Yamaguchi-Shi Apartment average value

Price 201,938 JPY/sq.m
- Age 18.2 years old
- Dist. from Sta. 12.6 min walk
- Property area 68.1 sq.m

The average price of Yamaguchi Yamaguchi-Shi Apartment, in 2020 was 204,239 JPY/sq.m. The market value represents a decrease of 1,639 JPY (-0.8%) compared to 1 year ago and a transition to a slight market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

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 4.9% of total transactions in 2019 and 11.5% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 18.0 years old in 2019 and 20.9 years old in 2020; +16.5%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 42.5% of total transactions in 2019 and 56.5% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 15.0% of total transactions in 2019 and 8.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Yamaguchi-Shi were calculated using data on the sales of 431 properties provided by the MLIT Japan.

Yamaguchi-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三和町1,710,000 JPY84,227 JPY/sq.m68 件
下竪小路17,000,000 JPY242,857 JPY/sq.m1 件
中央18,033,333 JPY242,158 JPY/sq.m24 件
中市町25,000,000 JPY363,403 JPY/sq.m26 件
今井町8,933,333 JPY126,536 JPY/sq.m3 件
古熊20,000,000 JPY266,667 JPY/sq.m1 件
吉敷15,260,000 JPY187,410 JPY/sq.m10 件
吉敷下東15,766,667 JPY202,002 JPY/sq.m6 件
吉敷佐畑15,000,000 JPY166,667 JPY/sq.m1 件
堂の前町14,388,889 JPY180,149 JPY/sq.m9 件
大内御堀15,818,182 JPY216,026 JPY/sq.m11 件
大手町20,333,333 JPY259,085 JPY/sq.m3 件
小郡上郷5,500,000 JPY85,119 JPY/sq.m2 件
小郡下郷16,383,333 JPY235,905 JPY/sq.m6 件
小郡大江町17,100,000 JPY201,053 JPY/sq.m10 件
小郡平成町22,333,333 JPY295,203 JPY/sq.m18 件
小郡御幸町18,461,538 JPY212,465 JPY/sq.m13 件
小郡栄町18,100,000 JPY238,292 JPY/sq.m10 件
小郡維新町18,000,000 JPY257,143 JPY/sq.m1 件
小郡船倉町20,333,333 JPY312,820 JPY/sq.m3 件
小郡金堀町4,300,000 JPY71,667 JPY/sq.m3 件
小郡高砂町14,935,484 JPY194,527 JPY/sq.m31 件
小郡黄金町18,500,000 JPY230,669 JPY/sq.m8 件
平井12,000,000 JPY171,429 JPY/sq.m1 件
惣太夫町20,500,000 JPY319,394 JPY/sq.m2 件
新馬場15,333,333 JPY184,151 JPY/sq.m6 件
旭通り13,192,308 JPY179,597 JPY/sq.m13 件
本町20,500,000 JPY248,888 JPY/sq.m2 件
楠木町9,163,636 JPY125,869 JPY/sq.m22 件
泉都町9,166,667 JPY136,581 JPY/sq.m3 件
湯田温泉10,993,478 JPY137,937 JPY/sq.m46 件
白石21,307,692 JPY252,601 JPY/sq.m13 件
矢原町18,000,000 JPY224,467 JPY/sq.m6 件
緑町8,850,000 JPY121,779 JPY/sq.m8 件
若宮町16,400,000 JPY178,552 JPY/sq.m5 件
15,750,000 JPY176,316 JPY/sq.m4 件
諸願小路19,000,000 JPY248,740 JPY/sq.m2 件
道場門前26,000,000 JPY400,000 JPY/sq.m1 件
駅通り16,468,750 JPY230,271 JPY/sq.m16 件
黄金町16,900,000 JPY194,030 JPY/sq.m20 件

Yamaguchi-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 New378,155 JPY/sq.m100 %
Residual Value (10 Years)257,491 JPY/sq.m68 %
Residual Value (20 Years)176,059 JPY/sq.m47 %
Residual Value (20 Years)133,861 JPY/sq.m35 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Yamaguchi-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 Yamaguchi-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 Yamaguchi-Shi 旭通り (Yamaguchi-Shi Yamaguchi 11.0 min walk)
17.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   162,500 JPY/sq.m

2. Yamaguchi Yamaguchi-Shi 堂の前町 (Yamaguchi-Shi Yamaguchi 11.0 min walk)
18.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   173,333 JPY/sq.m

3. Yamaguchi Yamaguchi-Shi 堂の前町 (Yamaguchi-Shi Yamaguchi 11.0 min walk)
19.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-03-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   126,667 JPY/sq.m

4. Yamaguchi Yamaguchi-Shi 小郡大江町 (Yamaguchi-Shi Shin-Yamaguchi 9.0 min walk)
17.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Structure: SRC
- Trading date: 2019-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   200,000 JPY/sq.m

5. Yamaguchi Yamaguchi-Shi 湯田温泉 (Yamaguchi-Shi Yudaonnsenn 13.0 min walk)
17.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 JPY/sq.m

6. Yamaguchi Yamaguchi-Shi 若宮町 (Yamaguchi-Shi Yudaonnsenn 9.0 min walk)
17.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-06-01 00:00:00

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

7. Yamaguchi Yamaguchi-Shi 小郡大江町 (Yamaguchi-Shi Shin-Yamaguchi 9.0 min walk)
16.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK+S , Structure: SRC
- Trading date: 2018-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   200,000 JPY/sq.m

8. Yamaguchi Yamaguchi-Shi 堂の前町 (Yamaguchi-Shi Yamaguchi 11.0 min walk)
15.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-03-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   150,000 JPY/sq.m

9. Yamaguchi Yamaguchi-Shi 湯田温泉 (Yamaguchi-Shi Yudaonnsenn 11.0 min walk)
20.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 JPY/sq.m

10. Yamaguchi Yamaguchi-Shi 新馬場 (Yamaguchi-Shi Yamaguchi 13.0 min walk)
19.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-12-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

11. Yamaguchi Yamaguchi-Shi 湯田温泉 (Yamaguchi-Shi Yudaonnsenn 10.0 min walk)
20.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2011-06-01 00:00:00

Trading price:   5,500,000 JPY,    Unit price:   68,750 JPY/sq.m

12. Yamaguchi Yamaguchi-Shi 湯田温泉 (Yamaguchi-Shi Yudaonnsenn 11.0 min walk)
20.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2015-09-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   118,750 JPY/sq.m

13. Yamaguchi Yamaguchi-Shi 旭通り (Yamaguchi-Shi Yamaguchi 11.0 min walk)
14.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   175,000 JPY/sq.m

14. Yamaguchi Yamaguchi-Shi 湯田温泉 (Yamaguchi-Shi Yudaonnsenn 11.0 min walk)
21.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-03-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   103,750 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 old buildings under 40 years old, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

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 4.9% of total transactions in 2019 and 11.5% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 18.0 years old in 2019 and 20.9 years old in 2020; +16.5%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 42.5% of total transactions in 2019 and 56.5% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 15.0% of total transactions in 2019 and 8.7% of total transactions in 2020)
The table below shows Apartment dealt in Yamaguchi Yamaguchi-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 Yamaguchi-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
Shunan-Shi 桜馬場通 (16) [Area]15,500,000199,107 JPY/sq.m17.3 yrs13 min77 sq.m
Yamaguchi (1,972) [Area]14,000,000187,084 JPY/sq.m20.5 yrs11 min70 sq.m
Shunan-Shi 速玉町 (17) [Area]13,000,000185,714 JPY/sq.m20.8 yrs13 min75 sq.m
Yamaguchi-Shi 堂の前町 (9) [Area]14,000,000183,333 JPY/sq.m16.3 yrs11 min75 sq.m
Shinkansen (623) [Stations]15,000,000200,000 JPY/sq.m20.9 yrs11 min70 sq.m
JR JR Yamaguchi Line (415) [Stations]16,000,000200,000 JPY/sq.m17.4 yrs11 min70 sq.m
JR Sanyo Main Line Shin-Shimonoseki (155) [Stations]15,000,000200,000 JPY/sq.m19.9 yrs15 min75 sq.m
Shinkansen Sanyo Shinkansen (623) [Stations]15,000,000200,000 JPY/sq.m20.9 yrs11 min70 sq.m
Sanyo Shinkansen Shin-Shimonoseki (155) [Stations]15,000,000200,000 JPY/sq.m19.9 yrs15 min75 sq.m