Toyama-Shi Apartment average value

Price 220,705 JPY/sq.m
- Age 21.5 years old
- Dist. from Sta. 15.7 min walk
- Property area 64.0 sq.m

The average price of Toyama Toyama-Shi Apartment, in 2020 was 200,423 JPY/sq.m. The market value represents a decrease of 18,211 JPY (-8.3%) compared to 1 year ago and a transition to a bear market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance, as well as a dramatic increase in transactions involving relatively old buildings under 40 years old.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 14.3 min in 2019 and 19.1 min in 2020; +33.8%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 47.5% of total transactions in 2019 and 70.7% 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 11.1% of total transactions in 2019 and 4.9% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Toyama-Shi were calculated using data on the sales of 786 properties provided by the MLIT Japan.

Toyama-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
一番町22,250,000 JPY317,514 JPY/sq.m4 件
二口町18,500,000 JPY273,077 JPY/sq.m2 件
三番町26,575,000 JPY372,754 JPY/sq.m40 件
五番町6,506,667 JPY149,536 JPY/sq.m15 件
五福11,855,556 JPY261,405 JPY/sq.m18 件
千歳町30,000,000 JPY390,756 JPY/sq.m2 件
千石町22,000,000 JPY284,396 JPY/sq.m5 件
上赤江町16,777,778 JPY236,340 JPY/sq.m9 件
下新町17,000,000 JPY238,462 JPY/sq.m2 件
中央通り27,046,154 JPY395,140 JPY/sq.m65 件
中島6,800,000 JPY97,143 JPY/sq.m7 件
丸の内3,328,571 JPY116,857 JPY/sq.m15 件
久方町5,733,333 JPY123,434 JPY/sq.m3 件
今泉9,688,571 JPY122,536 JPY/sq.m40 件
今泉西部町23,125,000 JPY299,669 JPY/sq.m8 件
南田町8,333,333 JPY156,073 JPY/sq.m13 件
向川原町7,936,842 JPY151,519 JPY/sq.m19 件
問屋町9,200,000 JPY131,429 JPY/sq.m1 件
城北町8,860,000 JPY150,461 JPY/sq.m15 件
城川原8,775,000 JPY140,294 JPY/sq.m4 件
堀川小泉町19,333,333 JPY232,108 JPY/sq.m3 件
堀川町13,525,000 JPY184,627 JPY/sq.m52 件
堤町通り31,333,333 JPY377,486 JPY/sq.m6 件
大泉本町16,357,143 JPY234,091 JPY/sq.m14 件
大泉東町18,500,000 JPY270,192 JPY/sq.m4 件
大町11,905,000 JPY168,623 JPY/sq.m20 件
太郎丸西町13,320,000 JPY173,667 JPY/sq.m5 件
奥井町6,240,000 JPY62,400 JPY/sq.m5 件
安野屋町4,085,000 JPY133,025 JPY/sq.m20 件
宝町1,280,000 JPY23,500 JPY/sq.m3 件
小島町13,533,333 JPY255,758 JPY/sq.m3 件
小泉町3,000,000 JPY85,714 JPY/sq.m1 件
山室12,237,500 JPY150,135 JPY/sq.m8 件
布瀬町南8,650,000 JPY123,572 JPY/sq.m2 件
掛尾町14,296,154 JPY197,046 JPY/sq.m26 件
新根塚町23,750,000 JPY311,458 JPY/sq.m4 件
新桜町23,083,333 JPY310,512 JPY/sq.m12 件
日之出町3,157,143 JPY125,730 JPY/sq.m7 件
明輪町15,012,500 JPY197,250 JPY/sq.m24 件
曙町14,285,714 JPY200,000 JPY/sq.m7 件
東中野町21,833,333 JPY277,964 JPY/sq.m6 件
東田地方町16,996,875 JPY240,645 JPY/sq.m32 件
柳町11,333,333 JPY288,254 JPY/sq.m6 件
栄町14,433,333 JPY173,333 JPY/sq.m3 件
根塚町22,500,000 JPY297,057 JPY/sq.m6 件
桜町30,000,000 JPY492,991 JPY/sq.m5 件
泉町9,500,000 JPY158,442 JPY/sq.m3 件
清水町8,000,000 JPY106,667 JPY/sq.m1 件
牛島新町26,250,000 JPY357,983 JPY/sq.m4 件
牛島町37,000,000 JPY528,571 JPY/sq.m1 件
白銀町29,714,286 JPY381,785 JPY/sq.m7 件
石倉町3,333,333 JPY113,444 JPY/sq.m6 件
石金18,500,000 JPY248,416 JPY/sq.m2 件
磯部町20,362,500 JPY259,580 JPY/sq.m16 件
神通町3,200,000 JPY121,946 JPY/sq.m12 件
稲荷元町8,904,762 JPY102,170 JPY/sq.m21 件
窪新町9,602,500 JPY155,644 JPY/sq.m40 件
窪本町14,259,259 JPY189,043 JPY/sq.m27 件
総曲輪29,764,706 JPY374,600 JPY/sq.m17 件
蓮町10,033,333 JPY158,462 JPY/sq.m6 件
西四十物町13,000,000 JPY137,222 JPY/sq.m2 件
西中野町11,300,000 JPY140,040 JPY/sq.m4 件
西宮9,500,000 JPY111,765 JPY/sq.m1 件
西田地方町18,800,000 JPY256,762 JPY/sq.m5 件
長江本町8,450,000 JPY129,696 JPY/sq.m8 件
鵯島16,333,333 JPY232,051 JPY/sq.m6 件
黒瀬北町7,621,875 JPY129,571 JPY/sq.m32 件

Toyama-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 New531,174 JPY/sq.m100 %
Residual Value (10 Years)343,836 JPY/sq.m65 %
Residual Value (20 Years)213,707 JPY/sq.m40 %
Residual Value (20 Years)140,785 JPY/sq.m27 %
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 Toyama-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 Toyama-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 Toyama-Shi 窪新町 (Toyama-Shi Okudachuugakkoumae 14.0 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:   1,100,000 JPY,    Unit price:   16,923 JPY/sq.m

2. Toyama Toyama-Shi 窪新町 (Toyama-Shi Okudachuugakkoumae 14.0 min walk)
21.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-06-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   146,154 JPY/sq.m

3. Toyama Toyama-Shi 窪新町 (Toyama-Shi Okudachuugakkoumae 14.0 min walk)
22.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 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 more than twenty minutes by foot from the station, outside of walking distance, as well as a dramatic increase in transactions involving relatively old buildings under 40 years old.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 14.3 min in 2019 and 19.1 min in 2020; +33.8%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 47.5% of total transactions in 2019 and 70.7% 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 11.1% of total transactions in 2019 and 4.9% of total transactions in 2020)
The table below shows Apartment dealt in Toyama Toyama-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 Toyama-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
Takaoka-Shi 京田 (7) [Area]15,000,000230,769 JPY/sq.m20.8 yrs14 min65 sq.m
Toyama-Shi 下新町 (2) [Area]17,000,000238,462 JPY/sq.m22.0 yrs14 min72 sq.m
Toyama-Shi 上赤江町 (9) [Area]16,000,000242,857 JPY/sq.m22.0 yrs13 min70 sq.m
Toyama (961) [Area]13,000,000187,084 JPY/sq.m22.0 yrs16 min70 sq.m
Toyama Light Rail Toyamakō Line Shimookui (10) [Stations]16,000,000236,813 JPY/sq.m22.8 yrs13 min70 sq.m
Other (735) [Stations]13,000,000200,000 JPY/sq.m22.3 yrs18 min65 sq.m
Other Toyama Light Rail Toyamakō Line (552) [Stations]14,000,000200,000 JPY/sq.m22.8 yrs18 min70 sq.m