JR Sanyo Main Line Apartment average value
Price 13,864,255 JPY
- Age 17.8 years old
- Dist. from Sta. 15.5 min walk
- Property area 74.0 sq.m
The average price of a sq.m Apartment of Yamaguchi JR JR Sanyo Main Line, in 2017 was 203,127 JPY/sq.m. The market value represents an increase of 15,441 JPY (+8.2%) compared to 1 year ago and a transition to a strong market. 10 properties exchanged hands ( The market value represents a decrease of 70 (-87.5%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 17.1 years old (a -7.4% decrease compared to the 18.5 years old of last year.). The average size of the real estate was 69.5 sq.m (a -7.3% decrease compared to the 74.9 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty 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 20.0% of total transactions in 2016 and 30.0% of total transactions in 2017)
Causes of price decreases
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 34.2% of total transactions in 2016 and 44.4% of total transactions in 2017)
JR Sanyo Main Line Apartment market value list
|Stations||Average Trading Price||Average Unit Price|
|Iwakuni||12,110,714 JPY||177,131 JPY/sq.m|
|Kushigahama||14,616,667 JPY||195,796 JPY/sq.m|
|Tokuyama||11,555,000 JPY||165,610 JPY/sq.m|
|Shinnnannyou||15,020,833 JPY||199,228 JPY/sq.m|
|Houfu||13,636,066 JPY||186,702 JPY/sq.m|
|Shin-Yamaguchi||16,609,091 JPY||203,837 JPY/sq.m|
|Choufu||11,463,636 JPY||156,493 JPY/sq.m|
|Shin-Shimonoseki||15,442,105 JPY||195,791 JPY/sq.m|
|Hatabu||12,626,667 JPY||162,528 JPY/sq.m|
|Shimonoseki||14,598,806 JPY||184,000 JPY/sq.m|