Nishi-Ku Forest Land average value

Price 17,828,448 JPY
  (2,731 JPY/sq.m)
- Property area 1685.5 sq.m
The average price of a sq.m Forest Land of Shizuoka Hamamatsu-Shi Nishi-Ku was 2,731 JPY/sq.m, and the median price was 1,500 JPY/sq.m.

The average unit price of Forest Land in 2017 was decreased -38.5% (-1,165JPY/sq.m) compared with 2016.

Data regarding the market value and its changes were calculated using data on the sales of 79 properties provided by the MLIT Japan.

Nishi-Ku Forest Land market value list

AreaAverage Trading PriceAverage Unit Price
平松町766,000 JPY2,424 JPY/sq.m
大久保町2,807,000 JPY4,039 JPY/sq.m
伊左地町1,581,125 JPY2,941 JPY/sq.m
佐浜町1,931,250 JPY1,334 JPY/sq.m
舘山寺町530,000 JPY1,298 JPY/sq.m
神ケ谷町18,108,333 JPY7,486 JPY/sq.m
大山町1,492,000 JPY2,897 JPY/sq.m
呉松町2,492,000 JPY1,881 JPY/sq.m
西山町2,450,000 JPY9,308 JPY/sq.m

Forest Land value Distance From The Station transition

Market values (unit price: sq.m, m2) in terms of Distance From The Station, is as follow.

The orange line means market values (unit price: sq.m) for Forest Land in terms of Distance From The Station. 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 Distance From The Station is updated.)
Color:
Unit:   Touch:
Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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- 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




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Calculate Nishi-Ku Forest Land market value

We can calculate market values for Forest Land 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 Shizuoka Hamamatsu-Shi Nishi-Ku Forest Land 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 Forest Land sales data, with similarly entered ages, area, and distances from station are as follows.

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1. Shizuoka Hamamatsu-Shi Nishi-Ku 大人見町$station $station_distance min walk)
, Area: 770 sq.m
- Trading date: 2016-12-01T00:00:00Z
Trading price:   46,000 JPY,    Unit price:   59 JPY/sq.m
2. Shizuoka Hamamatsu-Shi Nishi-Ku 舘山寺町$station $station_distance min walk)
, Area: 780 sq.m
- Trading date: 2011-03-01T00:00:00Z
Trading price:   230,000 JPY,    Unit price:   294 JPY/sq.m
3. Shizuoka Hamamatsu-Shi Nishi-Ku 白洲町$station $station_distance min walk)
, Area: 800 sq.m
- Trading date: 2015-09-01T00:00:00Z
Trading price:   240,000 JPY,    Unit price:   300 JPY/sq.m
4. Shizuoka Hamamatsu-Shi Nishi-Ku 舘山寺町$station $station_distance min walk)
, Area: 730 sq.m
- Trading date: 2011-12-01T00:00:00Z
Trading price:   300,000 JPY,    Unit price:   410 JPY/sq.m
5. Shizuoka Hamamatsu-Shi Nishi-Ku 舘山寺町$station $station_distance min walk)
, Area: 700 sq.m
- Trading date: 2013-03-01T00:00:00Z
Trading price:   500,000 JPY,    Unit price:   714 JPY/sq.m
6. Shizuoka Hamamatsu-Shi Nishi-Ku 佐浜町$station $station_distance min walk)
, Area: 750 sq.m
- Trading date: 2017-03-01T00:00:00Z
Trading price:   1,100,000 JPY,    Unit price:   1,466 JPY/sq.m
7. Shizuoka Hamamatsu-Shi Nishi-Ku 大久保町$station $station_distance min walk)
, Area: 780 sq.m
- Trading date: 2007-06-01T00:00:00Z
Trading price:   1,200,000 JPY,    Unit price:   1,538 JPY/sq.m
8. Shizuoka Hamamatsu-Shi Nishi-Ku 大久保町$station $station_distance min walk)
, Area: 700 sq.m
- Trading date: 2013-06-01T00:00:00Z
Trading price:   2,400,000 JPY,    Unit price:   3,428 JPY/sq.m
9. Shizuoka Hamamatsu-Shi Nishi-Ku 神ケ谷町$station $station_distance min walk)
, Area: 810 sq.m
- Trading date: 2011-03-01T00:00:00Z
Trading price:   5,500,000 JPY,    Unit price:   6,790 JPY/sq.m
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Forest Land market value trends

Market value trends for Forest Land are as follows.

Data:
Unit:   Touch:

Breakdown of each segment

The table below shows Forest Land dealt in Shizuoka Hamamatsu-Shi Nishi-Ku, 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 Nishi-Ku

    The closest areas in terms of Forest Land 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
    Hamamatsu-Shi Naka-Ku (28) [Area]2,100,0002,722 yrs min715 sq.m
    Hamamatsu-Shi Hamakita-Ku (37) [Area]1,900,0002,380 yrs min690 sq.m
    Tenryu-Ku 長沢 (6) [Area]750,0002,380 yrs min935 sq.m
    Naka-Ku 花川町 (8) [Area]1,900,0002,206 yrs min750 sq.m
    Nishi-Ku 呉松町 (5) [Area]2,100,0002,121 yrs min690 sq.m
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