Shimonoseki-Shi Apartment average value

Price 195,492 JPY/sq.m
- Age 20.3 years old
- Dist. from Sta. 19.3 min walk
- Property area 76.1 sq.m

The average price of Yamaguchi Shimonoseki-Shi Apartment, in 2020 was 177,802 JPY/sq.m. The market value represents a decrease of 20,260 JPY (-10.2%) 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 near to the station less than three minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 4.1% of total transactions in 2019 and 13.8% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 20.7 years old in 2019 and 23.0 years old in 2020; +11.3%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.1% of total transactions in 2019 and 7.4% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Shimonoseki-Shi were calculated using data on the sales of 631 properties provided by the MLIT Japan.

Shimonoseki-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
一の宮住吉12,823,077 JPY161,765 JPY/sq.m13 件
一の宮本町13,666,667 JPY189,060 JPY/sq.m3 件
一の宮町17,164,706 JPY218,138 JPY/sq.m17 件
みもすそ川町7,960,870 JPY105,253 JPY/sq.m23 件
上新地町7,366,667 JPY116,856 JPY/sq.m18 件
上田中町9,933,333 JPY123,959 JPY/sq.m30 件
中之町15,750,000 JPY209,375 JPY/sq.m4 件
丸山町13,750,000 JPY153,839 JPY/sq.m4 件
伊倉新町26,083,333 JPY311,795 JPY/sq.m12 件
伊倉東町18,875,000 JPY221,787 JPY/sq.m8 件
入江町33,000,000 JPY338,188 JPY/sq.m4 件
前田2,964,000 JPY100,700 JPY/sq.m5 件
南部町19,172,222 JPY216,789 JPY/sq.m18 件
向洋町13,666,667 JPY152,917 JPY/sq.m6 件
唐戸町15,000,000 JPY184,216 JPY/sq.m8 件
垢田町12,400,000 JPY171,667 JPY/sq.m5 件
壇之浦町15,550,000 JPY184,444 JPY/sq.m4 件
大和町3,275,000 JPY115,000 JPY/sq.m2 件
大字伊倉13,000,000 JPY186,095 JPY/sq.m5 件
大字形山8,528,571 JPY99,496 JPY/sq.m7 件
大字石原13,092,308 JPY181,808 JPY/sq.m13 件
宮田町19,555,556 JPY230,734 JPY/sq.m9 件
小月駅前14,666,667 JPY175,490 JPY/sq.m3 件
山の田南町21,000,000 JPY243,138 JPY/sq.m6 件
山の田本町17,000,000 JPY188,889 JPY/sq.m1 件
山の田東町15,769,231 JPY213,639 JPY/sq.m13 件
岬之町4,750,000 JPY79,167 JPY/sq.m2 件
川中本町11,385,714 JPY165,816 JPY/sq.m7 件
幡生宮の下町16,333,333 JPY174,951 JPY/sq.m6 件
幡生本町12,388,889 JPY174,112 JPY/sq.m9 件
幡生町17,000,000 JPY200,000 JPY/sq.m2 件
形山みどり町9,100,000 JPY156,932 JPY/sq.m8 件
彦島江の浦町16,333,333 JPY213,889 JPY/sq.m3 件
後田町12,312,500 JPY170,191 JPY/sq.m16 件
新地町6,768,182 JPY105,450 JPY/sq.m22 件
新椋野19,250,000 JPY284,019 JPY/sq.m4 件
本町6,950,000 JPY105,165 JPY/sq.m4 件
東大和町18,083,333 JPY232,135 JPY/sq.m24 件
栄町7,836,364 JPY143,030 JPY/sq.m11 件
武久町11,546,154 JPY164,456 JPY/sq.m14 件
武久西原台15,125,000 JPY178,309 JPY/sq.m8 件
熊野町10,000,000 JPY153,640 JPY/sq.m4 件
熊野西町14,571,429 JPY171,428 JPY/sq.m7 件
王司神田13,000,000 JPY152,941 JPY/sq.m2 件
生野町10,500,000 JPY161,538 JPY/sq.m2 件
田中町30,000,000 JPY333,333 JPY/sq.m1 件
秋根上町10,000,000 JPY137,143 JPY/sq.m5 件
秋根北町13,000,000 JPY193,654 JPY/sq.m5 件
秋根南町7,723,529 JPY115,190 JPY/sq.m17 件
秋根東町20,600,000 JPY240,261 JPY/sq.m5 件
秋根西町19,400,000 JPY233,910 JPY/sq.m25 件
稗田町11,160,000 JPY146,353 JPY/sq.m5 件
稗田西町16,250,000 JPY180,556 JPY/sq.m4 件
竹崎町23,000,000 JPY328,571 JPY/sq.m1 件
細江町20,800,000 JPY265,163 JPY/sq.m15 件
綾羅木本町19,500,000 JPY246,922 JPY/sq.m6 件
羽山町10,680,000 JPY148,266 JPY/sq.m10 件
観音崎町30,000,000 JPY428,571 JPY/sq.m1 件
貴船町13,160,000 JPY159,857 JPY/sq.m35 件
赤間町25,000,000 JPY274,693 JPY/sq.m3 件
長府三島町10,400,000 JPY138,667 JPY/sq.m2 件
長府中土居本町15,666,667 JPY207,738 JPY/sq.m3 件
長府亀の甲15,000,000 JPY166,667 JPY/sq.m1 件
長府侍町9,453,846 JPY142,154 JPY/sq.m13 件
長府前八幡町9,200,000 JPY127,334 JPY/sq.m2 件
長府南之町17,000,000 JPY188,889 JPY/sq.m1 件
長府古江小路町10,000,000 JPY142,857 JPY/sq.m1 件
長府土居の内町19,333,333 JPY227,451 JPY/sq.m3 件
長府外浦町22,750,000 JPY280,869 JPY/sq.m4 件
長府才川12,483,333 JPY169,880 JPY/sq.m6 件
長府松原町28,600,000 JPY432,738 JPY/sq.m5 件
長府松小田本町10,531,579 JPY140,413 JPY/sq.m19 件
阿弥陀寺町19,454,054 JPY248,957 JPY/sq.m37 件

Shimonoseki-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 New400,675 JPY/sq.m100 %
Residual Value (10 Years)268,528 JPY/sq.m67 %
Residual Value (20 Years)179,931 JPY/sq.m45 %
Residual Value (20 Years)134,881 JPY/sq.m34 %
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 Shimonoseki-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 Shimonoseki-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. Yamaguchi Shimonoseki-Shi 上新地町 (Shimonoseki-Shi Shimonoseki 18.0 min walk)
21.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-03-01 00:00:00

Trading price:   8,400,000 JPY,    Unit price:   112,000 JPY/sq.m

2. Yamaguchi Shimonoseki-Shi 武久西原台 (Shimonoseki-Shi Hatabu 18.0 min walk)
21.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   187,500 JPY/sq.m

3. Yamaguchi Shimonoseki-Shi 羽山町 (Shimonoseki-Shi Hatabu 19.0 min walk)
18.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 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 near to the station less than three minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 4.1% of total transactions in 2019 and 13.8% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 20.7 years old in 2019 and 23.0 years old in 2020; +11.3%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 2.1% of total transactions in 2019 and 7.4% of total transactions in 2020)
The table below shows Apartment dealt in Yamaguchi Shimonoseki-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 Shimonoseki-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
Shimonoseki-Shi 武久西原台 (8) [Area]15,000,000177,124 JPY/sq.m16.4 yrs18 min85 sq.m
Shimonoseki-Shi 長府中土居本町 (3) [Area]14,000,000175,000 JPY/sq.m20.0 yrs21 min80 sq.m
Shimonoseki-Shi 生野町 (2) [Area]10,500,000161,538 JPY/sq.m17.3 yrs19 min65 sq.m
Shimonoseki-Shi 川中本町 (7) [Area]11,000,000158,333 JPY/sq.m18.0 yrs16 min70 sq.m
JR Sanyo Main Line Choufu (59) [Stations]17,000,000200,000 JPY/sq.m19.6 yrs25 min70 sq.m
JR Sanyo Main Line Shin-Shimonoseki (155) [Stations]15,000,000200,000 JPY/sq.m19.9 yrs15 min75 sq.m
Sanyo Shinkansen Shin-Shimonoseki (155) [Stations]15,000,000200,000 JPY/sq.m19.9 yrs15 min75 sq.m
JR JR Sanyo Main Line (1,364) [Stations]14,000,000188,235 JPY/sq.m20.5 yrs13 min70 sq.m
JR San-in Main Line Hatabu (113) [Stations]14,000,000187,500 JPY/sq.m18.5 yrs14 min70 sq.m