apartment dealt in Iwate, 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 Iwate

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
鹿児島市 住吉町 (5) [Area]13,000,000228,571 JPY/sq.m25.0 yrs18 min55 sq.m
泉区 中田西 (4) [Area]13,000,000228,788 JPY/sq.m25.8 yrs17 min57 sq.m
尼崎市 食満 (28) [Area]14,000,000229,670 JPY/sq.m21.5 yrs19 min65 sq.m
木更津市 貝渕 (4) [Area]16,500,000230,000 JPY/sq.m24.8 yrs19 min67 sq.m
弘前市 大字下白銀町 (3) [Area]15,000,000230,769 JPY/sq.m28.0 yrs20 min65 sq.m
Shinkansen (473) [Stations]16,000,000228,571 JPY/sq.m19.5 yrs19 min65 sq.m
JR JR Takayama Main Line (477) [Stations]16,000,000228,571 JPY/sq.m19.5 yrs19 min65 sq.m
JR Takayama Main Line Toyama (473) [Stations]16,000,000228,571 JPY/sq.m19.5 yrs19 min65 sq.m
Ainokaze Toyama Railway Toyama (473) [Stations]16,000,000228,571 JPY/sq.m19.5 yrs19 min65 sq.m
Toyama Light Rail Toyamakō Line Toyama (473) [Stations]16,000,000228,571 JPY/sq.m19.5 yrs19 min65 sq.m