Nakahannda Home average value

Price 15,606,897 JPY
  (129,055 JPY/sq.m)
- Age 19.3 years old
- Dist. from Sta. 27.6 min walk
- Property area 343.8 sq.m
- Total floor area 138.4 sq.m

The average price of a sq.m Home of Oita JR Hōhi Main Line Nakahannda, in 2017 was 161,538 JPY/sq.m. The market value represents an increase of 47,876 JPY (+42.1%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 6 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 17.0 years old (a -5.7% decrease compared to the 18.1 years old of last year.). The average size of the real estate was 220.0 sq.m (a -47.6% decrease compared to the 420.0 sq.m of last year.). The average total floor space of the real estate was 120.0 sq.m (a -23.8% decrease compared to the 157.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old.

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 28.6% of total transactions in 2016 and 50.0% of total transactions in 2017)
Data regarding the market value and its changes of Home in Nakahannda were calculated using data on the sales of 115 properties provided by the MLIT Japan.

Nakahannda Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
けやき台16,000,000 JPY406,863 JPY/sq.mNakahannda30 min
高江中央18,000,000 JPY517,425 JPY/sq.mNakahannda30 min
大字中戸次11,000,000 JPY290,909 JPY/sq.mNakahannda29 min
大字松岡47,000,000 JPY272,582 JPY/sq.mNakahannda30 min

JR Hōhi Main Line Railway market report

2017. Jan - Dec
 44 tradings
2016. Jan - Dec
 130 tradings
2015. Jan - Dec
 93 tradings
2014. Jan - Dec
 49 tradings
4Q
1
3Q
30
2Q
3
1Q
10
4Q
31
3Q
31
2Q
37
1Q
31
4Q
19
3Q
37
2Q
19
1Q
18
4Q
3
3Q
22
2Q
7
1Q
17

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 New238,007 JPY/sq.m100 %
Residual Value (10 Years)164,446 JPY/sq.m69 %
Residual Value (20 Years)111,469 JPY/sq.m47 %
Residual Value (20 Years)79,076 JPY/sq.m33 %
Color:
Unit:   Touch:
Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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 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.

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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.

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1. Oita Oita-Shi けやき台Oita-Shi Nakahannda 30.0 min walk)
21.5 years old , Area: 230 sq.m , Total floor area: 130 sq.m , Structure: 木造
- Trading date: 2017-09-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   123,076 JPY/sq.m
2. Oita Oita-Shi 高江中央Oita-Shi Nakahannda 30.0 min walk)
22.0 years old , Area: 220 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2018-03-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   156,521 JPY/sq.m
3. Oita Oita-Shi けやき台Oita-Shi Nakahannda 30.0 min walk)
17.3 years old , Area: 250 sq.m , Total floor area: 140 sq.m , Structure: 木造
- Trading date: 2015-06-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   100,000 JPY/sq.m
4. Oita Oita-Shi ひばりケ丘Oita-Shi Nakahannda 25.0 min walk)
19.8 years old , Area: 270 sq.m , Total floor area: 155 sq.m , Structure: 木造
- Trading date: 2013-12-01T00:00:00Z
Trading price:   6,500,000 JPY,    Unit price:   41,935 JPY/sq.m
5. Oita Oita-Shi 大字上判田Oita-Shi Nakahannda 24.0 min walk)
22.3 years old , Area: 290 sq.m , Total floor area: 155 sq.m , Structure: 木造
- Trading date: 2016-06-01T00:00:00Z
Trading price:   22,000,000 JPY,    Unit price:   141,935 JPY/sq.m
6. Oita Oita-Shi ひばりケ丘Oita-Shi Nakahannda 24.0 min walk)
25.5 years old , Area: 300 sq.m , Total floor area: 95 sq.m , Structure: 木造
- Trading date: 2015-09-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   126,315 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:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old.

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 28.6% of total transactions in 2016 and 50.0% of total transactions in 2017)
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 JR Hōhi Main Line (1,103) [Stations]16,000,000120,71430.8 yrs21 min250 sq.m
    JR Hōhi Main Line Ooitadaigakumae (62) [Stations]21,500,000171,42812.0 yrs22 min250 sq.m
    JR Hōhi Main Line Takenaka (29) [Stations]8,300,00075,26717.8 yrs30 min250 sq.m
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