Makishi Land average value

Price 46,608,621 JPY
  (169,232 JPY/sq.m)
- Dist. from Sta. 8.9 min walk
- Property area 272.8 sq.m

The average price of a sq.m Land of Okinawa Monorail Makishi, in 2017 was 200,000 JPY/sq.m. The market value represents a decrease of 55,882 JPY (-21.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 90.0 sq.m (a -73.5% decrease compared to the 340.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Data regarding the market value and its changes of Land in Makishi were calculated using data on the sales of 58 properties provided by the MLIT Japan.

Makishi Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
壺屋36,000,000 JPY540,945 JPY/sq.mMakishi9 min
字安里62,000,000 JPY525,534 JPY/sq.mMakishi8 min
壺屋11,000,000 JPY484,846 JPY/sq.mMakishi9 min
壺屋7,200,000 JPY366,179 JPY/sq.mMakishi9 min
牧志18,000,000 JPY410,370 JPY/sq.mMakishi8 min
松尾44,000,000 JPY363,636 JPY/sq.mMakishi9 min
字安里9,300,000 JPY279,488 JPY/sq.mMakishi8 min
松尾78,000,000 JPY599,653 JPY/sq.mMakishi9 min

Okinawa Monorail Railway market report

2017. Jan Mar
 2 tradings
2016. Jan Dec
 56 tradings
2015. Jan Sep
 44 tradings
2014. Jan Dec
 51 tradings
2013. Jan Dec
 119 tradings
---1Q
2
-3Q
18
2Q
10
1Q
12
-3Q
15
2Q
5
1Q
24
4Q
1
3Q
22
2Q
21
1Q
7
4Q
14
3Q
30
2Q
27
1Q
48
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 Makishi 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 Okinawa Monorail Makishi 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 Makishi

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 locations relatively far from the station less than twenty minutes by foot from the station.

The table below shows Land dealt in Okinawa Monorail Makishi, 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 Makishi

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
Okinawa Monorail Furujima (56) [Stations]32,000,000164,102 yrs12 min200 sq.m
Okinawa Monorail Miebashi (50) [Stations]35,500,000179,655 yrs8 min200 sq.m
Okinawa Monorail Omoromachi (69) [Stations]36,000,000180,769 yrs9 min210 sq.m
Other Okinawa Monorail (882) [Stations]26,000,000140,000 yrs10 min230 sq.m
Okinawa Monorail Asahibashi (19) [Stations]30,000,000207,034 yrs8 min185 sq.m
Top