Nakameguro Apartment average value
- Age 21.3 years old
- Dist. from Sta. 6.8 min walk
- Property area 49.7 sq.m
The average price of a sq.m Apartment of Tokyo Tokyu Toyoko Line Nakameguro, in 2018 was 1,202,306 JPY/sq.m. The market value represents a decrease of 1,360,443 JPY (-53.1%) compared to 1 year ago and a transition to a dramatic market. 32 properties exchanged hands ( The market value represents an increase of 20 (+166.7%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 18.8 years old (a -30.5% decrease compared to the 27.1 years old of last year.). The average size of the real estate was 55.3 sq.m (a +27.6% increase compared to the 43.3 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 age of the building (representing 27.1 years old in 2017 and 18.8 years old in 2018; -30.5%)
- A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 41.7% of total transactions in 2017 and 31.2% of total transactions in 2018)
Causes of price decreases
- A dramatic increase in average distance from the station (representing 5.3 min in 2017 and 7.3 min in 2018; +36.5%)
- A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2017 and 28.1% of total transactions in 2018)
Nakameguro Apartment transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|中目黒||60,000,000 JPY||3,305,785 JPY/sq.m||Nakameguro||7 min|
|上目黒||25,000,000 JPY||2,066,116 JPY/sq.m||Nakameguro||7 min|
|中目黒||59,000,000 JPY||3,000,635 JPY/sq.m||Nakameguro||7 min|
Toyoko Line Railway market report
|2018. Jan - Sep|
|2017. Jan - Dec|
|2016. Jan - Dec|
|2015. Jan - Dec|