Joetsu Shinkansen Home average value

Price 37,540,050 JPY
  (195,258 JPY/sq.m)
- Age 20.0 years old
- Dist. from Sta. 25.3 min walk
- Property area 317.7 sq.m
- Total floor area 221.8 sq.m

The average price of a sq.m Home of Gunma Shinkansen Joetsu Shinkansen, in 2017 was 161,874 JPY/sq.m. The market value represents a decrease of 18,077 JPY (-10.0%) compared to 1 year ago and a transition to a weak market. 29 properties exchanged hands ( The market value represents a decrease of 31 (-51.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.0 years old (a -4.2% decrease compared to the 23.0 years old of last year.). The average size of the real estate was 272.8 sq.m (a -10.8% decrease compared to the 305.8 sq.m of last year.). The average total floor space of the real estate was 193.4 sq.m (a -6.5% decrease compared to the 206.8 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 nearly new buildings under 3 years old.

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 22.8% of total transactions in 2016 and 33.3% of total transactions in 2017)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 3.5% of total transactions in 2016 and 7.4% of total transactions in 2017)
Data regarding the market value and its changes of Home in Joetsu Shinkansen were calculated using data on the sales of 676 properties provided by the MLIT Japan.

Joetsu Shinkansen Home market value list

StationsAverage Trading PriceAverage Unit Price
Takasaki37,540,050 JPY195,258 JPY/sq.m

Joetsu Shinkansen Railway market report

2017. Jan - Dec
 29 tradings
2016. Jan - Dec
 60 tradings
2015. Jan - Dec
 62 tradings
2014. Jan - Dec
 64 tradings
4Q
11
3Q
11
2Q
1
1Q
6
4Q
10
3Q
15
2Q
18
1Q
17
4Q
15
3Q
18
2Q
8
1Q
21
4Q
21
3Q
11
2Q
16
1Q
16

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 New273,163 JPY/sq.m100 %
Residual Value (10 Years)222,468 JPY/sq.m81 %
Residual Value (20 Years)178,972 JPY/sq.m66 %
Residual Value (20 Years)142,675 JPY/sq.m52 %
Color:
Unit:   Touch:
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 Joetsu 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 Joetsu 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

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

Related sales({{similarlist.length}})

1. Gunma Takasaki-Shi 上大類町Takasaki-Shi Takasaki 30.0 min walk)
21.5 years old , Area: 150 sq.m , Total floor area: 95 sq.m , Structure: 木造
- Trading date: 2008-09-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   136,842 JPY/sq.m
2. Gunma Takasaki-Shi 寺尾町Takasaki-Shi Takasaki 30.0 min walk)
19.8 years old , Area: 220 sq.m , Total floor area: 60 sq.m , Structure: 木造
- Trading date: 2010-12-01T00:00:00Z
Trading price:   3,500,000 JPY,    Unit price:   58,333 JPY/sq.m
3. Gunma Takasaki-Shi 石原町Takasaki-Shi Takasaki 30.0 min walk)
21.8 years old , Area: 200 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2012-12-01T00:00:00Z
Trading price:   8,800,000 JPY,    Unit price:   88,000 JPY/sq.m
4. Gunma Takasaki-Shi 中居町Takasaki-Shi Takasaki 28.0 min walk)
22.8 years old , Area: 210 sq.m , Total floor area: 85 sq.m , Structure: 木造
- Trading date: 2012-12-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   188,235 JPY/sq.m
5. Gunma Takasaki-Shi 中居町Takasaki-Shi Takasaki 30.0 min walk)
19.5 years old , Area: 210 sq.m , Total floor area: 170 sq.m , Structure: 木造
- Trading date: 2016-09-01T00:00:00Z
Trading price:   20,000,000 JPY,    Unit price:   117,647 JPY/sq.m
6. Gunma Takasaki-Shi 石原町Takasaki-Shi Takasaki 26.0 min walk)
22.5 years old , Area: 210 sq.m , Total floor area: 105 sq.m , Structure: 木造
- Trading date: 2010-09-01T00:00:00Z
Trading price:   10,000,000 JPY,    Unit price:   95,238 JPY/sq.m
7. Gunma Takasaki-Shi 寺尾町Takasaki-Shi Takasaki 30.0 min walk)
18.8 years old , Area: 190 sq.m , Total floor area: 95 sq.m , Structure: 木造
- Trading date: 2009-12-01T00:00:00Z
Trading price:   9,500,000 JPY,    Unit price:   100,000 JPY/sq.m
8. Gunma Takasaki-Shi 寺尾町Takasaki-Shi Takasaki 30.0 min walk)
18.8 years old , Area: 210 sq.m , Total floor area: 220 sq.m , Structure: 木造
- Trading date: 2013-12-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   63,636 JPY/sq.m
9. Gunma Takasaki-Shi 上中居町Takasaki-Shi Takasaki 25.0 min walk)
22.3 years old , Area: 185 sq.m , Total floor area: 180 sq.m , Structure: 木造
- Trading date: 2014-06-01T00:00:00Z
Trading price:   6,000,000 JPY,    Unit price:   33,333 JPY/sq.m
10. Gunma Takasaki-Shi 上中居町Takasaki-Shi Takasaki 25.0 min walk)
22.8 years old , Area: 185 sq.m , Total floor area: 180 sq.m , Structure: 木造
- Trading date: 2014-12-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   88,888 JPY/sq.m
11. Gunma Takasaki-Shi 石原町Takasaki-Shi Takasaki 28.0 min walk)
17.5 years old , Area: 195 sq.m , Total floor area: 105 sq.m , Structure: 木造
- Trading date: 2011-09-01T00:00:00Z
Trading price:   15,000,000 JPY,    Unit price:   142,857 JPY/sq.m
12. Gunma Takasaki-Shi 乗附町Takasaki-Shi Takasaki 30.0 min walk)
17.8 years old , Area: 195 sq.m , Total floor area: 135 sq.m , Structure: 木造
- Trading date: 2009-12-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   88,888 JPY/sq.m
13. Gunma Takasaki-Shi 上中居町Takasaki-Shi Takasaki 26.0 min walk)
23.8 years old , Area: 165 sq.m , Total floor area: 75 sq.m , Structure: 木造
- Trading date: 2017-12-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   186,666 JPY/sq.m
14. Gunma Takasaki-Shi 上中居町Takasaki-Shi Takasaki 29.0 min walk)
24.3 years old , Area: 155 sq.m , Total floor area: 80 sq.m , Structure: 木造
- Trading date: 2010-06-01T00:00:00Z
Trading price:   10,000,000 JPY,    Unit price:   125,000 JPY/sq.m
15. Gunma Takasaki-Shi 下中居町Takasaki-Shi Takasaki 30.0 min walk)
24.0 years old , Area: 185 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2009-03-01T00:00:00Z
Trading price:   47,000,000 JPY,    Unit price:   427,272 JPY/sq.m
16. Gunma Takasaki-Shi 寺尾町Takasaki-Shi Takasaki 30.0 min walk)
24.0 years old , Area: 170 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2014-03-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   95,652 JPY/sq.m
17. Gunma Takasaki-Shi 乗附町Takasaki-Shi Takasaki 30.0 min walk)
17.3 years old , Area: 195 sq.m , Total floor area: 135 sq.m , Structure: 木造
- Trading date: 2009-06-01T00:00:00Z
Trading price:   8,400,000 JPY,    Unit price:   62,222 JPY/sq.m
18. Gunma Takasaki-Shi 片岡町Takasaki-Shi Takasaki 23.0 min walk)
21.7 years old , Area: 210 sq.m , Total floor area: 110 sq.m , Structure: 軽量鉄骨造
- Trading date: 2010-09-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   163,636 JPY/sq.m
19. Gunma Takasaki-Shi 下中居町Takasaki-Shi Takasaki 30.0 min walk)
16.8 years old , Area: 185 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2011-12-01T00:00:00Z
Trading price:   9,000,000 JPY,    Unit price:   81,818 JPY/sq.m
20. Gunma Takasaki-Shi 江木町Takasaki-Shi Takasaki 24.0 min walk)
24.0 years old , Area: 210 sq.m , Total floor area: 310 sq.m , Structure: 鉄骨造
- Trading date: 2014-03-01T00:00:00Z
Trading price:   28,000,000 JPY,    Unit price:   90,322 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:

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 nearly new buildings under 3 years old.

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 22.8% of total transactions in 2016 and 33.3% of total transactions in 2017)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 3.5% of total transactions in 2016 and 7.4% of total transactions in 2017)
The table below shows Home dealt in Gunma Shinkansen Joetsu 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 Joetsu 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
    Joetsu Shinkansen Takasaki (676) [Stations]23,000,000170,00020.8 yrs28 min185 sq.m
    Hokuriku Shinkansen Takasaki (676) [Stations]23,000,000170,00020.8 yrs28 min185 sq.m
    Shinkansen (682) [Stations]23,000,000169,61520.8 yrs28 min185 sq.m
    Shinkansen Hokuriku Shinkansen (682) [Stations]23,000,000169,61520.8 yrs28 min185 sq.m
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