Higashiyama Home average value

Price 27,854,546 JPY
  (259,783 JPY/sq.m)
- Age 24.0 years old
- Dist. from Sta. 10.1 min walk
- Property area 194.5 sq.m
- Total floor area 106.8 sq.m

The average price of a sq.m Home of Nara Kintetsu Ikoma Line Higashiyama, in 2017 was 285,714 JPY/sq.m. The market value represents an increase of 3,374 JPY (+1.2%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands ( The market value represents a decrease of 7 (-87.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 0.8 years old (a +4.4% increase compared to the 0.7 years old of last year.). The average size of the real estate was 210.0 sq.m (a +7.7% increase compared to the 195.0 sq.m of last year.). The average total floor space of the real estate was 105.0 sq.m (a -2.9% decrease compared to the 108.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 10.1 min in 2016 and 13.0 min in 2017; +28.4%)
  • A slight decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
Data regarding the market value and its changes of Home in Higashiyama were calculated using data on the sales of 91 properties provided by the MLIT Japan.

Higashiyama Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
緑ケ丘9,000,000 JPY205,183 JPY/sq.mHigashiyama15 min
緑ケ丘18,000,000 JPY476,033 JPY/sq.mHigashiyama15 min
緑ケ丘2,800,000 JPY92,562 JPY/sq.mHigashiyama15 min
小平尾町52,000,000 JPY1,719,008 JPY/sq.mHigashiyama9 min

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 New265,474 JPY/sq.m100 %
Residual Value (10 Years)185,492 JPY/sq.m70 %
Residual Value (20 Years)129,729 JPY/sq.m49 %
Residual Value (20 Years)98,184 JPY/sq.m37 %
Color:
Unit:   Touch:



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

Home value Age transition

Property Details:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
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




Top

Calculate Higashiyama 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 Higashiyama 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.

Top

Trading Data

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

1. Nara Ikoma-Gun Heguri-Cho 緑ケ丘Ikoma-Gun Higashiyama 15.0 min walk)
33.3 years old , Area: 270 sq.m , Total floor area: 145 sq.m , Structure: 軽量鉄骨造
- Trading date: 2013-06-01T00:00:00Z

Trading price:   9,000,000 JPY,    Unit price:   62,068 JPY/sq.m

2. Nara Ikoma-Gun Heguri-Cho 緑ケ丘Ikoma-Gun Higashiyama 15.0 min walk)
22.8 years old , Area: 220 sq.m , Total floor area: 125 sq.m , Structure: 木造
- Trading date: 2009-12-01T00:00:00Z

Trading price:   18,000,000 JPY,    Unit price:   144,000 JPY/sq.m

3. Nara Ikoma-Gun Heguri-Cho 緑ケ丘Ikoma-Gun Higashiyama 15.0 min walk)
35.8 years old , Area: 190 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2015-12-01T00:00:00Z

Trading price:   2,800,000 JPY,    Unit price:   28,000 JPY/sq.m

{{$index+1}}. {{item.place}}{{item.stations[0]}} {{item.station_distance}} min walk)
{{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

Top

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 very large size more than 200 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 10.1 min in 2016 and 13.0 min in 2017; +28.4%)
  • A slight decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
The table below shows Home dealt in Nara Kintetsu Ikoma Line Higashiyama, 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:

    Top

    Area close to the price in Higashiyama

    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
    Kintetsu Ikoma Line Nabata (64) [Stations]28,000,000175,81717.1 yrs9 min165 sq.m
    Kintetsu Ikoma Line Haginodai (45) [Stations]19,000,000165,21724.0 yrs9 min185 sq.m
    Kintetsu Ikoma Line Ikoma (414) [Stations]15,000,000117,64031.0 yrs15 min145 sq.m
    Kintetsu Kintetsu Ikoma Line (1,684) [Stations]14,000,000113,39228.9 yrs13 min175 sq.m
    Top