Tsushima Apartment average value

Price 10,283,077 JPY
  (138,821 JPY/sq.m)
- Age 16.7 years old
- Dist. from Sta. 9.3 min walk
- Property area 72.5 sq.m

The average price of a sq.m Apartment of Aichi Meitetsu Bisai Line Tsushima, in 2017 was 118,750 JPY/sq.m. The market value represents a decrease of 7,348 JPY (-5.8%) compared to 1 year ago and a transition to a bear market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.2 years old (a -25.7% decrease compared to the 25.8 years old of last year.). The average size of the real estate was 80.0 sq.m (a +14.3% increase compared to the 70.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 25.8 years old in 2016 and 19.2 years old in 2017; -25.7%)
  • A dramatic decrease in average distance from the station (representing 16.5 min in 2016 and 9.0 min in 2017; -45.5%)
Data regarding the market value and its changes of Apartment in Tsushima were calculated using data on the sales of 65 properties provided by the MLIT Japan.

Tsushima Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
柳原町7,300,000 JPY301,653 JPY/sq.mTsushima9 min
柳原町9,200,000 JPY380,165 JPY/sq.mTsushima9 min
柳原町14,000,000 JPY578,512 JPY/sq.mTsushima9 min
柳原町12,000,000 JPY495,868 JPY/sq.mTsushima9 min

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 New297,088 JPY/sq.m100 %
Residual Value (10 Years)192,541 JPY/sq.m65 %
Residual Value (20 Years)117,347 JPY/sq.m39 %
Residual Value (20 Years)71,505 JPY/sq.m24 %
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 Tsushima 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 Tsushima 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 Tsushima-Shi 金町Tsushima-Shi Tsushima 10.0 min walk)
17.8 years old , Area: 75 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-12-01T00:00:00Z

Trading price:   9,600,000 JPY,    Unit price:   128,000 JPY/sq.m

2. Aichi Tsushima-Shi 柳原町Tsushima-Shi Tsushima 9.0 min walk)
19.0 years old , Area: 80 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2017-03-01T00:00:00Z

Trading price:   7,300,000 JPY,    Unit price:   91,250 JPY/sq.m

3. Aichi Tsushima-Shi 柳原町Tsushima-Shi Tsushima 9.0 min walk)
19.0 years old , Area: 80 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2017-03-01T00:00:00Z

Trading price:   9,200,000 JPY,    Unit price:   115,000 JPY/sq.m

4. Aichi Tsushima-Shi 金町Tsushima-Shi Tsushima 10.0 min walk)
16.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2008-09-01T00:00:00Z

Trading price:   9,200,000 JPY,    Unit price:   131,428 JPY/sq.m

5. Aichi Tsushima-Shi 金町Tsushima-Shi Tsushima 10.0 min walk)
16.5 years old , Area: 80 sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2008-09-01T00:00:00Z

Trading price:   9,000,000 JPY,    Unit price:   112,500 JPY/sq.m

6. Aichi Tsushima-Shi 金町Tsushima-Shi Tsushima 10.0 min walk)
19.3 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-06-01T00:00:00Z

Trading price:   9,900,000 JPY,    Unit price:   141,428 JPY/sq.m

7. Aichi Tsushima-Shi 柳原町Tsushima-Shi Tsushima 9.0 min walk)
16.0 years old , Area: 80 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2014-03-01T00:00:00Z

Trading price:   14,000,000 JPY,    Unit price:   175,000 JPY/sq.m

8. Aichi Tsushima-Shi 柳原町Tsushima-Shi Tsushima 9.0 min walk)
19.5 years old , Area: 80 sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2017-09-01T00:00:00Z

Trading price:   12,000,000 JPY,    Unit price:   150,000 JPY/sq.m

9. Aichi Tsushima-Shi 金町Tsushima-Shi Tsushima 10.0 min walk)
19.8 years old , Area: 75 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-12-01T00:00:00Z

Trading price:   9,000,000 JPY,    Unit price:   120,000 JPY/sq.m

10. Aichi Tsushima-Shi 金町Tsushima-Shi Tsushima 10.0 min walk)
20.8 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-12-01T00:00:00Z

Trading price:   9,800,000 JPY,    Unit price:   140,000 JPY/sq.m

11. Aichi Tsushima-Shi 良王町Tsushima-Shi Tsushima 9.0 min walk)
21.3 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01T00:00:00Z

Trading price:   7,500,000 JPY,    Unit price:   115,384 JPY/sq.m

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- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}

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 dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 25.8 years old in 2016 and 19.2 years old in 2017; -25.7%)
  • A dramatic decrease in average distance from the station (representing 16.5 min in 2016 and 9.0 min in 2017; -45.5%)
The table below shows Apartment dealt in Aichi Meitetsu Bisai Line Tsushima, 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 Tsushima

    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 Meitetsu Bisai Line (411) [Stations]11,000,000157,14220.6 yrs10 min75 sq.m
    Meitetsu Bisai Line Yatomi (11) [Stations]13,000,000162,50010.4 yrs6 min80 sq.m
    Meitetsu Bisai Line Nishiichinomiya (36) [Stations]13,000,000179,52312.8 yrs8 min70 sq.m
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