Sougo Land average value
Price 5,202,000 JPY
- Dist. from Sta. 13.3 min walk
- Property area 442.2 sq.m
The average price of a sq.m Land of Okayama JR Akō Line Sougo, in 2017 was 11,576 JPY/sq.m. The market value represents an increase of 1,313 JPY (+12.8%) compared to 1 year ago and a transition to a bull market. 3 properties exchanged hands (It was the same as last year.).
The average size of the real estate was 423.3 sq.m (a -11.8% decrease compared to the 480.0 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.
Cause of price increases
- A dramatic decrease in average distance from the station (representing 16.3 min in 2016 and 11.7 min in 2017; -28.6%)
Sougo Land transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|日生町寒河||2,000,000 JPY||37,779 JPY/sq.m||Sougo||13 min|
|日生町寒河||2,000,000 JPY||33,058 JPY/sq.m||Sougo||13 min|
|日生町寒河||4,700,000 JPY||97,107 JPY/sq.m||Sougo||14 min|