Ise-Shi Apartment average value

Price 193,500 JPY/sq.m
- Age 15.2 years old
- Dist. from Sta. 8.6 min walk
- Property area 68.3 sq.m

The average price of Mie Ise-Shi Apartment, in 2020 was 19,500 JPY/sq.m. The market value represents a decrease of 239,690 JPY (-92.5%) compared to 1 year ago and a transition to a dramatic market.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 10.2 min in 2019 and 6.0 min in 2020; -41.5%)
Data regarding the market value and its changes of Apartment in Ise-Shi were calculated using data on the sales of 33 properties provided by the MLIT Japan.

Ise-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
一之木21,250,000 JPY276,208 JPY/sq.m4 件
吹上1,688,000 JPY42,617 JPY/sq.m14 件
岡本20,000,000 JPY235,294 JPY/sq.m1 件
岩渕23,250,000 JPY284,166 JPY/sq.m4 件
船江21,600,000 JPY261,197 JPY/sq.m10 件

Ise-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 New270,940 JPY/sq.m100 %
Residual Value (10 Years)269,010 JPY/sq.m99 %
Residual Value (20 Years)210,039 JPY/sq.m78 %
Residual Value (20 Years)94,028 JPY/sq.m35 %
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 Ise-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 Ise-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. Mie Ise-Shi 船江 (Ise-Shi Iseshi 11.0 min walk)
12.0 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   235,294 JPY/sq.m

2. Mie Ise-Shi 吹上 (Ise-Shi Ujiyamada 11.0 min walk)
11.5 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   258,824 JPY/sq.m

3. Mie Ise-Shi 船江 (Ise-Shi Iseshi 10.0 min walk)
13.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   266,667 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

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 10.2 min in 2019 and 6.0 min in 2020; -41.5%)
The table below shows Apartment dealt in Mie Ise-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 Ise-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
Matsusaka-Shi 湊町 (19) [Area]15,000,000188,235 JPY/sq.m13.3 yrs8 min75 sq.m
Yokkaichi-Shi 石塚町 (2) [Area]14,500,000187,084 JPY/sq.m13.8 yrs10 min77 sq.m
Matsusaka-Shi (139) [Area]17,000,000213,333 JPY/sq.m13.9 yrs10 min75 sq.m
Suzuka-Shi 南江島町 (13) [Area]17,000,000214,286 JPY/sq.m12.3 yrs9 min80 sq.m
Yokkaichi-Shi 鵜の森 (36) [Area]16,000,000220,952 JPY/sq.m16.3 yrs8 min70 sq.m
Ise iron Isesen Tamagaki (14) [Stations]14,500,000193,750 JPY/sq.m14.5 yrs10 min75 sq.m
Kintetsu Suzuka Line Hiratachou (60) [Stations]16,000,000188,235 JPY/sq.m12.4 yrs10 min75 sq.m
Sangi Railway (33) [Stations]14,000,000187,500 JPY/sq.m12.8 yrs9 min75 sq.m
Kintetsu Nagoya Line Kawagoetomisuhara (82) [Stations]13,000,000185,714 JPY/sq.m15.4 yrs7 min70 sq.m
Kintetsu Nagoya Line Kawaramachi (37) [Stations]14,000,000185,714 JPY/sq.m15.3 yrs8 min75 sq.m