JR Tohoku Main Line Apartment average value

Price 12,685,603 JPY
  (198,011 JPY/sq.m)
- Age 20.7 years old
- Dist. from Sta. 20.5 min walk
- Property area 60.5 sq.m

The average price of a sq.m Apartment of Fukushima JR JR Tohoku Main Line, in 2017 was 166,610 JPY/sq.m. The market value represents a decrease of 31,523 JPY (-15.9%) compared to 1 year ago and a transition to a weak market. 13 properties exchanged hands ( The market value represents a decrease of 61 (-82.4%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 27.9 years old (a +28.0% increase compared to the 21.8 years old of last year.). The average size of the real estate was 50.8 sq.m (a -15.5% decrease compared to the 60.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving small size for a single person households less than 30 sq.m.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.8 years old in 2016 and 27.9 years old in 2017; +28.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 5.6% of total transactions in 2016 and 15.4% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in JR Tohoku Main Line were calculated using data on the sales of 908 properties provided by the MLIT Japan.

JR Tohoku Main Line Apartment market value list

StationsAverage Trading PriceAverage Unit Price
Asakanagamori22,250,000 JPY260,292 JPY/sq.m
Koriyama11,681,286 JPY180,601 JPY/sq.m
Minamifukushima7,661,538 JPY121,389 JPY/sq.m
Fukushima14,656,098 JPY235,805 JPY/sq.m

JR Tohoku Main Line Railway market report

2017. Jan Jun
 13 tradings
2016. Jan Sep
 74 tradings
2015. Jan Dec
 93 tradings
2014. Jan Dec
 47 tradings
2013. Jan Dec
 101 tradings
--2Q
3
--3Q
21
2Q
29
1Q
24
4Q
19
3Q
22
2Q
28
1Q
24
4Q
7
3Q
19
2Q
9
1Q
12
4Q
10
3Q
29
2Q
41
1Q
21
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 New435,663 JPY/sq.m100 %
Residual Value (10 Years)298,345 JPY/sq.m68 %
Residual Value (20 Years)193,802 JPY/sq.m44 %
Residual Value (20 Years)122,034 JPY/sq.m28 %
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 Tohoku Main Line 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 Fukushima JR JR Tohoku Main Line 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 Tohoku Main Line

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 small size for a single person households less than 30 sq.m.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.8 years old in 2016 and 27.9 years old in 2017; +28.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 5.6% of total transactions in 2016 and 15.4% of total transactions in 2017)
The table below shows Apartment dealt in Fukushima JR JR Tohoku Main Line, 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 Tohoku Main Line

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 (1,136) [Stations]12,000,000200,00022.8 yrs19 min65 sq.m
JR JR Ban'etsu East Line (659) [Stations]11,500,000181,39822.8 yrs23 min65 sq.m
JR JR Ban'etsu West Line (659) [Stations]11,000,000171,11122.8 yrs24 min65 sq.m
Top