Kofu-Shi Apartment average value

Price 198,408 JPY/sq.m
- Age 22.2 years old
- Dist. from Sta. 12.5 min walk
- Property area 57.4 sq.m

The average price of Yamanashi Kofu-Shi Apartment, in 2020 was 194,195 JPY/sq.m. The market value represents a decrease of 33,773 JPY (-14.8%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was an increase in transactions involving size for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • An decrease in average distance from the station (representing 12.9 min in 2019 and 11.1 min in 2020; -13.8%)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 60.0% of total transactions in 2019 and 53.8% of total transactions in 2020)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 3.3% of total transactions in 2019 and 3.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 3.3% of total transactions in 2019 and 7.7% 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 15.2% of total transactions in 2019 and 10.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kofu-Shi were calculated using data on the sales of 575 properties provided by the MLIT Japan.

Kofu-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
上石田10,666,667 JPY142,798 JPY/sq.m9 件
下石田12,550,000 JPY174,364 JPY/sq.m10 件
下飯田20,800,000 JPY278,677 JPY/sq.m5 件
中央4,250,943 JPY112,242 JPY/sq.m55 件
丸の内18,841,667 JPY271,741 JPY/sq.m132 件
伊勢6,237,500 JPY112,157 JPY/sq.m8 件
住吉6,900,000 JPY115,384 JPY/sq.m6 件
元紺屋町19,000,000 JPY265,196 JPY/sq.m2 件
北口10,238,095 JPY184,902 JPY/sq.m21 件
南口町12,025,000 JPY160,333 JPY/sq.m8 件
善光寺1,130,000 JPY71,250 JPY/sq.m21 件
国母9,508,108 JPY129,867 JPY/sq.m37 件
城東6,753,333 JPY115,682 JPY/sq.m30 件
大里町9,355,556 JPY154,248 JPY/sq.m9 件
23,000,000 JPY293,509 JPY/sq.m4 件
宮前町9,907,692 JPY181,263 JPY/sq.m13 件
富竹18,800,000 JPY251,360 JPY/sq.m5 件
川田町6,131,429 JPY127,110 JPY/sq.m36 件
幸町14,114,286 JPY199,945 JPY/sq.m7 件
徳行20,000,000 JPY258,482 JPY/sq.m4 件
朝日2,586,863 JPY112,818 JPY/sq.m52 件
武田27,750,000 JPY373,869 JPY/sq.m4 件
湯村19,666,667 JPY239,776 JPY/sq.m6 件
若松町23,625,000 JPY311,855 JPY/sq.m16 件
貢川本町17,662,500 JPY227,379 JPY/sq.m8 件
酒折2,810,526 JPY86,666 JPY/sq.m20 件
里吉9,593,333 JPY141,389 JPY/sq.m15 件
長松寺町23,500,000 JPY311,607 JPY/sq.m2 件
青沼17,000,000 JPY222,032 JPY/sq.m4 件
青葉町7,080,000 JPY99,448 JPY/sq.m10 件
高畑22,500,000 JPY232,697 JPY/sq.m8 件

Kofu-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 New437,141 JPY/sq.m100 %
Residual Value (10 Years)304,874 JPY/sq.m70 %
Residual Value (20 Years)202,312 JPY/sq.m46 %
Residual Value (20 Years)129,455 JPY/sq.m30 %
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 Kofu-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 Kofu-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. Yamanashi Kofu-Shi 宮前町 (Kofu-Shi Koufu 11.0 min walk)
24.3 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   9,700,000 JPY,    Unit price:   176,364 JPY/sq.m

2. Yamanashi Kofu-Shi 幸町 (Kofu-Shi Minamikoufu 9.0 min walk)
23.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

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

3. Yamanashi Kofu-Shi 宮前町 (Kofu-Shi Koufu 11.0 min walk)
23.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   200,000 JPY/sq.m

4. Yamanashi Kofu-Shi 宮前町 (Kofu-Shi Koufu 10.0 min walk)
26.5 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   236,364 JPY/sq.m

5. Yamanashi Kofu-Shi 城東 (Kofu-Shi Kanennte 8.0 min walk)
25.5 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   8,800,000 JPY,    Unit price:   160,000 JPY/sq.m

6. Yamanashi Kofu-Shi 城東 (Kofu-Shi Kanennte 11.0 min walk)
22.5 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01 00:00:00

Trading price:   3,500,000 JPY,    Unit price:   63,636 JPY/sq.m

7. Yamanashi Kofu-Shi 宮前町 (Kofu-Shi Koufu 10.0 min walk)
27.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   233,333 JPY/sq.m

8. Yamanashi Kofu-Shi 宮前町 (Kofu-Shi Koufu 11.0 min walk)
22.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-06-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   184,615 JPY/sq.m

9. Yamanashi Kofu-Shi 中央 (Kofu-Shi Koufu 12.0 min walk)
28.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

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

10. Yamanashi Kofu-Shi 中央 (Kofu-Shi Kanennte 9.0 min walk)
28.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-12-01 00:00:00

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

11. Yamanashi Kofu-Shi 青葉町 (Kofu-Shi Minamikoufu 9.0 min walk)
29.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4DK , Structure: SRC
- Trading date: 2020-03-01 00:00:00

Trading price:   6,200,000 JPY,    Unit price:   88,571 JPY/sq.m

12. Yamanashi Kofu-Shi 城東 (Kofu-Shi Zennkouji 8.0 min walk)
29.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-03-01 00:00:00

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

13. Yamanashi Kofu-Shi 宮前町 (Kofu-Shi Koufu 11.0 min walk)
20.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   6,700,000 JPY,    Unit price:   111,667 JPY/sq.m

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- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}

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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 an increase in transactions involving size for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • An decrease in average distance from the station (representing 12.9 min in 2019 and 11.1 min in 2020; -13.8%)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 60.0% of total transactions in 2019 and 53.8% of total transactions in 2020)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 3.3% of total transactions in 2019 and 3.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 3.3% of total transactions in 2019 and 7.7% 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 15.2% of total transactions in 2019 and 10.7% of total transactions in 2020)
The table below shows Apartment dealt in Yamanashi Kofu-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 Kofu-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
Kofu-Shi 幸町 (7) [Area]14,000,000185,714 JPY/sq.m14.4 yrs8 min70 sq.m
Kofu-Shi 宮前町 (13) [Area]9,700,000184,615 JPY/sq.m22.3 yrs11 min55 sq.m
Kofu-Shi 青沼 (4) [Area]16,500,000220,536 JPY/sq.m24.8 yrs14 min75 sq.m
Yamanashi (575) [Area]9,350,000173,214 JPY/sq.m24.8 yrs10 min65 sq.m
JR JR Minobu Line (518) [Stations]11,000,000176,364 JPY/sq.m24.4 yrs9 min65 sq.m
JR (575) [Stations]9,350,000173,214 JPY/sq.m24.8 yrs10 min65 sq.m
JR JR Chuo Main Line (439) [Stations]13,500,000225,098 JPY/sq.m24.3 yrs10 min65 sq.m
JR Chuo Main Line Koufu (382) [Stations]17,000,000236,364 JPY/sq.m18.6 yrs12 min70 sq.m
JR Minobu Line Koufu (382) [Stations]17,000,000236,364 JPY/sq.m18.6 yrs12 min70 sq.m