Tennnou Land average value

Price 1,438,750 JPY
  (4,945 JPY/sq.m)
- Dist. from Sta. 11.3 min walk
- Property area 385.9 sq.m

The average price of a sq.m Land of Akita JR Oga Line Tennnou, in 2014 was 3,764 JPY/sq.m. The market value represents a decrease of 1,353 JPY (-26.4%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 85.0 sq.m (a -66.4% decrease compared to the 253.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 20.3 min in 2013 and 3.0 min in 2014; -85.2%)
Data regarding the market value and its changes of Land in Tennnou were calculated using data on the sales of 16 properties provided by the MLIT Japan.

Tennnou Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
天王2,800,000 JPY37,025 JPY/sq.mTennnou9 min
天王3,500,000 JPY44,499 JPY/sq.mTennnou9 min
天王50,000 JPY516 JPY/sq.mTennnou9 min

JR Oga Line Railway market report

2017. Jan - Dec
 10 tradings
2016. Jan - Dec
 39 tradings
2015. Jan - Dec
 21 tradings
2014. Jan - Dec
 26 tradings
4Q
1
3Q
8
-1Q
1
4Q
11
3Q
12
-1Q
3
4Q
1
3Q
10
-1Q
10
4Q
1
3Q
15
2Q
1
1Q
9
Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

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.)
Color:
Unit:   Touch:
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 Tennnou 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 Akita JR Oga Line Tennnou Land 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 Land sales data, with similarly entered ages, area, and distances from station are as follows.

Related sales({{similarlist.length}})

1. Akita Katagami-Shi 天王Katagami-Shi Tennnou 9.0 min walk)
, Area: 250 sq.m
- Trading date: 2008-09-01T00:00:00Z
Trading price:   2,800,000 JPY,    Unit price:   11,200 JPY/sq.m
2. Akita Katagami-Shi 天王Katagami-Shi Tennnou 9.0 min walk)
, Area: 260 sq.m
- Trading date: 2010-12-01T00:00:00Z
Trading price:   3,500,000 JPY,    Unit price:   13,461 JPY/sq.m
3. Akita Katagami-Shi 天王Katagami-Shi Tennnou 9.0 min walk)
, Area: 320 sq.m
- Trading date: 2018-03-01T00:00:00Z
Trading price:   50,000 JPY,    Unit price:   156 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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Land market value trends

Market value trends for Land are as follows.

Data:
Unit:   Touch:

Breakdown of each segment

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 20.3 min in 2013 and 3.0 min in 2014; -85.2%)
The table below shows Land dealt in Akita JR Oga Line Tennnou, 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 Tennnou

    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
    JR Oga Line Kamifutada (26) [Stations]2,100,0004,705 yrs13 min475 sq.m
    JR Oga Line Hadachi (21) [Stations]1,500,0005,306 yrs13 min320 sq.m
    JR JR Oga Line (496) [Stations]2,100,0006,363 yrs18 min320 sq.m
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