Kyushu Shinkansen Apartment average value

Price 15,952,294 JPY
  (247,118 JPY/sq.m)
- Age 20.5 years old
- Dist. from Sta. 19.8 min walk
- Property area 57.5 sq.m

The average price of a sq.m Apartment of Kagoshima Shinkansen Kyushu Shinkansen, in 2017 was 224,178 JPY/sq.m. The market value represents a decrease of 33,984 JPY (-13.2%) compared to 1 year ago and a transition to a weak market. 8 properties exchanged hands ( The market value represents a decrease of 40 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 25.1 years old (a +27.8% increase compared to the 19.6 years old of last year.). The average size of the real estate was 42.5 sq.m (a -25.3% decrease compared to the 56.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.1% of total transactions in 2016 and 12.5% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.6 years old in 2016 and 25.1 years old in 2017; +27.8%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 41.5% of total transactions in 2016 and 66.7% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Kyushu Shinkansen were calculated using data on the sales of 531 properties provided by the MLIT Japan.

Kyushu Shinkansen Apartment market value list

StationsAverage Trading PriceAverage Unit Price
Sendai16,800,000 JPY215,126 JPY/sq.m
Kagoshima-Chuo15,961,111 JPY247,422 JPY/sq.m

Kyushu Shinkansen Railway market report

2017. Jan - Sep
 8 tradings
2016. Jan - Dec
 48 tradings
2015. Jan - Dec
 32 tradings
2014. Jan - Dec
 30 tradings
-3Q
3
-1Q
5
4Q
8
3Q
10
2Q
16
1Q
14
4Q
5
3Q
8
2Q
4
1Q
15
4Q
7
3Q
11
2Q
4
1Q
8

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 New449,633 JPY/sq.m100 %
Residual Value (10 Years)343,457 JPY/sq.m76 %
Residual Value (20 Years)250,830 JPY/sq.m56 %
Residual Value (20 Years)171,754 JPY/sq.m38 %
Color:
Unit:   Touch:
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 Kyushu Shinkansen 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 Kagoshima Shinkansen Kyushu Shinkansen 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

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

Related sales({{similarlist.length}})

1. Kagoshima Kagoshima-Shi 唐湊Kagoshima-Shi Kagoshima-Chuo 20.0 min walk)
16.8 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-12-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m
2. Kagoshima Kagoshima-Shi 樋之口町Kagoshima-Shi Kagoshima-Chuo 19.0 min walk)
19.4 years old , Area: 80 sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2008-06-01T00:00:00Z
Trading price:   17,000,000 JPY,    Unit price:   212,500 JPY/sq.m
3. Kagoshima Kagoshima-Shi 照国町Kagoshima-Shi Kagoshima-Chuo 21.0 min walk)
19.5 years old , Area: 75 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-09-01T00:00:00Z
Trading price:   20,000,000 JPY,    Unit price:   266,666 JPY/sq.m
4. Kagoshima Kagoshima-Shi 下荒田Kagoshima-Shi Kagoshima-Chuo 23.0 min walk)
17.8 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m
5. Kagoshima Kagoshima-Shi 唐湊Kagoshima-Shi Kagoshima-Chuo 23.0 min walk)
16.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-09-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   257,142 JPY/sq.m
6. Kagoshima Kagoshima-Shi 唐湊Kagoshima-Shi Kagoshima-Chuo 23.0 min walk)
16.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-09-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m
7. Kagoshima Kagoshima-Shi 唐湊Kagoshima-Shi Kagoshima-Chuo 19.0 min walk)
14.8 years old , Area: 80 sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2010-12-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   225,000 JPY/sq.m
8. Kagoshima Kagoshima-Shi 樋之口町Kagoshima-Shi Kagoshima-Chuo 19.0 min walk)
20.2 years old , Area: 80 sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2009-03-01T00:00:00Z
Trading price:   17,000,000 JPY,    Unit price:   212,500 JPY/sq.m
9. Kagoshima Kagoshima-Shi 武Kagoshima-Shi Kagoshima-Chuo 19.0 min walk)
14.5 years old , Area: 80 sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2013-09-01T00:00:00Z
Trading price:   20,000,000 JPY,    Unit price:   250,000 JPY/sq.m
10. Kagoshima Kagoshima-Shi 樋之口町Kagoshima-Shi Kagoshima-Chuo 19.0 min walk)
20.4 years old , Area: 80 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-06-01T00:00:00Z
Trading price:   17,000,000 JPY,    Unit price:   212,500 JPY/sq.m
11. Kagoshima Kagoshima-Shi 荒田Kagoshima-Shi Kagoshima-Chuo 24.0 min walk)
18.7 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2007-09-01T00:00:00Z
Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m
12. Kagoshima Kagoshima-Shi 唐湊Kagoshima-Shi Kagoshima-Chuo 23.0 min walk)
14.3 years old , Area: 80 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-06-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   225,000 JPY/sq.m
13. Kagoshima Kagoshima-Shi 唐湊Kagoshima-Shi Kagoshima-Chuo 23.0 min walk)
14.0 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-03-01T00:00:00Z
Trading price:   15,000,000 JPY,    Unit price:   214,285 JPY/sq.m
{{$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:   Touch:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.1% of total transactions in 2016 and 12.5% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.6 years old in 2016 and 25.1 years old in 2017; +27.8%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 41.5% of total transactions in 2016 and 66.7% of total transactions in 2017)
The table below shows Apartment dealt in Kagoshima Shinkansen Kyushu Shinkansen, 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 Kyushu Shinkansen

    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
    Kyushu Shinkansen Kagoshima-Chuo (526) [Stations]17,500,000231,66617.8 yrs20 min70 sq.m
    Shinkansen (531) [Stations]17,000,000230,00017.4 yrs20 min70 sq.m
    Kyushu Shinkansen Sendai (5) [Stations]16,000,000214,2859.5 yrs20 min80 sq.m
    Top