JR Biwako Line Apartment average value
Price 20,053,608 JPY
- Age 14.9 years old
- Dist. from Sta. 8.9 min walk
- Property area 56.0 sq.m
The average price of a sq.m Apartment of Kyoto JR JR Biwako Line, in 2017 was 267,476 JPY/sq.m. The market value represents a decrease of 177,463 JPY (-39.9%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 21 (-84.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 26.1 years old (a +60.1% increase compared to the 16.3 years old of last year.). The average size of the real estate was 57.5 sq.m (a +23.9% increase compared to the 46.4 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.
Cause of price increases
- An decrease in transactions involving relatively old buildings under 40 years old (representing 28.0% of total transactions in 2016 and 25.0% of total transactions in 2017)
Causes of price decreases
- A dramatic increase in average age of the building (representing 16.3 years old in 2016 and 26.1 years old in 2017; +60.1%)
JR Biwako Line Apartment market value list
|Stations||Average Trading Price||Average Unit Price|
|Yamashina||20,934,043 JPY||310,328 JPY/sq.m|
|Kyoto||19,226,000 JPY||535,379 JPY/sq.m|