Nishikokura Home average value

Price 97,861,905 JPY
  (172,023 JPY/sq.m)
- Age 24.0 years old
- Dist. from Sta. 21.4 min walk
- Property area 347.4 sq.m
- Total floor area 291.0 sq.m

The average price of a sq.m Home of Fukuka JR Kagoshima Main Line Nishikokura, in 2018 was 51,756 JPY/sq.m. The market value represents a decrease of 199,525 JPY (-79.4%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 3 (+150.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 33.4 years old (a +393.5% increase compared to the 6.8 years old of last year.). The average size of the real estate was 810.0 sq.m (a +128.2% increase compared to the 355.0 sq.m of last year.). The average total floor space of the real estate was 790.0 sq.m (a +187.3% increase compared to the 275.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • An decrease in average distance from the station (representing 21.0 min in 2017 and 17.2 min in 2018; -18.1%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 6.8 years old in 2017 and 33.4 years old in 2018; +393.5%)
Data regarding the market value and its changes of Home in Nishikokura were calculated using data on the sales of 63 properties provided by the MLIT Japan.

Nishikokura Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
高峰町43,000,000 JPY473,828 JPY/sq.mNishikokura25 min
日明8,500,000 JPY127,722 JPY/sq.mNishikokura23 min
日明95,000,000 JPY209,365 JPY/sq.mNishikokura24 min

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 New273,931 JPY/sq.m100 %
Residual Value (10 Years)211,654 JPY/sq.m77 %
Residual Value (20 Years)167,492 JPY/sq.m61 %
Residual Value (20 Years)141,443 JPY/sq.m52 %
Color:
Unit:   Touch:



Home value Age transition. Market values in terms of Age.

Home value Age transition

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 Nishikokura 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 Nishikokura 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.

1. Fukuka Kitakyushu-Shi Kokurakita-Ku 日明Kitakyushu-Shi Nishikokura 23.0 min walk)
30.5 years old , Area: 200 sq.m , Total floor area: 220 sq.m , Structure: 木造
- Trading date: 2012-09-01T00:00:00Z

Trading price:   8,500,000 JPY,    Unit price:   38,636 JPY/sq.m

2. Fukuka Kitakyushu-Shi Kokurakita-Ku 下到津Kitakyushu-Shi Nishikokura 30.0 min walk)
28.5 years old , Area: 140 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2009-09-01T00:00:00Z

Trading price:   15,000,000 JPY,    Unit price:   150,000 JPY/sq.m

3. Fukuka Kitakyushu-Shi Kokurakita-Ku 熊谷Kitakyushu-Shi Nishikokura 23.0 min walk)
34.3 years old , Area: 135 sq.m , Total floor area: 80 sq.m , Structure: 木造
- Trading date: 2014-06-01T00:00:00Z

Trading price:   5,700,000 JPY,    Unit price:   71,250 JPY/sq.m

4. Fukuka Kitakyushu-Shi Kokurakita-Ku 板櫃町Kitakyushu-Shi Nishikokura 23.0 min walk)
21.0 years old , Area: 150 sq.m , Total floor area: 75 sq.m , Structure: 木造
- Trading date: 2008-03-01T00:00:00Z

Trading price:   17,000,000 JPY,    Unit price:   226,666 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

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Home market value trends

Market value trends for Home are as follows.

Data:
Unit:   Touch:



Home market value trends Market value trends for Home.

Home market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • An decrease in average distance from the station (representing 21.0 min in 2017 and 17.2 min in 2018; -18.1%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 6.8 years old in 2017 and 33.4 years old in 2018; +393.5%)
The table below shows Home dealt in Fukuka JR Kagoshima Main Line Nishikokura, 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 Nishikokura

    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
    JR Kagoshima Main Line Orio (587) [Stations]24,000,000172,72722.1 yrs30 min210 sq.m
    JR Kagoshima Main Line Fukkoudaimae (264) [Stations]25,000,000192,85725.0 yrs13 min240 sq.m
    JR JR Kagoshima Main Line (10,557) [Stations]21,000,000150,00024.8 yrs18 min220 sq.m
    JR Kagoshima Main Line Kashii (244) [Stations]33,000,000202,04024.9 yrs14 min210 sq.m
    JR Kagoshima Main Line Moji (440) [Stations]20,000,000133,33328.0 yrs24 min210 sq.m
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