Wakimoto Land average value

Price 2,097,414 JPY
  (5,758 JPY/sq.m)
- Dist. from Sta. 33.2 min walk
- Property area 464.6 sq.m

The average price of a sq.m Land of Akita JR Oga Line Wakimoto, in 2017 was 300 JPY/sq.m. The market value represents a decrease of 2,335 JPY (-88.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 100.0 sq.m (a -84.1% decrease compared to the 627.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.0 min in 2016 and 120.0 min in 2017; +605.9%)
Data regarding the market value and its changes of Land in Wakimoto were calculated using data on the sales of 58 properties provided by the MLIT Japan.

Wakimoto Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
脇本浦田280,000 JPY2,102 JPY/sq.mWakimoto20 min
脇本脇本700,000 JPY4,205 JPY/sq.mWakimoto20 min
脇本浦田1,600,000 JPY- JPY/sq.mWakimoto19 min
脇本脇本1,000,000 JPY28,744 JPY/sq.mWakimoto19 min
脇本浦田1,200,000 JPY3,306 JPY/sq.mWakimoto19 min
脇本田谷沢2,500,000 JPY10,202 JPY/sq.mWakimoto19 min
脇本脇本680,000 JPY4,995 JPY/sq.mWakimoto19 min
脇本脇本1,300,000 JPY47,749 JPY/sq.mWakimoto18 min
脇本脇本7,000,000 JPY- JPY/sq.mWakimoto18 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

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 Wakimoto 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 Wakimoto 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.

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1. Akita Oga-Shi 脇本脇本Oga-Shi Wakimoto 16.0 min walk)
, Area: 290 sq.m
- Trading date: 2016-12-01T00:00:00Z
Trading price:   870,000 JPY,    Unit price:   3,000 JPY/sq.m
2. Akita Oga-Shi 脇本脇本Oga-Shi Wakimoto 16.0 min walk)
, Area: 230 sq.m
- Trading date: 2016-12-01T00:00:00Z
Trading price:   690,000 JPY,    Unit price:   3,000 JPY/sq.m
3. Akita Oga-Shi 脇本脇本Oga-Shi Wakimoto 15.0 min walk)
, Area: 270 sq.m
- Trading date: 2008-09-01T00:00:00Z
Trading price:   5,000,000 JPY,    Unit price:   18,518 JPY/sq.m
4. Akita Oga-Shi 脇本脇本Oga-Shi Wakimoto 25.0 min walk)
, Area: 260 sq.m
- Trading date: 2012-06-01T00:00:00Z
Trading price:   1,100,000 JPY,    Unit price:   4,230 JPY/sq.m
5. Akita Oga-Shi 脇本浦田Oga-Shi Wakimoto 26.0 min walk)
, Area: 250 sq.m
- Trading date: 2009-12-01T00:00:00Z
Trading price:   700,000 JPY,    Unit price:   2,800 JPY/sq.m
6. Akita Oga-Shi 脇本脇本Oga-Shi Wakimoto 14.0 min walk)
, Area: 330 sq.m
- Trading date: 2013-06-01T00:00:00Z
Trading price:   3,400,000 JPY,    Unit price:   10,303 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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Land market value trends

Market value trends for Land are as follows.

Data:
Unit:   Touch:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.0 min in 2016 and 120.0 min in 2017; +605.9%)
The table below shows Land dealt in Akita JR Oga Line Wakimoto, 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 Wakimoto

    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 JR Oga Line (496) [Stations]2,100,0006,363 yrs18 min320 sq.m
    JR Oga Line Kamifutada (26) [Stations]2,100,0004,705 yrs13 min475 sq.m
    JR Oga Line Detohama (62) [Stations]1,600,0004,545 yrs19 min325 sq.m
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