Saidaiji Land average value

Price 9,878,125 JPY
  (29,495 JPY/sq.m)
- Dist. from Sta. 29.8 min walk
- Property area 420.0 sq.m

The average price of a sq.m Land of Okayama JR Akō Line Saidaiji, in 2017 was 34,631 JPY/sq.m. The market value represents a decrease of 221 JPY (-0.6%) compared to 1 year ago and a transition to a slight market. 2 properties exchanged hands ( The market value represents a decrease of 20 (-90.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 522.5 sq.m (a -10.6% decrease compared to the 584.3 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.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 32.7 min in 2016 and 24.0 min in 2017; -26.6%)
Data regarding the market value and its changes of Land in Saidaiji were calculated using data on the sales of 313 properties provided by the MLIT Japan.

Saidaiji Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
西大寺射越4,100,000 JPY56,473 JPY/sq.mSaidaiji24 min
富崎2,600,000 JPY26,860 JPY/sq.mSaidaiji24 min
西大寺浜2,000,000 JPY73,461 JPY/sq.mSaidaiji23 min
西大寺射越5,700,000 JPY52,340 JPY/sq.mSaidaiji25 min
西大寺中野6,800,000 JPY136,238 JPY/sq.mSaidaiji23 min
西大寺中野8,100,000 JPY157,511 JPY/sq.mSaidaiji25 min
西大寺中野11,000,000 JPY196,559 JPY/sq.mSaidaiji25 min
西大寺浜3,200,000 JPY75,560 JPY/sq.mSaidaiji25 min
西大寺中野13,000,000 JPY214,876 JPY/sq.mSaidaiji23 min
広谷1,800,000 JPY85,005 JPY/sq.mSaidaiji25 min
金岡東町7,300,000 JPY123,752 JPY/sq.mSaidaiji25 min
金岡東町2,000,000 JPY38,889 JPY/sq.mSaidaiji23 min
金岡東町7,000,000 JPY149,293 JPY/sq.mSaidaiji25 min
西大寺中野11,000,000 JPY173,157 JPY/sq.mSaidaiji25 min
西大寺射越1,800,000 JPY59,504 JPY/sq.mSaidaiji26 min
金岡東町7,800,000 JPY122,783 JPY/sq.mSaidaiji26 min
金岡東町8,600,000 JPY153,673 JPY/sq.mSaidaiji26 min
西大寺浜1,800,000 JPY29,752 JPY/sq.mSaidaiji26 min
西大寺射越7,900,000 JPY68,724 JPY/sq.mSaidaiji26 min
西大寺中野7,200,000 JPY153,557 JPY/sq.mSaidaiji26 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

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 Saidaiji 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 Saidaiji 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 Saidaiji

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 dramatic 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 32.7 min in 2016 and 24.0 min in 2017; -26.6%)
The table below shows Land dealt in Okayama JR Akō Line Saidaiji, 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 Saidaiji

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 Akō Line (1,472) [Stations]6,600,00022,069 yrs21 min280 sq.m
JR Akō Line Hinase (51) [Stations]5,000,00020,000 yrs15 min185 sq.m
JR Akō Line Higashiokayama (289) [Stations]8,950,00039,473 yrs18 min225 sq.m
JR Akō Line Innbe (47) [Stations]5,700,00019,204 yrs13 min260 sq.m
Top