Tokushima-Shi Apartment average value

Price 203,647 JPY/sq.m
- Age 20.9 years old
- Dist. from Sta. 19.0 min walk
- Property area 67.2 sq.m

The average price of Tokushima Tokushima-Shi Apartment, in 2020 was 198,710 JPY/sq.m. The market value represents a decrease of 30,759 JPY (-13.4%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station, as well as a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 21.5 min in 2019 and 17.1 min in 2020; -20.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.2% of total transactions in 2019 and 10.7% of total transactions in 2020)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 4.3% of total transactions in 2019 and 9.3% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 18.6 years old in 2019 and 21.8 years old in 2020; +17.3%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 45.7% of total transactions in 2019 and 55.6% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 6.2% of total transactions in 2019 and 1.8% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Tokushima-Shi were calculated using data on the sales of 649 properties provided by the MLIT Japan.

Tokushima-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
二軒屋町3,941,667 JPY96,728 JPY/sq.m12 件
万代町16,666,667 JPY219,424 JPY/sq.m6 件
八万町10,550,000 JPY144,279 JPY/sq.m12 件
かちどき橋7,222,727 JPY127,387 JPY/sq.m22 件
中前川町8,683,333 JPY129,048 JPY/sq.m6 件
中吉野町20,000,000 JPY270,804 JPY/sq.m6 件
中常三島町30,200,000 JPY390,882 JPY/sq.m5 件
中昭和町16,800,000 JPY207,778 JPY/sq.m5 件
中洲町22,250,000 JPY264,886 JPY/sq.m8 件
伊月町18,400,000 JPY219,160 JPY/sq.m5 件
住吉15,004,762 JPY198,532 JPY/sq.m21 件
佐古一番町9,428,571 JPY127,416 JPY/sq.m21 件
佐古三番町5,385,000 JPY134,954 JPY/sq.m20 件
佐古四番町1,800,000 JPY61,435 JPY/sq.m10 件
佐古六番町9,583,333 JPY162,563 JPY/sq.m18 件
佐古八番町15,000,000 JPY180,378 JPY/sq.m4 件
出来島本町11,727,778 JPY176,380 JPY/sq.m18 件
加茂名町950,000 JPY95,000 JPY/sq.m1 件
助任橋8,360,000 JPY130,390 JPY/sq.m15 件
勝占町7,415,000 JPY97,407 JPY/sq.m4 件
北佐古一番町22,714,286 JPY294,310 JPY/sq.m7 件
北前川町24,000,000 JPY342,857 JPY/sq.m1 件
北沖洲8,857,143 JPY120,181 JPY/sq.m8 件
南仲之町2,900,000 JPY116,000 JPY/sq.m8 件
南佐古六番町6,600,000 JPY117,173 JPY/sq.m8 件
南出来島町10,233,333 JPY211,429 JPY/sq.m3 件
南前川町29,875,000 JPY373,748 JPY/sq.m8 件
南島田町790,000 JPY11,286 JPY/sq.m1 件
南昭和町15,666,667 JPY228,205 JPY/sq.m3 件
南末広町9,307,500 JPY128,552 JPY/sq.m40 件
南沖洲6,300,000 JPY94,583 JPY/sq.m4 件
南田宮21,600,000 JPY281,826 JPY/sq.m10 件
南矢三町6,125,000 JPY100,021 JPY/sq.m16 件
吉野本町22,666,667 JPY288,254 JPY/sq.m3 件
国府町2,200,000 JPY55,000 JPY/sq.m1 件
城東町12,800,000 JPY178,940 JPY/sq.m12 件
大松町8,366,667 JPY112,299 JPY/sq.m6 件
安宅1,637,143 JPY65,020 JPY/sq.m7 件
富田橋6,689,286 JPY121,920 JPY/sq.m28 件
富田浜17,142,857 JPY257,143 JPY/sq.m7 件
寺島本町東21,000,000 JPY275,360 JPY/sq.m9 件
寺島本町西33,000,000 JPY471,428 JPY/sq.m2 件
山城西7,880,000 JPY110,411 JPY/sq.m6 件
川内町8,627,273 JPY115,200 JPY/sq.m55 件
庄町10,012,500 JPY146,358 JPY/sq.m8 件
徳島町28,100,000 JPY346,704 JPY/sq.m10 件
新内町4,950,000 JPY132,305 JPY/sq.m10 件
新蔵町7,657,143 JPY134,270 JPY/sq.m7 件
昭和町8,857,407 JPY151,596 JPY/sq.m28 件
末広15,066,667 JPY205,293 JPY/sq.m15 件
東出来島町21,000,000 JPY299,299 JPY/sq.m7 件
東吉野町16,000,000 JPY211,091 JPY/sq.m6 件
東船場町8,000,000 JPY145,455 JPY/sq.m1 件
栄町1,200,000 JPY62,444 JPY/sq.m4 件
沖浜18,555,556 JPY239,959 JPY/sq.m9 件
沖浜東14,750,000 JPY217,857 JPY/sq.m4 件
沖浜町20,000,000 JPY266,667 JPY/sq.m1 件
福島24,000,000 JPY289,662 JPY/sq.m3 件
籠屋町27,200,000 JPY321,301 JPY/sq.m22 件
西新浜町9,232,353 JPY142,665 JPY/sq.m34 件
西須賀町12,000,000 JPY178,572 JPY/sq.m2 件
通町19,200,000 JPY236,077 JPY/sq.m5 件
金沢4,516,667 JPY60,667 JPY/sq.m3 件

Tokushima-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 New450,236 JPY/sq.m100 %
Residual Value (10 Years)306,631 JPY/sq.m68 %
Residual Value (20 Years)199,111 JPY/sq.m44 %
Residual Value (20 Years)127,677 JPY/sq.m28 %
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
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Tokushima-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 Tokushima-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. Tokushima Tokushima-Shi 出来島本町 (Tokushima-Shi Tokushima 13.0 min walk)
21.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   184,615 JPY/sq.m

2. Tokushima Tokushima-Shi 西須賀町 (Tokushima-Shi Jizoubashi 13.0 min walk)
20.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   200,000 JPY/sq.m

3. Tokushima Tokushima-Shi 出来島本町 (Tokushima-Shi Sako 14.0 min walk)
23.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-06-01 00:00:00

Trading price:   6,300,000 JPY,    Unit price:   90,000 JPY/sq.m

4. Tokushima Tokushima-Shi 出来島本町 (Tokushima-Shi Sako 14.0 min walk)
23.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01 00:00:00

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

5. Tokushima Tokushima-Shi 南佐古六番町 (Tokushima-Shi Kuramoto 15.0 min walk)
19.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-12-01 00:00:00

Trading price:   6,200,000 JPY,    Unit price:   95,385 JPY/sq.m

6. Tokushima Tokushima-Shi 出来島本町 (Tokushima-Shi Sako 14.0 min walk)
19.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-09-01 00:00:00

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

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{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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 near to the station less than six minutes by foot from the station, as well as a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 21.5 min in 2019 and 17.1 min in 2020; -20.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.2% of total transactions in 2019 and 10.7% of total transactions in 2020)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 4.3% of total transactions in 2019 and 9.3% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 18.6 years old in 2019 and 21.8 years old in 2020; +17.3%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 45.7% of total transactions in 2019 and 55.6% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 6.2% of total transactions in 2019 and 1.8% of total transactions in 2020)
The table below shows Apartment dealt in Tokushima Tokushima-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 Tokushima-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
Tokushima-Shi 万代町 (6) [Area]15,000,000207,143 JPY/sq.m12.8 yrs17 min70 sq.m
Tokushima-Shi 沖浜東 (4) [Area]14,500,000207,143 JPY/sq.m14.3 yrs15 min70 sq.m
Tokushima-Shi 佐古六番町 (18) [Area]14,000,000200,000 JPY/sq.m13.6 yrs12 min65 sq.m
Tokushima (649) [Area]13,000,000185,164 JPY/sq.m21.6 yrs14 min70 sq.m
JR JR Kōtoku Line (388) [Stations]15,000,000212,916 JPY/sq.m19.5 yrs15 min70 sq.m
JR Mugi Line Tokushima (290) [Stations]16,000,000215,385 JPY/sq.m18.3 yrs25 min70 sq.m
JR Kōtoku Line Tokushima (290) [Stations]16,000,000215,385 JPY/sq.m18.3 yrs25 min70 sq.m
JR JR Mugi Line (491) [Stations]14,000,000185,714 JPY/sq.m20.1 yrs18 min70 sq.m
JR (638) [Stations]13,000,000185,164 JPY/sq.m21.6 yrs14 min70 sq.m