Sokei Land average value
Price 8,595,000 JPY
- Dist. from Sta. 22.4 min walk
- Property area 362.1 sq.m
The average price of a sq.m Land of Iwate JR Yamada Line Sokei, in 2014 was 35,093 JPY/sq.m. The market value represents an increase of 3,387 JPY (+10.7%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents a decrease of 8 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 386.2 sq.m (a +20.9% increase compared to the 319.6 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.
Causes of price decreases
- An increase in average distance from the station (representing 25.2 min in 2013 and 28.2 min in 2014; +11.9%)
Sokei Land transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|八木沢||8,300,000 JPY||109,752 JPY/sq.m||Sokei||26 min|
|八木沢||8,400,000 JPY||111,074 JPY/sq.m||Sokei||26 min|
|八木沢||6,300,000 JPY||104,132 JPY/sq.m||Sokei||27 min|
|八木沢||6,600,000 JPY||80,807 JPY/sq.m||Sokei||28 min|
|八木沢||4,700,000 JPY||86,317 JPY/sq.m||Sokei||28 min|
|藤の川||6,000,000 JPY||86,235 JPY/sq.m||Sokei||24 min|