Tokyo Metro Chiyoda Line Tokyo 2014-FY
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 Jan, 2014 to Dec, 2014 was 531,471 JPY/sq.m. The market value represents an increase of 17,583 JPY (+3.4%) compared to 1 year ago and a transition to a some market. 130 properties exchanged hands ( The market value represents a decrease of 88 (-40.4%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.0 years old (a +10.2% increase compared to the 16.3 years old of last year.). The average size of the real estate was 130.1 sq.m (a -9.8% decrease compared to the 144.2 sq.m of last year.). The average total floor space of the real estate was 212.8 sq.m (a -19.5% decrease compared to the 264.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance, as well as a dramatic increase in transactions involving recently constructed buildings under 6 years old.

8 stations have experienced increased prices; 7 stations have experienced decreased prices. The overall trend was the same as last year. Machiya, Kanmonkaikyo Mekari, Yoyogikouenn, Yoyogiuehara station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Yoyogiuehara station, where prices have increased +95.9% compared to last year; a sq.m unit now costs 1,528,661 JPY/sq.m.

The top 2 stations has seen prices increase +92.1% (+736,746 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -43.7% (-459,892 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 0.9% of total transactions in 2013 and 3.2% of total transactions in 2014)
  • A some increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 9.2% of total transactions in 2013 and 10.0% of total transactions in 2014)

Causes of price decreases

  • An increase in average age of the building (representing 16.3 years old in 2013 and 18.0 years old in 2014; +10.2%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 28.8% of total transactions in 2013 and 33.6% of total transactions in 2014)
  • An decrease in transactions involving nearly new buildings under 3 years old (representing 40.1% of total transactions in 2013 and 35.2% 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

Top

Home stations market overview

The average price of a sq.m Home of Kanmonkaikyo Mekari, the highest market value along this railway was 1,832,438 JPY/sq.m. The market value represents an increase of 578,693 JPY (+46.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Kitaayase, the lowest market value along this railway was 304,662 JPY/sq.m. The market value represents a decrease of 8,839 JPY (-2.8%) compared to 1 year ago and a transition to a slight market. 29 properties exchanged hands (It was the same as last year.).

Tokyo Metro Chiyoda Line (Stations Home market overview)
Tokyo Metro Chiyoda LineThis year(2014)1 year ago2 years ago
Ayase367,656 JPY (18.9Y/183.3sq.m)402,096 JPY (7.9Y/115.5sq.m)473,603 JPY (16.4Y/189.8sq.m)
Kitasennju376,593 JPY (21.1Y/71.6sq.m)355,357 JPY (18.1Y/97.0sq.m)398,949 JPY (11.3Y/86.6sq.m)
Machiya468,495 JPY (14.1Y/124.2sq.m)361,771 JPY (15.3Y/117.2sq.m)388,139 JPY (13.1Y/126.4sq.m)
Nishinippori404,621 JPY (21.1Y/48.8sq.m)485,247 JPY (19.3Y/80.8sq.m)488,245 JPY (19.1Y/75.0sq.m)
Senndagi692,231 JPY (17.5Y/95.0sq.m)592,352 JPY (19.1Y/131.6sq.m)426,883 JPY (26.4Y/175.4sq.m)
Nedu723,030 JPY (14.6Y/71.2sq.m)711,602 JPY (18.2Y/85.0sq.m)571,978 JPY (7.8Y/117.5sq.m)
Yushima323,659 JPY (31.4Y/163.3sq.m)325,186 JPY (38.9Y/183.0sq.m)351,557 JPY (30.5Y/121.0sq.m)
Shinnochanomizu313,513 JPY (28.8Y/50.0sq.m)777,777 JPY (19.0Y/290.0sq.m)-
Ootemachi-297,297 JPY (21.6Y/287.5sq.m)-
Hibiya--789,473 JPY (46.5Y/165.0sq.m)
Akasaka779,661 JPY (40.3Y/95.0sq.m)650,692 JPY (35.9Y/128.3sq.m)566,112 JPY (23.1Y/224.2sq.m)
Nogizaka639,805 JPY (20.3Y/288.6sq.m)718,182 JPY (29.9Y/115.0sq.m)720,776 JPY (14.0Y/200.0sq.m)
Omotesanndou1,193,288 JPY (26.0Y/183.3sq.m)1,648,808 JPY (22.7Y/342.2sq.m)1,121,426 JPY (31.1Y/126.2sq.m)
Kanmonkaikyo Mekari1,832,438 JPY (21.9Y/107.5sq.m)1,253,745 JPY (13.0Y/596.2sq.m)700,980 JPY (23.6Y/165.0sq.m)
Yoyogikouenn1,545,454 JPY (14.0Y/200.0sq.m)820,135 JPY (17.9Y/183.3sq.m)698,046 JPY (14.4Y/134.2sq.m)
Yoyogiuehara1,528,661 JPY (13.6Y/241.0sq.m)780,488 JPY (18.6Y/147.4sq.m)817,013 JPY (14.7Y/174.4sq.m)
Kitaayase304,662 JPY (12.8Y/111.6sq.m)313,501 JPY (12.5Y/161.4sq.m)334,409 JPY (8.2Y/162.8sq.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.

Top

Noteworthy stations

Yoyogiuehara1,528,661 JPY/sq.m (+96% compared with the previous year)

The average price of a sq.m Home of Yoyogiuehara was 1,528,661 JPY/sq.m. The market value represents an increase of 748,173 JPY (+95.9%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 12 (-70.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 13.6 years old (a -27.2% decrease compared to the 18.6 years old of last year.). The average size of the real estate was 241.0 sq.m (a +63.6% increase compared to the 147.4 sq.m of last year.). The average total floor space of the real estate was 137.5 sq.m (a -17.3% decrease compared to the 166.2 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 18.6 years old in 2013 and 13.6 years old in 2014; -27.2%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 25.0% of total transactions in 2013 and 33.3% of total transactions in 2014)

Causes of price decreases

  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 47.1% of total transactions in 2013 and 40.0% of total transactions in 2014)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 31.2% of total transactions in 2013 and 33.3% of total transactions in 2014)

Yoyogikouenn1,545,454 JPY/sq.m (+88% compared with the previous year)

The average price of a sq.m Home of Yoyogikouenn was 1,545,454 JPY/sq.m. The market value represents an increase of 725,319 JPY (+88.4%) 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 14.0 years old (a -21.9% decrease compared to the 17.9 years old of last year.). The average size of the real estate was 200.0 sq.m (a +9.1% increase compared to the 183.3 sq.m of last year.). The average total floor space of the real estate was 220.0 sq.m (a -25.0% decrease compared to the 293.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 17.9 years old in 2013 and 14.0 years old in 2014; -21.9%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.7 min in 2013 and 10.0 min in 2014; +30.4%)

Shinnochanomizu313,513 JPY/sq.m (-60% compared with the previous year)

The average price of a sq.m Home of Shinnochanomizu was 313,513 JPY/sq.m. The market value represents a decrease of 464,264 JPY (-59.7%) 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 28.8 years old (a +51.3% increase compared to the 19.0 years old of last year.). The average size of the real estate was 50.0 sq.m (a -82.8% decrease compared to the 290.0 sq.m of last year.). The average total floor space of the real estate was 185.0 sq.m (a -89.7% decrease compared to the 1800.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.0 years old in 2013 and 28.8 years old in 2014; +51.3%)
  • A slight decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 100.0% of total transactions in 2013 and 100.0% of total transactions in 2014)

Omotesanndou1,193,288 JPY/sq.m (-28% compared with the previous year)

The average price of a sq.m Home of Omotesanndou was 1,193,288 JPY/sq.m. The market value represents a decrease of 455,519 JPY (-27.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 3 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 26.0 years old (a +14.4% increase compared to the 22.7 years old of last year.). The average size of the real estate was 183.3 sq.m (a -46.4% decrease compared to the 342.2 sq.m of last year.). The average total floor space of the real estate was 284.0 sq.m (a -69.6% decrease compared to the 933.9 sq.m of last year.).

Causes of price decreases

  • An increase in average age of the building (representing 22.7 years old in 2013 and 26.0 years old in 2014; +14.4%)
  • A dramatic increase in average distance from the station (representing 4.4 min in 2013 and 7.0 min in 2014; +57.5%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 44.4% of total transactions in 2013 and 60.0% of total transactions in 2014)

Breakdown of each segment

Station:   Segment:

Top

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)