Orikasa Land average value

Price 5,389,286 JPY
  (19,074 JPY/sq.m)
- Dist. from Sta. 14.2 min walk
- Property area 284.6 sq.m

The average price of a sq.m Land of Iwate JR Yamada Line Orikasa, in 2017 was 18,235 JPY/sq.m. The market value represents an increase of 500 JPY (+2.8%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands ( The market value represents a decrease of 18 (-94.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 170.0 sq.m (a -45.6% decrease compared to the 312.6 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.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.9 min in 2016 and 7.0 min in 2017; -53.2%)
Data regarding the market value and its changes of Land in Orikasa were calculated using data on the sales of 32 properties provided by the MLIT Japan.

Orikasa Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
織笠2,600,000 JPY49,114 JPY/sq.mOrikasa13 min
織笠6,000,000 JPY60,102 JPY/sq.mOrikasa13 min
織笠6,100,000 JPY63,015 JPY/sq.mOrikasa13 min
織笠5,500,000 JPY58,648 JPY/sq.mOrikasa14 min
織笠6,000,000 JPY50,856 JPY/sq.mOrikasa14 min
織笠5,900,000 JPY59,101 JPY/sq.mOrikasa13 min
織笠3,800,000 JPY59,818 JPY/sq.mOrikasa13 min
織笠6,100,000 JPY59,309 JPY/sq.mOrikasa14 min
織笠6,000,000 JPY60,102 JPY/sq.mOrikasa13 min
織笠4,100,000 JPY61,607 JPY/sq.mOrikasa14 min
飯岡4,000,000 JPY75,560 JPY/sq.mOrikasa13 min
飯岡7,100,000 JPY71,124 JPY/sq.mOrikasa13 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:
{{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 Orikasa 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 Orikasa 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 Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 13.0 min walk)
, Area: 330 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   6,000,000 JPY,    Unit price:   18,181 JPY/sq.m
2. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 13.0 min walk)
, Area: 320 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   6,100,000 JPY,    Unit price:   19,062 JPY/sq.m
3. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 14.0 min walk)
, Area: 310 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   5,500,000 JPY,    Unit price:   17,741 JPY/sq.m
4. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 13.0 min walk)
, Area: 330 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   5,900,000 JPY,    Unit price:   17,878 JPY/sq.m
5. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 14.0 min walk)
, Area: 340 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   6,100,000 JPY,    Unit price:   17,941 JPY/sq.m
6. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 13.0 min walk)
, Area: 330 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   6,000,000 JPY,    Unit price:   18,181 JPY/sq.m
7. Iwate Shimohei-Gun Yamada-Machi 飯岡Shimohei-Gun Orikasa 13.0 min walk)
, Area: 330 sq.m
- Trading date: 2018-03-01T00:00:00Z
Trading price:   7,100,000 JPY,    Unit price:   21,515 JPY/sq.m
8. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 15.0 min walk)
, Area: 340 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   6,200,000 JPY,    Unit price:   18,235 JPY/sq.m
9. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 15.0 min walk)
, Area: 320 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   5,300,000 JPY,    Unit price:   16,562 JPY/sq.m
10. Iwate Shimohei-Gun Yamada-Machi 飯岡Shimohei-Gun Orikasa 12.0 min walk)
, Area: 240 sq.m
- Trading date: 2018-03-01T00:00:00Z
Trading price:   5,400,000 JPY,    Unit price:   22,500 JPY/sq.m
11. Iwate Shimohei-Gun Yamada-Machi 飯岡Shimohei-Gun Orikasa 12.0 min walk)
, Area: 270 sq.m
- Trading date: 2018-03-01T00:00:00Z
Trading price:   6,200,000 JPY,    Unit price:   22,962 JPY/sq.m
12. Iwate Shimohei-Gun Yamada-Machi 飯岡Shimohei-Gun Orikasa 12.0 min walk)
, Area: 260 sq.m
- Trading date: 2018-03-01T00:00:00Z
Trading price:   6,200,000 JPY,    Unit price:   23,846 JPY/sq.m
13. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 16.0 min walk)
, Area: 320 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   6,400,000 JPY,    Unit price:   20,000 JPY/sq.m
14. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 16.0 min walk)
, Area: 240 sq.m
- Trading date: 2016-06-01T00:00:00Z
Trading price:   4,400,000 JPY,    Unit price:   18,333 JPY/sq.m
15. Iwate Shimohei-Gun Yamada-Machi 織笠Shimohei-Gun Orikasa 16.0 min walk)
, Area: 340 sq.m
- Trading date: 2016-09-01T00:00:00Z
Trading price:   6,100,000 JPY,    Unit price:   17,941 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.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.9 min in 2016 and 7.0 min in 2017; -53.2%)
The table below shows Land dealt in Iwate JR Yamada Line Orikasa, 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 Orikasa

    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 Yamada Line Ootsuchi (45) [Stations]5,300,00018,260 yrs21 min310 sq.m
    JR Yamada Line Senntoku (138) [Stations]7,200,00021,111 yrs20 min330 sq.m
    JR Yamada Line Toyomane (22) [Stations]5,200,00015,151 yrs11 min285 sq.m
    JR Yamada Line Iwatefunakoshi (50) [Stations]3,900,00012,875 yrs15 min310 sq.m
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