Wakayama-Shi Forest Land average value

Price 6,218,408 JPY
  (1,766 JPY/sq.m)
- Property area 2182.1 sq.m

The average price of a sq.m Forest Land of Wakayama-Shi was 1,766 JPY/sq.m, and the median price was 1,515 JPY/sq.m.

The average unit price of Forest Land in 2016 was decreased -75.7% (-3,116JPY/sq.m) compared with 2015.

Data regarding the market value and its changes were calculated using data on the sales of 49 properties provided by the MLIT Japan.

Wakayama-Shi Forest Land market value list

AreaAverage Trading PriceAverage Unit Price
平井9,002,500 JPY2,351 JPY/sq.m
上黒谷3,290,000 JPY1,559 JPY/sq.m
加太5,940,000 JPY2,995 JPY/sq.m
木ノ本25,525,000 JPY3,860 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 Wakayama-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 Wakayama-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 Wakayama-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 Wakayama-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 Wakayama-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
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 上黒谷 (5) [Area]2,400,0001,512 yrs min1,500 sq.m
Kainan-Shi 孟子 (4) [Area]2,250,0001,437 yrs min2,600 sq.m
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