Sanyo Shinkansen Apartment average value

Price 13,712,500 JPY
  (182,175 JPY/sq.m)
- Age 19.2 years old
- Dist. from Sta. 11.8 min walk
- Property area 73.2 sq.m

The average price of a sq.m Apartment of Yamaguchi Shinkansen Sanyo Shinkansen, in 2017 was 225,614 JPY/sq.m. The market value represents an increase of 31,898 JPY (+16.5%) compared to 1 year ago and a transition to a bull market. 2 properties exchanged hands ( The market value represents a decrease of 28 (-93.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.5 years old (a -29.2% decrease compared to the 20.5 years old of last year.). The average size of the real estate was 85.0 sq.m (a +14.1% increase compared to the 74.5 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 decrease in average age of the building (representing 20.5 years old in 2016 and 14.5 years old in 2017; -29.2%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 20.0% of total transactions in 2016 and 50.0% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Sanyo Shinkansen were calculated using data on the sales of 403 properties provided by the MLIT Japan.

Sanyo Shinkansen Apartment market value list

StationsAverage Trading PriceAverage Unit Price
Tokuyama11,555,000 JPY165,610 JPY/sq.m
Shin-Yamaguchi16,609,091 JPY203,837 JPY/sq.m
Shin-Shimonoseki15,442,105 JPY195,791 JPY/sq.m

Sanyo Shinkansen Railway market report

2017. Jan Mar
 2 tradings
2016. Jan Dec
 30 tradings
2015. Jan Dec
 41 tradings
2014. Jan Dec
 26 tradings
2013. Jan Dec
 42 tradings
---1Q
2
4Q
10
3Q
5
2Q
9
1Q
6
4Q
4
3Q
8
2Q
17
1Q
12
4Q
7
3Q
5
2Q
7
1Q
7
4Q
14
3Q
7
2Q
9
1Q
12
Note! Internet Explorer version 8.0 or less and some versions of Firefox are not able to support our website. For those on Windows XP, please use Google Chrome to access our site.
See Supported Browser

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.)
{{(expShow==true) ? 'Close' : 'Show all'}}
AgeTrading PriceProportion
Price at New331,306 JPY/sq.m100 %
Residual Value (10 Years)237,065 JPY/sq.m72 %
Residual Value (20 Years)166,557 JPY/sq.m50 %
Residual Value (20 Years)119,781 JPY/sq.m36 %
Color:

Unit:
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 Sanyo 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 Yamaguchi Shinkansen Sanyo 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 in Sanyo Shinkansen

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

{{$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:

Breakdown of each segment

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 decrease in average age of the building (representing 20.5 years old in 2016 and 14.5 years old in 2017; -29.2%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 20.0% of total transactions in 2016 and 50.0% of total transactions in 2017)
The table below shows Apartment dealt in Yamaguchi Shinkansen Sanyo 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 Sanyo 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
Shinkansen (403) [Stations]13,500,000184,52318.0 yrs11 min72 sq.m
Sanyo Shinkansen Shin-Shimonoseki (107) [Stations]16,000,000200,00017.3 yrs7 min80 sq.m
Sanyo Shinkansen Tokuyama (243) [Stations]9,850,000151,15322.6 yrs13 min70 sq.m
Top