Tokyu Meguro Line Home average value

Price 195,942,857 JPY
  (764,102 JPY/sq.m)
- Age 20.3 years old
- Dist. from Sta. 8.0 min walk
- Property area 158.7 sq.m
- Total floor area 232.6 sq.m

The average price of a sq.m Home of Tokyo Tokyu Tokyu Meguro Line, in 2018 was 865,413 JPY/sq.m. The market value represents an increase of 126,141 JPY (+17.1%) compared to 1 year ago and a transition to a bull market. 52 properties exchanged hands ( The market value represents an increase of 19 (+57.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.0 years old (a -6.6% decrease compared to the 22.5 years old of last year.). The average size of the real estate was 206.5 sq.m (a +23.4% increase compared to the 167.4 sq.m of last year.). The average total floor space of the real estate was 305.8 sq.m (a +0.9% increase compared to the 303.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 41.4% of total transactions in 2017 and 28.6% of total transactions in 2018)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 17.2% of total transactions in 2017 and 20.4% of total transactions in 2018)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 27.3% of total transactions in 2017 and 13.7% of total transactions in 2018)
Data regarding the market value and its changes of Home in Tokyu Meguro Line were calculated using data on the sales of 1,203 properties provided by the MLIT Japan.

Tokyu Meguro Line Home market value list

StationsAverage Trading PriceAverage Unit Price
Meguro451,578,947 JPY925,099 JPY/sq.m
Fudoumae257,104,348 JPY612,043 JPY/sq.m
Musashikoyama134,823,529 JPY670,405 JPY/sq.m
Nishikoyama87,468,571 JPY676,061 JPY/sq.m
Sennzoku113,142,857 JPY650,218 JPY/sq.m
Oookayama94,781,250 JPY738,200 JPY/sq.m
Okusawa149,549,020 JPY714,769 JPY/sq.m
Dennennchoufu136,828,571 JPY892,800 JPY/sq.m
Tamagawa147,060,000 JPY829,797 JPY/sq.m

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 New878,557 JPY/sq.m100 %
Residual Value (10 Years)752,345 JPY/sq.m86 %
Residual Value (20 Years)675,989 JPY/sq.m77 %
Residual Value (20 Years)649,489 JPY/sq.m74 %
Color:
Unit:   Touch:



Home value Age transition. Market values in terms of Age.

Home value Age transition

Property Details:
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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 Tokyu Meguro Line 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 Tokyu Meguro Line 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.

1. Tokyo Meguro-Ku 大岡山Meguro-Ku Oookayama 8.0 min walk)
18.0 years old , Area: 85 sq.m , Total floor area: 100 sq.m , Structure: 木造
- Trading date: 2009-03-01T00:00:00Z

Trading price:   50,000,000 JPY,    Unit price:   500,000 JPY/sq.m

2. Tokyo Shinagawa-Ku 荏原Shinagawa-Ku Musashikoyama 7.0 min walk)
19.0 years old , Area: 100 sq.m , Total floor area: 135 sq.m , Structure: 木造
- Trading date: 2010-03-01T00:00:00Z

Trading price:   78,000,000 JPY,    Unit price:   577,777 JPY/sq.m

3. Tokyo Meguro-Ku 目黒本町Meguro-Ku Musashikoyama 8.0 min walk)
16.8 years old , Area: 100 sq.m , Total floor area: 155 sq.m , Structure: 木造
- Trading date: 2009-12-01T00:00:00Z

Trading price:   73,000,000 JPY,    Unit price:   470,967 JPY/sq.m

4. Tokyo Setagaya-Ku 東玉川Setagaya-Ku Okusawa 8.0 min walk)
16.0 years old , Area: 110 sq.m , Total floor area: 110 sq.m , Structure: 木造
- Trading date: 2013-03-01T00:00:00Z

Trading price:   65,000,000 JPY,    Unit price:   590,909 JPY/sq.m

5. Tokyo Shinagawa-Ku 荏原Shinagawa-Ku Nishikoyama 9.0 min walk)
20.5 years old , Area: 85 sq.m , Total floor area: 170 sq.m , Structure: RC
- Trading date: 2013-09-01T00:00:00Z

Trading price:   70,000,000 JPY,    Unit price:   411,764 JPY/sq.m

6. Tokyo Meguro-Ku 大岡山Meguro-Ku Oookayama 7.0 min walk)
20.5 years old , Area: 105 sq.m , Total floor area: 115 sq.m , Structure: 木造
- Trading date: 2013-09-01T00:00:00Z

Trading price:   47,000,000 JPY,    Unit price:   408,695 JPY/sq.m

7. Tokyo Meguro-Ku 目黒本町Meguro-Ku Musashikoyama 7.0 min walk)
15.8 years old , Area: 105 sq.m , Total floor area: 95 sq.m , Structure: 木造
- Trading date: 2010-12-01T00:00:00Z

Trading price:   55,000,000 JPY,    Unit price:   578,947 JPY/sq.m

8. Tokyo Shinagawa-Ku 荏原Shinagawa-Ku Musashikoyama 9.0 min walk)
21.0 years old , Area: 105 sq.m , Total floor area: 185 sq.m , Structure: 鉄骨造
- Trading date: 2014-03-01T00:00:00Z

Trading price:   48,000,000 JPY,    Unit price:   259,459 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:



Home market value trends Market value trends for Home.

Home market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 41.4% of total transactions in 2017 and 28.6% of total transactions in 2018)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 17.2% of total transactions in 2017 and 20.4% of total transactions in 2018)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 27.3% of total transactions in 2017 and 13.7% of total transactions in 2018)
The table below shows Home dealt in Tokyo Tokyu Tokyu Meguro Line, 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 Tokyu Meguro Line

    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
    Tokyu Oimachi Line Midorigaoka (85) [Stations]100,000,000756,75615.0 yrs5 min155 sq.m
    Toyoko Line Gakugeidaigaku (294) [Stations]98,000,000775,00017.1 yrs10 min110 sq.m
    Toyoko Line Toritsudaigaku (292) [Stations]100,000,000750,00018.0 yrs9 min125 sq.m
    Tokyu Toyoko Line (1,518) [Stations]120,000,000796,55120.9 yrs9 min120 sq.m
    Tokyu Meguro Line Dennennchoufu (153) [Stations]100,000,000730,76914.3 yrs9 min155 sq.m
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