Abukuma Express Line Home average value

Price 18,217,949 JPY
  (132,351 JPY/sq.m)
- Age 19.2 years old
- Dist. from Sta. 19.7 min walk
- Property area 501.8 sq.m
- Total floor area 200.5 sq.m

The average price of a sq.m Home of Miyagi Abukuma Express Line, in 2017 was 155,589 JPY/sq.m. The market value represents an increase of 6,360 JPY (+4.3%) compared to 1 year ago and a transition to a some market. 13 properties exchanged hands ( The market value represents a decrease of 17 (-56.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 26.6 years old (a +71.8% increase compared to the 15.5 years old of last year.). The average size of the real estate was 688.8 sq.m (a +28.8% increase compared to the 534.8 sq.m of last year.). The average total floor space of the real estate was 211.7 sq.m (a -8.5% decrease compared to the 231.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.7% of total transactions in 2016 and 15.4% of total transactions in 2017)
  • A some increase in transactions involving nearly new buildings under 3 years old (representing 32.1% of total transactions in 2016 and 33.3% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 15.5 years old in 2016 and 26.6 years old in 2017; +71.8%)
  • A dramatic increase in average distance from the station (representing 20.8 min in 2016 and 28.1 min in 2017; +35.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 14.3% of total transactions in 2016 and 41.7% of total transactions in 2017)
Data regarding the market value and its changes of Home in Abukuma Express Line were calculated using data on the sales of 308 properties provided by the MLIT Japan.

Abukuma Express Line Home market value list

StationsAverage Trading PriceAverage Unit Price
Marumori11,064,210 JPY64,955 JPY/sq.m
Kitamarumori55,000,000 JPY119,884 JPY/sq.m
Minamikakuda9,790,667 JPY111,519 JPY/sq.m
Kakuda15,421,429 JPY151,989 JPY/sq.m
Yokokura18,915,385 JPY106,514 JPY/sq.m
Oka10,794,444 JPY85,972 JPY/sq.m
Higashifunaoka16,744,828 JPY115,197 JPY/sq.m
Tsukinoki23,429,167 JPY139,386 JPY/sq.m

Abukuma Express Line Railway market report

2017. Jan - Dec
 13 tradings
2016. Jan - Dec
 30 tradings
2015. Jan - Dec
 18 tradings
2014. Jan - Dec
 22 tradings
4Q
5
3Q
4
2Q
1
1Q
3
4Q
5
3Q
5
2Q
10
1Q
10
4Q
4
3Q
7
2Q
1
1Q
6
4Q
12
3Q
2
2Q
3
1Q
5

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 New182,319 JPY/sq.m100 %
Residual Value (10 Years)151,056 JPY/sq.m83 %
Residual Value (20 Years)123,735 JPY/sq.m68 %
Residual Value (20 Years)100,356 JPY/sq.m55 %
Color:
Unit:   Touch:
Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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 Abukuma Express 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 Miyagi Abukuma Express 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.

Related sales({{similarlist.length}})

1. Miyagi Kakuda-Shi 梶賀Kakuda-Shi Kakuda 19.0 min walk)
19.5 years old , Area: 250 sq.m , Total floor area: 125 sq.m , Structure: 軽量鉄骨造
- Trading date: 2009-09-01T00:00:00Z
Trading price:   3,000,000 JPY,    Unit price:   24,000 JPY/sq.m
2. Miyagi Kakuda-Shi 横倉Kakuda-Shi Yokokura 14.0 min walk)
18.9 years old , Area: 290 sq.m , Total floor area: 105 sq.m , Structure: 木造
- Trading date: 2007-12-01T00:00:00Z
Trading price:   8,500,000 JPY,    Unit price:   80,952 JPY/sq.m
3. Miyagi Shibata-Gun Shibata-Machi 松ケ越Shibata-Gun Tsukinoki 18.0 min walk)
22.4 years old , Area: 230 sq.m , Total floor area: 80 sq.m , Structure: 木造
- Trading date: 2011-06-01T00:00:00Z
Trading price:   9,400,000 JPY,    Unit price:   117,500 JPY/sq.m
4. Miyagi Kakuda-Shi 横倉Kakuda-Shi Kakuda 15.0 min walk)
22.0 years old , Area: 230 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2014-03-01T00:00:00Z
Trading price:   3,500,000 JPY,    Unit price:   30,434 JPY/sq.m
5. Miyagi Kakuda-Shi 横倉Kakuda-Shi Kakuda 15.0 min walk)
22.8 years old , Area: 230 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2014-12-01T00:00:00Z
Trading price:   15,000,000 JPY,    Unit price:   130,434 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 older buildings over 40 years old, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.7% of total transactions in 2016 and 15.4% of total transactions in 2017)
  • A some increase in transactions involving nearly new buildings under 3 years old (representing 32.1% of total transactions in 2016 and 33.3% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 15.5 years old in 2016 and 26.6 years old in 2017; +71.8%)
  • A dramatic increase in average distance from the station (representing 20.8 min in 2016 and 28.1 min in 2017; +35.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 14.3% of total transactions in 2016 and 41.7% of total transactions in 2017)
The table below shows Home dealt in Miyagi Abukuma Express 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 Abukuma Express 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
    Abukuma Express Line Kakuda (100) [Stations]14,500,000133,39821.5 yrs16 min240 sq.m
    Abukuma Express Line Tsukinoki (88) [Stations]16,500,000129,82419.0 yrs17 min240 sq.m
    Abukuma Express Line Higashifunaoka (29) [Stations]11,000,00096,55114.4 yrs18 min280 sq.m
    Abukuma Express Line Yokokura (13) [Stations]8,500,00067,82613.0 yrs24 min380 sq.m
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