Suzuka-Shi Apartment average value

Price 146,947 JPY/sq.m
- Age 21.5 years old
- Dist. from Sta. 16.9 min walk
- Property area 81.5 sq.m

The average price of Mie Suzuka-Shi Apartment, in 2020 was 193,366 JPY/sq.m. The market value represents an increase of 55,681 JPY (+40.4%) compared to 1 year ago and a transition to a dramatic market.

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

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 55.6% of total transactions in 2019 and 44.4% of total transactions in 2020)

Causes of price decreases

  • A some decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.0% of total transactions in 2019 and 18.2% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Suzuka-Shi were calculated using data on the sales of 338 properties provided by the MLIT Japan.

Suzuka-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
中旭が丘4,225,000 JPY60,357 JPY/sq.m4 件
南堀江4,200,000 JPY70,000 JPY/sq.m1 件
南江島町17,615,385 JPY227,352 JPY/sq.m13 件
南玉垣町6,866,667 JPY95,841 JPY/sq.m15 件
大池4,433,333 JPY68,761 JPY/sq.m3 件
寺家6,721,429 JPY90,096 JPY/sq.m14 件
山辺町6,600,000 JPY92,286 JPY/sq.m6 件
岡田16,362,500 JPY192,345 JPY/sq.m8 件
平田新町7,222,222 JPY108,108 JPY/sq.m9 件
平田東町5,500,000 JPY100,000 JPY/sq.m1 件
庄野東4,820,000 JPY69,051 JPY/sq.m5 件
東旭が丘15,856,818 JPY203,319 JPY/sq.m44 件
東磯山5,850,000 JPY94,953 JPY/sq.m10 件
桜島町12,866,667 JPY158,114 JPY/sq.m39 件
江島台16,000,000 JPY174,274 JPY/sq.m10 件
白子9,799,636 JPY137,633 JPY/sq.m55 件
白子本町26,000,000 JPY288,889 JPY/sq.m1 件
白子町7,792,857 JPY118,518 JPY/sq.m28 件
白子駅前15,112,500 JPY196,529 JPY/sq.m16 件
石垣11,622,222 JPY150,453 JPY/sq.m9 件
神戸13,569,697 JPY172,581 JPY/sq.m33 件
竹野7,750,000 JPY113,174 JPY/sq.m10 件
算所15,927,778 JPY190,810 JPY/sq.m18 件
西条11,418,182 JPY154,400 JPY/sq.m11 件
長太旭町5,625,000 JPY71,274 JPY/sq.m4 件
阿古曽町17,937,500 JPY213,333 JPY/sq.m16 件

Suzuka-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 New287,603 JPY/sq.m100 %
Residual Value (10 Years)224,969 JPY/sq.m78 %
Residual Value (20 Years)163,678 JPY/sq.m57 %
Residual Value (20 Years)103,728 JPY/sq.m36 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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 Suzuka-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 Suzuka-Shi 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. Mie Suzuka-Shi 算所 (Suzuka-Shi Hiratachou 13.0 min walk)
20.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-03-01 00:00:00

Trading price:   7,300,000 JPY,    Unit price:   112,308 JPY/sq.m

2. Mie Suzuka-Shi 白子 (Suzuka-Shi Shiroko 13.0 min walk)
23.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: SRC
- Trading date: 2012-03-01 00:00:00

Trading price:   980,000 JPY,    Unit price:   12,250 JPY/sq.m

3. Mie Suzuka-Shi 白子町 (Suzuka-Shi Shiroko 17.0 min walk)
19.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-12-01 00:00:00

Trading price:   5,800,000 JPY,    Unit price:   96,667 JPY/sq.m

4. Mie Suzuka-Shi 江島台 (Suzuka-Shi Shiroko 16.0 min walk)
19.0 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   152,941 JPY/sq.m

5. Mie Suzuka-Shi 桜島町 (Suzuka-Shi Tamagaki 12.0 min walk)
22.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2013-03-01 00:00:00

Trading price:   6,800,000 JPY,    Unit price:   113,333 JPY/sq.m

6. Mie Suzuka-Shi 白子町 (Suzuka-Shi Shiroko 18.0 min walk)
22.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01 00:00:00

Trading price:   8,600,000 JPY,    Unit price:   132,308 JPY/sq.m

7. Mie Suzuka-Shi 白子町 (Suzuka-Shi Shiroko 18.0 min walk)
22.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK+S , Structure: SRC
- Trading date: 2014-09-01 00:00:00

Trading price:   8,800,000 JPY,    Unit price:   146,667 JPY/sq.m

8. Mie Suzuka-Shi 白子町 (Suzuka-Shi Shiroko 18.0 min walk)
22.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   6,200,000 JPY,    Unit price:   103,333 JPY/sq.m

9. Mie Suzuka-Shi 江島台 (Suzuka-Shi Shiroko 16.0 min walk)
18.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-06-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   213,333 JPY/sq.m

10. Mie Suzuka-Shi 東旭が丘 (Suzuka-Shi Tamagaki 18.0 min walk)
19.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-03-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   133,333 JPY/sq.m

11. Mie Suzuka-Shi 白子町 (Suzuka-Shi Shiroko 18.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-06-01 00:00:00

Trading price:   8,700,000 JPY,    Unit price:   124,286 JPY/sq.m

12. Mie Suzuka-Shi 白子 (Suzuka-Shi Shiroko 12.0 min walk)
24.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   4,700,000 JPY,    Unit price:   58,750 JPY/sq.m

13. Mie Suzuka-Shi 白子町 (Suzuka-Shi Shiroko 18.0 min walk)
17.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2009-12-01 00:00:00

Trading price:   6,900,000 JPY,    Unit price:   92,000 JPY/sq.m

14. Mie Suzuka-Shi 白子 (Suzuka-Shi Shiroko 13.0 min walk)
25.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   3,500,000 JPY,    Unit price:   58,333 JPY/sq.m

15. Mie Suzuka-Shi 白子町 (Suzuka-Shi Shiroko 17.0 min walk)
17.3 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   129,412 JPY/sq.m

16. Mie Suzuka-Shi 白子町 (Suzuka-Shi Shiroko 17.0 min walk)
17.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2007-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 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

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

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 55.6% of total transactions in 2019 and 44.4% of total transactions in 2020)

Causes of price decreases

  • A some decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.0% of total transactions in 2019 and 18.2% of total transactions in 2020)
The table below shows Apartment dealt in Mie Suzuka-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 Suzuka-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
Yokkaichi-Shi 北浜田町 (34) [Area]9,400,000142,126 JPY/sq.m26.3 yrs10 min65 sq.m
Kuwana-Shi 中央町 (36) [Area]9,200,000140,000 JPY/sq.m27.0 yrs11 min65 sq.m
Tsu-Shi 東丸之内 (15) [Area]9,000,000138,462 JPY/sq.m21.5 yrs18 min70 sq.m
Yokkaichi-Shi 元新町 (7) [Area]10,950,000156,154 JPY/sq.m20.6 yrs11 min75 sq.m
Yokkaichi-Shi 下之宮町 (10) [Area]9,300,000132,857 JPY/sq.m26.3 yrs13 min70 sq.m
Kintetsu Nagoya Line Shiroko (171) [Stations]10,000,000146,667 JPY/sq.m21.0 yrs23 min75 sq.m
Yokkaichi Asunarou Railway Utsube Line Minamihinaga (4) [Stations]8,500,000114,286 JPY/sq.m21.4 yrs11 min70 sq.m
JR Kansai Main Line Kuwana (238) [Stations]15,000,000200,000 JPY/sq.m23.4 yrs11 min75 sq.m
Other Yoro Railway Line (240) [Stations]15,000,000200,000 JPY/sq.m23.4 yrs11 min75 sq.m
Yoro Railway Line Kuwana (238) [Stations]15,000,000200,000 JPY/sq.m23.4 yrs11 min75 sq.m