Abukuma Express Line Home average value

Price 17,416,456 JPY
  (124,281 JPY/sq.m)
- Age 18.8 years old
- Dist. from Sta. 18.4 min walk
- Property area 466.6 sq.m
- Total floor area 193.3 sq.m

The average price of a sq.m Home of Miyagi Abukuma Express Line, in 2017 was 126,428 JPY/sq.m. The market value represents a decrease of 13,549 JPY (-9.7%) compared to 1 year ago and a transition to a bear market. 4 properties exchanged hands ( The market value represents a decrease of 21 (-84.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 16.1 years old (a +3.1% increase compared to the 15.6 years old of last year.). The average size of the real estate was 717.5 sq.m (a +20.8% increase compared to the 594.0 sq.m of last year.). The average total floor space of the real estate was 328.8 sq.m (a +27.7% increase compared to the 257.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was 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 decrease in average distance from the station (representing 22.0 min in 2016 and 10.5 min in 2017; -52.4%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 12.5% of total transactions in 2016 and 25.0% 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 299 properties provided by the MLIT Japan.

Abukuma Express Line Home market value list

StationsAverage Trading PriceAverage Unit Price
Marumori11,933,529 JPY69,850 JPY/sq.m
Kitamarumori55,000,000 JPY119,884 JPY/sq.m
Minamikakuda9,790,667 JPY111,519 JPY/sq.m
Kakuda11,930,000 JPY119,937 JPY/sq.m
Yokokura18,915,385 JPY106,514 JPY/sq.m
Oka11,076,471 JPY85,972 JPY/sq.m
Higashifunaoka16,450,000 JPY111,194 JPY/sq.m
Tsukinoki22,588,462 JPY137,012 JPY/sq.m

Abukuma Express Line Railway market report

2017. Jan Jun
 4 tradings
2016. Jan Sep
 25 tradings
2015. Jan Dec
 18 tradings
2014. Jan Dec
 22 tradings
2013. Jan Dec
 34 tradings
--2Q
1
--3Q
5
2Q
10
1Q
10
4Q
4
3Q
7
2Q
1
1Q
6
4Q
12
3Q
2
2Q
3
1Q
5
4Q
5
3Q
8
2Q
13
1Q
8
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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.)
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AgeTrading PriceProportion
Price at New182,054 JPY/sq.m100 %
Residual Value (10 Years)149,003 JPY/sq.m82 %
Residual Value (20 Years)122,268 JPY/sq.m67 %
Residual Value (20 Years)101,847 JPY/sq.m56 %
Color:

Unit:
Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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.

{{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 in Abukuma Express Line

Past Home sales data, with similarly entered ages, area, and distances from station are as follows.

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{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was 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 decrease in average distance from the station (representing 22.0 min in 2016 and 10.5 min in 2017; -52.4%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 12.5% of total transactions in 2016 and 25.0% 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 (98) [Stations]12,000,000127,12122.0 yrs15 min235 sq.m
Abukuma Express Line Tsukinoki (87) [Stations]16,500,000129,82419.0 yrs17 min240 sq.m
Abukuma Express Line Minamikakuda (15) [Stations]11,000,000105,29419.0 yrs20 min200 sq.m
Abukuma Express Line Higashifunaoka (28) [Stations]10,500,00096,51014.5 yrs18 min285 sq.m
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