Hokuriku Shinkansen Home average value

Price 38,087,028 JPY
  (185,615 JPY/sq.m)
- Age 21.4 years old
- Dist. from Sta. 24.8 min walk
- Property area 323.2 sq.m
- Total floor area 249.8 sq.m

The average price of a sq.m Home of Gunma Shinkansen Hokuriku Shinkansen, in 2017 was 143,082 JPY/sq.m. The market value represents a decrease of 40,400 JPY (-22.0%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 43 (-86.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 27.6 years old (a +22.1% increase compared to the 22.6 years old of last year.). The average size of the real estate was 176.4 sq.m (a -45.1% decrease compared to the 321.4 sq.m of last year.). The average total floor space of the real estate was 230.0 sq.m (a +2.1% increase compared to the 225.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 2.1% of total transactions in 2016 and 14.3% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 22.6 years old in 2016 and 27.6 years old in 2017; +22.1%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 19.1% of total transactions in 2016 and 28.6% of total transactions in 2017)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 23.4% of total transactions in 2016 and 14.3% of total transactions in 2017)
Data regarding the market value and its changes of Home in Hokuriku Shinkansen were calculated using data on the sales of 642 properties provided by the MLIT Japan.

Hokuriku Shinkansen Home market value list

StationsAverage Trading PriceAverage Unit Price
Annakaharuna26,666,667 JPY236,367 JPY/sq.m
Takasaki38,253,318 JPY186,455 JPY/sq.m

Hokuriku Shinkansen Railway market report

2017. Jan Jun
 7 tradings
2016. Jan Sep
 50 tradings
2015. Jan Dec
 62 tradings
2014. Jan Dec
 65 tradings
2013. Jan Dec
 73 tradings
--2Q
1
--3Q
15
2Q
18
1Q
17
4Q
15
3Q
18
2Q
8
1Q
21
4Q
22
3Q
11
2Q
16
1Q
16
4Q
18
3Q
15
2Q
20
1Q
20
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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.)
{{(expShow==true) ? 'Close' : 'Show all'}}
AgeTrading PriceProportion
Price at New270,069 JPY/sq.m100 %
Residual Value (10 Years)212,072 JPY/sq.m79 %
Residual Value (20 Years)165,994 JPY/sq.m61 %
Residual Value (20 Years)131,835 JPY/sq.m49 %
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 Hokuriku 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 Gunma Shinkansen Hokuriku 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.

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Trading data in Hokuriku Shinkansen

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 total floor space for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 2.1% of total transactions in 2016 and 14.3% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 22.6 years old in 2016 and 27.6 years old in 2017; +22.1%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 19.1% of total transactions in 2016 and 28.6% of total transactions in 2017)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 23.4% of total transactions in 2016 and 14.3% of total transactions in 2017)
The table below shows Home dealt in Gunma Shinkansen Hokuriku 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:

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Area close to the price in Hokuriku 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
Shinkansen Joetsu Shinkansen (636) [Stations]23,000,000156,88422.8 yrs26 min185 sq.m
Joetsu Shinkansen Takasaki (636) [Stations]23,000,000156,88422.8 yrs26 min185 sq.m
Hokuriku Shinkansen Takasaki (636) [Stations]23,000,000156,88422.8 yrs26 min185 sq.m
Shinkansen (642) [Stations]23,000,000156,62622.9 yrs26 min185 sq.m
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