Tokyo Metro Chiyoda Line Tokyo 2014-4Q
Home market report

Tokyo Metro Chiyoda Line railway market report

Tokyo Metro Chiyoda Line Home market overview

The average price of a sq.m Home of Tokyo Metro Chiyoda Line (Ayase to Kitaayase), in Oct, 2014 to Dec, 2014 was 465,790 JPY/sq.m. The market value represents a decrease of 5,343 JPY (-1.1%) compared to 1 year ago and a transition to a slight market. 31 properties exchanged hands ( The market value represents a decrease of 33 (-51.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.3 years old (a +26.4% increase compared to the 16.1 years old of last year.). The average size of the real estate was 90.2 sq.m (a -44.7% decrease compared to the 163.0 sq.m of last year.). The average total floor space of the real estate was 118.2 sq.m (a -57.3% decrease compared to the 277.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving relatively old buildings under 40 years old.

3 stations have experienced increased prices; 3 stations have experienced decreased prices. Market value of most stations decreased. Kitasennju station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Kitasennju station, where prices have increased +29.9% compared to last year; a sq.m unit now costs 387,483 JPY/sq.m.

The top 2 stations has seen prices increase +17.0% (+51,423 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -50.3% (-572,909 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 6.2% of total transactions in 2013 and 9.7% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.1 years old in 2013 and 20.3 years old in 2014; +26.4%)
  • An increase in average distance from the station (representing 7.9 min in 2013 and 8.9 min in 2014; +12.4%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 27.9% of total transactions in 2013 and 35.5% of total transactions in 2014)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 11.5% of total transactions in 2013 and 16.1% of total transactions in 2014)

Breakdown of each segment

The table below shows Home dealt in Tokyo Metro Chiyoda 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:

※各年ごとの取引件数の割合が高いセグメントほど赤く表示

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Home stations market overview

The average price of a sq.m Home of Omotesanndou, the highest market value along this railway was 785,714 JPY/sq.m. The market value represents a decrease of 910,456 JPY (-53.7%) 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 Nishinippori, the lowest market value along this railway was 266,666 JPY/sq.m. The market value represents a decrease of 235,362 JPY (-46.9%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

Tokyo Metro Chiyoda Line (Stations Home market overview)
Tokyo Metro Chiyoda LineThis year(2014)1 year ago2 years ago
Ayase365,720 JPY (19.6Y/117.5sq.m)364,482 JPY (9.3Y/169.2sq.m)511,112 JPY (16.8Y/140.0sq.m)
Kitasennju387,483 JPY (23.2Y/61.0sq.m)298,180 JPY (19.2Y/108.1sq.m)425,546 JPY (9.5Y/62.9sq.m)
Machiya-408,516 JPY (10.3Y/81.9sq.m)356,922 JPY (13.8Y/128.8sq.m)
Nishinippori266,666 JPY (42.8Y/35.0sq.m)502,028 JPY (22.8Y/64.0sq.m)450,575 JPY (22.4Y/118.3sq.m)
Senndagi390,234 JPY (40.4Y/58.3sq.m)528,652 JPY (17.4Y/78.1sq.m)501,483 JPY (20.1Y/123.3sq.m)
Nedu1,063,333 JPY (14.8Y/75.0sq.m)-643,478 JPY (0.8Y/80.0sq.m)
Yushima--360,000 JPY (0.0Y/55.0sq.m)
Shinnochanomizu313,513 JPY (28.8Y/50.0sq.m)--
Ootemachi-297,297 JPY (22.8Y/65.0sq.m)-
Hibiya---
Akasaka-560,000 JPY (43.8Y/75.0sq.m)561,518 JPY (28.4Y/210.0sq.m)
Nogizaka-636,363 JPY (16.8Y/140.0sq.m)480,769 JPY (23.9Y/100.0sq.m)
Omotesanndou785,714 JPY (24.8Y/85.0sq.m)1,696,170 JPY (9.1Y/413.3sq.m)508,333 JPY (35.8Y/180.0sq.m)
Kanmonkaikyo Mekari1,897,435 JPY (42.8Y/65.0sq.m)--
Yoyogikouenn-916,666 JPY (26.8Y/145.0sq.m)618,659 JPY (20.3Y/120.0sq.m)
Yoyogiuehara-711,822 JPY (28.1Y/282.5sq.m)680,090 JPY (10.3Y/275.0sq.m)
Kitaayase340,642 JPY (9.8Y/111.4sq.m)327,099 JPY (14.3Y/278.6sq.m)335,832 JPY (8.3Y/210.0sq.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.

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Noteworthy stations

Kitasennju387,483 JPY/sq.m (+30% compared with the previous year)

The average price of a sq.m Home of Kitasennju was 387,483 JPY/sq.m. The market value represents an increase of 89,303 JPY (+29.9%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 3 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 23.2 years old (a +20.7% increase compared to the 19.2 years old of last year.). The average size of the real estate was 61.0 sq.m (a -43.6% decrease compared to the 108.1 sq.m of last year.). The average total floor space of the real estate was 101.0 sq.m (a -72.1% decrease compared to the 362.5 sq.m of last year.).

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 14.3% of total transactions in 2013 and 40.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.2 years old in 2013 and 23.2 years old in 2014; +20.7%)

Kitaayase340,642 JPY/sq.m (+4% compared with the previous year)

The average price of a sq.m Home of Kitaayase was 340,642 JPY/sq.m. The market value represents an increase of 13,543 JPY (+4.1%) compared to 1 year ago and a transition to a some market. 11 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 9.8 years old (a -31.9% decrease compared to the 14.3 years old of last year.). The average size of the real estate was 111.4 sq.m (a -60.0% decrease compared to the 278.6 sq.m of last year.). The average total floor space of the real estate was 127.3 sq.m (a -48.7% decrease compared to the 248.2 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 14.3 years old in 2013 and 9.8 years old in 2014; -31.9%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 45.5% of total transactions in 2013 and 72.7% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 18.2% of total transactions in 2013 and 27.3% of total transactions in 2014)
  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 9.1% of total transactions in 2013 and 9.1% of total transactions in 2014)

Omotesanndou785,714 JPY/sq.m (-54% compared with the previous year)

The average price of a sq.m Home of Omotesanndou was 785,714 JPY/sq.m. The market value represents a decrease of 910,456 JPY (-53.7%) 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 24.8 years old (a +172.4% increase compared to the 9.1 years old of last year.). The average size of the real estate was 85.0 sq.m (a -79.4% decrease compared to the 413.3 sq.m of last year.). The average total floor space of the real estate was 140.0 sq.m (a -89.7% decrease compared to the 1363.3 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 9.1 years old in 2013 and 24.8 years old in 2014; +172.4%)
  • A dramatic increase in average distance from the station (representing 4.3 min in 2013 and 11.0 min in 2014; +153.8%)

Nishinippori266,666 JPY/sq.m (-47% compared with the previous year)

The average price of a sq.m Home of Nishinippori was 266,666 JPY/sq.m. The market value represents a decrease of 235,362 JPY (-46.9%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 42.8 years old (a +87.6% increase compared to the 22.8 years old of last year.). The average size of the real estate was 35.0 sq.m (a -45.3% decrease compared to the 64.0 sq.m of last year.). The average total floor space of the real estate was 60.0 sq.m (a -22.1% decrease compared to the 77.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 7.6 min in 2013 and 2.0 min in 2014; -73.7%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 22.8 years old in 2013 and 42.8 years old in 2014; +87.6%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 25.0% of total transactions in 2013 and 100.0% of total transactions in 2014)

Breakdown of each segment

Station:   Segment:

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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)