Katta-Gun Home average value

Price 10,943,182 JPY
  (97,014 JPY/sq.m)
- Age 22.1 years old
- Dist. from Sta. 100.7 min walk
- Property area 557.8 sq.m
- Total floor area 139.5 sq.m

The average price of a sq.m Home of Miyagi Katta-Gun, in 2017 was 148,365 JPY/sq.m. The market value represents an increase of 7,442 JPY (+5.3%) compared to 1 year ago and a transition to a strong market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.1 years old (a +20.6% increase compared to the 18.3 years old of last year.). The average size of the real estate was 440.0 sq.m (a -30.9% decrease compared to the 636.7 sq.m of last year.). The average total floor space of the real estate was 88.8 sq.m (a -1.4% decrease compared to the 90.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 18.3 years old in 2016 and 22.1 years old in 2017; +20.6%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2016 and 50.0% of total transactions in 2017)
Data regarding the market value and its changes of Home in Katta-Gun were calculated using data on the sales of 172 properties provided by the MLIT Japan.

Katta-Gun Home market value list

AreaAverage Trading PriceAverage Unit Price
Zao-Machi10,943,182 JPY97,014 JPY/sq.m
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Home value Age transition

Market values (unit price: sq.m, m2) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Home in terms of Age. 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 Age is updated.)
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AgeTrading PriceProportion
Price at New152,655 JPY/sq.m100 %
Residual Value (10 Years)110,351 JPY/sq.m72 %
Residual Value (20 Years)80,159 JPY/sq.m53 %
Residual Value (20 Years)62,078 JPY/sq.m41 %
Color:

Unit:
Property Details:
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{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Katta-Gun Home market value

We can calculate market values for Home 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 Miyagi Katta-Gun Home 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 Katta-Gun

Past Home 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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Home market value trends

Market value trends for Home are as follows.

Data:

Unit:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 18.3 years old in 2016 and 22.1 years old in 2017; +20.6%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2016 and 50.0% of total transactions in 2017)
The table below shows Home dealt in Miyagi Katta-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 Katta-Gun

The closest areas in terms of Home 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
Osaki-Shi 鳴子温泉鬼首 (5) [Area]6,500,000108,33323.5 yrs120 min340 sq.m
Taiwa-Cho 吉田 (4) [Area]5,600,00080,00013.5 yrs120 min395 sq.m
Ohira-Mura 大衡 (14) [Area]14,000,00075,67525.6 yrs120 min485 sq.m
Katta-Gun Zao-Machi (169) [Area]8,150,00073,08422.3 yrs120 min440 sq.m
JR Tohoku Main Line Higashishiroishi (179) [Stations]8,000,00077,41921.5 yrs120 min410 sq.m
JR Senzan line Kumagane (4) [Stations]31,000,00074,16628.9 yrs75 min565 sq.m
JR Tohoku Main Line Ishikoshi (116) [Stations]7,600,00072,72723.3 yrs120 min340 sq.m
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