Takaoka-Shi Apartment average value

Price 191,584 JPY/sq.m
- Age 21.2 years old
- Dist. from Sta. 18.4 min walk
- Property area 65.4 sq.m

The average price of Toyama Takaoka-Shi Apartment, in 2020 was 232,321 JPY/sq.m. The market value represents an increase of 42,431 JPY (+22.3%) 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 relatively new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 23.4 years old in 2019 and 16.9 years old in 2020; -27.7%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 70.0% of total transactions in 2019 and 28.6% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Takaoka-Shi were calculated using data on the sales of 175 properties provided by the MLIT Japan.

Takaoka-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
あわら町17,000,000 JPY232,500 JPY/sq.m4 件
中島町9,200,000 JPY118,162 JPY/sq.m7 件
丸の内6,750,000 JPY119,393 JPY/sq.m10 件
京田14,142,857 JPY221,036 JPY/sq.m7 件
出来田10,266,667 JPY152,111 JPY/sq.m6 件
向野町12,466,667 JPY177,313 JPY/sq.m19 件
問屋町1,980,000 JPY95,800 JPY/sq.m5 件
城東15,000,000 JPY214,286 JPY/sq.m1 件
大手町14,000,000 JPY204,121 JPY/sq.m4 件
広小路7,757,143 JPY132,172 JPY/sq.m7 件
新成町4,760,000 JPY66,951 JPY/sq.m10 件
末広町27,000,000 JPY300,000 JPY/sq.m1 件
本町3,341,667 JPY133,929 JPY/sq.m12 件
東上関3,777,273 JPY119,409 JPY/sq.m22 件
東中川町20,155,556 JPY293,352 JPY/sq.m18 件
清水町22,846,154 JPY301,160 JPY/sq.m13 件
野村7,413,333 JPY114,403 JPY/sq.m15 件
駅南25,571,429 JPY330,029 JPY/sq.m14 件

Takaoka-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 New457,572 JPY/sq.m100 %
Residual Value (10 Years)290,251 JPY/sq.m63 %
Residual Value (20 Years)182,349 JPY/sq.m40 %
Residual Value (20 Years)133,867 JPY/sq.m29 %
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 Takaoka-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 Takaoka-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. Toyama Takaoka-Shi 中島町 (Takaoka-Shi Takaoka 18.0 min walk)
22.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   107,692 JPY/sq.m

2. Toyama Takaoka-Shi 広小路 (Takaoka-Shi Takaoka 21.0 min walk)
22.0 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2010-03-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   145,455 JPY/sq.m

3. Toyama Takaoka-Shi 中島町 (Takaoka-Shi Takaoka 19.0 min walk)
23.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-12-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   121,429 JPY/sq.m

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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 relatively new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 23.4 years old in 2019 and 16.9 years old in 2020; -27.7%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 70.0% of total transactions in 2019 and 28.6% of total transactions in 2020)
The table below shows Apartment dealt in Toyama Takaoka-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 Takaoka-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
Toyama-Shi (786) [Area]14,000,000190,000 JPY/sq.m22.0 yrs15 min70 sq.m
Toyama-Shi 掛尾町 (26) [Area]11,500,000189,091 JPY/sq.m18.5 yrs20 min75 sq.m
Toyama (961) [Area]13,000,000187,084 JPY/sq.m22.0 yrs16 min70 sq.m
Toyama-Shi 窪新町 (40) [Area]9,500,000163,250 JPY/sq.m24.3 yrs15 min65 sq.m
JR (651) [Stations]14,000,000200,000 JPY/sq.m20.5 yrs19 min65 sq.m
Other (735) [Stations]13,000,000200,000 JPY/sq.m22.3 yrs18 min65 sq.m
Other Ainokaze Toyama Railway (645) [Stations]14,000,000200,000 JPY/sq.m20.5 yrs19 min65 sq.m
Other Toyama Light Rail Toyamakō Line (552) [Stations]14,000,000200,000 JPY/sq.m22.8 yrs18 min70 sq.m
Manyosen (173) [Stations]12,000,000171,429 JPY/sq.m20.8 yrs19 min65 sq.m