Nishiichinomiya Apartment average value
- Age 16.2 years old
- Dist. from Sta. 8.7 min walk
- Property area 74.4 sq.m
The average price of a sq.m Apartment of Aichi Meitetsu Bisai Line Nishiichinomiya, in 2017 was 236,190 JPY/sq.m. The market value represents an increase of 19,905 JPY (+9.2%) compared to 1 year ago and a transition to a strong market. 3 properties exchanged hands ( The market value represents a decrease of 2 (-40.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 13.7 years old (a -23.4% decrease compared to the 17.9 years old of last year.). The average size of the real estate was 71.7 sq.m (a -5.7% decrease compared to the 76.0 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.
Cause of price increases
- A dramatic decrease in average age of the building (representing 17.9 years old in 2016 and 13.7 years old in 2017; -23.4%)
- An decrease in average distance from the station (representing 9.8 min in 2016 and 8.0 min in 2017; -18.4%)
- A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 20.0% of total transactions in 2016 and 33.3% of total transactions in 2017)
Causes of price decreases
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 20.0% of total transactions in 2016 and 33.3% of total transactions in 2017)
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|
Meitetsu Bisai Line Railway market report
|2017. Jan - Dec|
|2016. Jan - Dec|
|2015. Jan - Dec|
|2014. Jan - Dec|