Yokkaichi-Shi Apartment average value

Price 227,191 JPY/sq.m
- Age 21.5 years old
- Dist. from Sta. 8.4 min walk
- Property area 71.4 sq.m

The average price of Mie Yokkaichi-Shi Apartment, in 2020 was 249,944 JPY/sq.m. The market value represents an increase of 38,706 JPY (+18.3%) compared to 1 year ago and a transition to a bull market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in average age of the building (representing 24.3 years old in 2019 and 21.5 years old in 2020; -11.3%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 68.0% of total transactions in 2019 and 50.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 22.6% of total transactions in 2019 and 15.4% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Yokkaichi-Shi were calculated using data on the sales of 603 properties provided by the MLIT Japan.

Yokkaichi-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三ツ谷東町8,300,000 JPY131,905 JPY/sq.m7 件
三ツ谷町15,333,333 JPY235,897 JPY/sq.m3 件
三栄町23,108,333 JPY311,344 JPY/sq.m12 件
九の城町14,226,667 JPY202,218 JPY/sq.m15 件
十七軒町17,000,000 JPY195,724 JPY/sq.m4 件
万古町9,200,000 JPY122,509 JPY/sq.m19 件
ときわ15,000,000 JPY188,497 JPY/sq.m9 件
下之宮町9,344,444 JPY130,099 JPY/sq.m10 件
中川原9,400,000 JPY126,990 JPY/sq.m5 件
中部10,537,500 JPY159,911 JPY/sq.m16 件
久保田24,666,667 JPY305,664 JPY/sq.m6 件
伊倉24,250,000 JPY236,968 JPY/sq.m4 件
住吉町7,800,000 JPY104,439 JPY/sq.m5 件
元新町10,400,000 JPY142,051 JPY/sq.m7 件
元町22,500,000 JPY254,684 JPY/sq.m6 件
前田町11,519,048 JPY161,490 JPY/sq.m21 件
北浜田町9,288,235 JPY139,442 JPY/sq.m34 件
南浜田町20,500,000 JPY245,556 JPY/sq.m2 件
城北町13,366,667 JPY185,026 JPY/sq.m9 件
城山町23,666,667 JPY338,939 JPY/sq.m3 件
城東町21,740,000 JPY265,756 JPY/sq.m10 件
堀木14,633,333 JPY196,915 JPY/sq.m15 件
大字泊村16,750,000 JPY216,096 JPY/sq.m4 件
天カ須賀15,135,484 JPY207,680 JPY/sq.m31 件
安島16,997,368 JPY207,793 JPY/sq.m38 件
富士町8,362,500 JPY133,595 JPY/sq.m8 件
富田21,629,630 JPY270,639 JPY/sq.m27 件
川原町8,411,765 JPY124,263 JPY/sq.m17 件
平町6,012,500 JPY96,053 JPY/sq.m9 件
幸町25,000,000 JPY312,500 JPY/sq.m1 件
日永8,417,647 JPY112,931 JPY/sq.m17 件
日永西8,275,000 JPY118,214 JPY/sq.m4 件
Asahi-Cho5,433,333 JPY111,630 JPY/sq.m3 件
松原町5,350,000 JPY66,875 JPY/sq.m2 件
栄町27,500,000 JPY366,666 JPY/sq.m2 件
沖の島町13,586,956 JPY209,771 JPY/sq.m23 件
滝川町15,142,857 JPY184,650 JPY/sq.m7 件
石塚町14,500,000 JPY187,084 JPY/sq.m2 件
羽津町5,825,000 JPY129,698 JPY/sq.m4 件
芝田16,000,000 JPY206,462 JPY/sq.m24 件
茂福町8,850,000 JPY126,428 JPY/sq.m2 件
西松本町9,956,250 JPY135,952 JPY/sq.m16 件
西浦6,744,444 JPY101,968 JPY/sq.m13 件
諏訪栄町36,956,522 JPY448,598 JPY/sq.m23 件
諏訪町18,079,487 JPY266,334 JPY/sq.m39 件
釆女町6,361,538 JPY82,835 JPY/sq.m13 件
野田15,333,333 JPY203,869 JPY/sq.m6 件
阿倉川町9,200,000 JPY125,611 JPY/sq.m5 件
陶栄町22,000,000 JPY273,590 JPY/sq.m7 件
鵜の森16,863,889 JPY231,007 JPY/sq.m36 件

Yokkaichi-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 New485,913 JPY/sq.m100 %
Residual Value (10 Years)339,889 JPY/sq.m70 %
Residual Value (20 Years)229,254 JPY/sq.m47 %
Residual Value (20 Years)154,008 JPY/sq.m32 %
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 Yokkaichi-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 Yokkaichi-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 Yokkaichi-Shi 川原町 (Yokkaichi-Shi Kawaramachi 8.0 min walk)
23.8 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:   7,500,000 JPY,    Unit price:   125,000 JPY/sq.m

2. Mie Yokkaichi-Shi 万古町 (Yokkaichi-Shi Akuragawa 8.0 min walk)
23.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   150,000 JPY/sq.m

3. Mie Yokkaichi-Shi 富士町 (Yokkaichi-Shi Kasumigaura 8.0 min walk)
24.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   183,333 JPY/sq.m

4. Mie Yokkaichi-Shi 鵜の森 (Yokkaichi-Shi Kinntetsuyokkaichi 8.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2013-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

5. Mie Yokkaichi-Shi 日永 (Yokkaichi-Shi Minamiyokkaichi 9.0 min walk)
23.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-09-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   62,500 JPY/sq.m

6. Mie Yokkaichi-Shi 川原町 (Yokkaichi-Shi Kawaramachi 8.0 min walk)
22.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-06-01 00:00:00

Trading price:   7,700,000 JPY,    Unit price:   128,333 JPY/sq.m

7. Mie Yokkaichi-Shi 北浜田町 (Yokkaichi-Shi Kinntetsuyokkaichi 7.0 min walk)
24.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-09-01 00:00:00

Trading price:   8,800,000 JPY,    Unit price:   135,385 JPY/sq.m

8. Mie Yokkaichi-Shi 日永 (Yokkaichi-Shi Tomari 8.0 min walk)
21.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-12-01 00:00:00

Trading price:   2,800,000 JPY,    Unit price:   40,000 JPY/sq.m

9. Mie Yokkaichi-Shi 鵜の森 (Yokkaichi-Shi Kinntetsuyokkaichi 8.0 min walk)
21.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: オープンフロア , Structure: SRC
- Trading date: 2010-09-01 00:00:00

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

10. Mie Yokkaichi-Shi 川原町 (Yokkaichi-Shi Kawaramachi 8.0 min walk)
25.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

Trading price:   4,900,000 JPY,    Unit price:   81,667 JPY/sq.m

11. Mie Yokkaichi-Shi 川原町 (Yokkaichi-Shi Kawaramachi 8.0 min walk)
25.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

Trading price:   6,900,000 JPY,    Unit price:   86,250 JPY/sq.m

12. Mie Yokkaichi-Shi 平町 (Yokkaichi-Shi Kawagoetomisuhara 7.0 min walk)
25.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   800,000 JPY,    Unit price:   11,429 JPY/sq.m

13. Mie Yokkaichi-Shi 北浜田町 (Yokkaichi-Shi Kinntetsuyokkaichi 7.0 min walk)
21.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-06-01 00:00:00

Trading price:   9,300,000 JPY,    Unit price:   143,077 JPY/sq.m

14. Mie Yokkaichi-Shi 平町 (Yokkaichi-Shi Kawagoetomisuhara 7.0 min walk)
21.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-06-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   108,333 JPY/sq.m

15. Mie Yokkaichi-Shi 万古町 (Yokkaichi-Shi Akuragawa 9.0 min walk)
25.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   150,000 JPY/sq.m

16. Mie Yokkaichi-Shi 川原町 (Yokkaichi-Shi Kawaramachi 8.0 min walk)
21.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-03-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   120,000 JPY/sq.m

17. Mie Yokkaichi-Shi 三ツ谷東町 (Yokkaichi-Shi Akuragawa 8.0 min walk)
26.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-06-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   108,333 JPY/sq.m

18. Mie Yokkaichi-Shi 北浜田町 (Yokkaichi-Shi Kinntetsuyokkaichi 8.0 min walk)
20.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-12-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   138,462 JPY/sq.m

19. Mie Yokkaichi-Shi 北浜田町 (Yokkaichi-Shi Kinntetsuyokkaichi 7.0 min walk)
26.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-06-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   146,154 JPY/sq.m

20. Mie Yokkaichi-Shi 万古町 (Yokkaichi-Shi Akuragawa 9.0 min walk)
26.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2018-06-01 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 relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in average age of the building (representing 24.3 years old in 2019 and 21.5 years old in 2020; -11.3%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 68.0% of total transactions in 2019 and 50.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 22.6% of total transactions in 2019 and 15.4% of total transactions in 2020)
The table below shows Apartment dealt in Mie Yokkaichi-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 Yokkaichi-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 大字泊村 (4) [Area]17,000,000213,810 JPY/sq.m23.5 yrs9 min77 sq.m
Kuwana-Shi (337) [Area]15,000,000211,765 JPY/sq.m22.6 yrs10 min75 sq.m
Suzuka-Shi 阿古曽町 (16) [Area]18,000,000211,765 JPY/sq.m21.4 yrs10 min85 sq.m
Mie (1,810) [Area]15,000,000210,526 JPY/sq.m20.0 yrs9 min75 sq.m
Suzuka-Shi 算所 (18) [Area]18,000,000210,263 JPY/sq.m21.4 yrs10 min75 sq.m
Kintetsu Kintetsu Nagoya Line (1,312) [Stations]16,000,000213,333 JPY/sq.m20.5 yrs9 min70 sq.m
Kintetsu (1,641) [Stations]16,000,000212,500 JPY/sq.m19.4 yrs9 min75 sq.m
JR JR Kansai Main Line (307) [Stations]15,000,000200,000 JPY/sq.m24.0 yrs10 min75 sq.m
Kintetsu Kintetsu Yunoyama Line (317) [Stations]18,000,000257,143 JPY/sq.m19.4 yrs9 min70 sq.m
Kintetsu Nagoya Line Kinntetsuyokkaichi (261) [Stations]19,000,000271,008 JPY/sq.m19.0 yrs9 min70 sq.m