Futago Apartment average value

Price 7,827,778 JPY
  (106,343 JPY/sq.m)
- Age 18.6 years old
- Dist. from Sta. 19.4 min walk
- Property area 74.4 sq.m

The average price of a sq.m Apartment of Aichi Meitetsu Bisai Line Futago, in 2017 was 146,666 JPY/sq.m. The market value represents a decrease of 10,476 JPY (-6.7%) compared to 1 year ago and a transition to a bear market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 27.3 years old (a +25.3% increase compared to the 21.8 years old of last year.). The average size of the real estate was 75.0 sq.m (a +7.1% increase compared to the 70.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.8 years old in 2016 and 27.3 years old in 2017; +25.3%)
  • A dramatic increase in average distance from the station (representing 16.0 min in 2016 and 26.0 min in 2017; +62.5%)
Data regarding the market value and its changes of Apartment in Futago were calculated using data on the sales of 18 properties provided by the MLIT Japan.

Futago Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
萩原町萩原8,800,000 JPY415,583 JPY/sq.mFutago16 min
萩原町朝宮8,400,000 JPY347,107 JPY/sq.mFutago13 min
萩原町萩原11,000,000 JPY519,478 JPY/sq.mFutago16 min
萩原町朝宮6,600,000 JPY272,727 JPY/sq.mFutago12 min
萩原町朝宮8,500,000 JPY312,212 JPY/sq.mFutago12 min
萩原町朝宮6,300,000 JPY245,015 JPY/sq.mFutago14 min
萩原町萩原8,500,000 JPY401,415 JPY/sq.mFutago15 min

Meitetsu Bisai Line Railway market report

2017. Jan - Dec
 18 tradings
2016. Jan - Dec
 39 tradings
2015. Jan - Dec
 36 tradings
2014. Jan - Dec
 30 tradings
4Q
3
3Q
9
2Q
1
1Q
5
4Q
13
3Q
9
2Q
8
1Q
9
4Q
7
3Q
12
2Q
8
1Q
9
4Q
6
3Q
4
2Q
8
1Q
12
Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

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 New329,071 JPY/sq.m100 %
Residual Value (10 Years)192,096 JPY/sq.m58 %
Residual Value (20 Years)98,853 JPY/sq.m30 %
Residual Value (20 Years)49,342 JPY/sq.m15 %
Color:
Unit:   Touch:
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 Futago 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 Aichi Meitetsu Bisai Line Futago 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.

Related sales({{similarlist.length}})

1. Aichi Ichinomiya-Shi 萩原町萩原Ichinomiya-Shi Futago 16.0 min walk)
20.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01T00:00:00Z
Trading price:   8,800,000 JPY,    Unit price:   125,714 JPY/sq.m
2. Aichi Ichinomiya-Shi 萩原町朝宮Ichinomiya-Shi Futago 13.0 min walk)
18.8 years old , Area: 80 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2010-12-01T00:00:00Z
Trading price:   8,400,000 JPY,    Unit price:   105,000 JPY/sq.m
3. Aichi Ichinomiya-Shi 萩原町萩原Ichinomiya-Shi Futago 16.0 min walk)
21.8 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-12-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   157,142 JPY/sq.m
4. Aichi Ichinomiya-Shi 萩原町朝宮Ichinomiya-Shi Futago 12.0 min walk)
18.8 years old , Area: 80 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-12-01T00:00:00Z
Trading price:   6,600,000 JPY,    Unit price:   82,500 JPY/sq.m
5. Aichi Ichinomiya-Shi 萩原町朝宮Ichinomiya-Shi Futago 12.0 min walk)
18.0 years old , Area: 90 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2011-03-01T00:00:00Z
Trading price:   8,500,000 JPY,    Unit price:   94,444 JPY/sq.m
6. Aichi Ichinomiya-Shi 萩原町朝宮Ichinomiya-Shi Futago 14.0 min walk)
23.3 years old , Area: 85 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2015-06-01T00:00:00Z
Trading price:   6,300,000 JPY,    Unit price:   74,117 JPY/sq.m
7. Aichi Ichinomiya-Shi 萩原町萩原Ichinomiya-Shi Futago 15.0 min walk)
13.3 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-06-01T00:00:00Z
Trading price:   8,500,000 JPY,    Unit price:   121,428 JPY/sq.m
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Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.8 years old in 2016 and 27.3 years old in 2017; +25.3%)
  • A dramatic increase in average distance from the station (representing 16.0 min in 2016 and 26.0 min in 2017; +62.5%)
The table below shows Apartment dealt in Aichi Meitetsu Bisai Line Futago, 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 Futago

    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
    Meitetsu Bisai Line Tamanoi (15) [Stations]9,500,000126,66615.3 yrs13 min75 sq.m
    Meitetsu Bisai Line Tsushima (63) [Stations]9,200,000128,00017.8 yrs9 min70 sq.m
    Meitetsu Bisai Line Okuchou (45) [Stations]9,600,000133,33316.5 yrs24 min70 sq.m
    Meitetsu Bisai Line Fuchidaka (10) [Stations]6,200,00077,50020.8 yrs8 min80 sq.m
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