Nakahannda Home average value

Price 15,755,172 JPY
  (127,027 JPY/sq.m)
- Age 17.5 years old
- Dist. from Sta. 26.7 min walk
- Property area 352.1 sq.m
- Total floor area 142.9 sq.m

The average price of a sq.m Home of Oita JR Hōhi Main Line Nakahannda, in 2016 was 123,439 JPY/sq.m. The market value represents a decrease of 11,842 JPY (-8.8%) compared to 1 year ago and a transition to a bear market. 5 properties exchanged hands ( The market value represents a decrease of 9 (-64.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 11.8 years old (a -34.5% decrease compared to the 18.0 years old of last year.). The average size of the real estate was 480.0 sq.m (a +33.9% increase compared to the 358.6 sq.m of last year.). The average total floor space of the real estate was 181.0 sq.m (a +30.7% increase compared to the 138.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 18.0 years old in 2015 and 11.8 years old in 2016; -34.5%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 38.5% of total transactions in 2015 and 25.0% of total transactions in 2016)
Data regarding the market value and its changes of Home in Nakahannda were calculated using data on the sales of 111 properties provided by the MLIT Japan.

Nakahannda Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
大字松岡34,000,000 JPY151,884 JPY/sq.mNakahannda30 min
けやき台14,000,000 JPY330,579 JPY/sq.mNakahannda30 min
大字下戸次22,000,000 JPY427,805 JPY/sq.mNakahannda30 min

JR Hōhi Main Line Railway market report

2017. Jan Jun
 13 tradings
2016. Jan Sep
 99 tradings
2015. Jan Dec
 93 tradings
2014. Jan Dec
 49 tradings
2013. Jan Dec
 139 tradings
--2Q
3
--3Q
31
2Q
37
1Q
31
4Q
19
3Q
37
2Q
19
1Q
18
4Q
3
3Q
22
2Q
7
1Q
17
4Q
37
3Q
42
2Q
35
1Q
25
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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 New220,141 JPY/sq.m100 %
Residual Value (10 Years)151,066 JPY/sq.m69 %
Residual Value (20 Years)99,808 JPY/sq.m45 %
Residual Value (20 Years)66,369 JPY/sq.m30 %
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 Nakahannda 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 Oita JR Hōhi Main Line Nakahannda 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 Nakahannda

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 more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 18.0 years old in 2015 and 11.8 years old in 2016; -34.5%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 38.5% of total transactions in 2015 and 25.0% of total transactions in 2016)
The table below shows Home dealt in Oita JR Hōhi Main Line Nakahannda, 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 Nakahannda

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 Takio (85) [Stations]18,000,000149,33327.9 yrs16 min210 sq.m
JR Hōhi Main Line Ooitadaigakumae (60) [Stations]21,500,000176,92311.8 yrs23 min250 sq.m
JR Hōhi Main Line Takenaka (28) [Stations]8,800,00076,25017.8 yrs30 min250 sq.m
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