Other Apartment average value
- Age 21.7 years old
- Dist. from Sta. 16.3 min walk
- Property area 58.4 sq.m
The average price of a sq.m Apartment of Fukushima Other, in 2017 was 183,390 JPY/sq.m. The market value represents a decrease of 48,598 JPY (-20.9%) compared to 1 year ago and a transition to a dramatic market. 15 properties exchanged hands ( The market value represents a decrease of 17 (-53.1%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 24.2 years old (a +14.8% increase compared to the 21.1 years old of last year.). The average size of the real estate was 58.7 sq.m (a -6.8% decrease compared to the 63.0 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
- An increase in average age of the building (representing 21.1 years old in 2016 and 24.2 years old in 2017; +14.8%)
- A dramatic increase in average distance from the station (representing 18.3 min in 2016 and 22.2 min in 2017; +21.4%)
- A dramatic increase in transactions involving older buildings over 40 years old (representing 3.2% of total transactions in 2016 and 7.1% of total transactions in 2017)
Other Apartment market value list
|Stations||Average Trading Price||Average Unit Price|
|Fukushima Kōtsū Iizaka Line||13,655,376 JPY||217,533 JPY/sq.m|
|Abukuma Express Line||13,699,390 JPY||218,767 JPY/sq.m|