Shingu-Shi Forest Land average value

Price 3,781,931 JPY
  (779 JPY/sq.m)
- Property area 2165.0 sq.m
The average price of a sq.m Forest Land of Wakayama Shingu-Shi was 779 JPY/sq.m, and the median price was 500 JPY/sq.m.

Data regarding the market value and its changes were calculated using data on the sales of 29 properties provided by the MLIT Japan.

Shingu-Shi Forest Land market value list

AreaAverage Trading PriceAverage Unit Price
熊野川町九重215,875 JPY606 JPY/sq.m
熊野川町玉置口670,000 JPY646 JPY/sq.m
高田1,385,000 JPY80 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.)
Unit:   Touch:
Property Details:
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When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station


Calculate Shingu-Shi Forest Land market value

We can calculate market values for Forest Land based on their age, area, and distance from a train station.

years old
Total floor space
Distance from the station
min walk

Market values for Wakayama Shingu-Shi Forest Land that meet the above conditions were calculated in the following manner.

({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.


Trading Data

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

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1. Wakayama Shingu-Shi 熊野川町椋井$station $station_distance min walk)
, Area: 1400 sq.m
- Trading date: 2007-06-01T00:00:00Z
Trading price:   49,000 JPY,    Unit price:   35 JPY/sq.m
2. Wakayama Shingu-Shi 熊野川町九重$station $station_distance min walk)
, Area: 800 sq.m
- Trading date: 2010-06-01T00:00:00Z
Trading price:   400,000 JPY,    Unit price:   500 JPY/sq.m
3. Wakayama Shingu-Shi 熊野川町玉置口$station $station_distance min walk)
, Area: 1300 sq.m
- Trading date: 2010-12-01T00:00:00Z
Trading price:   650,000 JPY,    Unit price:   500 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

Forest Land market value trends

Market value trends for Forest Land are as follows.

Unit:   Touch:

Breakdown of each segment

The table below shows Forest Land dealt in Wakayama Shingu-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.



    Area close to the price in Shingu-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
    Unit price
    Years old
    min walk
    Shirahama-Cho 堅田 (5) [Area]1,000,000769 yrs min1,300 sq.m
    Hidaka-Gun Hidaka-Cho (8) [Area]1,190,000652 yrs min2,250 sq.m
    Wakayama (973) [Area]600,000628 yrs min1,400 sq.m
    Katsuragi-Cho 大字妙寺 (5) [Area]2,000,0001,000 yrs min2,000 sq.m
    Kinokawa-Shi 桃山町最上 (6) [Area]1,750,0001,000 yrs min1,800 sq.m