Miyako Land average value

Price 8,541,780 JPY
  (26,044 JPY/sq.m)
- Dist. from Sta. 55.8 min walk
- Property area 364.7 sq.m

The average price of a sq.m Land of Iwate JR Yamada Line Miyako, in 2017 was 28,648 JPY/sq.m. The market value represents an increase of 2,252 JPY (+8.5%) compared to 1 year ago and a transition to a strong market. 12 properties exchanged hands ( The market value represents a decrease of 31 (-72.1%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 320.0 sq.m (a -24.1% decrease compared to the 421.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was an increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Data regarding the market value and its changes of Land in Miyako were calculated using data on the sales of 307 properties provided by the MLIT Japan.

Miyako Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
黒森町8,000,000 JPY110,192 JPY/sq.mMiyako30 min
中里団地3,100,000 JPY55,392 JPY/sq.mMiyako30 min
佐原1,700,000 JPY32,112 JPY/sq.mMiyako30 min
宮園1,100,000 JPY40,403 JPY/sq.mMiyako30 min
太田3,400,000 JPY38,757 JPY/sq.mMiyako30 min
佐原6,500,000 JPY97,669 JPY/sq.mMiyako30 min
崎鍬ケ崎6,000,000 JPY18,030 JPY/sq.mMiyako30 min
崎鍬ケ崎5,800,000 JPY42,605 JPY/sq.mMiyako30 min
佐原4,000,000 JPY66,116 JPY/sq.mMiyako30 min
佐原5,000,000 JPY94,450 JPY/sq.mMiyako30 min
佐原6,700,000 JPY100,674 JPY/sq.mMiyako30 min
佐原6,000,000 JPY30,050 JPY/sq.mMiyako30 min
山口4,100,000 JPY64,539 JPY/sq.mMiyako30 min
八木沢6,000,000 JPY94,450 JPY/sq.mMiyako30 min
崎鍬ケ崎6,700,000 JPY88,595 JPY/sq.mMiyako30 min
崎鍬ケ崎8,500,000 JPY100,354 JPY/sq.mMiyako30 min
佐原5,300,000 JPY60,413 JPY/sq.mMiyako30 min
佐原10,000,000 JPY64,817 JPY/sq.mMiyako30 min
佐原7,000,000 JPY79,792 JPY/sq.mMiyako30 min
佐原4,700,000 JPY110,979 JPY/sq.mMiyako30 min

JR Yamada Line Railway market report

2017. Jan - Dec
 68 tradings
2016. Jan - Dec
 327 tradings
2015. Jan - Dec
 264 tradings
2014. Jan - Dec
 217 tradings
4Q
19
3Q
24
2Q
2
1Q
23
4Q
87
3Q
65
2Q
110
1Q
65
4Q
52
3Q
72
2Q
62
1Q
78
4Q
50
3Q
59
2Q
43
1Q
65

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 Miyako 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 Iwate JR Yamada Line Miyako 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

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

Related sales({{similarlist.length}})

1. Iwate Miyako-Shi 黒森町Miyako-Shi Miyako 30.0 min walk)
, Area: 240 sq.m
- Trading date: 2007-12-01T00:00:00Z
Trading price:   8,000,000 JPY,    Unit price:   33,333 JPY/sq.m
2. Iwate Miyako-Shi 佐原Miyako-Shi Miyako 30.0 min walk)
, Area: 220 sq.m
- Trading date: 2009-06-01T00:00:00Z
Trading price:   6,500,000 JPY,    Unit price:   29,545 JPY/sq.m
3. Iwate Miyako-Shi 佐原Miyako-Shi Miyako 30.0 min walk)
, Area: 220 sq.m
- Trading date: 2011-06-01T00:00:00Z
Trading price:   6,700,000 JPY,    Unit price:   30,454 JPY/sq.m
4. Iwate Miyako-Shi 崎鍬ケ崎Miyako-Shi Miyako 30.0 min walk)
, Area: 250 sq.m
- Trading date: 2012-06-01T00:00:00Z
Trading price:   6,700,000 JPY,    Unit price:   26,800 JPY/sq.m
5. Iwate Miyako-Shi 熊野町Miyako-Shi Miyako 30.0 min walk)
, Area: 250 sq.m
- Trading date: 2013-03-01T00:00:00Z
Trading price:   6,300,000 JPY,    Unit price:   25,200 JPY/sq.m
6. Iwate Miyako-Shi 崎鍬ケ崎Miyako-Shi Miyako 30.0 min walk)
, Area: 230 sq.m
- Trading date: 2013-03-01T00:00:00Z
Trading price:   8,400,000 JPY,    Unit price:   36,521 JPY/sq.m
7. Iwate Miyako-Shi 日の出町Miyako-Shi Miyako 30.0 min walk)
, Area: 220 sq.m
- Trading date: 2014-12-01T00:00:00Z
Trading price:   3,000,000 JPY,    Unit price:   13,636 JPY/sq.m
8. Iwate Miyako-Shi 河南Miyako-Shi Miyako 30.0 min walk)
, Area: 260 sq.m
- Trading date: 2015-06-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   46,153 JPY/sq.m
9. Iwate Miyako-Shi 神林Miyako-Shi Miyako 30.0 min walk)
, Area: 230 sq.m
- Trading date: 2015-06-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   56,521 JPY/sq.m
10. Iwate Miyako-Shi 近内Miyako-Shi Miyako 30.0 min walk)
, Area: 230 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   52,173 JPY/sq.m
11. Iwate Miyako-Shi 山口Miyako-Shi Miyako 29.0 min walk)
, Area: 260 sq.m
- Trading date: 2015-09-01T00:00:00Z
Trading price:   7,200,000 JPY,    Unit price:   27,692 JPY/sq.m
12. Iwate Miyako-Shi 鍬ケ崎上町Miyako-Shi Miyako 28.0 min walk)
, Area: 250 sq.m
- Trading date: 2013-12-01T00:00:00Z
Trading price:   9,400,000 JPY,    Unit price:   37,600 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

One distinguishing feature of recent real-estate transactions was an increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

The table below shows Land dealt in Iwate JR Yamada Line Miyako, 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 Miyako

    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 Yamada Line (2,596) [Stations]6,000,00024,000 yrs30 min250 sq.m
    JR Yamada Line Sokei (40) [Stations]7,350,00031,583 yrs26 min225 sq.m
    JR Yamada Line Rikuchuuyamada (100) [Stations]4,500,00020,000 yrs23 min240 sq.m
    JR Yamada Line Tsugaruishi (54) [Stations]4,000,00012,791 yrs24 min310 sq.m
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