Sugao Home average value

Price 7,816,667 JPY
  (62,344 JPY/sq.m)
- Age 26.5 years old
- Dist. from Sta. 40.7 min walk
- Property area 571.9 sq.m
- Total floor area 162.8 sq.m

The average price of a sq.m Home of Oita JR Hōhi Main Line Sugao, in 2017 was 57,894 JPY/sq.m. The market value represents an increase of 29,632 JPY (+104.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 28.7 years old (a +2.8% increase compared to the 27.9 years old of last year.). The average size of the real estate was 1300.0 sq.m (a +1.2% increase compared to the 1285.0 sq.m of last year.). The average total floor space of the real estate was 380.0 sq.m (a -10.1% decrease compared to the 422.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large total floor space more than 200 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 74.5 min in 2016 and 29.0 min in 2017; -61.1%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
Data regarding the market value and its changes of Home in Sugao were calculated using data on the sales of 18 properties provided by the MLIT Japan.

Sugao Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
三重町菅生22,000,000 JPY191,385 JPY/sq.mSugao29 min
三重町小坂7,800,000 JPY245,570 JPY/sq.mSugao30 min
三重町菅生7,000,000 JPY32,592 JPY/sq.mSugao29 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
Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

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 New202,834 JPY/sq.m100 %
Residual Value (10 Years)129,020 JPY/sq.m64 %
Residual Value (20 Years)79,478 JPY/sq.m39 %
Residual Value (20 Years)54,207 JPY/sq.m27 %
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 Sugao 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 Sugao 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.

Related sales({{similarlist.length}})

1. Oita Bungoono-Shi 三重町菅生Bungoono-Shi Sugao 29.0 min walk)
28.7 years old , Area: 1300 sq.m , Total floor area: 380 sq.m , Structure: 鉄骨造
- Trading date: 2017-09-01T00:00:00Z
Trading price:   22,000,000 JPY,    Unit price:   57,894 JPY/sq.m
2. Oita Bungoono-Shi 三重町小坂Bungoono-Shi Sugao 30.0 min walk)
31.8 years old , Area: 430 sq.m , Total floor area: 105 sq.m , Structure: 鉄骨造、木造
- Trading date: 2013-12-01T00:00:00Z
Trading price:   7,800,000 JPY,    Unit price:   74,285 JPY/sq.m
3. Oita Bungoono-Shi 三重町菅生Bungoono-Shi Sugao 29.0 min walk)
23.5 years old , Area: 2000 sq.m , Total floor area: 710 sq.m , Structure: 鉄骨造
- Trading date: 2016-09-01T00:00:00Z
Trading price:   7,000,000 JPY,    Unit price:   9,859 JPY/sq.m
4. Oita Bungoono-Shi 三重町小坂Bungoono-Shi Sugao 30.0 min walk)
19.5 years old , Area: 300 sq.m , Total floor area: 220 sq.m , Structure: 軽量鉄骨造
- Trading date: 2015-09-01T00:00:00Z
Trading price:   17,000,000 JPY,    Unit price:   77,272 JPY/sq.m
5. Oita Bungoono-Shi 犬飼町大寒Bungoono-Shi Sugao 30.0 min walk)
40.0 years old , Area: 660 sq.m , Total floor area: 120 sq.m , Structure: 木造
- Trading date: 2012-03-01T00:00:00Z
Trading price:   6,700,000 JPY,    Unit price:   55,833 JPY/sq.m
6. Oita Bungoono-Shi 三重町菅生Bungoono-Shi Sugao 16.0 min walk)
31.5 years old , Area: 310 sq.m , Total floor area: 90 sq.m , Structure: 木造
- Trading date: 2009-09-01T00:00:00Z
Trading price:   1,000,000 JPY,    Unit price:   11,111 JPY/sq.m
7. Oita Bungoono-Shi 三重町小坂Bungoono-Shi Sugao 30.0 min walk)
16.8 years old , Area: 260 sq.m , Total floor area: 25 sq.m , Structure: 木造
- Trading date: 2013-12-01T00:00:00Z
Trading price:   4,000,000 JPY,    Unit price:   160,000 JPY/sq.m
8. Oita Bungoono-Shi 三重町小坂Bungoono-Shi Sugao 30.0 min walk)
16.5 years old , Area: 360 sq.m , Total floor area: 130 sq.m , Structure: 木造
- Trading date: 2015-09-01T00:00:00Z
Trading price:   8,800,000 JPY,    Unit price:   67,692 JPY/sq.m
9. Oita Bungoono-Shi 三重町小坂Bungoono-Shi Sugao 30.0 min walk)
15.5 years old , Area: 160 sq.m , Total floor area: 75 sq.m , Structure: 木造
- Trading date: 2010-09-01T00:00:00Z
Trading price:   7,800,000 JPY,    Unit price:   104,000 JPY/sq.m
10. Oita Bungoono-Shi 三重町菅生Bungoono-Shi Sugao 8.0 min walk)
29.0 years old , Area: 470 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2011-03-01T00:00:00Z
Trading price:   5,000,000 JPY,    Unit price:   43,478 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 very large total floor space more than 200 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 74.5 min in 2016 and 29.0 min in 2017; -61.1%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% 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 Sugao, 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 Sugao

    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 Takenaka (28) [Stations]8,800,00076,25017.8 yrs30 min250 sq.m
    JR Hōhi Main Line Miemachi (85) [Stations]3,000,00041,04138.9 yrs18 min330 sq.m
    JR Hōhi Main Line Bunngotaketa (60) [Stations]3,600,00035,00031.3 yrs20 min280 sq.m
    JR Hōhi Main Line Ogata (6) [Stations]2,500,00025,33329.8 yrs23 min720 sq.m
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