Sendai-Shi Home average value

Price 50,312,827 JPY
  (236,828 JPY/sq.m)
- Age 17.1 years old
- Dist. from Sta. 26.2 min walk
- Property area 293.1 sq.m
- Total floor area 210.0 sq.m

The average price of a sq.m Home of Miyagi Sendai-Shi, in 2017 was 251,228 JPY/sq.m. The market value represents an increase of 3,708 JPY (+1.5%) compared to 1 year ago and a transition to a slight market. 162 properties exchanged hands ( The market value represents a decrease of 557 (-77.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 17.5 years old (a +3.9% increase compared to the 16.8 years old of last year.). The average size of the real estate was 315.7 sq.m (a +7.2% increase compared to the 294.6 sq.m of last year.). The average total floor space of the real estate was 228.5 sq.m (a +6.5% increase compared to the 214.5 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

  • An decrease in transactions involving older buildings over 40 years old (representing 10.4% of total transactions in 2016 and 9.0% of total transactions in 2017)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 1.3% of total transactions in 2016 and 1.9% of total transactions in 2017)

Causes of price decreases

  • A some decrease in transactions involving nearly new buildings under 3 years old (representing 42.3% of total transactions in 2016 and 39.4% of total transactions in 2017)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 35.7% of total transactions in 2016 and 38.1% 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 9,647 properties provided by the MLIT Japan.

Sendai-Shi Home market value list

AreaAverage Trading PriceAverage Unit Price
Aoba-Ku59,526,577 JPY245,182 JPY/sq.m
Miyagino-Ku58,462,106 JPY240,559 JPY/sq.m
Wakabayashi-Ku54,157,655 JPY260,843 JPY/sq.m
Taihaku-Ku39,688,618 JPY224,080 JPY/sq.m
Izumi-Ku37,335,813 JPY219,720 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 New305,928 JPY/sq.m100 %
Residual Value (10 Years)234,190 JPY/sq.m77 %
Residual Value (20 Years)187,192 JPY/sq.m61 %
Residual Value (20 Years)164,935 JPY/sq.m54 %
Color:

Unit:
Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{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 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.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true}}
({{unit_price|number:0}} JPY/sq.m)

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

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Trading data in Sendai-Shi

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 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

  • An decrease in transactions involving older buildings over 40 years old (representing 10.4% of total transactions in 2016 and 9.0% of total transactions in 2017)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 1.3% of total transactions in 2016 and 1.9% of total transactions in 2017)

Causes of price decreases

  • A some decrease in transactions involving nearly new buildings under 3 years old (representing 42.3% of total transactions in 2016 and 39.4% of total transactions in 2017)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 35.7% of total transactions in 2016 and 38.1% 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
Wakabayashi-Ku Taiwa-Cho (32) [Area]34,500,000231,57819.1 yrs30 min235 sq.m
Izumi-Ku 本田町 (4) [Area]21,500,000219,04717.3 yrs24 min280 sq.m
Taihaku-Ku 八木山本町 (56) [Area]25,000,000217,42318.5 yrs30 min260 sq.m
Rifu-Cho 葉山 (56) [Area]25,500,000216,00020.5 yrs30 min240 sq.m
Miyagi-Gun Rifu-Cho (343) [Area]24,000,000200,00020.5 yrs30 min250 sq.m
JR Senzan line Kitayama (398) [Stations]27,000,000238,09511.5 yrs24 min210 sq.m
仙台市営 (705) [Stations]28,000,000234,26217.5 yrs30 min210 sq.m
JR JR Rifu Line (485) [Stations]28,000,000228,57116.5 yrs26 min220 sq.m
仙台市営 Sendai Subway Namboku Line (596) [Stations]27,500,000224,50018.3 yrs30 min210 sq.m
Sendai Subway Namboku Line Yaotome (38) [Stations]28,000,000219,69219.0 yrs30 min250 sq.m
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