Tokyu Setagaya Line Home average value

Price 131,090,452 JPY
  (670,669 JPY/sq.m)
- Age 19.4 years old
- Dist. from Sta. 6.5 min walk
- Property area 129.8 sq.m
- Total floor area 175.3 sq.m

The average price of a sq.m Home of Tokyo Tokyu Tokyu Setagaya Line, in 2017 was 644,802 JPY/sq.m. The market value represents a decrease of 78,658 JPY (-10.9%) compared to 1 year ago and a transition to a weak market. 41 properties exchanged hands ( The market value represents a decrease of 24 (-36.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 16.7 years old (a -12.8% decrease compared to the 19.2 years old of last year.). The average size of the real estate was 102.7 sq.m (a -19.2% decrease compared to the 127.2 sq.m of last year.). The average total floor space of the real estate was 141.3 sq.m (a -24.7% decrease compared to the 187.5 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, as well as a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m.

Cause of price increases

  • An decrease in average age of the building (representing 19.2 years old in 2016 and 16.7 years old in 2017; -12.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 32.3% of total transactions in 2016 and 51.2% of total transactions in 2017)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 34.4% of total transactions in 2016 and 48.7% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 23.0% of total transactions in 2016 and 28.2% of total transactions in 2017)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 7.7% of total transactions in 2016 and 4.9% of total transactions in 2017)
Data regarding the market value and its changes of Home in Tokyu Setagaya Line were calculated using data on the sales of 903 properties provided by the MLIT Japan.

Tokyu Setagaya Line Home market value list

StationsAverage Trading PriceAverage Unit Price
Sanngenndyaya139,559,322 JPY677,707 JPY/sq.m
Nishitaishidou65,950,000 JPY632,945 JPY/sq.m
Wakabayashi114,285,714 JPY690,936 JPY/sq.m
Shouinnjinnjamae149,142,857 JPY592,764 JPY/sq.m
Setagaya85,706,897 JPY683,377 JPY/sq.m
Kamimachi87,047,619 JPY602,146 JPY/sq.m
Miyanosaka91,090,909 JPY622,398 JPY/sq.m
Matsubara101,153,846 JPY740,171 JPY/sq.m
Shimotakaido231,958,333 JPY675,309 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 New788,977 JPY/sq.m100 %
Residual Value (10 Years)637,746 JPY/sq.m81 %
Residual Value (20 Years)558,071 JPY/sq.m71 %
Residual Value (20 Years)549,953 JPY/sq.m70 %
Color:
Unit:   Touch:



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

Home value Age transition

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 Tokyu Setagaya 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 Setagaya Line 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

Past Home sales data, with similarly entered ages, area, and distances from station are as follows.

1. Tokyo Setagaya-Ku 赤堤Setagaya-Ku Matsubara 6.0 min walk)
17.8 years old , Area: 80 sq.m , Total floor area: 90 sq.m , Structure: 木造
- Trading date: 2016-12-01T00:00:00Z

Trading price:   65,000,000 JPY,    Unit price:   722,222 JPY/sq.m

2. Tokyo Setagaya-Ku 桜Setagaya-Ku Kamimachi 5.0 min walk)
14.3 years old , Area: 105 sq.m , Total floor area: 160 sq.m , Structure: 木造
- Trading date: 2008-06-01T00:00:00Z

Trading price:   90,000,000 JPY,    Unit price:   562,500 JPY/sq.m

3. Tokyo Setagaya-Ku 弦巻Setagaya-Ku Kamimachi 7.0 min walk)
14.0 years old , Area: 100 sq.m , Total floor area: 85 sq.m , Structure: 木造
- Trading date: 2006-03-01T00:00:00Z

Trading price:   51,000,000 JPY,    Unit price:   600,000 JPY/sq.m

4. Tokyo Setagaya-Ku 世田谷Setagaya-Ku Setagaya 5.0 min walk)
13.8 years old , Area: 80 sq.m , Total floor area: 85 sq.m , Structure: 木造
- Trading date: 2005-12-01T00:00:00Z

Trading price:   45,000,000 JPY,    Unit price:   529,411 JPY/sq.m

5. Tokyo Setagaya-Ku 太子堂Setagaya-Ku Sanngenndyaya 7.0 min walk)
13.5 years old , Area: 95 sq.m , Total floor area: 100 sq.m , Structure: 鉄骨造
- Trading date: 2007-09-01T00:00:00Z

Trading price:   70,000,000 JPY,    Unit price:   700,000 JPY/sq.m

6. Tokyo Suginami-Ku 永福Suginami-Ku Shimotakaido 7.0 min walk)
13.3 years old , Area: 75 sq.m , Total floor area: 105 sq.m , Structure: 木造
- Trading date: 2014-06-01T00:00:00Z

Trading price:   56,000,000 JPY,    Unit price:   533,333 JPY/sq.m

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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:   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 locations relatively near to the station less than six minutes by foot from the station, as well as a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m.

Cause of price increases

  • An decrease in average age of the building (representing 19.2 years old in 2016 and 16.7 years old in 2017; -12.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 32.3% of total transactions in 2016 and 51.2% of total transactions in 2017)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 34.4% of total transactions in 2016 and 48.7% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 23.0% of total transactions in 2016 and 28.2% of total transactions in 2017)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 7.7% of total transactions in 2016 and 4.9% of total transactions in 2017)
The table below shows Home dealt in Tokyo Tokyu Tokyu Setagaya 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 Setagaya 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 Meguro Line Fudoumae (114) [Stations]73,000,000650,00016.0 yrs7 min122 sq.m
    Tokyu Meguro Line Sennzoku (91) [Stations]76,000,000694,73619.9 yrs6 min105 sq.m
    Tokyu Ikegami Line Ishikawadai (161) [Stations]68,000,000644,04715.8 yrs7 min110 sq.m
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