Shunan-Shi Apartment average value

Price 11,581,818 JPY
  (162,345 JPY/sq.m)
- Age 24.6 years old
- Dist. from Sta. 11.6 min walk
- Property area 66.7 sq.m

The average price of a sq.m Apartment of Yamaguchi Shunan-Shi, in 2018 was 147,212 JPY/sq.m. The market value represents a decrease of 33,127 JPY (-18.4%) compared to 1 year ago and a transition to a weak market. 20 properties exchanged hands ( The market value represents an increase of 7 (+53.8%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 27.2 years old (a +19.6% increase compared to the 22.7 years old of last year.). The average size of the real estate was 66.0 sq.m (a +8.6% increase compared to the 60.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was 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 increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.7% of total transactions in 2017 and 25.0% of total transactions in 2018)

Causes of price decreases

  • An increase in average age of the building (representing 22.7 years old in 2017 and 27.2 years old in 2018; +19.6%)
  • An increase in average distance from the station (representing 9.8 min in 2017 and 11.0 min in 2018; +11.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 53.8% of total transactions in 2017 and 75.0% of total transactions in 2018)
Data regarding the market value and its changes of Apartment in Shunan-Shi were calculated using data on the sales of 309 properties provided by the MLIT Japan.

Shunan-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price
慶万町22,218,750 JPY296,336 JPY/sq.m
遠石12,953,333 JPY179,710 JPY/sq.m
毛利町6,991,667 JPY109,178 JPY/sq.m
大字徳山14,027,778 JPY180,874 JPY/sq.m
松保町9,807,143 JPY142,263 JPY/sq.m
糀町13,242,857 JPY184,837 JPY/sq.m
速玉町12,646,154 JPY170,741 JPY/sq.m
梅園町5,715,385 JPY85,392 JPY/sq.m
都町3,700,000 JPY81,092 JPY/sq.m
築港町7,370,000 JPY102,434 JPY/sq.m
河東町9,380,000 JPY145,077 JPY/sq.m
桜馬場通16,900,000 JPY208,534 JPY/sq.m
住崎町7,422,222 JPY102,406 JPY/sq.m
弥生町15,911,111 JPY217,949 JPY/sq.m
辻町16,387,500 JPY193,423 JPY/sq.m
東山町8,757,143 JPY151,190 JPY/sq.m
南浦山町5,185,714 JPY78,877 JPY/sq.m
中央町16,428,571 JPY213,651 JPY/sq.m
三番町11,916,667 JPY176,572 JPY/sq.m
古川町11,800,000 JPY155,595 JPY/sq.m
昭和通4,700,000 JPY82,221 JPY/sq.m
入船町5,200,000 JPY85,751 JPY/sq.m
政所19,400,000 JPY247,679 JPY/sq.m
川端町9,450,000 JPY161,031 JPY/sq.m
千代田町15,000,000 JPY195,614 JPY/sq.m
岐山通21,500,000 JPY268,067 JPY/sq.m
川手10,375,000 JPY140,625 JPY/sq.m
若草町12,500,000 JPY188,370 JPY/sq.m

Apartment value Age transition

Market values (unit price: sq.m, m2) 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 New316,821 JPY/sq.m100 %
Residual Value (10 Years)252,972 JPY/sq.m80 %
Residual Value (20 Years)190,659 JPY/sq.m60 %
Residual Value (20 Years)129,884 JPY/sq.m41 %
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




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Calculate Shunan-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 Shunan-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.

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Trading Data

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

1. Yamaguchi Shunan-Shi 昭和通Shunan-Shi Tokuyama 10.0 min walk)
24.0 years old , Area: 60 sq.m , Layout: 2DK , Structure: RC
- Trading date: 2012-03-01T00:00:00Z

Trading price:   3,100,000 JPY,    Unit price:   51,666 JPY/sq.m

2. Yamaguchi Shunan-Shi 入船町Shunan-Shi Tokuyama 11.0 min walk)
23.4 years old , Area: 60 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01T00:00:00Z

Trading price:   7,500,000 JPY,    Unit price:   125,000 JPY/sq.m

3. Yamaguchi Shunan-Shi 大字徳山Shunan-Shi Tokuyama 13.0 min walk)
24.8 years old , Area: 75 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-12-01T00:00:00Z

Trading price:   9,500,000 JPY,    Unit price:   126,666 JPY/sq.m

4. Yamaguchi Shunan-Shi 河東町Shunan-Shi Tokuyama 13.0 min walk)
23.8 years old , Area: 60 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01T00:00:00Z

Trading price:   11,000,000 JPY,    Unit price:   183,333 JPY/sq.m

5. Yamaguchi Shunan-Shi 大字徳山Shunan-Shi Tokuyama 13.0 min walk)
23.8 years old , Area: 80 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-12-01T00:00:00Z

Trading price:   11,000,000 JPY,    Unit price:   137,500 JPY/sq.m

6. Yamaguchi Shunan-Shi 昭和通Shunan-Shi Tokuyama 10.0 min walk)
27.3 years old , Area: 65 sq.m , Layout: オープンフロア , Structure: RC
- Trading date: 2015-06-01T00:00:00Z

Trading price:   8,000,000 JPY,    Unit price:   123,076 JPY/sq.m

7. Yamaguchi Shunan-Shi 大字徳山Shunan-Shi Tokuyama 13.0 min walk)
23.3 years old , Area: 75 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01T00:00:00Z

Trading price:   7,500,000 JPY,    Unit price:   100,000 JPY/sq.m

8. Yamaguchi Shunan-Shi 速玉町Shunan-Shi Tokuyama 13.0 min walk)
22.8 years old , Area: 75 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-12-01T00:00:00Z

Trading price:   14,000,000 JPY,    Unit price:   186,666 JPY/sq.m

9. Yamaguchi Shunan-Shi 大字徳山Shunan-Shi Tokuyama 13.0 min walk)
22.5 years old , Area: 80 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-09-01T00:00:00Z

Trading price:   7,500,000 JPY,    Unit price:   93,750 JPY/sq.m

10. Yamaguchi Shunan-Shi 住崎町Shunan-Shi Tokuyama 9.0 min walk)
27.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01T00:00:00Z

Trading price:   6,000,000 JPY,    Unit price:   85,714 JPY/sq.m

11. Yamaguchi Shunan-Shi 大字徳山Shunan-Shi Tokuyama 13.0 min walk)
22.0 years old , Area: 75 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-03-01T00:00:00Z

Trading price:   11,000,000 JPY,    Unit price:   146,666 JPY/sq.m

12. Yamaguchi Shunan-Shi 速玉町Shunan-Shi Tokuyama 13.0 min walk)
21.8 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-12-01T00:00:00Z

Trading price:   14,000,000 JPY,    Unit price:   200,000 JPY/sq.m

13. Yamaguchi Shunan-Shi 古川町Shunan-Shi Shinnnannyou 9.0 min walk)
21.3 years old , Area: 75 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-06-01T00:00:00Z

Trading price:   10,000,000 JPY,    Unit price:   133,333 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

One distinguishing feature of recent real-estate transactions was 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 increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.7% of total transactions in 2017 and 25.0% of total transactions in 2018)

Causes of price decreases

  • An increase in average age of the building (representing 22.7 years old in 2017 and 27.2 years old in 2018; +19.6%)
  • An increase in average distance from the station (representing 9.8 min in 2017 and 11.0 min in 2018; +11.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 53.8% of total transactions in 2017 and 75.0% of total transactions in 2018)
The table below shows Apartment dealt in Yamaguchi Shunan-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:

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    Area close to the price in Shunan-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
    Ube-Shi 明治町 (5) [Area]13,000,000162,50017.8 yrs11 min80 sq.m
    Ube-Shi (176) [Area]11,000,000162,50019.0 yrs7 min70 sq.m
    Shunan-Shi 速玉町 (13) [Area]13,000,000160,00018.8 yrs13 min75 sq.m
    Iwakuni-Shi 立石町 (4) [Area]14,500,000166,01215.3 yrs7 min85 sq.m
    Shunan-Shi 古川町 (5) [Area]11,000,000157,14214.8 yrs8 min75 sq.m
    Shinkansen Sanyo Shinkansen (441) [Stations]13,000,000166,66620.5 yrs11 min70 sq.m
    Shinkansen (441) [Stations]13,000,000166,66620.5 yrs11 min70 sq.m
    Sanyo Shinkansen Shin-Shimonoseki (112) [Stations]13,000,000169,99920.5 yrs13 min72 sq.m
    JR Sanyo Main Line Shin-Shimonoseki (112) [Stations]13,000,000169,99920.5 yrs13 min72 sq.m
    Sanyo Shinkansen Tokuyama (271) [Stations]8,000,000129,99927.6 yrs12 min70 sq.m
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