Yokkaichi Asunarou Railway Utsube Line railway market report

Yokkaichi Asunarou Railway Utsube Line Apartment market overview

The average price of Yokkaichi Asunarou Railway Utsube Line (Akahori to Utsube) Apartment, in Oct, 2017 to Dec, 2017 was 165,000 JPY/sq.m. The market value represents an increase of 75,667 JPY (+84.7%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.8 years old (a -24.2% decrease compared to the 24.8 years old of last year.). The average size of the real estate was 67.5 sq.m (a -10.0% decrease compared to the 75.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving size for a general family households less than 100 sq.m.

0 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value decreased in all stations.

The top 0 stations has seen prices increase +0.0% (+0 JPY/sq.m). On the other hand, The bottom 0 stations has seen prices decrease +0.0% (+0 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 24.8 years old in 2016 and 18.8 years old in 2017; -24.2%)
  • A dramatic decrease in average distance from the station (representing 26.0 min in 2016 and 6.0 min in 2017; -76.9%)

Apartment stations market overview

Yokkaichi Asunarou Railway Utsube Line (Stations Apartment market overview)
Yokkaichi Asunarou Railway Utsube LineThis year(2017)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Akahori---
Hinaga---
Minamihinaga---
Tomari--214,286 JPYsq.m
(11.75890410958904170.0sq.m)
Oiwake165,000 JPYsq.m
(18.76712328767123267.5sq.m)
--
Utsube-89,333 JPYsq.m
(24.7698630136986375.0sq.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.


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)