Miyagino-Ku Apartment average value

Price 290,253 JPY/sq.m
- Age 22.0 years old
- Dist. from Sta. 9.8 min walk
- Property area 64.1 sq.m

The average price of Miyagi Sendai-Shi Miyagino-Ku Apartment, in 2020 was 307,101 JPY/sq.m. The market value represents an increase of 59,886 JPY (+24.2%) 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 nearly new buildings under 3 years old, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 26.9 years old in 2019 and 21.2 years old in 2020; -21.3%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 1.1% of total transactions in 2019 and 13.6% of total transactions in 2020)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 20.6% of total transactions in 2019 and 31.5% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 8.2% of total transactions in 2019 and 2.2% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Miyagino-Ku were calculated using data on the sales of 1,707 properties provided by the MLIT Japan.

Miyagino-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
二の森15,878,571 JPY229,734 JPY/sq.m14 件
五輪10,023,377 JPY162,380 JPY/sq.m77 件
二十人町35,615,385 JPY485,949 JPY/sq.m13 件
中野13,861,905 JPY181,030 JPY/sq.m21 件
仙石9,095,000 JPY128,313 JPY/sq.m20 件
元寺小路27,000,000 JPY415,385 JPY/sq.m1 件
出花10,750,000 JPY161,054 JPY/sq.m18 件
原町16,224,000 JPY284,571 JPY/sq.m84 件
名掛丁23,000,000 JPY391,964 JPY/sq.m2 件
大梶14,733,333 JPY217,319 JPY/sq.m98 件
安養寺10,950,000 JPY159,670 JPY/sq.m7 件
宮千代15,157,692 JPY209,628 JPY/sq.m26 件
宮城野14,281,482 JPY210,411 JPY/sq.m54 件
小田原21,809,524 JPY339,388 JPY/sq.m71 件
小田原山本丁14,426,667 JPY260,195 JPY/sq.m15 件
小田原弓ノ町27,384,615 JPY387,038 JPY/sq.m13 件
岩切16,485,714 JPY221,495 JPY/sq.m21 件
岩切分台27,000,000 JPY326,923 JPY/sq.m6 件
平成12,830,769 JPY201,736 JPY/sq.m13 件
幸町18,958,333 JPY267,110 JPY/sq.m130 件
新田17,831,915 JPY273,488 JPY/sq.m167 件
新田東27,909,091 JPY367,174 JPY/sq.m81 件
東仙台18,291,176 JPY247,335 JPY/sq.m34 件
東宮城野24,125,000 JPY324,593 JPY/sq.m8 件
枡江12,400,000 JPY211,293 JPY/sq.m7 件
15,436,842 JPY229,463 JPY/sq.m38 件
榴ケ岡33,620,690 JPY460,869 JPY/sq.m52 件
榴岡25,737,500 JPY396,048 JPY/sq.m109 件
清水沼14,000,000 JPY184,874 JPY/sq.m5 件
燕沢9,900,000 JPY147,018 JPY/sq.m9 件
田子12,473,333 JPY178,178 JPY/sq.m15 件
白鳥8,674,074 JPY145,226 JPY/sq.m54 件
福住町7,200,000 JPY122,765 JPY/sq.m4 件
福室18,775,472 JPY276,754 JPY/sq.m222 件
福田町11,436,842 JPY184,460 JPY/sq.m57 件
苦竹11,216,197 JPY171,808 JPY/sq.m71 件
萩野町9,420,000 JPY164,945 JPY/sq.m80 件
西宮城野12,822,222 JPY235,322 JPY/sq.m27 件
車町43,000,000 JPY573,334 JPY/sq.m2 件
鉄砲町15,768,421 JPY238,082 JPY/sq.m38 件
鉄砲町東18,440,000 JPY272,990 JPY/sq.m10 件
鉄砲町西28,000,000 JPY425,846 JPY/sq.m5 件
銀杏町18,000,000 JPY240,000 JPY/sq.m1 件
高砂16,536,000 JPY242,004 JPY/sq.m25 件
鶴ケ谷12,772,727 JPY205,486 JPY/sq.m11 件

Miyagino-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 New549,504 JPY/sq.m100 %
Residual Value (10 Years)394,566 JPY/sq.m72 %
Residual Value (20 Years)281,393 JPY/sq.m51 %
Residual Value (20 Years)209,983 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 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 Miyagino-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 Miyagino-Ku 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. Miyagi Sendai-Shi Miyagino-Ku 平成 (Sendai-Shi Nigatake 9.0 min walk)
23.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   250,000 JPY/sq.m

2. Miyagi Sendai-Shi Miyagino-Ku 新田 (Sendai-Shi Kodurushinndenn 9.0 min walk)
24.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   200,000 JPY/sq.m

3. Miyagi Sendai-Shi Miyagino-Ku 平成 (Sendai-Shi Nigatake 9.0 min walk)
24.3 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:   14,000,000 JPY,    Unit price:   215,385 JPY/sq.m

4. Miyagi Sendai-Shi Miyagino-Ku 平成 (Sendai-Shi Nigatake 9.0 min walk)
25.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-03-01 00:00:00

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

5. Miyagi Sendai-Shi Miyagino-Ku 西宮城野 (Sendai-Shi Tsutsujigaoka 9.0 min walk)
22.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   300,000 JPY/sq.m

6. Miyagi Sendai-Shi Miyagino-Ku 新田 (Sendai-Shi Kodurushinndenn 9.0 min walk)
25.3 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:   18,000,000 JPY,    Unit price:   300,000 JPY/sq.m

7. Miyagi Sendai-Shi Miyagino-Ku 新田 (Sendai-Shi Kodurushinndenn 9.0 min walk)
25.3 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:   20,000,000 JPY,    Unit price:   307,692 JPY/sq.m

8. Miyagi Sendai-Shi Miyagino-Ku 西宮城野 (Sendai-Shi Tsutsujigaoka 9.0 min walk)
25.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK
- Trading date: 2020-06-01 00:00:00

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

9. Miyagi Sendai-Shi Miyagino-Ku 西宮城野 (Sendai-Shi N/A 9.0 min walk)
25.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-06-01 00:00:00

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

10. Miyagi Sendai-Shi Miyagino-Ku 平成 (Sendai-Shi Nigatake 9.0 min walk)
25.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

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

11. Miyagi Sendai-Shi Miyagino-Ku 新田 (Sendai-Shi Nigatake 9.0 min walk)
22.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK
- Trading date: 2020-06-01 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 nearly new buildings under 3 years old, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 26.9 years old in 2019 and 21.2 years old in 2020; -21.3%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 1.1% of total transactions in 2019 and 13.6% of total transactions in 2020)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 20.6% of total transactions in 2019 and 31.5% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 8.2% of total transactions in 2019 and 2.2% of total transactions in 2020)
The table below shows Apartment dealt in Miyagi Sendai-Shi Miyagino-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 Miyagino-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 弓ノ町 (2) [Area]15,000,000285,454 JPY/sq.m19.1 yrs10 min52 sq.m
Taihaku-Ku 富沢 (78) [Area]17,500,000274,825 JPY/sq.m20.5 yrs11 min65 sq.m
Taihaku-Ku 鹿野 (102) [Area]21,000,000309,091 JPY/sq.m22.8 yrs8 min70 sq.m
Izumi-Ku 八乙女 (331) [Area]18,000,000270,834 JPY/sq.m22.0 yrs8 min65 sq.m
Sendai-Shi Aoba-Ku (4,429) [Area]16,000,000270,294 JPY/sq.m25.0 yrs8 min65 sq.m
Sendai Subway Namboku Line Nagamachiicchoume (169) [Stations]17,000,000290,000 JPY/sq.m23.0 yrs8 min62 sq.m
Sendai Subway Namboku Line Tomizawa (157) [Stations]18,000,000287,820 JPY/sq.m22.3 yrs9 min65 sq.m
仙台市営 仙台市東西線 (1,612) [Stations]17,000,000292,820 JPY/sq.m25.8 yrs8 min65 sq.m
Sendai Subway Namboku Line Hirosedoori (130) [Stations]14,500,000286,154 JPY/sq.m24.5 yrs11 min55 sq.m
仙台市営 (7,155) [Stations]17,000,000280,000 JPY/sq.m24.3 yrs8 min65 sq.m