Kanagawa Hakone Tozan Railway Line Land market overview [Show ]

The average price of a sq.m Land of Kanagawa Hakone Tozan Railway Hakone Tozan Railway Line, in 2017 was 72,273 JPY/sq.m. The market value represents a decrease of 2,208 JPY (-3.0%) compared to 1 year ago and a transition to a slight market. 16 properties exchanged hands ( The market value represents a decrease of 5 (-23.8%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 380.6 sq.m (a -20.9% decrease compared to the 481.0 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

  • An decrease in average distance from the station (representing 30.0 min in 2016 and 25.9 min in 2017; -13.7%)

The highest Land market value is Odawara at 103,448 JPY/sq.m. On the other hand, those with the lowest market value is Kowakidani at 8,459 JPY/sq.m.

Data regarding the market value and its changes of Land in Hakone Tozan Railway Line were calculated using data on the sales of 668 properties provided by the MLIT Japan.

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Market value

StationsAverage Trading PriceAverage Unit Price
Odawara [Utilization ]20,337,692 JPY121,282 JPY/sq.m
Hakoneitabashi [Utilization ]23,510,606 JPY101,737 JPY/sq.m
Kazamatsuri [Utilization ]14,575,000 JPY68,303 JPY/sq.m
IRiuda [Utilization ]18,941,667 JPY67,841 JPY/sq.m
Hakoneyumoto [Utilization ]18,990,909 JPY49,122 JPY/sq.m
Kowakidani25,915,790 JPY32,542 JPY/sq.m
Goura8,460,000 JPY11,898 JPY/sq.m