JR Apartment average value
Price 10,943,448 JPY
- 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)
JR Apartment market value list
|Stations||Average Trading Price||Average Unit Price|
|JR Yosan Line||10,943,448 JPY||155,496 JPY/sq.m|