Ikoma Home average value

Price 24,281,579 JPY
  (150,451 JPY/sq.m)
- Age 27.7 years old
- Dist. from Sta. 16.5 min walk
- Property area 183.6 sq.m
- Total floor area 133.4 sq.m

The average price of a sq.m Home of Nara Kintetsu Ikoma Line Ikoma, in 2018 was 116,198 JPY/sq.m. The market value represents an increase of 7,944 JPY (+7.3%) compared to 1 year ago and a transition to a strong market. 16 properties exchanged hands ( The market value represents a decrease of 6 (-27.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 27.2 years old (a -16.9% decrease compared to the 32.8 years old of last year.). The average size of the real estate was 215.9 sq.m (a +53.2% increase compared to the 140.9 sq.m of last year.). The average total floor space of the real estate was 183.2 sq.m (a +80.7% increase compared to the 101.4 sq.m of last year.).

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

  • An decrease in average age of the building (representing 32.8 years old in 2017 and 27.2 years old in 2018; -16.9%)
  • An decrease in average distance from the station (representing 18.6 min in 2017 and 15.9 min in 2018; -14.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.5% of total transactions in 2017 and 18.8% of total transactions in 2018)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 4.5% of total transactions in 2017 and 6.7% of total transactions in 2018)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 63.6% of total transactions in 2017 and 73.3% of total transactions in 2018)
Data regarding the market value and its changes of Home in Ikoma were calculated using data on the sales of 420 properties provided by the MLIT Japan.

Ikoma Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
緑ケ丘34,000,000 JPY510,893 JPY/sq.mIkoma15 min
桜ケ丘13,000,000 JPY452,370 JPY/sq.mIkoma14 min
軽井沢町16,000,000 JPY341,240 JPY/sq.mIkoma16 min
緑ケ丘32,000,000 JPY641,121 JPY/sq.mIkoma14 min
緑ケ丘17,000,000 JPY561,983 JPY/sq.mIkoma16 min
辻町8,000,000 JPY240,420 JPY/sq.mIkoma15 min
軽井沢町7,300,000 JPY178,757 JPY/sq.mIkoma14 min
俵口町6,800,000 JPY321,131 JPY/sq.mIkoma16 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 New313,871 JPY/sq.m100 %
Residual Value (10 Years)218,959 JPY/sq.m70 %
Residual Value (20 Years)153,006 JPY/sq.m49 %
Residual Value (20 Years)116,013 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 Ikoma 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 Ikoma 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-Shi 緑ケ丘Ikoma-Shi Ikoma 16.0 min walk)
30.8 years old , Area: 165 sq.m , Total floor area: 100 sq.m , Structure: 軽量鉄骨造
- Trading date: 2014-12-01T00:00:00Z

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

2. Nara Ikoma-Shi 辻町Ikoma-Shi Ikoma 15.0 min walk)
33.5 years old , Area: 140 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2016-09-01T00:00:00Z

Trading price:   8,000,000 JPY,    Unit price:   72,727 JPY/sq.m

3. Nara Ikoma-Shi 桜ケ丘Ikoma-Shi Ikoma 13.0 min walk)
30.0 years old , Area: 130 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2011-03-01T00:00:00Z

Trading price:   15,000,000 JPY,    Unit price:   150,000 JPY/sq.m

4. Nara Ikoma-Shi 西松ケ丘Ikoma-Shi Ikoma 17.0 min walk)
34.5 years old , Area: 160 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2010-09-01T00:00:00Z

Trading price:   3,700,000 JPY,    Unit price:   37,000 JPY/sq.m

5. Nara Ikoma-Shi 西松ケ丘Ikoma-Shi Ikoma 13.0 min walk)
35.3 years old , Area: 165 sq.m , Total floor area: 65 sq.m , Structure: 木造
- Trading date: 2007-06-01T00:00:00Z

Trading price:   3,000,000 JPY,    Unit price:   46,153 JPY/sq.m

6. Nara Ikoma-Shi 西旭ケ丘Ikoma-Shi Ikoma 16.0 min walk)
27.3 years old , Area: 160 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2007-06-01T00:00:00Z

Trading price:   18,000,000 JPY,    Unit price:   156,521 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 total floor space more than 200 sq.m, 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

  • An decrease in average age of the building (representing 32.8 years old in 2017 and 27.2 years old in 2018; -16.9%)
  • An decrease in average distance from the station (representing 18.6 min in 2017 and 15.9 min in 2018; -14.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.5% of total transactions in 2017 and 18.8% of total transactions in 2018)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 4.5% of total transactions in 2017 and 6.7% of total transactions in 2018)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 63.6% of total transactions in 2017 and 73.3% of total transactions in 2018)
The table below shows Home dealt in Nara Kintetsu Ikoma Line Ikoma, 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 Ikoma

    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 Seyakitaguchi (133) [Stations]15,000,000120,00025.8 yrs10 min180 sq.m
    Kintetsu Kintetsu Ikoma Line (1,706) [Stations]15,000,000114,28529.3 yrs13 min175 sq.m
    Kintetsu Ikoma Line Motosannjouguchi (64) [Stations]12,000,000110,00029.7 yrs12 min210 sq.m
    Kintetsu Ikoma Line Shigisannshita (80) [Stations]12,500,000104,34728.6 yrs12 min190 sq.m
    Top