Nishiichinomiya Apartment average value
- Age 16.6 years old
- Dist. from Sta. 8.5 min walk
- Property area 74.1 sq.m
The average price of a sq.m Apartment of Aichi Meitetsu Bisai Line Nishiichinomiya, in 2018 was 263,369 JPY/sq.m. The market value represents an increase of 27,179 JPY (+11.5%) compared to 1 year ago and a transition to a bull market. 3 properties exchanged hands (It was the same as last year.).
The average age of the real estate was 19.3 years old (a +40.8% increase compared to the 13.7 years old of last year.). The average size of the real estate was 68.3 sq.m (a -4.7% decrease compared to the 71.7 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.
Causes of price decreases
- A dramatic increase in average age of the building (representing 13.7 years old in 2017 and 19.3 years old in 2018; +40.8%)
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2017 and 66.7% of total transactions in 2018)
Nishiichinomiya Apartment transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|神戸町||9,400,000 JPY||443,917 JPY/sq.m||Nishiichinomiya||8 min|
|音羽||16,000,000 JPY||661,157 JPY/sq.m||Nishiichinomiya||8 min|
|八幡||11,000,000 JPY||519,478 JPY/sq.m||Nishiichinomiya||8 min|
|八幡||15,000,000 JPY||661,157 JPY/sq.m||Nishiichinomiya||7 min|
Meitetsu Bisai Line Railway market report
|2018. Jan - Sep|
|2017. Jan - Dec|
|2016. Jan - Dec|
|2015. Jan - Dec|