Oigawa Railway Land average value

Price 12,733,772 JPY
  (28,450 JPY/sq.m)
- Dist. from Sta. 53.9 min walk
- Property area 443.1 sq.m

The average price of a sq.m Land of Shizuoka Oigawa Railway, in 2017 was 12,718 JPY/sq.m. The market value represents a decrease of 10,960 JPY (-46.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 28 (-87.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 591.2 sq.m (a +12.2% increase compared to the 527.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 56.6 min in 2016 and 105.0 min in 2017; +85.5%)
Data regarding the market value and its changes of Land in Oigawa Railway were calculated using data on the sales of 430 properties provided by the MLIT Japan.

Oigawa Railway Land market value list

StationsAverage Trading PriceAverage Unit Price
Oigawa Railway Ikawa Line3,831,053 JPY8,909 JPY/sq.m
Oigawa Railway Main Line12,733,772 JPY28,450 JPY/sq.m
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 Oigawa Railway 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 Shizuoka Oigawa Railway 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 Oigawa Railway

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 increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 56.6 min in 2016 and 105.0 min in 2017; +85.5%)
The table below shows Land dealt in Shizuoka Oigawa Railway, 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 Oigawa Railway

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
Izu Kyūkō Line Kawadu (59) [Stations]8,600,00027,500 yrs24 min240 sq.m
Oigawa Railway Oigawa Railway Main Line (423) [Stations]7,450,00027,027 yrs30 min250 sq.m
Tenryū Hamanako Railroad Tenryū Hamanako Line Kanasashi (143) [Stations]7,000,00026,928 yrs30 min260 sq.m
Other Tenryū Hamanako Railroad Tenryū Hamanako Line (2,410) [Stations]8,500,00030,000 yrs30 min250 sq.m
Numazu-Shi 足高 (32) [Area]12,500,00027,979 yrs60 min420 sq.m
Fukuroi-Shi 浅羽一色 (7) [Area]8,000,00027,600 yrs60 min380 sq.m
Makinohara-Shi 布引原 (18) [Area]12,500,00026,636 yrs60 min435 sq.m
Top