Kawagoe-Cho Apartment average value

Price 169,141 JPY/sq.m
- Age 16.0 years old
- Dist. from Sta. 8.4 min walk
- Property area 67.7 sq.m

The average price of Mie-Gun Kawagoe-Cho Apartment, in 2020 was 274,126 JPY/sq.m. The market value represents an increase of 2,066 JPY (+0.8%) compared to 1 year ago and a transition to a slight market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 6.0 min in 2019 and 4.0 min in 2020; -33.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2019 and 100.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 18.5 years old in 2019 and 23.9 years old in 2020; +29.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2019 and 100.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kawagoe-Cho were calculated using data on the sales of 43 properties provided by the MLIT Japan.

Kawagoe-Cho Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
大字北福崎22,000,000 JPY231,579 JPY/sq.m1 件
大字当新田2,620,000 JPY58,222 JPY/sq.m5 件
大字豊田11,918,750 JPY174,939 JPY/sq.m32 件
大字高松18,800,000 JPY230,461 JPY/sq.m5 件

Kawagoe-Cho 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 New239,366 JPY/sq.m100 %
Residual Value (10 Years)185,260 JPY/sq.m77 %
Residual Value (20 Years)173,679 JPY/sq.m73 %
Residual Value (20 Years)204,625 JPY/sq.m85 %
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 Kawagoe-Cho 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 Kawagoe-Cho 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 Mie-Gun Kawagoe-Cho 大字豊田 (Mie-Gun Kawagoetomisuhara 5.0 min walk)
15.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   171,429 JPY/sq.m

2. Mie Mie-Gun Kawagoe-Cho 大字豊田 (Mie-Gun Kawagoetomisuhara 6.0 min walk)
14.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-09-01 00:00:00

Trading price:   9,400,000 JPY,    Unit price:   134,286 JPY/sq.m

3. Mie Mie-Gun Kawagoe-Cho 大字豊田 (Mie-Gun Kawagoetomisuhara 6.0 min walk)
17.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   187,500 JPY/sq.m

4. Mie Mie-Gun Kawagoe-Cho 大字豊田 (Mie-Gun Kawagoetomisuhara 6.0 min walk)
14.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2009-03-01 00:00:00

Trading price:   6,600,000 JPY,    Unit price:   101,538 JPY/sq.m

5. Mie Mie-Gun Kawagoe-Cho 大字豊田 (Mie-Gun Kawagoetomisuhara 6.0 min walk)
18.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-03-01 00:00:00

Trading price:   3,600,000 JPY,    Unit price:   55,385 JPY/sq.m

6. Mie Mie-Gun Kawagoe-Cho 大字豊田 (Mie-Gun Kawagoetomisuhara 5.0 min walk)
18.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

7. Mie Mie-Gun Kawagoe-Cho 大字豊田 (Mie-Gun Kawagoetomisuhara 6.0 min walk)
13.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 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 relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 6.0 min in 2019 and 4.0 min in 2020; -33.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2019 and 100.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 18.5 years old in 2019 and 23.9 years old in 2020; +29.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2019 and 100.0% of total transactions in 2020)
The table below shows Apartment dealt in Mie-Gun Kawagoe-Cho, 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 Kawagoe-Cho

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
Mie-Gun (46) [Area]11,500,000167,532 JPY/sq.m16.0 yrs6 min70 sq.m
Kawagoe-Cho 大字豊田 (32) [Area]12,000,000171,429 JPY/sq.m16.0 yrs6 min70 sq.m
Mie-Gun Asahi-Cho (3) [Area]6,400,000106,667 JPY/sq.m20.0 yrs8 min60 sq.m
Asahi-Cho 大字小向 (3) [Area]6,400,000106,667 JPY/sq.m20.0 yrs8 min60 sq.m