Kobe Rapid Transit Railway Namboku Line Land average value
Price 56,840,625 JPY
- Dist. from Sta. 5.5 min walk
- Property area 213.1 sq.m
The average price of a sq.m Land of Hyogo Kobe Rapid Transit Railway Namboku Line, in 2017 was 193,182 JPY/sq.m. The market value represents a decrease of 312,312 JPY (-61.8%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 47.5 sq.m (a -94.8% decrease compared to the 910.0 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving locations less than ten minutes by foot from the station.
Cause of price increases
- A dramatic decrease in average distance from the station (representing 9.0 min in 2016 and 5.5 min in 2017; -38.9%)
Kobe Rapid Transit Railway Namboku Line Land market value list
|Stations||Average Trading Price||Average Unit Price|
|Shinnkaichi||56,840,625 JPY||204,189 JPY/sq.m|