Beppu-Shi Apartment average value

Price 159,503 JPY/sq.m
- Age 25.0 years old
- Dist. from Sta. 18.6 min walk
- Property area 68.5 sq.m

The average price of Oita Beppu-Shi Apartment, in 2020 was 164,513 JPY/sq.m. The market value represents an increase of 4,158 JPY (+2.6%) 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 relatively old buildings under 40 years old.

Cause of price increases

  • An decrease in average distance from the station (representing 19.5 min in 2019 and 17.2 min in 2020; -12.1%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 53.8% of total transactions in 2019 and 69.6% 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 13.5% of total transactions in 2019 and 4.2% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Beppu-Shi were calculated using data on the sales of 783 properties provided by the MLIT Japan.

Beppu-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
千代町20,000,000 JPY222,222 JPY/sq.m2 件
上人ケ浜町7,660,000 JPY116,082 JPY/sq.m10 件
上田の湯町14,237,500 JPY196,469 JPY/sq.m16 件
上野口町6,900,000 JPY92,000 JPY/sq.m10 件
中島町11,666,667 JPY179,487 JPY/sq.m3 件
亀川四の湯町11,608,333 JPY149,758 JPY/sq.m12 件
光町5,000,000 JPY76,923 JPY/sq.m1 件
内竈7,366,667 JPY100,064 JPY/sq.m3 件
原町6,500,000 JPY110,238 JPY/sq.m7 件
大字別府5,880,000 JPY94,428 JPY/sq.m5 件
大字南立石10,417,820 JPY129,503 JPY/sq.m78 件
大字鉄輪13,336,111 JPY339,284 JPY/sq.m144 件
平田町11,242,857 JPY142,405 JPY/sq.m7 件
幸町15,500,000 JPY188,574 JPY/sq.m10 件
新港町17,041,667 JPY168,296 JPY/sq.m12 件
浜町3,025,000 JPY75,625 JPY/sq.m12 件
浜脇14,888,889 JPY149,314 JPY/sq.m9 件
田の湯町16,650,000 JPY248,528 JPY/sq.m6 件
石垣東13,031,818 JPY206,758 JPY/sq.m188 件
石垣西9,918,750 JPY136,029 JPY/sq.m16 件
秋葉町11,344,118 JPY153,828 JPY/sq.m34 件
若草町4,950,000 JPY130,000 JPY/sq.m4 件
西野口町16,803,226 JPY211,644 JPY/sq.m31 件
野口中町24,400,000 JPY254,723 JPY/sq.m10 件
野口元町5,273,913 JPY132,594 JPY/sq.m23 件
野田2,446,154 JPY66,636 JPY/sq.m13 件
青山町24,500,000 JPY270,500 JPY/sq.m10 件
餅ケ浜町17,333,333 JPY207,587 JPY/sq.m9 件
駅前本町3,662,500 JPY122,083 JPY/sq.m8 件
鶴見11,891,892 JPY147,259 JPY/sq.m37 件

Beppu-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 New332,969 JPY/sq.m100 %
Residual Value (10 Years)261,054 JPY/sq.m78 %
Residual Value (20 Years)195,626 JPY/sq.m59 %
Residual Value (20 Years)136,684 JPY/sq.m41 %
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 Beppu-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 Beppu-Shi 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. Oita Beppu-Shi 石垣東 (Beppu-Shi Beppudaigaku 20.0 min walk)
28.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

2. Oita Beppu-Shi 石垣東 (Beppu-Shi Beppudaigaku 20.0 min walk)
28.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-06-01 00:00:00

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

3. Oita Beppu-Shi 石垣西 (Beppu-Shi Beppudaigaku 20.0 min walk)
30.0 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:   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, as well as a dramatic increase in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • An decrease in average distance from the station (representing 19.5 min in 2019 and 17.2 min in 2020; -12.1%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 53.8% of total transactions in 2019 and 69.6% 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 13.5% of total transactions in 2019 and 4.2% of total transactions in 2020)
The table below shows Apartment dealt in Oita Beppu-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 Beppu-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
Oita (2,779) [Area]12,000,000166,667 JPY/sq.m26.3 yrs16 min70 sq.m
Oita-Shi 大字古国府 (38) [Area]11,500,000148,334 JPY/sq.m20.8 yrs15 min75 sq.m
Oita-Shi (1,996) [Area]13,000,000175,000 JPY/sq.m25.0 yrs16 min70 sq.m
Oita-Shi 上野丘 (15) [Area]11,000,000137,500 JPY/sq.m22.8 yrs15 min70 sq.m
JR (2,751) [Stations]12,000,000166,667 JPY/sq.m26.3 yrs16 min70 sq.m
JR JR Nippō Main Line (2,531) [Stations]11,000,000166,667 JPY/sq.m26.3 yrs16 min70 sq.m
JR Kyūdai Main Line Minamiooita (82) [Stations]14,000,000170,877 JPY/sq.m27.1 yrs16 min72 sq.m
JR Nippō Main Line Beppudaigaku (315) [Stations]8,400,000140,416 JPY/sq.m27.8 yrs20 min70 sq.m
JR Nippō Main Line Beppu (420) [Stations]12,000,000184,615 JPY/sq.m26.8 yrs18 min70 sq.m