Tenryu-Ku Land average value

Price 4,741,107 JPY
  (16,844 JPY/sq.m)
- Dist. from Sta. 30.8 min walk
- Property area 334.0 sq.m

The average price of a sq.m Land of Shizuoka Hamamatsu-Shi Tenryu-Ku, in 2017 was 6,666 JPY/sq.m. The market value represents a decrease of 12,977 JPY (-66.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 21 (-95.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 45.0 sq.m (a -87.5% decrease compared to the 360.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 28.0 min in 2016 and 14.0 min in 2017; -50.1%)
Data regarding the market value and its changes of Land in Tenryu-Ku were calculated using data on the sales of 358 properties provided by the MLIT Japan.

Tenryu-Ku Land market value list

AreaAverage Trading PriceAverage Unit Price
緑恵台1,204,677 JPY4,665 JPY/sq.m
二俣町二俣12,298,413 JPY47,596 JPY/sq.m
山東9,947,759 JPY36,767 JPY/sq.m
二俣町鹿島12,293,235 JPY41,182 JPY/sq.m
二俣町阿蔵18,744,444 JPY45,772 JPY/sq.m
船明10,592,857 JPY21,805 JPY/sq.m
佐久間町浦川1,771,429 JPY6,868 JPY/sq.m
二俣町南鹿島10,275,000 JPY49,856 JPY/sq.m
春野町気田3,997,778 JPY5,381 JPY/sq.m
春野町領家920,000 JPY2,007 JPY/sq.m
春野町宮川2,330,000 JPY9,317 JPY/sq.m
渡ケ島10,216,000 JPY10,870 JPY/sq.m
両島359,600 JPY2,966 JPY/sq.m
水窪町奥領家2,946,750 JPY4,777 JPY/sq.m
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Land value Distance From The Station transition

Market values (unit price: sq.m, m2) in terms of Distance From The Station, is as follow.

The orange line means market values (unit price: sq.m) for Land in terms of Distance From The Station. 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 Distance From The Station is updated.)
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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 Tenryu-Ku Land market value

We can calculate market values for Land 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 Shizuoka Hamamatsu-Shi Tenryu-Ku Land 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 Tenryu-Ku

Past Land 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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Land market value trends

Market value trends for Land are as follows.

Data:

Unit:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 28.0 min in 2016 and 14.0 min in 2017; -50.1%)
The table below shows Land dealt in Shizuoka Hamamatsu-Shi Tenryu-Ku, 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 Tenryu-Ku

The closest areas in terms of Land 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
Tenryu-Ku 船明 (14) [Area]9,600,00019,803 yrs30 min470 sq.m
Kita-Ku 引佐町花平 (4) [Area]5,000,00020,167 yrs30 min285 sq.m
Kita-Ku 三ケ日町大崎 (9) [Area]5,000,00012,631 yrs30 min510 sq.m
Hamakita-Ku 八幡 (18) [Area]1,550,00010,971 yrs30 min142 sq.m
Kita-Ku 三ケ日町都筑 (30) [Area]9,900,00024,037 yrs18 min505 sq.m
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