JR Honshi-Bisan Line Home average value

Price 60,537,500 JPY
  (132,564 JPY/sq.m)
- Age 21.8 years old
- Dist. from Sta. 27.9 min walk
- Property area 610.1 sq.m
- Total floor area 414.6 sq.m

The average price of a sq.m Home of Kagawa JR JR Honshi-Bisan Line, in 2017 was 234,368 JPY/sq.m. The market value represents an increase of 118,119 JPY (+101.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 8 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 0.3 years old (a -99.0% decrease compared to the 25.5 years old of last year.). The average size of the real estate was 210.0 sq.m (a -72.8% decrease compared to the 771.0 sq.m of last year.). The average total floor space of the real estate was 110.0 sq.m (a -86.9% decrease compared to the 838.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving nearly new buildings under 3 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 25.5 years old in 2016 and 0.3 years old in 2017; -99.0%)
  • A dramatic decrease in average distance from the station (representing 26.8 min in 2016 and 16.5 min in 2017; -38.4%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 30.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
Data regarding the market value and its changes of Home in JR Honshi-Bisan Line were calculated using data on the sales of 103 properties provided by the MLIT Japan.

JR Honshi-Bisan Line Home market value list

StationsAverage Trading PriceAverage Unit Price
Utadu60,537,500 JPY132,564 JPY/sq.m

JR Honshi-Bisan Line Railway market report

2017. Jan Jun
 2 tradings
2016. Jan Sep
 10 tradings
2015. Jan Dec
 10 tradings
2014. Jan Dec
 10 tradings
2013. Jan Dec
 13 tradings
--2Q
2
--3Q
2
2Q
5
1Q
3
4Q
4
3Q
2
2Q
1
1Q
3
4Q
4
3Q
1
2Q
4
1Q
1
4Q
3
3Q
5
2Q
3
1Q
2
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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.)
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AgeTrading PriceProportion
Price at New236,029 JPY/sq.m100 %
Residual Value (10 Years)177,657 JPY/sq.m75 %
Residual Value (20 Years)131,092 JPY/sq.m56 %
Residual Value (20 Years)96,334 JPY/sq.m41 %
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 JR Honshi-Bisan 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 Kagawa JR JR Honshi-Bisan 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 in JR Honshi-Bisan Line

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 nearly new buildings under 3 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 25.5 years old in 2016 and 0.3 years old in 2017; -99.0%)
  • A dramatic decrease in average distance from the station (representing 26.8 min in 2016 and 16.5 min in 2017; -38.4%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 30.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
The table below shows Home dealt in Kagawa JR JR Honshi-Bisan 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 JR Honshi-Bisan 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
JR Yosan Line Sanukishioya (13) [Stations]13,000,000120,00025.8 yrs25 min270 sq.m
JR Yosan Line Utadu (103) [Stations]22,000,000119,22123.8 yrs27 min260 sq.m
JR Honshi-Bisan Line Utadu (103) [Stations]22,000,000119,22123.8 yrs27 min260 sq.m
JR Yosan Line Motoyama (60) [Stations]13,500,000110,34425.7 yrs27 min255 sq.m
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