Miyazaki-Shi Apartment average value

Price 210,260 JPY/sq.m
- Age 19.2 years old
- Dist. from Sta. 16.9 min walk
- Property area 68.6 sq.m

The average price of Miyazaki Miyazaki-Shi Apartment, in 2020 was 214,994 JPY/sq.m. The market value represents a decrease of 1,800 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 locations relatively far from the station less than twenty minutes by foot from the station, as well as a dramatic increase in transactions involving new buildings under 10 years old.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.0% of total transactions in 2019 and 2.9% of total transactions in 2020)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 57.0% of total transactions in 2019 and 55.9% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 1.2% of total transactions in 2019 and 2.9% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.2% of total transactions in 2019 and 2.9% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Miyazaki-Shi were calculated using data on the sales of 1,092 properties provided by the MLIT Japan.

Miyazaki-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
下北方町15,653,061 JPY207,923 JPY/sq.m49 件
下原町25,000,000 JPY357,143 JPY/sq.m1 件
中村東23,000,000 JPY328,571 JPY/sq.m1 件
中村西8,588,889 JPY136,923 JPY/sq.m9 件
中津瀬町14,967,742 JPY196,734 JPY/sq.m31 件
丸山9,300,000 JPY124,000 JPY/sq.m1 件
出来島町16,709,091 JPY234,451 JPY/sq.m11 件
原町12,500,000 JPY166,667 JPY/sq.m2 件
吉村町10,566,667 JPY156,972 JPY/sq.m18 件
吾妻町10,435,556 JPY140,453 JPY/sq.m36 件
和知川原21,055,556 JPY281,813 JPY/sq.m18 件
城ケ崎11,536,000 JPY164,532 JPY/sq.m25 件
大坪町1,666,667 JPY96,667 JPY/sq.m6 件
大塚台東14,400,000 JPY185,179 JPY/sq.m10 件
大塚台西14,875,000 JPY163,092 JPY/sq.m16 件
大塚町11,557,143 JPY161,494 JPY/sq.m28 件
大字恒久14,586,667 JPY175,073 JPY/sq.m30 件
大字芳士11,994,118 JPY154,712 JPY/sq.m17 件
大字赤江3,600,000 JPY111,792 JPY/sq.m24 件
大島町8,126,829 JPY126,645 JPY/sq.m42 件
大工5,914,000 JPY131,520 JPY/sq.m50 件
大橋15,926,667 JPY220,535 JPY/sq.m30 件
天満町1,450,000 JPY72,500 JPY/sq.m4 件
太田16,063,158 JPY209,692 JPY/sq.m19 件
学園木花台北11,271,429 JPY140,612 JPY/sq.m7 件
宮崎駅東19,066,667 JPY233,124 JPY/sq.m15 件
小戸町7,845,454 JPY98,788 JPY/sq.m11 件
川原町30,200,000 JPY317,394 JPY/sq.m10 件
広島17,333,333 JPY205,412 JPY/sq.m27 件
恒久10,433,333 JPY146,877 JPY/sq.m9 件
新城町27,000,000 JPY360,000 JPY/sq.m1 件
6,274,074 JPY126,208 JPY/sq.m29 件
松山14,420,000 JPY192,309 JPY/sq.m3 件
松橋4,800,000 JPY116,214 JPY/sq.m5 件
柳丸町14,788,636 JPY199,118 JPY/sq.m44 件
権現町14,812,500 JPY198,687 JPY/sq.m8 件
橘通東14,823,810 JPY201,384 JPY/sq.m42 件
橘通西13,264,286 JPY181,410 JPY/sq.m14 件
江平中町36,000,000 JPY423,529 JPY/sq.m1 件
江平東12,971,429 JPY182,547 JPY/sq.m21 件
江平東町16,690,000 JPY214,753 JPY/sq.m10 件
江平西14,173,333 JPY190,783 JPY/sq.m15 件
淀川19,125,000 JPY218,215 JPY/sq.m12 件
清武町加納8,450,000 JPY112,667 JPY/sq.m2 件
清武町木原2,000,000 JPY57,143 JPY/sq.m9 件
清水17,700,000 JPY240,564 JPY/sq.m24 件
源藤町10,400,000 JPY134,109 JPY/sq.m6 件
瀬頭12,178,571 JPY169,061 JPY/sq.m28 件
田代町6,296,000 JPY108,326 JPY/sq.m25 件
祇園2,275,000 JPY113,750 JPY/sq.m8 件
神宮13,464,583 JPY187,371 JPY/sq.m49 件
神宮東12,603,125 JPY180,379 JPY/sq.m33 件
神宮西15,533,333 JPY205,254 JPY/sq.m15 件
福島町5,017,647 JPY92,637 JPY/sq.m18 件
老松15,781,579 JPY198,583 JPY/sq.m38 件
船塚15,176,923 JPY227,372 JPY/sq.m13 件
花ケ島町15,250,000 JPY197,141 JPY/sq.m8 件
花殿町21,714,286 JPY301,225 JPY/sq.m7 件
西池町12,688,889 JPY192,677 JPY/sq.m9 件
谷川10,400,000 JPY145,866 JPY/sq.m2 件
錦本町17,800,000 JPY219,853 JPY/sq.m5 件
錦町16,105,263 JPY214,816 JPY/sq.m19 件
霧島20,600,000 JPY276,811 JPY/sq.m5 件
高千穂通24,529,032 JPY315,518 JPY/sq.m31 件
高洲町9,537,500 JPY131,117 JPY/sq.m8 件
鶴島14,800,000 JPY203,558 JPY/sq.m23 件

Miyazaki-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 New418,799 JPY/sq.m100 %
Residual Value (10 Years)292,337 JPY/sq.m70 %
Residual Value (20 Years)197,890 JPY/sq.m47 %
Residual Value (20 Years)135,457 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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When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Miyazaki-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 Miyazaki-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. Miyazaki Miyazaki-Shi 淀川 (Miyazaki-Shi Minamimiyazaki 15.0 min walk)
21.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2020-03-01 00:00:00

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

2. Miyazaki Miyazaki-Shi 橘通西 (Miyazaki-Shi Miyazaki 16.0 min walk)
19.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK
- Trading date: 2017-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

3. Miyazaki Miyazaki-Shi 柳丸町 (Miyazaki-Shi Miyazaki 16.0 min walk)
22.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-03-01 00:00:00

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

4. Miyazaki Miyazaki-Shi 下北方町 (Miyazaki-Shi Miyazakijinnguu 16.0 min walk)
19.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2016-06-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   250,000 JPY/sq.m

5. Miyazaki Miyazaki-Shi 神宮 (Miyazaki-Shi Miyazakijinnguu 15.0 min walk)
22.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   142,857 JPY/sq.m

6. Miyazaki Miyazaki-Shi 神宮西 (Miyazaki-Shi Miyazakijinnguu 15.0 min walk)
19.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2013-03-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   125,000 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, as well as a dramatic increase in transactions involving new buildings under 10 years old.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.0% of total transactions in 2019 and 2.9% of total transactions in 2020)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 57.0% of total transactions in 2019 and 55.9% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 1.2% of total transactions in 2019 and 2.9% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.2% of total transactions in 2019 and 2.9% of total transactions in 2020)
The table below shows Apartment dealt in Miyazaki Miyazaki-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 Miyazaki-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
Miyazaki-Shi 柳丸町 (44) [Area]15,000,000200,000 JPY/sq.m15.5 yrs19 min75 sq.m
Miyazaki-Shi 花ケ島町 (8) [Area]14,000,000200,000 JPY/sq.m20.8 yrs18 min77 sq.m
Miyazaki (1,215) [Area]16,000,000200,000 JPY/sq.m21.0 yrs15 min75 sq.m
Miyazaki-Shi 江平西 (15) [Area]15,000,000186,667 JPY/sq.m18.1 yrs18 min75 sq.m
JR (1,195) [Stations]16,000,000200,000 JPY/sq.m21.0 yrs15 min75 sq.m
JR JR Nippō Main Line (1,171) [Stations]16,000,000200,000 JPY/sq.m21.0 yrs15 min75 sq.m
JR Nippō Main Line Miyazaki (689) [Stations]18,000,000229,670 JPY/sq.m18.0 yrs19 min75 sq.m