Sendai-Shi Home average value

Price 52,032,296 JPY
  (242,730 JPY/sq.m)
- Age 16.7 years old
- Dist. from Sta. 25.9 min walk
- Property area 287.2 sq.m
- Total floor area 208.2 sq.m

The average price of a sq.m Home of Miyagi Sendai-Shi, in 2017 was 252,736 JPY/sq.m. The market value represents an increase of 5,725 JPY (+2.3%) compared to 1 year ago and a transition to a slight market. 527 properties exchanged hands ( The market value represents a decrease of 479 (-47.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 16.8 years old (a -0.3% decrease compared to the 16.9 years old of last year.). The average size of the real estate was 285.2 sq.m (a -1.9% decrease compared to the 290.8 sq.m of last year.). The average total floor space of the real estate was 208.4 sq.m (a +4.4% increase compared to the 199.6 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large total floor space more than 200 sq.m, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.8% of total transactions in 2016 and 6.8% of total transactions in 2017)
  • A some increase in transactions involving nearly new buildings under 3 years old (representing 40.7% of total transactions in 2016 and 43.3% of total transactions in 2017)

Causes of price decreases

  • A some increase in transactions involving relatively old buildings under 40 years old (representing 33.4% of total transactions in 2016 and 36.0% of total transactions in 2017)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.2% of total transactions in 2016 and 0.9% of total transactions in 2017)
Data regarding the market value and its changes of Home in Sendai-Shi were calculated using data on the sales of 10,208 properties provided by the MLIT Japan.

Sendai-Shi Home market value list

AreaAverage Trading PriceAverage Unit Price
Aoba-Ku61,853,162 JPY250,808 JPY/sq.m
Miyagino-Ku66,972,042 JPY243,600 JPY/sq.m
Wakabayashi-Ku55,921,538 JPY273,854 JPY/sq.m
Taihaku-Ku36,251,487 JPY231,193 JPY/sq.m
Izumi-Ku39,365,667 JPY224,554 JPY/sq.m

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.)
AgeTrading PriceProportion
Price at New309,546 JPY/sq.m100 %
Residual Value (10 Years)239,952 JPY/sq.m78 %
Residual Value (20 Years)193,553 JPY/sq.m63 %
Residual Value (20 Years)170,350 JPY/sq.m55 %
Color:
Unit:   Touch:
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 Sendai-Shi 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 Sendai-Shi 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

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

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1. Miyagi Sendai-Shi Wakabayashi-Ku 保春院前丁Sendai-Shi Kawaramachi 22.0 min walk)
14.8 years old , Area: 190 sq.m , Total floor area: 95 sq.m , Structure: 木造
- Trading date: 2006-12-01T00:00:00Z
Trading price:   26,000,000 JPY,    Unit price:   273,684 JPY/sq.m
2. Miyagi Sendai-Shi Taihaku-Ku 郡山Sendai-Shi Nagamachi 24.0 min walk)
14.8 years old , Area: 200 sq.m , Total floor area: 190 sq.m , Structure: 木造
- Trading date: 2007-12-01T00:00:00Z
Trading price:   23,000,000 JPY,    Unit price:   121,052 JPY/sq.m
3. Miyagi Sendai-Shi Izumi-Ku 山の寺Sendai-Shi Izumichuuou 24.0 min walk)
15.0 years old , Area: 200 sq.m , Total floor area: 125 sq.m , Structure: 木造
- Trading date: 2007-03-01T00:00:00Z
Trading price:   19,000,000 JPY,    Unit price:   152,000 JPY/sq.m
4. Miyagi Sendai-Shi Taihaku-Ku 東中田Sendai-Shi Minamisenndai 22.0 min walk)
15.0 years old , Area: 220 sq.m , Total floor area: 125 sq.m , Structure: 木造
- Trading date: 2010-03-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   112,000 JPY/sq.m
5. Miyagi Sendai-Shi Aoba-Ku 水の森Sendai-Shi Kitasenndai 25.0 min walk)
14.0 years old , Area: 200 sq.m , Total floor area: 135 sq.m , Structure: 木造
- Trading date: 2010-03-01T00:00:00Z
Trading price:   23,000,000 JPY,    Unit price:   170,370 JPY/sq.m
6. Miyagi Sendai-Shi Izumi-Ku 南光台南Sendai-Shi Asahigaoka 25.0 min walk)
14.0 years old , Area: 210 sq.m , Total floor area: 135 sq.m , Structure: 木造
- Trading date: 2010-03-01T00:00:00Z
Trading price:   25,000,000 JPY,    Unit price:   185,185 JPY/sq.m
7. Miyagi Sendai-Shi Aoba-Ku 国見ケ丘Sendai-Shi Touhokufukushidaimae 25.0 min walk)
14.0 years old , Area: 210 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2015-03-01T00:00:00Z
Trading price:   25,000,000 JPY,    Unit price:   227,272 JPY/sq.m
8. Miyagi Sendai-Shi Aoba-Ku 上愛子Sendai-Shi Ayashi 21.0 min walk)
14.8 years old , Area: 200 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2010-12-01T00:00:00Z
Trading price:   15,000,000 JPY,    Unit price:   136,363 JPY/sq.m
9. Miyagi Sendai-Shi Aoba-Ku 上愛子Sendai-Shi Ayashi 21.0 min walk)
13.0 years old , Area: 195 sq.m , Total floor area: 120 sq.m , Structure: 軽量鉄骨造
- Trading date: 2009-03-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   108,333 JPY/sq.m
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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:   Touch:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large total floor space more than 200 sq.m, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.8% of total transactions in 2016 and 6.8% of total transactions in 2017)
  • A some increase in transactions involving nearly new buildings under 3 years old (representing 40.7% of total transactions in 2016 and 43.3% of total transactions in 2017)

Causes of price decreases

  • A some increase in transactions involving relatively old buildings under 40 years old (representing 33.4% of total transactions in 2016 and 36.0% of total transactions in 2017)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.2% of total transactions in 2016 and 0.9% of total transactions in 2017)
The table below shows Home dealt in Miyagi Sendai-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 Sendai-Shi

    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
    Izumi-Ku(43) [Area]30,000,000226,08617.0 yrs30 min230 sq.m
    Taihaku-Ku 八木山本町 (61) [Area]26,000,000220,68918.0 yrs30 min260 sq.m
    Izumi-Ku 本田町 (4) [Area]21,500,000219,04717.3 yrs24 min280 sq.m
    Rifu-Cho 葉山 (56) [Area]25,500,000216,00019.9 yrs30 min240 sq.m
    Miyagi-Gun Rifu-Cho (359) [Area]24,500,000200,00019.9 yrs30 min240 sq.m
    Tohoku Shinkansen Sendai (583) [Stations]35,000,000225,80619.5 yrs30 min230 sq.m
    JR Senzan line Sendai (583) [Stations]35,000,000225,80619.5 yrs30 min230 sq.m
    JR Tohoku Main Line Sendai (583) [Stations]35,000,000225,80619.5 yrs30 min230 sq.m
    JR Senseki Line Sendai (583) [Stations]35,000,000225,80619.5 yrs30 min230 sq.m
    Sendai Subway Namboku Line Yaotome (69) [Stations]26,000,000210,64319.0 yrs30 min250 sq.m
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