Kintetsu Tawaramoto Line Home market overview

The average price of a sq.m Home of Kintetsu Tawaramoto Line (Oowada to Kuroda), in Apr, 2014 to Jun, 2014 was 117,917 JPY/sq.m. The market value represents a decrease of 20,818 JPY (-15.0%) compared to 1 year ago and a transition to a weak market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.3 years old (a +21.2% increase compared to the 24.1 years old of last year.). The average size of the real estate was 210.0 sq.m (a -34.4% decrease compared to the 320.0 sq.m of last year.). The average total floor space of the real estate was 127.5 sq.m (a -5.1% decrease compared to the 134.3 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.

1 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Oowada station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Oowada station, where prices have increased +27.7% compared to last year; a sq.m unit now costs 178,947 JPY/sq.m.

The top 1 stations has seen prices increase +27.7% (+38,788 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -53.8% (-107,693 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 85.7% of total transactions in 2013 and 50.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 24.1 years old in 2013 and 29.3 years old in 2014; +21.2%)

Breakdown of each segment

The table below shows Home dealt in Kintetsu Tawaramoto Line, 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

Home stations market overview

The average price of a sq.m Home of Oowada, the highest market value along this railway was 178,947 JPY/sq.m. The market value represents an increase of 38,788 JPY (+27.7%) compared to 1 year ago and a transition to a dramatic 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 a sq.m Home of Hashio, the lowest market value along this railway was 92,307 JPY/sq.m. The market value represents a decrease of 107,693 JPY (-53.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Kintetsu Tawaramoto Line (Stations Home market overview)
Kintetsu Tawaramoto LineThis year(2014)1 year ago2 years ago
Oowada178,947 JPY (40.3Y/210.0sq.m)140,159 JPY (26.7Y/213.3sq.m)150,000 JPY (31.3Y/210.0sq.m)
Samitagawa100,206 JPY (29.8Y/175.0sq.m)116,359 JPY (33.3Y/440.0sq.m)147,000 JPY (31.8Y/205.0sq.m)
Ikebe--208,000 JPY (0.3Y/240.0sq.m)
Hashio92,307 JPY (17.3Y/280.0sq.m)200,000 JPY (0.3Y/230.0sq.m)231,746 JPY (0.3Y/200.0sq.m)
Tajima-117,948 JPY (22.3Y/490.0sq.m)160,000 JPY (2.3Y/135.0sq.m)
Kuroda---
*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.
Top

Noteworthy stations

Oowada178,947 JPY/sq.m (+28% compared with the previous year)

The average price of a sq.m Home of Oowada was 178,947 JPY/sq.m. The market value represents an increase of 38,788 JPY (+27.7%) compared to 1 year ago and a transition to a dramatic 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 40.3 years old (a +51.1% increase compared to the 26.7 years old of last year.). The average size of the real estate was 210.0 sq.m (a -1.6% decrease compared to the 213.3 sq.m of last year.). The average total floor space of the real estate was 95.0 sq.m (a -26.0% decrease compared to the 128.3 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 19.0 min in 2013 and 17.0 min in 2014; -10.5%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 26.7 years old in 2013 and 40.3 years old in 2014; +51.1%)

Hashio92,307 JPY/sq.m (-54% compared with the previous year)

The average price of a sq.m Home of Hashio was 92,307 JPY/sq.m. The market value represents a decrease of 107,693 JPY (-53.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 17.3 years old (a +6748.9% increase compared to the 0.3 years old of last year.). The average size of the real estate was 280.0 sq.m (a +21.7% increase compared to the 230.0 sq.m of last year.). The average total floor space of the real estate was 195.0 sq.m (a +95.0% increase compared to the 100.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 0.3 years old in 2013 and 17.3 years old in 2014; +6748.9%)

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)