Shinkansen Home average value

Price 39,412,544 JPY
  (173,602 JPY/sq.m)
- Age 20.8 years old
- Dist. from Sta. 41.4 min walk
- Property area 372.0 sq.m
- Total floor area 220.3 sq.m

The average price of a sq.m Home of Fukushima Shinkansen, in 2017 was 181,407 JPY/sq.m. The market value represents a decrease of 13,941 JPY (-7.1%) compared to 1 year ago and a transition to a bear market. 51 properties exchanged hands ( The market value represents a decrease of 229 (-81.8%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.0 years old (a -1.3% decrease compared to the 20.2 years old of last year.). The average size of the real estate was 281.9 sq.m (a -28.8% decrease compared to the 396.0 sq.m of last year.). The average total floor space of the real estate was 181.2 sq.m (a -14.7% decrease compared to the 212.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station, as well as a dramatic increase in transactions involving relatively large size more than 100 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 44.4 min in 2016 and 34.9 min in 2017; -21.4%)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 31.0% of total transactions in 2016 and 34.8% of total transactions in 2017)
  • An decrease in transactions involving older buildings over 40 years old (representing 15.3% of total transactions in 2016 and 13.0% of total transactions in 2017)

Causes of price decreases

  • A some increase in transactions involving relatively old buildings under 40 years old (representing 36.7% of total transactions in 2016 and 39.1% of total transactions in 2017)
Data regarding the market value and its changes of Home in Shinkansen were calculated using data on the sales of 3,029 properties provided by the MLIT Japan.

Shinkansen Home market value list

StationsAverage Trading PriceAverage Unit Price
Yamagata Shinkansen51,633,058 JPY211,146 JPY/sq.m
Tohoku Shinkansen39,412,544 JPY173,602 JPY/sq.m
Note! Internet Explorer version 8.0 or less and some versions of Firefox are not able to support our website. For those on Windows XP, please use Google Chrome to access our site.
See Supported Browser

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.)
{{(expShow==true) ? 'Close' : 'Show all'}}
AgeTrading PriceProportion
Price at New256,031 JPY/sq.m100 %
Residual Value (10 Years)190,122 JPY/sq.m74 %
Residual Value (20 Years)145,982 JPY/sq.m57 %
Residual Value (20 Years)123,610 JPY/sq.m48 %
Color:

Unit:
Property Details:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
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




Top

Calculate Shinkansen 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 Fukushima Shinkansen 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.

Top

Trading data in Shinkansen

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

{{$index+1}}. {{item.place}} {{item.stations[0]}} {{item.station_distance}} min walk)
{{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

Top

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 locations relatively far from the station less than twenty minutes by foot from the station, as well as a dramatic increase in transactions involving relatively large size more than 100 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 44.4 min in 2016 and 34.9 min in 2017; -21.4%)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 31.0% of total transactions in 2016 and 34.8% of total transactions in 2017)
  • An decrease in transactions involving older buildings over 40 years old (representing 15.3% of total transactions in 2016 and 13.0% of total transactions in 2017)

Causes of price decreases

  • A some increase in transactions involving relatively old buildings under 40 years old (representing 36.7% of total transactions in 2016 and 39.1% of total transactions in 2017)
The table below shows Home dealt in Fukushima Shinkansen, 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:

Top

Area close to the price in Shinkansen

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 JR Ban'etsu East Line (2,885) [Stations]23,000,000169,84822.0 yrs30 min240 sq.m
JR Suigun Line Iwakimoriyama (7) [Stations]19,000,000182,60825.9 yrs25 min260 sq.m
JR Ban'etsu East Line Iwaki (660) [Stations]27,000,000188,88825.5 yrs30 min290 sq.m
JR Joban Line Iwaki (660) [Stations]27,000,000188,88825.5 yrs30 min290 sq.m
Koriyama-Shi 朝日 (11) [Area]38,000,000172,72726.8 yrs30 min320 sq.m
Koriyama-Shi 開成 (35) [Area]20,000,000176,04124.2 yrs30 min230 sq.m
Soma-Shi 新沼 (13) [Area]23,000,000178,94713.5 yrs30 min290 sq.m
Shirakawa-Shi 影鬼越 (6) [Area]20,000,000180,00022.0 yrs30 min265 sq.m
Iwaki-Shi 常磐白鳥町 (11) [Area]21,000,000180,95225.4 yrs30 min230 sq.m
Top