Tsurumiono Apartment average value

Price 17,433,846 JPY
  (518,267 JPY/sq.m)
- Age 17.5 years old
- Dist. from Sta. 6.4 min walk
- Property area 42.2 sq.m

The average price of a sq.m Apartment of Kanagawa JR Tsurumi Line Tsurumiono, in 2017 was 546,666 JPY/sq.m. The market value represents an increase of 73,496 JPY (+15.5%) compared to 1 year ago and a transition to a bull market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 26.4 years old (a +10.7% increase compared to the 23.9 years old of last year.). The average size of the real estate was 15.0 sq.m (a -69.5% decrease compared to the 49.2 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.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 7.8 min in 2016 and 6.0 min in 2017; -23.4%)

Causes of price decreases

  • An increase in average age of the building (representing 23.9 years old in 2016 and 26.4 years old in 2017; +10.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2016 and 100.0% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Tsurumiono were calculated using data on the sales of 65 properties provided by the MLIT Japan.

Tsurumiono Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
下野谷町4,800,000 JPY1,057,851 JPY/sq.mTsurumiono6 min
下野谷町4,800,000 JPY1,057,851 JPY/sq.mTsurumiono6 min
下野谷町5,200,000 JPY1,146,003 JPY/sq.mTsurumiono6 min

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 New646,961 JPY/sq.m100 %
Residual Value (10 Years)431,615 JPY/sq.m67 %
Residual Value (20 Years)319,533 JPY/sq.m49 %
Residual Value (20 Years)310,717 JPY/sq.m48 %
Color:
Unit:   Touch:



Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




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

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({{unit_price|number:0}} JPY/sq.m)

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

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Trading Data

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

1. Kanagawa Yokohama-Shi Tsurumi-Ku 本町通Yokohama-Shi Tsurumiono 8.0 min walk)
19.8 years old , Area: 35 sq.m , Layout: 2DK , Structure: RC
- Trading date: 2006-12-01T00:00:00Z

Trading price:   6,600,000 JPY,    Unit price:   188,571 JPY/sq.m

2. Kanagawa Yokohama-Shi Tsurumi-Ku 汐入町Yokohama-Shi Tsurumiono 8.0 min walk)
14.3 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01T00:00:00Z

Trading price:   24,000,000 JPY,    Unit price:   369,230 JPY/sq.m

3. Kanagawa Yokohama-Shi Tsurumi-Ku 汐入町Yokohama-Shi Tsurumiono 8.0 min walk)
13.8 years old , Area: 65 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-12-01T00:00:00Z

Trading price:   19,000,000 JPY,    Unit price:   292,307 JPY/sq.m

4. Kanagawa Yokohama-Shi Tsurumi-Ku 汐入町Yokohama-Shi Tsurumiono 7.0 min walk)
12.3 years old , Area: 60 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-06-01T00:00:00Z

Trading price:   23,000,000 JPY,    Unit price:   383,333 JPY/sq.m

5. Kanagawa Yokohama-Shi Tsurumi-Ku 本町通Yokohama-Shi Tsurumiono 8.0 min walk)
24.0 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-03-01T00:00:00Z

Trading price:   14,000,000 JPY,    Unit price:   215,384 JPY/sq.m

6. Kanagawa Yokohama-Shi Tsurumi-Ku 本町通Yokohama-Shi Tsurumiono 8.0 min walk)
24.0 years old , Area: 60 sq.m , Layout: 3DK , Structure: SRC
- Trading date: 2015-03-01T00:00:00Z

Trading price:   14,000,000 JPY,    Unit price:   233,333 JPY/sq.m

7. Kanagawa Yokohama-Shi Tsurumi-Ku 下野谷町Yokohama-Shi Tsurumiono 5.0 min walk)
24.3 years old , Area: 50 sq.m , Layout: 3DK , Structure: RC
- Trading date: 2007-06-01T00:00:00Z

Trading price:   14,000,000 JPY,    Unit price:   280,000 JPY/sq.m

8. Kanagawa Yokohama-Shi Tsurumi-Ku 下野谷町Yokohama-Shi Tsurumiono 6.0 min walk)
25.0 years old , Area: 50 sq.m , Layout: 2DK , Structure: RC
- Trading date: 2013-03-01T00:00:00Z

Trading price:   13,000,000 JPY,    Unit price:   260,000 JPY/sq.m

9. Kanagawa Yokohama-Shi Tsurumi-Ku 本町通Yokohama-Shi Tsurumiono 8.0 min walk)
25.3 years old , Area: 55 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01T00:00:00Z

Trading price:   24,000,000 JPY,    Unit price:   436,363 JPY/sq.m

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Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:



Apartment market value trends Market value trends for Apartment.

Apartment market value trends


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.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 7.8 min in 2016 and 6.0 min in 2017; -23.4%)

Causes of price decreases

  • An increase in average age of the building (representing 23.9 years old in 2016 and 26.4 years old in 2017; +10.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2016 and 100.0% of total transactions in 2017)
The table below shows Apartment dealt in Kanagawa JR Tsurumi Line Tsurumiono, 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:

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    Area close to the price in Tsurumiono

    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 Tsurumi Line Tsurumi (1,194) [Stations]23,000,000425,00021.5 yrs10 min55 sq.m
    JR JR Tsurumi Line (1,358) [Stations]22,000,000419,09022.9 yrs10 min55 sq.m
    JR Tsurumi Line Hamakawasaki (34) [Stations]30,500,000386,6077.3 yrs8 min75 sq.m
    JR Tsurumi Line Benntennbashi (5) [Stations]22,000,000338,46114.3 yrs8 min65 sq.m
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