Gobo-Shi Forest Land average value

Price 2,809,091 JPY
  (2,097 JPY/sq.m)
- Property area 2184.5 sq.m

The average price of a sq.m Forest Land of Wakayama Gobo-Shi was 2,097 JPY/sq.m, and the median price was 483 JPY/sq.m.

The average unit price of Forest Land in 2017 was increased +358.5% (+358JPY/sq.m) compared with 2016.

Data regarding the market value and its changes were calculated using data on the sales of 11 properties provided by the MLIT Japan.

Gobo-Shi Forest Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
熊野8,600,000 JPY- JPY/sq.m-- min
塩屋町3,400,000 JPY- JPY/sq.m-- min
明神川200,000 JPY235 JPY/sq.m-- min
塩屋町350,000 JPY331 JPY/sq.m-- min
熊野500,000 JPY1,031 JPY/sq.m-- min
藤田町1,000,000 JPY1,435 JPY/sq.m-- min
藤田町300,000 JPY1,597 JPY/sq.m-- min
湯川町50,000 JPY1,653 JPY/sq.m-- min
湯川町1,000,000 JPY10,661 JPY/sq.m-- min
熊野12,000,000 JPY16,529 JPY/sq.m-- min
塩屋町3,500,000 JPY28,926 JPY/sq.m-- min
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Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

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.)
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Color:

Unit:
Property Details:
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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 Gobo-Shi 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 Wakayama Gobo-Shi 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 in Gobo-Shi

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

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{{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

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Forest Land market value trends

Market value trends for Forest Land are as follows.

Data:

Unit:

Breakdown of each segment

The table below shows Forest Land dealt in Wakayama Gobo-Shi, 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 Gobo-Shi

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
Wakayama-Shi 平井 (8) [Area]4,650,0002,208 yrs min1,750 sq.m
Nishimuro-Gun Kamitonda-Cho (32) [Area]1,500,0002,375 yrs min1,750 sq.m
Higashimuro-Gun Nachikatsura-Cho (50) [Area]1,600,0001,600 yrs min1,450 sq.m
Tanabe-Shi 稲成町 (15) [Area]2,600,0001,522 yrs min1,700 sq.m
Wakayama-Shi (49) [Area]1,600,0001,515 yrs min1,500 sq.m
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