Higashimuro-Gun Forest Land average value

Price 2,910,816 JPY
  (1,711 JPY/sq.m)
- Property area 1394.2 sq.m

The average price of a sq.m Forest Land of Wakayama Higashimuro-Gun was 1,711 JPY/sq.m, and the median price was 1,728 JPY/sq.m.

The average unit price of Forest Land in 2017 was increased +51.3% (+588JPY/sq.m) compared with 2016.

Data regarding the market value and its changes were calculated using data on the sales of 141 properties provided by the MLIT Japan.

Higashimuro-Gun Forest Land market value list

AreaAverage Trading PriceAverage Unit Price
Nachikatsura-Cho3,589,400 JPY2,246 JPY/sq.m
Taiji-Cho8,948,000 JPY2,041 JPY/sq.m
Kozagawa-Cho4,476,880 JPY137 JPY/sq.m
Kushimoto-Cho2,699,179 JPY1,695 JPY/sq.m
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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 Higashimuro-Gun 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 Higashimuro-Gun 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 Higashimuro-Gun

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 Higashimuro-Gun, 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 Higashimuro-Gun

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
Higashimuro-Gun Nachikatsura-Cho (50) [Area]1,600,0001,600 yrs min1,450 sq.m
Wakayama-Shi (49) [Area]1,600,0001,515 yrs min1,500 sq.m
Wakayama-Shi 上黒谷 (5) [Area]2,400,0001,512 yrs min1,500 sq.m
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