Shimane Apartment average value

Price 238,804 JPY/sq.m
- Age 17.1 years old
- Dist. from Sta. 20.7 min walk
- Property area 72.8 sq.m
The market price of Shimane Apartment is 238,804 JPY/sq.m, and the median price is 240,000 JPY/sq.m.

The average unit price of Apartment in 2020 was increased +12.1% (+26,151JPY/sq.m) compared with 2019.

Data regarding the market value and its changes were calculated using data on the sales of 317 properties provided by the MLIT, Japan.

Shimane Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
Matsue-Shi17,131,579 JPY230,760 JPY/sq.m287 件
Izumo-Shi17,846,667 JPY246,228 JPY/sq.m30 件
StationsAverage Trading PriceAverage Unit Price#
JR17,468,354 JPY238,537 JPY/sq.m285 件
・山陰本線17,468,354 JPY238,537 JPY/sq.m285 件
Ichibata Electric Railway20,809,524 JPY254,119 JPY/sq.m21 件
・北松江線20,809,524 JPY254,119 JPY/sq.m21 件

Shimane 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 New324,327 JPY/sq.m100 %
Residual Value (10 Years)280,404 JPY/sq.m86 %
Residual Value (20 Years)222,964 JPY/sq.m69 %
Residual Value (20 Years)152,007 JPY/sq.m47 %
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 Shimane 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 Shimane 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. Shimane Matsue-Shi 袖師町 (Matsue-Shi Matsue 21.0 min walk)
17.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-12-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   292,308 JPY/sq.m

2. Shimane Matsue-Shi 北田町 (Matsue-Shi Matsue 23.0 min walk)
17.3 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

3. Shimane Matsue-Shi 学園 (Matsue-Shi Matsue 23.0 min walk)
18.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   215,385 JPY/sq.m

4. Shimane Matsue-Shi 学園 (Matsue-Shi Matsue 23.0 min walk)
16.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-06-01 00:00:00

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

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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

The table below shows Apartment dealt in Shimane, 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 Shimane

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
千種区 竹越 (22) [Area]16,000,000238,462 JPY/sq.m15.3 yrs19 min70 sq.m
八王子市 越野 (30) [Area]15,000,000238,182 JPY/sq.m16.3 yrs19 min65 sq.m
浦和区 大東 (24) [Area]14,500,000238,182 JPY/sq.m17.5 yrs21 min65 sq.m
盛岡市 下ノ橋町 (9) [Area]16,000,000240,000 JPY/sq.m18.8 yrs18 min65 sq.m
Shinkansen (424) [Stations]16,000,000238,182 JPY/sq.m18.8 yrs18 min65 sq.m
JR Ou Main Line Yamagata (424) [Stations]16,000,000238,182 JPY/sq.m18.8 yrs18 min65 sq.m
Shinkansen Yamagata Shinkansen (424) [Stations]16,000,000238,182 JPY/sq.m18.8 yrs18 min65 sq.m
Yamagata Shinkansen Yamagata (424) [Stations]16,000,000238,182 JPY/sq.m18.8 yrs18 min65 sq.m
JR Nippō Main Line Nishikokura (239) [Stations]17,000,000238,095 JPY/sq.m15.6 yrs17 min72 sq.m