Bunngotaketa Home average value

Price 7,447,812 JPY
  (41,185 JPY/sq.m)
- Age 30.7 years old
- Dist. from Sta. 48.4 min walk
- Property area 519.4 sq.m
- Total floor area 263.8 sq.m

The average price of a sq.m Home of Oita JR Hōhi Main Line Bunngotaketa, in 2017 was 19,261 JPY/sq.m. The market value represents a decrease of 18,834 JPY (-49.4%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 49.5 years old (a +24.9% increase compared to the 39.7 years old of last year.). The average size of the real estate was 405.0 sq.m (a -60.8% decrease compared to the 1032.5 sq.m of last year.). The average total floor space of the real estate was 222.5 sq.m (a -78.9% decrease compared to the 1052.5 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.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 67.0 min in 2016 and 24.5 min in 2017; -63.4%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 39.7 years old in 2016 and 49.5 years old in 2017; +24.9%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
Data regarding the market value and its changes of Home in Bunngotaketa were calculated using data on the sales of 64 properties provided by the MLIT Japan.

Bunngotaketa Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
大字植木1,500,000 JPY45,078 JPY/sq.mBunngotaketa22 min
大字竹田12,000,000 JPY220,383 JPY/sq.mBunngotaketa26 min
大字飛田川3,300,000 JPY57,415 JPY/sq.mBunngotaketa28 min
大字会々6,800,000 JPY74,929 JPY/sq.mBunngotaketa18 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 New68,259 JPY/sq.m100 %
Residual Value (10 Years)56,709 JPY/sq.m83 %
Residual Value (20 Years)46,437 JPY/sq.m68 %
Residual Value (20 Years)37,443 JPY/sq.m55 %
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 Bunngotaketa 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 Bunngotaketa 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. Oita Taketa-Shi 大字植木Taketa-Shi Bunngotaketa 22.0 min walk)
26.3 years old , Area: 290 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2012-06-01T00:00:00Z

Trading price:   1,500,000 JPY,    Unit price:   13,636 JPY/sq.m

2. Oita Taketa-Shi 大字飛田川Taketa-Shi Bunngotaketa 28.0 min walk)
38.5 years old , Area: 270 sq.m , Total floor area: 190 sq.m , Structure: 木造
- Trading date: 2013-09-01T00:00:00Z

Trading price:   3,300,000 JPY,    Unit price:   17,368 JPY/sq.m

3. Oita Taketa-Shi 大字会々Taketa-Shi Bunngotaketa 14.0 min walk)
38.5 years old , Area: 340 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2012-09-01T00:00:00Z

Trading price:   7,000,000 JPY,    Unit price:   60,869 JPY/sq.m

4. Oita Taketa-Shi 大字会々Taketa-Shi Bunngotaketa 14.0 min walk)
19.0 years old , Area: 250 sq.m , Total floor area: 90 sq.m , Structure: 木造
- Trading date: 2013-03-01T00:00:00Z

Trading price:   12,000,000 JPY,    Unit price:   133,333 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 older buildings over 40 years old.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 67.0 min in 2016 and 24.5 min in 2017; -63.4%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 39.7 years old in 2016 and 49.5 years old in 2017; +24.9%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
The table below shows Home dealt in Oita JR Hōhi Main Line Bunngotaketa, 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 Bunngotaketa

    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
    JR Hōhi Main Line Sugao (18) [Stations]6,500,00049,99928.7 yrs30 min450 sq.m
    JR Hōhi Main Line Ogata (6) [Stations]2,500,00025,33329.8 yrs23 min720 sq.m
    JR Hōhi Main Line Inukai (22) [Stations]2,050,00020,52636.5 yrs75 min450 sq.m
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