Ooitadaigakumae Home average value

Price 26,545,000 JPY
  (210,296 JPY/sq.m)
- Age 11.4 years old
- Dist. from Sta. 19.4 min walk
- Property area 264.9 sq.m
- Total floor area 138.3 sq.m

The average price of a sq.m Home of Oita JR Hōhi Main Line Ooitadaigakumae, in 2016 was 190,752 JPY/sq.m. The market value represents an increase of 27,463 JPY (+16.8%) compared to 1 year ago and a transition to a bull market. 6 properties exchanged hands ( The market value represents an increase of 4 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.2 years old (a +12.7% increase compared to the 17.0 years old of last year.). The average size of the real estate was 345.0 sq.m (a +35.3% increase compared to the 255.0 sq.m of last year.). The average total floor space of the real estate was 105.0 sq.m (a -28.8% decrease compared to the 147.5 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.

Causes of price decreases

  • An increase in average age of the building (representing 17.0 years old in 2015 and 19.2 years old in 2016; +12.7%)
  • A dramatic increase in average distance from the station (representing 12.5 min in 2015 and 19.7 min in 2016; +57.3%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2015 and 16.7% of total transactions in 2016)
Data regarding the market value and its changes of Home in Ooitadaigakumae were calculated using data on the sales of 60 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

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.)
{{(expShow==true) ? 'Close' : 'Show all'}}
AgeTrading PriceProportion
Price at New251,363 JPY/sq.m100 %
Residual Value (10 Years)174,039 JPY/sq.m69 %
Residual Value (20 Years)122,951 JPY/sq.m49 %
Residual Value (20 Years)98,099 JPY/sq.m39 %
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 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.

{{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 Ooitadaigakumae

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.

Causes of price decreases

  • An increase in average age of the building (representing 17.0 years old in 2015 and 19.2 years old in 2016; +12.7%)
  • A dramatic increase in average distance from the station (representing 12.5 min in 2015 and 19.7 min in 2016; +57.3%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2015 and 16.7% of total transactions in 2016)
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 (111) [Stations]15,000,000111,11118.3 yrs30 min260 sq.m
JR Hōhi Main Line Takenaka (28) [Stations]8,800,00076,25017.8 yrs30 min250 sq.m
JR Hōhi Main Line Sugao (17) [Stations]6,300,00046,66626.3 yrs30 min430 sq.m
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