Minamiikoma Home average value

Price 23,433,028 JPY
  (215,733 JPY/sq.m)
- Age 11.8 years old
- Dist. from Sta. 10.9 min walk
- Property area 180.9 sq.m
- Total floor area 111.7 sq.m

The average price of a sq.m Home of Nara Kintetsu Ikoma Line Minamiikoma, in 2017 was 226,304 JPY/sq.m. The market value represents an increase of 90,801 JPY (+67.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 7.4 years old (a -73.6% decrease compared to the 28.0 years old of last year.). The average size of the real estate was 165.0 sq.m (a +37.5% increase compared to the 120.0 sq.m of last year.). The average total floor space of the real estate was 107.5 sq.m (a +11.7% increase compared to the 96.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving nearly new buildings under 3 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 28.0 years old in 2016 and 7.4 years old in 2017; -73.6%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 25.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.8 min in 2016 and 12.5 min in 2017; +61.3%)
Data regarding the market value and its changes of Home in Minamiikoma were calculated using data on the sales of 109 properties provided by the MLIT Japan.

Minamiikoma Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
萩原町24,000,000 JPY793,388 JPY/sq.mMinamiikoma14 min
小瀬町26,000,000 JPY859,504 JPY/sq.mMinamiikoma11 min
小瀬町25,000,000 JPY751,312 JPY/sq.mMinamiikoma11 min
小平尾町7,800,000 JPY286,499 JPY/sq.mMinamiikoma14 min
萩の台26,000,000 JPY904,740 JPY/sq.mMinamiikoma13 min
小瀬町16,000,000 JPY587,693 JPY/sq.mMinamiikoma9 min
壱分町27,000,000 JPY850,056 JPY/sq.mMinamiikoma9 min
小瀬町36,000,000 JPY1,133,412 JPY/sq.mMinamiikoma12 min
小平尾町23,000,000 JPY844,810 JPY/sq.mMinamiikoma13 min
小平尾町23,000,000 JPY844,810 JPY/sq.mMinamiikoma13 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 New283,591 JPY/sq.m100 %
Residual Value (10 Years)199,445 JPY/sq.m70 %
Residual Value (20 Years)151,805 JPY/sq.m54 %
Residual Value (20 Years)140,673 JPY/sq.m50 %
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 Minamiikoma 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 Minamiikoma 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. Nara Ikoma-Shi 萩原町Ikoma-Shi Minamiikoma 14.0 min walk)
4.8 years old , Area: 220 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2010-12-01T00:00:00Z

Trading price:   24,000,000 JPY,    Unit price:   240,000 JPY/sq.m

2. Nara Ikoma-Shi 小瀬町Ikoma-Shi Minamiikoma 11.0 min walk)
1.5 years old , Area: 165 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2011-09-01T00:00:00Z

Trading price:   26,000,000 JPY,    Unit price:   260,000 JPY/sq.m

3. Nara Ikoma-Shi 小瀬町Ikoma-Shi Minamiikoma 11.0 min walk)
1.3 years old , Area: 185 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2013-06-01T00:00:00Z

Trading price:   25,000,000 JPY,    Unit price:   227,272 JPY/sq.m

4. Nara Ikoma-Shi 小平尾町Ikoma-Shi Minamiikoma 14.0 min walk)
8.3 years old , Area: 120 sq.m , Total floor area: 90 sq.m , Structure: 木造
- Trading date: 2011-06-01T00:00:00Z

Trading price:   7,800,000 JPY,    Unit price:   86,666 JPY/sq.m

5. Nara Ikoma-Shi 萩の台Ikoma-Shi Minamiikoma 13.0 min walk)
0.8 years old , Area: 165 sq.m , Total floor area: 95 sq.m , Structure: 木造
- Trading date: 2009-12-01T00:00:00Z

Trading price:   26,000,000 JPY,    Unit price:   273,684 JPY/sq.m

6. Nara Ikoma-Shi 小瀬町Ikoma-Shi Minamiikoma 9.0 min walk)
8.8 years old , Area: 145 sq.m , Total floor area: 90 sq.m , Structure: 木造
- Trading date: 2012-12-01T00:00:00Z

Trading price:   16,000,000 JPY,    Unit price:   177,777 JPY/sq.m

7. Nara Ikoma-Shi 壱分町Ikoma-Shi Minamiikoma 9.0 min walk)
0.8 years old , Area: 145 sq.m , Total floor area: 105 sq.m , Structure: 木造
- Trading date: 2013-12-01T00:00:00Z

Trading price:   27,000,000 JPY,    Unit price:   257,142 JPY/sq.m

8. Nara Ikoma-Shi 小瀬町Ikoma-Shi Minamiikoma 12.0 min walk)
0.5 years old , Area: 250 sq.m , Total floor area: 105 sq.m , Structure: 木造
- Trading date: 2007-09-01T00:00:00Z

Trading price:   36,000,000 JPY,    Unit price:   342,857 JPY/sq.m

9. Nara Ikoma-Shi 小平尾町Ikoma-Shi Minamiikoma 13.0 min walk)
0.5 years old , Area: 105 sq.m , Total floor area: 90 sq.m , Structure: 木造
- Trading date: 2008-09-01T00:00:00Z

Trading price:   23,000,000 JPY,    Unit price:   255,555 JPY/sq.m

10. Nara Ikoma-Shi 小平尾町Ikoma-Shi Minamiikoma 13.0 min walk)
0.5 years old , Area: 105 sq.m , Total floor area: 90 sq.m , Structure: 木造
- Trading date: 2008-09-01T00:00:00Z

Trading price:   23,000,000 JPY,    Unit price:   255,555 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 nearly new buildings under 3 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 28.0 years old in 2016 and 7.4 years old in 2017; -73.6%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 25.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.8 min in 2016 and 12.5 min in 2017; +61.3%)
The table below shows Home dealt in Nara Kintetsu Ikoma Line Minamiikoma, 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 Minamiikoma

    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 Ichibu (86) [Stations]9,400,00099,44424.5 yrs9 min142 sq.m
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