Kanto Railway Ryūgasaki Line Home average value

Price 15,231,757 JPY
  (102,426 JPY/sq.m)
- Age 20.6 years old
- Dist. from Sta. 39.0 min walk
- Property area 315.0 sq.m
- Total floor area 158.3 sq.m

The average price of a sq.m Home of Ibaraki Kanto Railway Kanto Railway Ryūgasaki Line, in 2017 was 91,332 JPY/sq.m. The market value represents a decrease of 18,264 JPY (-16.7%) compared to 1 year ago and a transition to a weak market. 24 properties exchanged hands ( The market value represents a decrease of 31 (-56.4%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.6 years old (a +5.9% increase compared to the 20.4 years old of last year.). The average size of the real estate was 287.3 sq.m (a -28.6% decrease compared to the 402.3 sq.m of last year.). The average total floor space of the real estate was 157.6 sq.m (a -22.3% decrease compared to the 202.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station, as well as 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 increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 3.6% of total transactions in 2016 and 4.2% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 9.1% of total transactions in 2016 and 13.0% of total transactions in 2017)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 21.8% of total transactions in 2016 and 17.4% of total transactions in 2017)
Data regarding the market value and its changes of Home in Kanto Railway Ryūgasaki Line were calculated using data on the sales of 677 properties provided by the MLIT Japan.

Kanto Railway Ryūgasaki Line Home market value list

StationsAverage Trading PriceAverage Unit Price
Sanuki17,537,421 JPY113,330 JPY/sq.m
IReji9,114,286 JPY89,084 JPY/sq.m
Ryugasaki9,511,290 JPY76,123 JPY/sq.m

Kanto Railway Ryūgasaki Line Railway market report

2018 2017. Jan - Jun
 12 tradings
2016. Jan - Sep
 55 tradings
2015. Jan - Dec
 53 tradings
2014. Jan - Dec
 74 tradings
--2Q
3
--3Q
20
2Q
23
1Q
12
4Q
11
3Q
12
2Q
15
1Q
15
4Q
16
3Q
22
2Q
19
1Q
17

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 New178,022 JPY/sq.m100 %
Residual Value (10 Years)128,712 JPY/sq.m72 %
Residual Value (20 Years)92,322 JPY/sq.m52 %
Residual Value (20 Years)68,854 JPY/sq.m39 %
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
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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 Kanto Railway Ryūgasaki Line 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 Ibaraki Kanto Railway Kanto Railway Ryūgasaki Line 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.

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1. Ibaraki Ryugasaki-Shi 中根台Ryugasaki-Shi Sanuki 30.0 min walk)
22.3 years old , Area: 195 sq.m , Total floor area: 130 sq.m , Structure: 木造
- Trading date: 2016-06-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   100,000 JPY/sq.m
2. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
22.3 years old , Area: 200 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2016-06-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   118,181 JPY/sq.m
3. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
22.0 years old , Area: 200 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2016-03-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   104,347 JPY/sq.m
4. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
22.0 years old , Area: 220 sq.m , Total floor area: 105 sq.m , Structure: 木造
- Trading date: 2010-03-01T00:00:00Z
Trading price:   8,800,000 JPY,    Unit price:   83,809 JPY/sq.m
5. Ibaraki Ryugasaki-Shi 平台Ryugasaki-Shi Sanuki 30.0 min walk)
21.5 years old , Area: 210 sq.m , Total floor area: 120 sq.m , Structure: 木造
- Trading date: 2012-09-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   150,000 JPY/sq.m
6. Ibaraki Ryugasaki-Shi 平台Ryugasaki-Shi Sanuki 30.0 min walk)
23.0 years old , Area: 210 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2014-03-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   113,043 JPY/sq.m
7. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
21.5 years old , Area: 200 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2015-09-01T00:00:00Z
Trading price:   3,800,000 JPY,    Unit price:   34,545 JPY/sq.m
8. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
23.3 years old , Area: 200 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2011-06-01T00:00:00Z
Trading price:   8,000,000 JPY,    Unit price:   72,727 JPY/sq.m
9. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
23.5 years old , Area: 200 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2011-09-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   118,181 JPY/sq.m
10. Ibaraki Ryugasaki-Shi 久保台Ryugasaki-Shi Sanuki 30.0 min walk)
21.0 years old , Area: 180 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2013-03-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   109,090 JPY/sq.m
11. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
20.8 years old , Area: 210 sq.m , Total floor area: 140 sq.m , Structure: 木造
- Trading date: 2012-12-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   114,285 JPY/sq.m
12. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
20.5 years old , Area: 195 sq.m , Total floor area: 105 sq.m , Structure: 木造
- Trading date: 2007-09-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   133,333 JPY/sq.m
13. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
24.3 years old , Area: 220 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2012-06-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   121,739 JPY/sq.m
14. Ibaraki Ryugasaki-Shi 長山Ryugasaki-Shi Sanuki 30.0 min walk)
20.2 years old , Area: 220 sq.m , Total floor area: 125 sq.m , Structure: 木造
- Trading date: 2009-03-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   128,000 JPY/sq.m
15. Ibaraki Ryugasaki-Shi 緑町Ryugasaki-Shi Ryugasaki 28.0 min walk)
24.0 years old , Area: 200 sq.m , Total floor area: 120 sq.m , Structure: 木造
- Trading date: 2014-03-01T00:00:00Z
Trading price:   6,700,000 JPY,    Unit price:   55,833 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 locations less than ten minutes by foot from the station, as well as 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 increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 3.6% of total transactions in 2016 and 4.2% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 9.1% of total transactions in 2016 and 13.0% of total transactions in 2017)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 21.8% of total transactions in 2016 and 17.4% of total transactions in 2017)
The table below shows Home dealt in Ibaraki Kanto Railway Kanto Railway Ryūgasaki Line, 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 Kanto Railway Ryūgasaki Line

    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
    Kanto Railway Ryūgasaki Line Sanuki (479) [Stations]13,000,000107,14220.5 yrs30 min200 sq.m
    Kanto Railway Jōsō Line Daihou (14) [Stations]9,750,00082,10114.6 yrs25 min240 sq.m
    Kanto Railway Jōsō Line Soudou (47) [Stations]13,000,00079,81117.3 yrs30 min290 sq.m
    Kanto Railway Jōsō Line Minamiishige (6) [Stations]6,650,00073,90013.8 yrs43 min290 sq.m
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