Ooitadaigakumae Home average value

Price 26,568,852 JPY
  (208,912 JPY/sq.m)
- Age 11.6 years old
- Dist. from Sta. 19.2 min walk
- Property area 265.0 sq.m
- Total floor area 139.7 sq.m

The average price of a sq.m Home of Oita JR Hōhi Main Line Ooitadaigakumae, in 2017 was 127,272 JPY/sq.m. The market value represents a decrease of 63,480 JPY (-33.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 5 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 24.5 years old (a +27.8% increase compared to the 19.2 years old of last year.). The average size of the real estate was 270.0 sq.m (a -21.7% decrease compared to the 345.0 sq.m of last year.). The average total floor space of the real estate was 220.0 sq.m (a +109.5% increase compared to the 105.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was 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

  • A dramatic decrease in average distance from the station (representing 19.7 min in 2016 and 3.0 min in 2017; -84.7%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 16.7% of total transactions in 2016 and 100.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.2 years old in 2016 and 24.5 years old in 2017; +27.8%)
Data regarding the market value and its changes of Home in Ooitadaigakumae were calculated using data on the sales of 61 properties provided by the MLIT Japan.

Ooitadaigakumae Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
高江中央19,000,000 JPY523,415 JPY/sq.mOoitadaigakumae25 min
高江中央25,000,000 JPY413,223 JPY/sq.mOoitadaigakumae25 min
高江中央24,000,000 JPY566,704 JPY/sq.mOoitadaigakumae26 min
高江中央20,000,000 JPY489,745 JPY/sq.mOoitadaigakumae20 min

JR Hōhi Main Line Railway market report

2018 2017. Jan - Jun
 13 tradings
2016. Jan - Sep
 99 tradings
2015. Jan - Dec
 93 tradings
2014. Jan - Dec
 49 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

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 New251,172 JPY/sq.m100 %
Residual Value (10 Years)174,488 JPY/sq.m69 %
Residual Value (20 Years)123,768 JPY/sq.m49 %
Residual Value (20 Years)99,012 JPY/sq.m39 %
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 Ooitadaigakumae 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 Ooitadaigakumae 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 高江中央Oita-Shi Ooitadaigakumae 25.0 min walk)
11.8 years old , Area: 220 sq.m , Total floor area: 120 sq.m , Structure: 木造
- Trading date: 2008-12-01T00:00:00Z
Trading price:   19,000,000 JPY,    Unit price:   158,333 JPY/sq.m
2. Oita Oita-Shi 高江中央Oita-Shi Ooitadaigakumae 25.0 min walk)
13.3 years old , Area: 250 sq.m , Total floor area: 200 sq.m , Structure: 木造
- Trading date: 2008-06-01T00:00:00Z
Trading price:   25,000,000 JPY,    Unit price:   125,000 JPY/sq.m
3. Oita Oita-Shi 高江中央Oita-Shi Ooitadaigakumae 20.0 min walk)
13.5 years old , Area: 230 sq.m , Total floor area: 135 sq.m , Structure: 軽量鉄骨造
- Trading date: 2012-09-01T00:00:00Z
Trading price:   20,000,000 JPY,    Unit price:   148,148 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 locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.7 min in 2016 and 3.0 min in 2017; -84.7%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 16.7% of total transactions in 2016 and 100.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.2 years old in 2016 and 24.5 years old in 2017; +27.8%)
The table below shows Home dealt in Oita JR Hōhi Main Line Ooitadaigakumae, 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 Ooitadaigakumae

    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 Nakahannda (113) [Stations]15,500,000111,11119.1 yrs30 min255 sq.m
    JR Hōhi Main Line Takenaka (28) [Stations]8,800,00076,25017.8 yrs30 min250 sq.m
    JR Hōhi Main Line Sugao (18) [Stations]6,500,00049,99928.7 yrs30 min450 sq.m
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