Iwade-Shi Forest Land average value

Price 5,619,091 JPY
  (1,027 JPY/sq.m)
- Property area 4181.8 sq.m
The average price of a sq.m Forest Land of Wakayama Iwade-Shi was 1,027 JPY/sq.m, and the median price was 1,026 JPY/sq.m.

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

Iwade-Shi Forest Land market value list

AreaAverage Trading PriceAverage Unit Price
根来8,775,000 JPY2,041 JPY/sq.m
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.)
Color:
Unit:   Touch:



Forest Land value Distance From The Station transition. Market values in terms of Distance From The Station.

Forest Land value Distance From The Station transition

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 Iwade-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 Iwade-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

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

1. Wakayama Iwade-Shi 押川$station $station_distance min walk)
, Area: 5000 sq.m
- Trading date: 2009-06-01T00:00:00Z

Trading price:   8,000,000 JPY,    Unit price:   N/A JPY/sq.m

2. Wakayama Iwade-Shi 根来$station $station_distance min walk)
, Area: 5000 sq.m
- Trading date: 2009-06-01T00:00:00Z

Trading price:   9,000,000 JPY,    Unit price:   N/A JPY/sq.m

3. Wakayama Iwade-Shi 境谷$station $station_distance min walk)
, Area: 5000 sq.m
- Trading date: 2009-12-01T00:00:00Z

Trading price:   580,000 JPY,    Unit price:   N/A JPY/sq.m

4. Wakayama Iwade-Shi 境谷$station $station_distance min walk)
, Area: 5000 sq.m
- Trading date: 2009-12-01T00:00:00Z

Trading price:   2,700,000 JPY,    Unit price:   N/A JPY/sq.m

5. Wakayama Iwade-Shi 山$station $station_distance min walk)
, Area: 5000 sq.m
- Trading date: 2010-09-01T00:00:00Z

Trading price:   8,100,000 JPY,    Unit price:   N/A JPY/sq.m

6. Wakayama Iwade-Shi 根来$station $station_distance min walk)
, Area: 5000 sq.m
- Trading date: 2013-06-01T00:00:00Z

Trading price:   8,200,000 JPY,    Unit price:   N/A JPY/sq.m

7. Wakayama Iwade-Shi 根来$station $station_distance min walk)
, Area: 5000 sq.m
- Trading date: 2015-09-01T00:00:00Z

Trading price:   13,000,000 JPY,    Unit price:   N/A JPY/sq.m

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- 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:   Touch:



Forest Land market value trends Market value trends for Forest Land.

Forest Land market value trends


Breakdown of each segment

The table below shows Forest Land dealt in Wakayama Iwade-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 Iwade-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
    Shirahama-Cho 田野井 (8) [Area]3,450,0001,083 yrs min3,600 sq.m
    Shirahama-Cho 椿 (4) [Area]3,050,0001,108 yrs min3,700 sq.m
    Aridagawa-Cho 大字境川 (4) [Area]1,150,000922 yrs min3,400 sq.m
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