Sugao Home average value
Price 6,982,353 JPY
- Age 26.3 years old
- Dist. from Sta. 41.4 min walk
- Property area 529.1 sq.m
- Total floor area 150.0 sq.m
The average price of a sq.m Home of Oita JR Hōhi Main Line Sugao, in 2016 was 28,262 JPY/sq.m. The market value represents a decrease of 44,220 JPY (-61.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).
The average age of the real estate was 27.9 years old (a +54.9% increase compared to the 18.0 years old of last year.). The average size of the real estate was 1285.0 sq.m (a +289.4% increase compared to the 330.0 sq.m of last year.). The average total floor space of the real estate was 422.5 sq.m (a +141.4% increase compared to the 175.0 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.
Causes of price decreases
- A dramatic increase in average age of the building (representing 18.0 years old in 2015 and 27.9 years old in 2016; +54.9%)
- A dramatic increase in average distance from the station (representing 30.0 min in 2015 and 74.5 min in 2016; +148.3%)
Sugao Home transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|三重町菅生||7,000,000 JPY||32,592 JPY/sq.m||Sugao||29 min|
|三重町小坂||7,800,000 JPY||245,570 JPY/sq.m||Sugao||30 min|
|三重町小坂||17,000,000 JPY||255,445 JPY/sq.m||Sugao||30 min|