Goino Home average value

Price 17,586,956 JPY
  (119,050 JPY/sq.m)
- Age 26.1 years old
- Dist. from Sta. 61.3 min walk
- Property area 546.7 sq.m
- Total floor area 211.8 sq.m

The average price of a sq.m Home of Kagoshima JR Ibusuki Makurazaki Line Goino, in 2016 was 80,378 JPY/sq.m. The market value represents a decrease of 85,863 JPY (-51.6%) compared to 1 year ago and a transition to a dramatic market. 13 properties exchanged hands ( The market value represents an increase of 7 (+116.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 31.1 years old (a +95.3% increase compared to the 15.9 years old of last year.). The average size of the real estate was 536.9 sq.m (a +57.5% increase compared to the 340.8 sq.m of last year.). The average total floor space of the real estate was 262.5 sq.m (a +170.6% increase compared to the 97.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 15.9 years old in 2015 and 31.1 years old in 2016; +95.3%)
  • A dramatic increase in average distance from the station (representing 15.8 min in 2015 and 87.5 min in 2016; +452.9%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 20.0% of total transactions in 2015 and 40.0% of total transactions in 2016)
Data regarding the market value and its changes of Home in Goino were calculated using data on the sales of 61 properties provided by the MLIT Japan.

Goino Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
七ツ島35,000,000 JPY180,783 JPY/sq.mGoino24 min
七ツ島85,000,000 JPY346,902 JPY/sq.mGoino24 min
七ツ島60,000,000 JPY233,349 JPY/sq.mGoino24 min
七ツ島28,000,000 JPY560,979 JPY/sq.mGoino21 min

JR Ibusuki Makurazaki Line Railway market report

2017. Jan - Dec
 66 tradings
2016. Jan - Dec
 339 tradings
2015. Jan - Dec
 192 tradings
2014. Jan - Dec
 135 tradings
4Q
1
3Q
36
2Q
11
1Q
18
4Q
70
3Q
70
2Q
125
1Q
74
4Q
19
3Q
68
2Q
15
1Q
90
4Q
12
3Q
56
2Q
9
1Q
58

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 New242,759 JPY/sq.m100 %
Residual Value (10 Years)168,927 JPY/sq.m70 %
Residual Value (20 Years)116,977 JPY/sq.m48 %
Residual Value (20 Years)86,909 JPY/sq.m36 %
Color:
Unit:   Touch:
Property Details:
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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 Goino 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 Kagoshima JR Ibusuki Makurazaki Line Goino 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. Kagoshima Kagoshima-Shi 七ツ島Kagoshima-Shi Goino 24.0 min walk)
30.8 years old , Area: 1300 sq.m , Total floor area: 640 sq.m , Structure: 鉄骨造
- Trading date: 2009-12-01T00:00:00Z
Trading price:   35,000,000 JPY,    Unit price:   54,687 JPY/sq.m
2. Kagoshima Kagoshima-Shi 七ツ島Kagoshima-Shi Goino 24.0 min walk)
31.8 years old , Area: 2000 sq.m , Total floor area: 810 sq.m , Structure: 鉄骨造
- Trading date: 2010-12-01T00:00:00Z
Trading price:   85,000,000 JPY,    Unit price:   104,938 JPY/sq.m
3. Kagoshima Kagoshima-Shi 七ツ島Kagoshima-Shi Goino 24.0 min walk)
31.8 years old , Area: 1100 sq.m , Total floor area: 850 sq.m , Structure: 鉄骨造
- Trading date: 2010-12-01T00:00:00Z
Trading price:   60,000,000 JPY,    Unit price:   70,588 JPY/sq.m
4. Kagoshima Kagoshima-Shi 七ツ島Kagoshima-Shi Goino 21.0 min walk)
31.3 years old , Area: 710 sq.m , Total floor area: 165 sq.m , Structure: 鉄骨造
- Trading date: 2010-06-01T00:00:00Z
Trading price:   28,000,000 JPY,    Unit price:   169,696 JPY/sq.m
5. Kagoshima Kagoshima-Shi 七ツ島Kagoshima-Shi Goino 26.0 min walk)
32.8 years old , Area: 830 sq.m , Total floor area: 250 sq.m , Structure: 鉄骨造
- Trading date: 2016-12-01T00:00:00Z
Trading price:   30,000,000 JPY,    Unit price:   120,000 JPY/sq.m
6. Kagoshima Kagoshima-Shi 平川町Kagoshima-Shi Goino 20.0 min walk)
33.0 years old , Area: 145 sq.m , Total floor area: 75 sq.m , Structure: 木造
- Trading date: 2015-03-01T00:00:00Z
Trading price:   5,600,000 JPY,    Unit price:   74,666 JPY/sq.m
7. Kagoshima Kagoshima-Shi 七ツ島Kagoshima-Shi Goino 26.0 min walk)
26.8 years old , Area: 2000 sq.m , Total floor area: 610 sq.m , Structure: 鉄骨造
- Trading date: 2007-12-01T00:00:00Z
Trading price:   190,000,000 JPY,    Unit price:   311,475 JPY/sq.m
8. Kagoshima Kagoshima-Shi 七ツ島Kagoshima-Shi Goino 29.0 min walk)
27.8 years old , Area: 2000 sq.m , Total floor area: 780 sq.m , Structure: 鉄骨造
- Trading date: 2011-12-01T00:00:00Z
Trading price:   75,000,000 JPY,    Unit price:   96,153 JPY/sq.m
9. Kagoshima Kagoshima-Shi 平川町Kagoshima-Shi Goino 16.0 min walk)
28.5 years old , Area: 230 sq.m , Total floor area: 170 sq.m , Structure: 木造
- Trading date: 2007-09-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   76,470 JPY/sq.m
10. Kagoshima Kagoshima-Shi 平川町Kagoshima-Shi Goino 19.0 min walk)
24.4 years old , Area: 190 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2013-06-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   109,090 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 more than twenty minutes by foot from the station, outside of walking distance.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 15.9 years old in 2015 and 31.1 years old in 2016; +95.3%)
  • A dramatic increase in average distance from the station (representing 15.8 min in 2015 and 87.5 min in 2016; +452.9%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 20.0% of total transactions in 2015 and 40.0% of total transactions in 2016)
The table below shows Home dealt in Kagoshima JR Ibusuki Makurazaki Line Goino, 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 Goino

    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 Ibusuki Makurazaki Line Kiire (29) [Stations]13,000,000109,84119.3 yrs19 min390 sq.m
    JR Ibusuki Makurazaki Line Ibusuki (68) [Stations]9,650,00083,28124.5 yrs12 min280 sq.m
    JR Ibusuki Makurazaki Line Hirakawa (10) [Stations]9,150,00082,41520.7 yrs30 min210 sq.m
    JR Ibusuki Makurazaki Line Nigatsudenn (38) [Stations]9,950,00077,74718.8 yrs19 min275 sq.m
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