Sangi Railway Line railway market report

Sangi Railway Line Apartment market overview

The average price of Sangi Railway Line (Kinntetsutomida to Kinntetsutomida) Apartment, in Jan, 2019 to Mar, 2019 was 200,000 JPY/sq.m. The market value represents a decrease of 8,532 JPY (-4.1%) compared to 1 year ago and a transition to a some market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.0 years old (a +39.2% increase compared to the 20.8 years old of last year.). The average size of the real estate was 70.0 sq.m (a -6.7% decrease compared to the 75.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.

0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations. Kinntetsutomida station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Kinntetsutomida station, where prices have decreased -4.1% compared to last year; a sq.m unit now costs 200,000 JPY/sq.m.

The top 1 stations has seen prices increase -4.1% (-8,532 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -4.1% (-8,532 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 20.8 years old in 2018 and 29.0 years old in 2019; +39.2%)
  • A dramatic increase in average distance from the station (representing 10.0 min in 2018 and 13.0 min in 2019; +30.0%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2018 and 100.0% of total transactions in 2019)

Apartment stations market overview

The average price of Kinntetsutomida Apartment, the highest market value along this railway was 200,000 JPY/sq.m. The market value represents a decrease of 8,532 JPY (-4.1%) compared to 1 year ago and a transition to a some market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Kinntetsutomida Apartment, the lowest market value along this railway was 200,000 JPY/sq.m. The market value represents a decrease of 8,532 JPY (-4.1%) compared to 1 year ago and a transition to a some market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

Sangi Railway Line (Stations Apartment market overview)
Sangi Railway LineThis year(2019)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsutomida200,000 JPYsq.m
(29.01917808219178270.0sq.m)
208,532 JPYsq.m
(20.84840182648401875.0sq.m)
341,346 JPYsq.m
(7.50821917808219272.5sq.m)

*Average unit prices per sq.m of Apartment at each train station were calculated using the Utinokati database of actual market sales prices (based on surveys conducted by the Ministry of Land, Infrastructure, Transport, and Tourism of Japan). Units: JPY (Japanese Yen); parenthesis contain average age in years of building / equivalent measurement of area of real estate.

Noteworthy stations

Kinntetsutomida200,000 JPY/sq.m (-4% compared with the previous year)

The average price of Kinntetsutomida Apartment was 200,000 JPY/sq.m. The market value represents a decrease of 8,532 JPY (-4.1%) compared to 1 year ago and a transition to a some market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.0 years old (a +39.2% increase compared to the 20.8 years old of last year.). The average size of the real estate was 70.0 sq.m (a -6.7% decrease compared to the 75.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 20.8 years old in 2018 and 29.0 years old in 2019; +39.2%)
  • A dramatic increase in average distance from the station (representing 10.0 min in 2018 and 13.0 min in 2019; +30.0%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2018 and 100.0% of total transactions in 2019)

Breakdown of each segment

Station:   Segment:

Utinokati, Outi Research

*If you wish to use or reproduce this data, please enter the URL (https://utinokati.com/en/) where the data will be posted. (As a general rule, prior consent is not required.) Our data is based on Ministry of Land, Infrastructure, Transport, and Tourism of Japan (actual market sales prices)