Kannnonnji Apartment average value

Price 8,960,000 JPY
  (124,357 JPY/sq.m)
- Age 23.3 years old
- Dist. from Sta. 12.6 min walk
- Property area 69.2 sq.m

The average price of a sq.m Apartment of Aichi Meitetsu Bisai Line Kannnonnji, in 2017 was 182,142 JPY/sq.m. The market value represents an increase of 163,682 JPY (+886.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.0 years old (a -56.1% decrease compared to the 41.0 years old of last year.). The average size of the real estate was 70.0 sq.m (a +7.7% increase compared to the 65.0 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 age of the building (representing 41.0 years old in 2016 and 18.0 years old in 2017; -56.1%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2016 and 14.0 min in 2017; +250.0%)
Data regarding the market value and its changes of Apartment in Kannnonnji were calculated using data on the sales of 18 properties provided by the MLIT Japan.

Kannnonnji Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
観音寺13,000,000 JPY613,931 JPY/sq.mKannnonnji3 min
観音寺15,000,000 JPY583,372 JPY/sq.mKannnonnji3 min
観音寺6,700,000 JPY316,410 JPY/sq.mKannnonnji3 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 New380,798 JPY/sq.m100 %
Residual Value (10 Years)232,434 JPY/sq.m61 %
Residual Value (20 Years)128,375 JPY/sq.m34 %
Residual Value (20 Years)68,620 JPY/sq.m18 %
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 Kannnonnji 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 Kannnonnji 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 観音寺Ichinomiya-Shi Kannnonnji 3.0 min walk)
21.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01T00:00:00Z

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

2. Aichi Ichinomiya-Shi 観音寺Ichinomiya-Shi Kannnonnji 3.0 min walk)
16.8 years old , Area: 85 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2010-12-01T00:00:00Z

Trading price:   15,000,000 JPY,    Unit price:   176,470 JPY/sq.m

3. Aichi Ichinomiya-Shi 観音寺Ichinomiya-Shi Kannnonnji 3.0 min walk)
13.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-09-01T00:00:00Z

Trading price:   6,700,000 JPY,    Unit price:   95,714 JPY/sq.m

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Trading price:   {{item.price|number:0}} JPY,    Unit price:   {{item.unit_price|number:0}} 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 age of the building (representing 41.0 years old in 2016 and 18.0 years old in 2017; -56.1%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2016 and 14.0 min in 2017; +250.0%)
The table below shows Apartment dealt in Aichi Meitetsu Bisai Line Kannnonnji, 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 Kannnonnji

    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 (65) [Stations]9,200,000128,00017.8 yrs9 min70 sq.m
    Meitetsu Bisai Line Futago (18) [Stations]8,450,000111,16618.8 yrs16 min75 sq.m
    Meitetsu Bisai Line Kaimei (11) [Stations]11,000,000150,76915.0 yrs15 min70 sq.m
    Meitetsu Meitetsu Bisai Line (411) [Stations]11,000,000157,14220.6 yrs10 min75 sq.m
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