Tosa Kuroshio Railway Sukumo Line railway market report

Tosa Kuroshio Railway Sukumo Line Home market overview

The average price of Tosa Kuroshio Railway Sukumo Line (Sukumo to Nakamura) Home, in Oct, 2020 to Dec, 2020 was 88,516 JPY/sq.m. The market value represents an increase of 44,849 JPY (+102.7%) compared to 1 year ago and a transition to a dramatic market. 20 properties exchanged hands ( The market value represents an increase of 6 (+42.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 39.0 years old (a -8.4% decrease compared to the 42.6 years old of last year.). The average size of the real estate was 249.0 sq.m (a -15.8% decrease compared to the 295.7 sq.m of last year.). The average total floor space of the real estate was 133.2 sq.m (a +19.1% increase compared to the 111.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

2 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Nakamura station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Nakamura station, where prices have increased +32.5% compared to last year; a sq.m unit now costs 67,809 JPY/sq.m.

The top 1 stations has seen prices increase +32.5% (+16,640 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -24.8% (-7,538 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 64.2 min in 2019 and 40.0 min in 2020; -37.6%)
  • An decrease in transactions involving older buildings over 40 years old (representing 63.6% of total transactions in 2019 and 55.6% of total transactions in 2020)

Causes of price decreases

  • A some increase in transactions involving relatively old buildings under 40 years old (representing 36.4% of total transactions in 2019 and 38.9% of total transactions in 2020)

Home stations market overview

The average price of Gudou Home, the highest market value along this railway was 93,500 JPY/sq.m. The market value represents an increase of 4,026 JPY (+4.5%) compared to 1 year ago and a transition to a some market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Sukumo Home, the lowest market value along this railway was 22,857 JPY/sq.m. The market value represents a decrease of 7,538 JPY (-24.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

Tosa Kuroshio Railway Sukumo Line (Stations Home market overview)
Tosa Kuroshio Railway Sukumo LineThis year(2020)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Sukumo22,857 JPYsq.m
(29.775342465753425260sq.m)
30,394 JPYsq.m
(42.78219178082192236sq.m)
122,684 JPYsq.m
(37.44474885844749140sq.m)
Higashisukumo235,621 JPYsq.m
(19.768493150684932390sq.m)
--
Hirata-12,222 JPYsq.m
(47.78356164383562840sq.m)
-
Kougyoudannchi---
Arioka-31,007 JPYsq.m
(42.28082191780822320sq.m)
-
Kunimi---
Gudou93,500 JPYsq.m
(34.52739726027397125sq.m)
89,474 JPYsq.m
(23.767123287671232240sq.m)
-
Nakamura67,809 JPYsq.m
(44.96662515566625240sq.m)
51,169 JPYsq.m
(45.382465753424654246sq.m)
21,182 JPYsq.m
(28.7726027397260380.0sq.m)

*Average unit prices per sq.m of Home 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

Nakamura67,809 JPY/sq.m (+33% compared with the previous year)

The average price of Nakamura Home was 67,809 JPY/sq.m. The market value represents an increase of 16,640 JPY (+32.5%) compared to 1 year ago and a transition to a dramatic market. 12 properties exchanged hands ( The market value represents an increase of 6 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 45.0 years old (a -0.9% decrease compared to the 45.4 years old of last year.). The average size of the real estate was 240.0 sq.m (a -2.4% decrease compared to the 245.8 sq.m of last year.). The average total floor space of the real estate was 138.8 sq.m (a +26.1% increase compared to the 110.0 sq.m of last year.).

Cause of price increases

  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 20.0% of total transactions in 2019 and 18.2% of total transactions in 2020)

Causes of price decreases

  • A slight increase in transactions involving older buildings over 40 years old (representing 80.0% of total transactions in 2019 and 81.8% of total transactions in 2020)

Sukumo22,857 JPY/sq.m (-25% compared with the previous year)

The average price of Sukumo Home was 22,857 JPY/sq.m. The market value represents a decrease of 7,538 JPY (-24.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.8 years old (a -30.4% decrease compared to the 42.8 years old of last year.). The average size of the real estate was 260.0 sq.m (a +10.1% increase compared to the 236.2 sq.m of last year.). The average total floor space of the real estate was 175.0 sq.m (a +79.5% increase compared to the 97.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 42.8 years old in 2019 and 29.8 years old in 2020; -30.4%)
  • A dramatic decrease in average distance from the station (representing 120.0 min in 2019 and 30.0 min in 2020; -75.0%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2019 and 100.0% of total transactions in 2020)

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)

Safety and Security of Utinokati

Ministry of Land, Infrastructure, Transport and Tourism. Utinokati provides market information based on the latest real estate transaction data collected by the transaction information provision system of the Land Appraisal Committee of the MLIT, Japan.
high-quality real estate price information Utinokati strives to provide high-quality real estate price information while paying attention to the protection of personal information so that everyone can trade real estate with peace of mind.
reliability of information Utinokati is making various efforts to improve the reliability of information and to allow users to check the land market with peace of mind.

About publication in the media

Utinokati is the nation's largest free web service for real estate price quotes for various areas and stations around the country. Real estate price information in Utinokati is calculated based on the latest comprehensive land information system data from the Ministry of Land, Infrastructure, Transport and Tourism.

The purpose of this web service is to make real estate market prices more accessible and widely used not only for buying, selling, and leasing real estate, but also for inheritance and transfer. We actively provide a variety of real estate information that can be used in various articles in newspapers, magazines, web media, and other media. Please feel free to inquire about the contents of real estate information that we can provide and the conditions under which we can provide it through the Inquiry Form.

Corporate Profile

Company Name Utinokati
Utinokati Real estate media providing price quotes and price trends for condominiums, homes, land and rental properties in 250,000 locations nationwide, along more than 20,000 train lines and stations, as well as rent quotes and rent trends.
Totinokati Real estate media providing public land prices, roadside land prices (inheritance tax assessed values), and property tax assessed values for 10,000 areas and station areas nationwide, based on the Ministry of Land, Infrastructure, Transport and Tourism's public notice of land prices.
Location Kudanminami 1-5-6, Chiyoda-ku, Tokyo, Japan
Foundation November, 2014
Mission Our mission is to use past real estate transaction data to visualize real estate pricing across Japan and offer that information to users in a convenient fashion.
contact form