Hirakawa Home average value

Price 8,170,000 JPY
  (81,270 JPY/sq.m)
- Age 22.8 years old
- Dist. from Sta. 22.8 min walk
- Property area 222.5 sq.m
- Total floor area 112.5 sq.m

The average price of a sq.m Home of Kagoshima JR Ibusuki Makurazaki Line Hirakawa, in 2015 was 82,608 JPY/sq.m. The market value represents a decrease of 50,725 JPY (-38.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 22.0 years old (a -24.1% decrease compared to the 29.0 years old of last year.). The average size of the real estate was 210.0 sq.m (a +5.0% increase compared to the 200.0 sq.m of last year.). The average total floor space of the real estate was 115.0 sq.m (a +27.8% increase compared to the 90.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 29.0 years old in 2014 and 22.0 years old in 2015; -24.1%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2014 and 100.0% of total transactions in 2015)
Data regarding the market value and its changes of Home in Hirakawa were calculated using data on the sales of 10 properties provided by the MLIT Japan.

Hirakawa Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
喜入瀬々串町9,500,000 JPY273,084 JPY/sq.mHirakawa30 min
喜入瀬々串町11,000,000 JPY363,636 JPY/sq.mHirakawa30 min
喜入瀬々串町9,500,000 JPY232,628 JPY/sq.mHirakawa30 min
喜入瀬々串町8,800,000 JPY306,218 JPY/sq.mHirakawa30 min
喜入瀬々串町7,400,000 JPY271,808 JPY/sq.mHirakawa30 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
Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

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 New207,845 JPY/sq.m100 %
Residual Value (10 Years)158,643 JPY/sq.m76 %
Residual Value (20 Years)125,840 JPY/sq.m61 %
Residual Value (20 Years)109,435 JPY/sq.m53 %
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 Hirakawa 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 Hirakawa 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 喜入瀬々串町Kagoshima-Shi Hirakawa 30.0 min walk)
22.0 years old , Area: 210 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2015-03-01T00:00:00Z
Trading price:   9,500,000 JPY,    Unit price:   82,608 JPY/sq.m
2. Kagoshima Kagoshima-Shi 喜入瀬々串町Kagoshima-Shi Hirakawa 30.0 min walk)
16.5 years old , Area: 170 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2011-09-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   110,000 JPY/sq.m
3. Kagoshima Kagoshima-Shi 喜入瀬々串町Kagoshima-Shi Hirakawa 30.0 min walk)
15.8 years old , Area: 210 sq.m , Total floor area: 135 sq.m , Structure: 木造
- Trading date: 2008-12-01T00:00:00Z
Trading price:   9,500,000 JPY,    Unit price:   70,370 JPY/sq.m
4. Kagoshima Kagoshima-Shi 喜入瀬々串町Kagoshima-Shi Hirakawa 30.0 min walk)
15.3 years old , Area: 210 sq.m , Total floor area: 95 sq.m , Structure: 木造
- Trading date: 2009-06-01T00:00:00Z
Trading price:   8,800,000 JPY,    Unit price:   92,631 JPY/sq.m
5. Kagoshima Kagoshima-Shi 喜入瀬々串町Kagoshima-Shi Hirakawa 30.0 min walk)
14.8 years old , Area: 210 sq.m , Total floor area: 90 sq.m , Structure: 木造
- Trading date: 2008-12-01T00:00:00Z
Trading price:   7,400,000 JPY,    Unit price:   82,222 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 slight decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 29.0 years old in 2014 and 22.0 years old in 2015; -24.1%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2014 and 100.0% of total transactions in 2015)
The table below shows Home dealt in Kagoshima JR Ibusuki Makurazaki Line Hirakawa, 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 Hirakawa

    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 Ibusuki (68) [Stations]9,650,00083,28124.5 yrs12 min280 sq.m
    JR Ibusuki Makurazaki Line Nigatsudenn (38) [Stations]9,950,00077,74718.8 yrs19 min275 sq.m
    JR Ibusuki Makurazaki Line Goino (59) [Stations]11,000,00074,66632.2 yrs26 min320 sq.m
    JR Ibusuki Makurazaki Line Makurazaki (95) [Stations]5,700,00046,76028.5 yrs16 min250 sq.m
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