Nishikatakami Land average value

Price 4,351,250 JPY
  (17,816 JPY/sq.m)
- Dist. from Sta. 49.8 min walk
- Property area 354.0 sq.m

The average price of a sq.m Land of Okayama JR Akō Line Nishikatakami, in 2016 was 6,382 JPY/sq.m. The market value represents a decrease of 7,166 JPY (-52.9%) 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 397.5 sq.m (a +28.2% increase compared to the 310.0 sq.m of last year.).

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

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2015 and 120.0 min in 2016; +2900.0%)
Data regarding the market value and its changes of Land in Nishikatakami were calculated using data on the sales of 24 properties provided by the MLIT Japan.

Nishikatakami Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
久々井840,000 JPY4,959 JPY/sq.mNishikatakami60 min
久々井870,000 JPY6,536 JPY/sq.mNishikatakami60 min
久々井420,000 JPY4,959 JPY/sq.mNishikatakami60 min
久々井9,000,000 JPY34,595 JPY/sq.mNishikatakami60 min
久々井2,800,000 JPY13,610 JPY/sq.mNishikatakami60 min
穂浪4,100,000 JPY35,666 JPY/sq.mNishikatakami30 min
久々井10,000,000 JPY48,612 JPY/sq.mNishikatakami60 min

JR Akō Line Railway market report

2017. Jan - Dec
 82 tradings
2016. Jan - Dec
 130 tradings
2015. Jan - Dec
 93 tradings
2014. Jan - Dec
 113 tradings
4Q
42
3Q
16
2Q
8
1Q
16
4Q
37
3Q
34
2Q
39
1Q
20
4Q
27
3Q
29
2Q
15
1Q
22
4Q
33
3Q
27
2Q
21
1Q
32

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
{{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 Nishikatakami 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 Nishikatakami Land that meet the above conditions were calculated in the following manner.

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({{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.

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1. Okayama Bizen-Shi 久々井Bizen-Shi Nishikatakami 60.0 min walk)
, Area: 560 sq.m
- Trading date: 2011-09-01T00:00:00Z
Trading price:   840,000 JPY,    Unit price:   1,500 JPY/sq.m
2. Okayama Bizen-Shi 久々井Bizen-Shi Nishikatakami 60.0 min walk)
, Area: 440 sq.m
- Trading date: 2011-09-01T00:00:00Z
Trading price:   870,000 JPY,    Unit price:   1,977 JPY/sq.m
3. Okayama Bizen-Shi 久々井Bizen-Shi Nishikatakami 60.0 min walk)
, Area: 280 sq.m
- Trading date: 2011-09-01T00:00:00Z
Trading price:   420,000 JPY,    Unit price:   1,500 JPY/sq.m
4. Okayama Bizen-Shi 久々井Bizen-Shi Nishikatakami 60.0 min walk)
, Area: 860 sq.m
- Trading date: 2012-09-01T00:00:00Z
Trading price:   9,000,000 JPY,    Unit price:   10,465 JPY/sq.m
5. Okayama Bizen-Shi 久々井Bizen-Shi Nishikatakami 60.0 min walk)
, Area: 680 sq.m
- Trading date: 2012-09-01T00:00:00Z
Trading price:   2,800,000 JPY,    Unit price:   4,117 JPY/sq.m
6. Okayama Bizen-Shi 穂浪Bizen-Shi Nishikatakami 30.0 min walk)
, Area: 380 sq.m
- Trading date: 2012-12-01T00:00:00Z
Trading price:   4,100,000 JPY,    Unit price:   10,789 JPY/sq.m
7. Okayama Bizen-Shi 久々井Bizen-Shi Nishikatakami 60.0 min walk)
, Area: 680 sq.m
- Trading date: 2007-06-01T00:00:00Z
Trading price:   10,000,000 JPY,    Unit price:   14,705 JPY/sq.m
8. Okayama Bizen-Shi 西片上Bizen-Shi Nishikatakami 14.0 min walk)
, Area: 195 sq.m
- Trading date: 2011-12-01T00:00:00Z
Trading price:   2,700,000 JPY,    Unit price:   13,846 JPY/sq.m
9. Okayama Bizen-Shi 浦伊部Bizen-Shi Nishikatakami 13.0 min walk)
, Area: 230 sq.m
- Trading date: 2008-09-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   47,826 JPY/sq.m
10. Okayama Bizen-Shi 西片上Bizen-Shi Nishikatakami 11.0 min walk)
, Area: 200 sq.m
- Trading date: 2007-06-01T00:00:00Z
Trading price:   6,100,000 JPY,    Unit price:   30,500 JPY/sq.m
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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 decrease in transactions involving very large size more than 200 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2015 and 120.0 min in 2016; +2900.0%)
The table below shows Land dealt in Okayama JR Akō Line Nishikatakami, 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 Nishikatakami

    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 Oodomi (29) [Stations]7,000,00016,551 yrs16 min250 sq.m
    JR Akō Line Innbe (51) [Stations]6,000,00020,000 yrs13 min270 sq.m
    JR Akō Line Osafune (126) [Stations]4,700,00015,227 yrs24 min320 sq.m
    JR Akō Line Bizennkatakami (19) [Stations]6,400,00014,814 yrs10 min360 sq.m
    JR Akō Line Hinase (59) [Stations]5,400,00023,076 yrs14 min195 sq.m
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