JR Apartment average value

Price 10,943,448 JPY
  (155,496 JPY/sq.m)
- Age 20.9 years old
- Dist. from Sta. 17.2 min walk
- Property area 65.2 sq.m

The average price of a sq.m Apartment of Ehime JR, in 2017 was 97,078 JPY/sq.m. The market value represents a decrease of 54,801 JPY (-36.1%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 24 (-82.8%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.3 years old (a +39.5% increase compared to the 21.0 years old of last year.). The average size of the real estate was 65.0 sq.m (a -6.9% decrease compared to the 69.8 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.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.0 years old in 2016 and 29.3 years old in 2017; +39.5%)
  • A dramatic increase in average distance from the station (representing 18.0 min in 2016 and 27.8 min in 2017; +54.4%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 17.2% of total transactions in 2016 and 40.0% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in JR were calculated using data on the sales of 313 properties provided by the MLIT Japan.

JR Apartment market value list

StationsAverage Trading PriceAverage Unit Price
JR Yosan Line10,943,448 JPY155,496 JPY/sq.m
Note! Internet Explorer version 8.0 or less and some versions of Firefox are not able to support our website. For those on Windows XP, please use Google Chrome to access our site.
See Supported Browser

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.)
{{(expShow==true) ? 'Close' : 'Show all'}}
AgeTrading PriceProportion
Price at New307,226 JPY/sq.m100 %
Residual Value (10 Years)204,955 JPY/sq.m67 %
Residual Value (20 Years)148,064 JPY/sq.m48 %
Residual Value (20 Years)136,554 JPY/sq.m44 %
Color:

Unit:
Property Details:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

When you change the slider, the unit price will change.

Age of a building Property area Total floor area Distance from the station




Top

Calculate JR 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 Ehime JR Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true}}
({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Top

Trading data in JR

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

{{$index+1}}. {{item.place}} {{item.stations[0]}} {{item.station_distance}} min walk)
{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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

Top

Apartment market value trends

Market value trends for Apartment are as follows.

Data:

Unit:

Breakdown of each segment

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.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.0 years old in 2016 and 29.3 years old in 2017; +39.5%)
  • A dramatic increase in average distance from the station (representing 18.0 min in 2016 and 27.8 min in 2017; +54.4%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 17.2% of total transactions in 2016 and 40.0% of total transactions in 2017)
The table below shows Apartment dealt in Ehime JR, 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:

Top

Area close to the price in JR

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
JR Yosan Line Imabari (62) [Stations]10,000,000160,00019.8 yrs15 min70 sq.m
JR JR Yosan Line (313) [Stations]10,000,000148,68419.9 yrs15 min70 sq.m
Iyotetsu Jonan Line Kamiichimann (21) [Stations]15,000,000168,00016.8 yrs13 min85 sq.m
Iyotetsu Jonan Line Dougoonnsenn (54) [Stations]4,500,000120,00020.5 yrs11 min62 sq.m
Imabari-Shi (62) [Area]10,000,000160,00019.8 yrs15 min70 sq.m
Imabari-Shi 松本町 (7) [Area]11,000,000160,00017.8 yrs17 min70 sq.m
Matsuyama-Shi 姫原 (33) [Area]12,000,000171,42818.5 yrs18 min70 sq.m
Matsuyama-Shi 紅葉町 (6) [Area]12,000,000178,02123.4 yrs18 min65 sq.m
Top