Ube-Shi Land average value

Price 11,196,115 JPY
  (23,323 JPY/sq.m)
- Dist. from Sta. 21.6 min walk
- Property area 531.1 sq.m

The average price of a sq.m Land of Yamaguchi Ube-Shi, in 2017 was 36,279 JPY/sq.m. The market value represents an increase of 12,816 JPY (+54.6%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 115 (-94.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 607.9 sq.m (a +7.2% increase compared to the 567.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 22.1 min in 2016 and 15.7 min in 2017; -28.9%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 0.8% of total transactions in 2016 and 14.3% of total transactions in 2017)
Data regarding the market value and its changes of Land in Ube-Shi were calculated using data on the sales of 1,538 properties provided by the MLIT Japan.

Ube-Shi Land market value list

AreaAverage Trading PriceAverage Unit Price
大字西岐波7,500,000 JPY15,396 JPY/sq.m
大字小串6,255,000 JPY28,892 JPY/sq.m
大字東須恵8,033,333 JPY25,155 JPY/sq.m
大字東岐波5,809,634 JPY15,227 JPY/sq.m
草江7,761,346 JPY27,774 JPY/sq.m
大字際波9,730,882 JPY24,224 JPY/sq.m
あすとぴあ25,008,163 JPY21,292 JPY/sq.m
大字妻崎開作21,585,000 JPY25,240 JPY/sq.m
大字吉見3,192,903 JPY6,246 JPY/sq.m
大字船木5,361,071 JPY12,439 JPY/sq.m
中村10,270,370 JPY29,497 JPY/sq.m
大字沖宇部10,492,308 JPY29,109 JPY/sq.m
則貞7,000,000 JPY22,434 JPY/sq.m
床波8,546,154 JPY23,257 JPY/sq.m
東梶返14,134,783 JPY24,588 JPY/sq.m
恩田町12,745,454 JPY40,304 JPY/sq.m
大字中野開作8,136,364 JPY31,824 JPY/sq.m
7,286,364 JPY18,761 JPY/sq.m
中央町13,661,905 JPY42,845 JPY/sq.m
上条10,740,000 JPY38,046 JPY/sq.m
大字上宇部6,926,316 JPY22,225 JPY/sq.m
西宇部南12,478,947 JPY30,009 JPY/sq.m
大字善和15,005,882 JPY8,112 JPY/sq.m
西梶返21,762,500 JPY38,890 JPY/sq.m
大字東吉部1,341,875 JPY6,484 JPY/sq.m
野中11,018,750 JPY24,586 JPY/sq.m
亀浦9,060,000 JPY21,992 JPY/sq.m
明神町36,913,333 JPY26,058 JPY/sq.m
笹山町7,166,667 JPY27,094 JPY/sq.m
大字川上7,176,429 JPY21,449 JPY/sq.m
大字山中142,228,571 JPY5,578 JPY/sq.m
松山町10,607,143 JPY39,853 JPY/sq.m
昭和町6,000,000 JPY29,016 JPY/sq.m
大字沖ノ旦20,407,143 JPY20,532 JPY/sq.m
岬町6,425,000 JPY23,943 JPY/sq.m
神原町49,875,000 JPY44,894 JPY/sq.m
東琴芝16,408,333 JPY37,036 JPY/sq.m
幸町4,854,546 JPY22,076 JPY/sq.m
野原9,381,818 JPY47,778 JPY/sq.m
厚南中央12,081,818 JPY27,152 JPY/sq.m
大字中宇部8,236,364 JPY25,765 JPY/sq.m
東平原9,054,546 JPY28,380 JPY/sq.m
今村北5,696,000 JPY15,263 JPY/sq.m
大字中山10,104,000 JPY12,649 JPY/sq.m
居能町4,820,000 JPY18,143 JPY/sq.m
西中町5,149,000 JPY22,616 JPY/sq.m
新町28,322,222 JPY40,862 JPY/sq.m
6,344,444 JPY29,511 JPY/sq.m
西本町34,674,444 JPY31,666 JPY/sq.m
14,011,111 JPY53,017 JPY/sq.m
北条6,366,667 JPY25,683 JPY/sq.m
浜田4,187,500 JPY15,905 JPY/sq.m
厚南北19,300,000 JPY34,400 JPY/sq.m
岩鼻町4,947,500 JPY18,359 JPY/sq.m
寿町43,875,000 JPY56,298 JPY/sq.m
明治町7,475,000 JPY29,636 JPY/sq.m
末広町8,875,000 JPY33,933 JPY/sq.m
大小路9,800,000 JPY26,180 JPY/sq.m
西宇部北4,390,000 JPY16,148 JPY/sq.m
東芝中町27,428,571 JPY20,056 JPY/sq.m
大字瓜生野1,483,333 JPY10,556 JPY/sq.m
東新川町6,866,667 JPY33,464 JPY/sq.m
東小串19,783,333 JPY57,348 JPY/sq.m
西平原13,133,333 JPY29,566 JPY/sq.m
山門8,333,333 JPY27,537 JPY/sq.m
南浜町28,816,667 JPY35,732 JPY/sq.m
松島町13,620,000 JPY66,787 JPY/sq.m
東小羽山町12,120,000 JPY31,274 JPY/sq.m
今村南8,520,000 JPY23,346 JPY/sq.m
西琴芝10,260,000 JPY40,139 JPY/sq.m
琴芝町32,800,000 JPY55,556 JPY/sq.m
中尾9,800,000 JPY19,289 JPY/sq.m
五十目山町4,974,000 JPY20,172 JPY/sq.m
北琴芝6,820,000 JPY41,747 JPY/sq.m
常盤町48,660,000 JPY85,926 JPY/sq.m
港町26,600,000 JPY24,920 JPY/sq.m
東本町27,000,000 JPY39,236 JPY/sq.m
大字小野16,940,000 JPY7,956 JPY/sq.m
宮地町10,100,000 JPY15,869 JPY/sq.m
西小串20,400,000 JPY61,327 JPY/sq.m
川添7,140,000 JPY23,939 JPY/sq.m
助田町9,725,000 JPY17,335 JPY/sq.m
常盤台5,750,000 JPY21,042 JPY/sq.m
鵜の島町11,850,000 JPY44,856 JPY/sq.m
山の手町3,781,750 JPY16,164 JPY/sq.m
八王子町1,637,500 JPY9,425 JPY/sq.m
大字棚井5,000,000 JPY12,542 JPY/sq.m
南小羽山町14,250,000 JPY23,841 JPY/sq.m
常藤町13,775,000 JPY34,758 JPY/sq.m
大字矢矯2,545,000 JPY6,321 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.)
{{(expShow==true) ? 'Close' : 'Show all'}}
Color:

Unit:
Property Details:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
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 Ube-Shi 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 Yamaguchi Ube-Shi 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 Ube-Shi

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

{{$index+1}}. {{item.place}} {{item.stations[0]}} {{item.station_distance}} min walk)
{{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 locations near to the station less than three minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 22.1 min in 2016 and 15.7 min in 2017; -28.9%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 0.8% of total transactions in 2016 and 14.3% of total transactions in 2017)
The table below shows Land dealt in Yamaguchi Ube-Shi, 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 Ube-Shi

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
Ube-Shi 大字妻崎開作 (46) [Area]8,500,00021,818 yrs20 min475 sq.m
Yamaguchi-Shi 平井 (68) [Area]8,550,00020,769 yrs19 min455 sq.m
Ube-Shi 野中 (16) [Area]9,650,00026,250 yrs22 min625 sq.m
JR Ube Line Kusae (91) [Stations]8,700,00025,454 yrs14 min330 sq.m
JR Yamaguchi Line Miyano (107) [Stations]7,000,00020,689 yrs20 min330 sq.m
JR Onoda Line Tsumazaki (68) [Stations]6,350,00018,009 yrs18 min525 sq.m
JR Ube Line Tokonami (179) [Stations]7,600,00017,380 yrs27 min350 sq.m
Nishikigawa Railway Nishikigawa Seiryū Line Yukaba (8) [Stations]3,600,00015,000 yrs14 min325 sq.m
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