Izumi-Ku Apartment average value

Price 260,703 JPY/sq.m
- Age 20.7 years old
- Dist. from Sta. 15.6 min walk
- Property area 64.7 sq.m

The average price of Miyagi Sendai-Shi Izumi-Ku Apartment, in 2020 was 274,271 JPY/sq.m. The market value represents an increase of 10,983 JPY (+4.2%) compared to 1 year ago and a transition to a some market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving small size for a single person households less than 30 sq.m, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in transactions involving relatively old buildings under 40 years old (representing 73.6% of total transactions in 2019 and 61.2% of total transactions in 2020)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.3% of total transactions in 2019 and 2.0% 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 20.0% of total transactions in 2019 and 8.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Izumi-Ku were calculated using data on the sales of 1,144 properties provided by the MLIT Japan.

Izumi-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
七北田12,975,000 JPY195,058 JPY/sq.m53 件
八乙女17,684,694 JPY271,069 JPY/sq.m331 件
八乙女中央16,861,404 JPY267,086 JPY/sq.m209 件
みずほ台17,285,714 JPY235,371 JPY/sq.m66 件
上谷刈18,576,190 JPY250,953 JPY/sq.m42 件
南光台12,337,931 JPY194,564 JPY/sq.m58 件
南光台南9,432,353 JPY166,979 JPY/sq.m34 件
天神沢2,212,683 JPY107,707 JPY/sq.m41 件
将監32,500,000 JPY418,334 JPY/sq.m2 件
市名坂18,166,667 JPY258,639 JPY/sq.m42 件
旭丘堤20,000,000 JPY210,526 JPY/sq.m1 件
本田町2,428,571 JPY120,607 JPY/sq.m28 件
松森11,538,462 JPY167,634 JPY/sq.m65 件
17,125,000 JPY227,181 JPY/sq.m96 件
泉中央21,947,917 JPY335,944 JPY/sq.m156 件
虹の丘11,025,000 JPY168,444 JPY/sq.m20 件
長命ケ丘17,214,286 JPY232,109 JPY/sq.m14 件
高森19,727,273 JPY247,817 JPY/sq.m63 件
高玉町18,638,889 JPY268,147 JPY/sq.m36 件
黒松17,230,000 JPY243,462 JPY/sq.m30 件

Izumi-Ku 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 New514,607 JPY/sq.m100 %
Residual Value (10 Years)362,182 JPY/sq.m70 %
Residual Value (20 Years)260,107 JPY/sq.m51 %
Residual Value (20 Years)208,382 JPY/sq.m40 %
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 Izumi-Ku 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 Izumi-Ku 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. Miyagi Sendai-Shi Izumi-Ku 松森 (Sendai-Shi Kuromatsu 13.0 min walk)
22.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

2. Miyagi Sendai-Shi Izumi-Ku 八乙女 (Sendai-Shi Yaotome 14.0 min walk)
20.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   261,538 JPY/sq.m

3. Miyagi Sendai-Shi Izumi-Ku 七北田 (Sendai-Shi Yaotome 14.0 min walk)
23.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-06-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   153,846 JPY/sq.m

4. Miyagi Sendai-Shi Izumi-Ku 七北田 (Sendai-Shi Yaotome 14.0 min walk)
23.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   276,923 JPY/sq.m

5. Miyagi Sendai-Shi Izumi-Ku 八乙女 (Sendai-Shi Yaotome 12.0 min walk)
23.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

6. Miyagi Sendai-Shi Izumi-Ku 八乙女 (Sendai-Shi Yaotome 13.0 min walk)
20.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   200,000 JPY/sq.m

7. Miyagi Sendai-Shi Izumi-Ku 高玉町 (Sendai-Shi Yaotome 14.0 min walk)
20.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   307,692 JPY/sq.m

8. Miyagi Sendai-Shi Izumi-Ku 八乙女 (Sendai-Shi Yaotome 12.0 min walk)
20.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-03-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 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 small size for a single person households less than 30 sq.m, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in transactions involving relatively old buildings under 40 years old (representing 73.6% of total transactions in 2019 and 61.2% of total transactions in 2020)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.3% of total transactions in 2019 and 2.0% 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 20.0% of total transactions in 2019 and 8.0% of total transactions in 2020)
The table below shows Apartment dealt in Miyagi Sendai-Shi Izumi-Ku, 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 Izumi-Ku

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
Wakabayashi-Ku 三百人町 (10) [Area]14,000,000250,196 JPY/sq.m20.5 yrs13 min62 sq.m
Miyagino-Ku 幸町 (130) [Area]19,500,000275,962 JPY/sq.m21.5 yrs14 min67 sq.m
Taihaku-Ku 砂押南町 (3) [Area]18,000,000276,923 JPY/sq.m24.0 yrs15 min70 sq.m
Taihaku-Ku 鹿野本町 (10) [Area]17,000,000229,670 JPY/sq.m18.3 yrs16 min70 sq.m
仙台市東西線 薬師堂駅 (43) [Stations]16,000,000253,333 JPY/sq.m28.3 yrs10 min70 sq.m
Sendai Subway Namboku Line Yaotome (526) [Stations]17,500,000251,666 JPY/sq.m21.5 yrs10 min70 sq.m
Sendai Subway Namboku Line Izumichuuou (513) [Stations]18,000,000275,000 JPY/sq.m22.3 yrs18 min70 sq.m
Sendai Subway Namboku Line Hirosedoori (130) [Stations]14,500,000286,154 JPY/sq.m24.5 yrs11 min55 sq.m
Sendai Subway Namboku Line Tomizawa (157) [Stations]18,000,000287,820 JPY/sq.m22.3 yrs9 min65 sq.m