JR Rikuu East Line Home average value

Price 20,558,350 JPY
  (126,773 JPY/sq.m)
- Age 20.1 years old
- Dist. from Sta. 30.5 min walk
- Property area 430.1 sq.m
- Total floor area 177.8 sq.m

The average price of a sq.m Home of Miyagi JR JR Rikuu East Line, in 2017 was 128,635 JPY/sq.m. The market value represents a decrease of 6,496 JPY (-4.8%) compared to 1 year ago and a transition to a some market. 58 properties exchanged hands ( The market value represents a decrease of 54 (-48.2%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.5 years old (a +18.7% increase compared to the 17.3 years old of last year.). The average size of the real estate was 444.0 sq.m (a +1.8% increase compared to the 436.1 sq.m of last year.). The average total floor space of the real estate was 174.4 sq.m (a -11.6% decrease compared to the 197.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old, as well as a dramatic increase in transactions involving relatively large size more than 100 sq.m.

Cause of price increases

  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 15.8% of total transactions in 2016 and 9.6% of total transactions in 2017)

Causes of price decreases

  • An increase in average age of the building (representing 17.3 years old in 2016 and 20.5 years old in 2017; +18.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 27.4% of total transactions in 2016 and 46.2% of total transactions in 2017)
  • An decrease in transactions involving nearly new buildings under 3 years old (representing 41.1% of total transactions in 2016 and 34.6% of total transactions in 2017)
Data regarding the market value and its changes of Home in JR Rikuu East Line were calculated using data on the sales of 1,083 properties provided by the MLIT Japan.

JR Rikuu East Line Home market value list

StationsAverage Trading PriceAverage Unit Price
Kogota14,375,000 JPY130,211 JPY/sq.m
Kitaura13,087,500 JPY92,276 JPY/sq.m
Rikuzennyachi22,200,000 JPY166,354 JPY/sq.m
Furukawa23,167,688 JPY160,525 JPY/sq.m
Tsukanome24,724,546 JPY168,735 JPY/sq.m
Nishifurukawa10,776,471 JPY75,585 JPY/sq.m
Higashioosaki13,175,000 JPY64,867 JPY/sq.m
Iwadeyama9,080,556 JPY63,843 JPY/sq.m
Yuubikann4,706,250 JPY50,940 JPY/sq.m
Kaminome5,240,000 JPY52,367 JPY/sq.m
Kawatabionnsenn4,031,250 JPY37,068 JPY/sq.m
Narukogotennyu6,500,000 JPY54,522 JPY/sq.m
Narukoonnsenn19,826,111 JPY33,428 JPY/sq.m
Nakayamadairaonnsenn17,359,130 JPY58,476 JPY/sq.m

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 New209,609 JPY/sq.m100 %
Residual Value (10 Years)147,231 JPY/sq.m70 %
Residual Value (20 Years)102,713 JPY/sq.m49 %
Residual Value (20 Years)76,056 JPY/sq.m36 %
Color:
Unit:   Touch:



Home value Age transition. Market values in terms of Age.

Home value Age transition

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 JR Rikuu East 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 JR Rikuu East 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.

1. Miyagi Osaki-Shi 古川西館Osaki-Shi Furukawa 29.0 min walk)
22.5 years old , Area: 240 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2014-09-01T00:00:00Z

Trading price:   17,000,000 JPY,    Unit price:   170,000 JPY/sq.m

2. Miyagi Osaki-Shi 古川稲葉Osaki-Shi Furukawa 30.0 min walk)
21.3 years old , Area: 260 sq.m , Total floor area: 170 sq.m , Structure: 木造
- Trading date: 2012-06-01T00:00:00Z

Trading price:   9,400,000 JPY,    Unit price:   55,294 JPY/sq.m

3. Miyagi Osaki-Shi 古川稲葉Osaki-Shi Furukawa 30.0 min walk)
22.0 years old , Area: 270 sq.m , Total floor area: 120 sq.m , Structure: 木造
- Trading date: 2015-03-01T00:00:00Z

Trading price:   10,000,000 JPY,    Unit price:   83,333 JPY/sq.m

4. Miyagi Osaki-Shi 古川福浦Osaki-Shi Furukawa 30.0 min walk)
19.8 years old , Area: 240 sq.m , Total floor area: 120 sq.m , Structure: 木造
- Trading date: 2009-12-01T00:00:00Z

Trading price:   13,000,000 JPY,    Unit price:   108,333 JPY/sq.m

5. Miyagi Osaki-Shi 古川稲葉Osaki-Shi Furukawa 30.0 min walk)
22.5 years old , Area: 230 sq.m , Total floor area: 120 sq.m , Structure: 木造
- Trading date: 2015-09-01T00:00:00Z

Trading price:   12,000,000 JPY,    Unit price:   100,000 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:



Home market value trends Market value trends for Home.

Home market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old, as well as a dramatic increase in transactions involving relatively large size more than 100 sq.m.

Cause of price increases

  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 15.8% of total transactions in 2016 and 9.6% of total transactions in 2017)

Causes of price decreases

  • An increase in average age of the building (representing 17.3 years old in 2016 and 20.5 years old in 2017; +18.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 27.4% of total transactions in 2016 and 46.2% of total transactions in 2017)
  • An decrease in transactions involving nearly new buildings under 3 years old (representing 41.1% of total transactions in 2016 and 34.6% of total transactions in 2017)
The table below shows Home dealt in Miyagi JR JR Rikuu East 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 Rikuu East 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 Rikuu East Line Rikuzennyachi (9) [Stations]22,000,000129,41115.0 yrs15 min260 sq.m
    JR Ishimaki Line Maeyachi (35) [Stations]17,000,000130,43411.8 yrs14 min520 sq.m
    JR Kesennuma Line Maeyachi (35) [Stations]17,000,000130,43411.8 yrs14 min520 sq.m
    JR Senseki Line Rikuzennyamashita (113) [Stations]18,000,000120,00022.8 yrs13 min200 sq.m
    JR JR Ishimaki Line (988) [Stations]17,000,000141,66615.6 yrs16 min240 sq.m
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