Matsusaka-Shi Apartment average value

Price 212,326 JPY/sq.m
- Age 15.3 years old
- Dist. from Sta. 15.4 min walk
- Property area 77.0 sq.m

The average price of Mie Matsusaka-Shi Apartment, in 2020 was 191,004 JPY/sq.m. The market value represents a decrease of 20,267 JPY (-9.6%) compared to 1 year ago and a transition to a bear market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 21.9 min in 2019 and 9.9 min in 2020; -54.8%)

Causes of price decreases

  • An increase in average age of the building (representing 14.8 years old in 2019 and 16.6 years old in 2020; +12.4%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 10.0% of total transactions in 2019 and 28.6% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Matsusaka-Shi were calculated using data on the sales of 139 properties provided by the MLIT Japan.

Matsusaka-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
中央町21,000,000 JPY286,609 JPY/sq.m6 件
中町7,040,000 JPY96,928 JPY/sq.m6 件
久保町11,666,667 JPY155,555 JPY/sq.m3 件
京町9,000,000 JPY128,571 JPY/sq.m6 件
垣鼻町3,900,000 JPY60,000 JPY/sq.m2 件
大黒田町17,263,158 JPY209,490 JPY/sq.m19 件
嬉野中川新町20,909,091 JPY276,667 JPY/sq.m11 件
川井町16,632,558 JPY208,649 JPY/sq.m43 件
新座町9,800,000 JPY150,769 JPY/sq.m5 件
本町21,625,000 JPY282,734 JPY/sq.m8 件
殿町22,500,000 JPY236,842 JPY/sq.m2 件
湊町14,784,210 JPY195,262 JPY/sq.m19 件
西之庄町20,714,286 JPY216,840 JPY/sq.m7 件
駅部田町10,250,000 JPY144,359 JPY/sq.m2 件

Matsusaka-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 New296,911 JPY/sq.m100 %
Residual Value (10 Years)255,601 JPY/sq.m86 %
Residual Value (20 Years)193,757 JPY/sq.m65 %
Residual Value (20 Years)111,380 JPY/sq.m38 %
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 Matsusaka-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 Matsusaka-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 Matsusaka-Shi 中央町 (Matsusaka-Shi Matsusaka 10.0 min walk)
12.3 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2020-06-01 00:00:00

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

2. Mie Matsusaka-Shi 中央町 (Matsusaka-Shi Matsusaka 10.0 min walk)
12.0 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-03-01 00:00:00

Trading price:   26,000,000 JPY,    Unit price:   305,882 JPY/sq.m

3. Mie Matsusaka-Shi 湊町 (Matsusaka-Shi Matsusaka 7.0 min walk)
13.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   186,667 JPY/sq.m

4. Mie Matsusaka-Shi 湊町 (Matsusaka-Shi Matsusaka 7.0 min walk)
15.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-09-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   250,000 JPY/sq.m

5. Mie Matsusaka-Shi 湊町 (Matsusaka-Shi Matsusaka 7.0 min walk)
11.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   173,333 JPY/sq.m

6. Mie Matsusaka-Shi 湊町 (Matsusaka-Shi Matsusaka 8.0 min walk)
11.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-03-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   275,000 JPY/sq.m

7. Mie Matsusaka-Shi 湊町 (Matsusaka-Shi Matsusaka 8.0 min walk)
10.8 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   188,235 JPY/sq.m

8. Mie Matsusaka-Shi 湊町 (Matsusaka-Shi Matsusaka 8.0 min walk)
10.5 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-09-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   247,059 JPY/sq.m

9. Mie Matsusaka-Shi 湊町 (Matsusaka-Shi Matsusaka 7.0 min walk)
9.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: SRC
- Trading date: 2012-12-01 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

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 21.9 min in 2019 and 9.9 min in 2020; -54.8%)

Causes of price decreases

  • An increase in average age of the building (representing 14.8 years old in 2019 and 16.6 years old in 2020; +12.4%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 10.0% of total transactions in 2019 and 28.6% of total transactions in 2020)
The table below shows Apartment dealt in Mie Matsusaka-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 Matsusaka-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
Suzuka-Shi 阿古曽町 (16) [Area]18,000,000211,765 JPY/sq.m21.4 yrs10 min85 sq.m
Suzuka-Shi 算所 (18) [Area]18,000,000210,263 JPY/sq.m21.4 yrs10 min75 sq.m
Suzuka-Shi 岡田 (8) [Area]17,500,000205,882 JPY/sq.m21.4 yrs10 min85 sq.m
Kuwana-Shi 大字江場 (8) [Area]14,500,000223,077 JPY/sq.m11.5 yrs14 min65 sq.m
JR JR Meishō Line (121) [Stations]16,500,000213,333 JPY/sq.m14.3 yrs10 min75 sq.m
JR Meishō Line Matsusaka (121) [Stations]16,500,000213,333 JPY/sq.m14.3 yrs10 min75 sq.m
JR Kisei Main Line Matsusaka (121) [Stations]16,500,000213,333 JPY/sq.m14.3 yrs10 min75 sq.m
Kintetsu Yamada Line Matsusaka (121) [Stations]16,500,000213,333 JPY/sq.m14.3 yrs10 min75 sq.m
Sangi Railway Sangi Railway Line (30) [Stations]14,500,000200,000 JPY/sq.m12.4 yrs10 min80 sq.m