Makurazaki Home average value
- Age 29.3 years old
- Dist. from Sta. 28.5 min walk
- Property area 401.5 sq.m
- Total floor area 142.6 sq.m
The average price of a sq.m Home of Kagoshima JR Ibusuki Makurazaki Line Makurazaki, in 2017 was 57,966 JPY/sq.m. The market value represents a decrease of 19,707 JPY (-25.4%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 11 (-84.6%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 28.5 years old (a -2.5% decrease compared to the 29.3 years old of last year.). The average size of the real estate was 165.0 sq.m (a -49.2% decrease compared to the 325.0 sq.m of last year.). The average total floor space of the real estate was 102.5 sq.m (a -2.4% decrease compared to the 105.0 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.
Cause of price increases
- A dramatic decrease in average distance from the station (representing 24.9 min in 2016 and 15.0 min in 2017; -39.8%)
Causes of price decreases
- A dramatic increase in transactions involving older buildings over 40 years old (representing 36.4% of total transactions in 2016 and 50.0% of total transactions in 2017)
Makurazaki Home transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|岩崎町||8,000,000 JPY||229,967 JPY/sq.m||Makurazaki||18 min|
|栄中町||2,500,000 JPY||63,570 JPY/sq.m||Makurazaki||21 min|
|美原町||1,800,000 JPY||56,668 JPY/sq.m||Makurazaki||19 min|
JR Ibusuki Makurazaki Line Railway market report
|2017. Jan - Dec|
|2016. Jan - Dec|
|2015. Jan - Dec|
|2014. Jan - Dec|