Okuchou Apartment average value
- Age 16.7 years old
- Dist. from Sta. 20.4 min walk
- Property area 74.6 sq.m
The average price of a sq.m Apartment of Aichi Meitetsu Bisai Line Okuchou, in 2017 was 220,000 JPY/sq.m. The market value represents an increase of 81,337 JPY (+58.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 11.8 years old (a -45.3% decrease compared to the 21.5 years old of last year.). The average size of the real estate was 100.0 sq.m (a +45.5% increase compared to the 68.8 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.
Cause of price increases
- A dramatic decrease in average age of the building (representing 21.5 years old in 2016 and 11.8 years old in 2017; -45.3%)
Causes of price decreases
- A dramatic increase in average distance from the station (representing 11.2 min in 2016 and 25.0 min in 2017; +122.2%)
Okuchou Apartment transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|三条||9,600,000 JPY||453,362 JPY/sq.m||Okuchou||23 min|
|三条||13,000,000 JPY||613,931 JPY/sq.m||Okuchou||25 min|
|小信中島||9,200,000 JPY||320,139 JPY/sq.m||Okuchou||24 min|
|小信中島||14,000,000 JPY||544,479 JPY/sq.m||Okuchou||20 min|
|小信中島||9,000,000 JPY||350,023 JPY/sq.m||Okuchou||21 min|
Meitetsu Bisai Line Railway market report
|2017. Jan - Dec|
|2016. Jan - Dec|
|2015. Jan - Dec|
|2014. Jan - Dec|