Bizennkatakami Land average value

Price 8,916,842 JPY
  (16,598 JPY/sq.m)
- Dist. from Sta. 15.8 min walk
- Property area 527.4 sq.m

The average price of a sq.m Land of Okayama JR Akō Line Bizennkatakami, in 2014 was 12,417 JPY/sq.m. The market value represents an increase of 2,140 JPY (+20.8%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 360.0 sq.m (a -50.0% decrease compared to the 720.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving very large size more than 200 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.0 min in 2013 and 6.0 min in 2014; -68.4%)
Data regarding the market value and its changes of Land in Bizennkatakami were calculated using data on the sales of 19 properties provided by the MLIT Japan.

Bizennkatakami Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
東片上5,300,000 JPY35,041 JPY/sq.mBizennkatakami10 min
東片上1,700,000 JPY9,524 JPY/sq.mBizennkatakami10 min
東片上8,400,000 JPY61,706 JPY/sq.mBizennkatakami8 min
東片上9,600,000 JPY88,152 JPY/sq.mBizennkatakami8 min
東片上36,000,000 JPY70,003 JPY/sq.mBizennkatakami12 min
東片上6,400,000 JPY70,522 JPY/sq.mBizennkatakami12 min
東片上4,000,000 JPY48,972 JPY/sq.mBizennkatakami8 min

JR Akō Line Railway market report

2017. Jan Jun
 24 tradings
2016. Jan Sep
 93 tradings
2015. Jan Dec
 93 tradings
2014. Jan Dec
 113 tradings
2013. Jan Dec
 191 tradings
--2Q
8
--3Q
34
2Q
39
1Q
20
4Q
27
3Q
29
2Q
15
1Q
22
4Q
33
3Q
27
2Q
21
1Q
32
4Q
31
3Q
61
2Q
50
1Q
49
Note! Internet Explorer version 8.0 or less and some versions of Firefox are not able to support our website. For those on Windows XP, please use Google Chrome to access our site.
See Supported Browser
Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

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.)
{{(expShow==true) ? 'Close' : 'Show all'}}
Color:

Unit:
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




Top

Calculate Bizennkatakami 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 Okayama JR Akō Line Bizennkatakami 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.

Top

Trading data in Bizennkatakami

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

{{$index+1}}. {{item.place}} {{item.stations[0]}} {{item.station_distance}} min walk)
{{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

Top

Land market value trends

Market value trends for Land are as follows.

Data:

Unit:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving very large size more than 200 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.0 min in 2013 and 6.0 min in 2014; -68.4%)
The table below shows Land dealt in Okayama JR Akō Line Bizennkatakami, 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:

Top

Area close to the price in Bizennkatakami

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 Akō Line Osafune (120) [Stations]4,500,00014,673 yrs24 min330 sq.m
JR Akō Line Oodomi (28) [Stations]7,000,00018,881 yrs16 min245 sq.m
JR Akō Line Innbe (47) [Stations]5,700,00019,204 yrs13 min260 sq.m
JR Akō Line Sougo (25) [Stations]4,000,00012,045 yrs13 min280 sq.m
Top