Kaimei Apartment average value

Price 11,172,727 JPY
  (147,287 JPY/sq.m)
- Age 15.6 years old
- Dist. from Sta. 19.7 min walk
- Property area 74.1 sq.m

The average price of a sq.m Apartment of Aichi Meitetsu Bisai Line Kaimei, in 2017 was 200,000 JPY/sq.m. The market value represents an increase of 42,858 JPY (+27.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 29.8 years old (a +72.4% increase compared to the 17.3 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 size for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.0 min in 2016 and 15.0 min in 2017; -50.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 17.3 years old in 2016 and 29.8 years old in 2017; +72.4%)
Data regarding the market value and its changes of Apartment in Kaimei were calculated using data on the sales of 11 properties provided by the MLIT Japan.

Kaimei Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
奥町9,300,000 JPY472,979 JPY/sq.mKaimei12 min
奥町9,800,000 JPY498,410 JPY/sq.mKaimei10 min
大和町馬引5,500,000 JPY330,579 JPY/sq.mKaimei15 min
大和町馬引6,200,000 JPY341,597 JPY/sq.mKaimei15 min
開明12,000,000 JPY417,570 JPY/sq.mKaimei2 min
三条11,000,000 JPY519,478 JPY/sq.mKaimei30 min
三条8,100,000 JPY382,526 JPY/sq.mKaimei30 min
三条11,000,000 JPY519,478 JPY/sq.mKaimei30 min
大和町馬引15,000,000 JPY661,157 JPY/sq.mKaimei15 min
三条15,000,000 JPY550,962 JPY/sq.mKaimei30 min
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 New293,044 JPY/sq.m100 %
Residual Value (10 Years)173,509 JPY/sq.m59 %
Residual Value (20 Years)98,278 JPY/sq.m34 %
Residual Value (20 Years)67,351 JPY/sq.m23 %
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




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Calculate Kaimei 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 Kaimei 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. Aichi Ichinomiya-Shi 奥町Ichinomiya-Shi Kaimei 12.0 min walk)
15.0 years old , Area: 65 sq.m , Layout: 2DK , Structure: RC
- Trading date: 2010-03-01T00:00:00Z

Trading price:   9,300,000 JPY,    Unit price:   143,076 JPY/sq.m

2. Aichi Ichinomiya-Shi 奥町Ichinomiya-Shi Kaimei 10.0 min walk)
17.0 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-03-01T00:00:00Z

Trading price:   9,800,000 JPY,    Unit price:   150,769 JPY/sq.m

3. Aichi Ichinomiya-Shi 大和町馬引Ichinomiya-Shi Kaimei 15.0 min walk)
22.5 years old , Area: 55 sq.m , Layout: 3DK , Structure: RC
- Trading date: 2010-09-01T00:00:00Z

Trading price:   5,500,000 JPY,    Unit price:   100,000 JPY/sq.m

4. Aichi Ichinomiya-Shi 大和町馬引Ichinomiya-Shi Kaimei 15.0 min walk)
23.5 years old , Area: 60 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-09-01T00:00:00Z

Trading price:   6,200,000 JPY,    Unit price:   103,333 JPY/sq.m

5. Aichi Ichinomiya-Shi 開明Ichinomiya-Shi Kaimei 2.0 min walk)
10.3 years old , Area: 95 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2010-06-01T00:00:00Z

Trading price:   12,000,000 JPY,    Unit price:   126,315 JPY/sq.m

6. Aichi Ichinomiya-Shi 三条Ichinomiya-Shi Kaimei 30.0 min walk)
14.3 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-06-01T00:00:00Z

Trading price:   11,000,000 JPY,    Unit price:   157,142 JPY/sq.m

7. Aichi Ichinomiya-Shi 三条Ichinomiya-Shi Kaimei 30.0 min walk)
14.0 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-03-01T00:00:00Z

Trading price:   8,100,000 JPY,    Unit price:   115,714 JPY/sq.m

8. Aichi Ichinomiya-Shi 三条Ichinomiya-Shi Kaimei 30.0 min walk)
17.3 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01T00:00:00Z

Trading price:   11,000,000 JPY,    Unit price:   157,142 JPY/sq.m

9. Aichi Ichinomiya-Shi 大和町馬引Ichinomiya-Shi Kaimei 15.0 min walk)
29.8 years old , Area: 75 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01T00:00:00Z

Trading price:   15,000,000 JPY,    Unit price:   200,000 JPY/sq.m

10. Aichi Ichinomiya-Shi 三条Ichinomiya-Shi Kaimei 30.0 min walk)
5.3 years old , Area: 90 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2013-06-01T00:00:00Z

Trading price:   15,000,000 JPY,    Unit price:   166,666 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 slight decrease in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.0 min in 2016 and 15.0 min in 2017; -50.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 17.3 years old in 2016 and 29.8 years old in 2017; +72.4%)
The table below shows Apartment dealt in Aichi Meitetsu Bisai Line Kaimei, 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 Kaimei

    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 Okuchou (47) [Stations]9,600,000133,33316.5 yrs24 min70 sq.m
    Meitetsu Bisai Line Tamanoi (15) [Stations]9,500,000126,66615.3 yrs13 min75 sq.m
    Meitetsu Bisai Line Futago (18) [Stations]8,450,000111,16618.8 yrs16 min75 sq.m
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