Tokyo Metro Chiyoda Line Tokyo 2015-2Q
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 Apr, 2015 to Jun, 2015 was 577,233 JPY/sq.m. The market value represents an increase of 109,241 JPY (+23.3%) compared to 1 year ago and a transition to a dramatic market. 24 properties exchanged hands ( The market value represents a decrease of 3 (-11.1%) compared to 1 year ago and a transition to a weak market.).

The average age of the real estate was 16.5 years old (a -22.8% decrease compared to the 21.3 years old of last year.). The average size of the real estate was 106.0 sq.m (a -18.0% decrease compared to the 129.3 sq.m of last year.). The average total floor space of the real estate was 137.1 sq.m (a -20.3% decrease compared to the 172.0 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 size for a general family households less than 100 sq.m.

3 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Omotesanndou station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Omotesanndou station, where prices have increased +49.0% compared to last year; a sq.m unit now costs 1,056,434 JPY/sq.m.

The top 1 stations has seen prices increase +49.0% (+347,344 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -25.9% (-96,630 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 21.3 years old in 2014 and 16.5 years old in 2015; -22.8%)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 3.7% of total transactions in 2014 and 8.3% of total transactions in 2015)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 25.9% of total transactions in 2014 and 33.3% of total transactions in 2015)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 11.1% of total transactions in 2014 and 8.3% of total transactions in 2015)

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 1,056,434 JPY/sq.m. The market value represents an increase of 347,344 JPY (+49.0%) 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 price of a sq.m Home of Kitasennju, the lowest market value along this railway was 275,923 JPY/sq.m. The market value represents a decrease of 96,630 JPY (-25.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 2 (-25.0%) 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(2015)1 year ago2 years ago
Ayase-343,161 JPY (23.8Y/121.2sq.m)400,058 JPY (12.1Y/100.8sq.m)
Kitasennju275,923 JPY (27.6Y/131.7sq.m)372,553 JPY (21.5Y/88.1sq.m)408,959 JPY (29.0Y/83.8sq.m)
Machiya310,757 JPY (29.3Y/55.0sq.m)302,857 JPY (21.8Y/62.5sq.m)276,604 JPY (21.3Y/102.1sq.m)
Nishinippori590,476 JPY (0.3Y/70.0sq.m)-429,865 JPY (26.8Y/145.0sq.m)
Senndagi846,153 JPY (0.3Y/55.0sq.m)1,027,160 JPY (14.3Y/193.3sq.m)445,619 JPY (18.8Y/92.5sq.m)
Nedu480,000 JPY (9.3Y/90.0sq.m)-820,721 JPY (16.0Y/112.5sq.m)
Yushima--421,052 JPY (57.3Y/75.0sq.m)
Shinnochanomizu---
Ootemachi---
Hibiya---
Akasaka-779,661 JPY (40.3Y/95.0sq.m)560,000 JPY (21.3Y/195.0sq.m)
Nogizaka-573,966 JPY (20.0Y/270.0sq.m)-
Omotesanndou1,056,434 JPY (16.3Y/120.0sq.m)709,090 JPY (24.3Y/65.0sq.m)1,789,973 JPY (29.6Y/516.7sq.m)
Kanmonkaikyo Mekari3,500,000 JPY (14.3Y/195.0sq.m)--
Yoyogikouenn---
Yoyogiuehara808,148 JPY (10.8Y/102.5sq.m)-743,735 JPY (14.0Y/106.2sq.m)
Kitaayase302,855 JPY (9.1Y/105.0sq.m)276,976 JPY (19.7Y/125.0sq.m)277,947 JPY (15.6Y/100.0sq.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

Omotesanndou1,056,434 JPY/sq.m (+49% compared with the previous year)

The average price of a sq.m Home of Omotesanndou was 1,056,434 JPY/sq.m. The market value represents an increase of 347,344 JPY (+49.0%) 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 16.3 years old (a -33.0% decrease compared to the 24.3 years old of last year.). The average size of the real estate was 120.0 sq.m (a +84.6% increase compared to the 65.0 sq.m of last year.). The average total floor space of the real estate was 202.5 sq.m (a +84.1% increase compared to the 110.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 24.3 years old in 2014 and 16.3 years old in 2015; -33.0%)
  • A dramatic decrease in average distance from the station (representing 11.0 min in 2014 and 7.0 min in 2015; -36.4%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2014 and 50.0% of total transactions in 2015)

Kitasennju275,923 JPY/sq.m (-26% compared with the previous year)

The average price of a sq.m Home of Kitasennju was 275,923 JPY/sq.m. The market value represents a decrease of 96,630 JPY (-25.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 2 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 27.6 years old (a +28.3% increase compared to the 21.5 years old of last year.). The average size of the real estate was 131.7 sq.m (a +49.4% increase compared to the 88.1 sq.m of last year.). The average total floor space of the real estate was 142.5 sq.m (a +31.0% increase compared to the 108.8 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 11.2 min in 2014 and 9.7 min in 2015; -14.1%)
  • An decrease in transactions involving older buildings over 40 years old (representing 37.5% of total transactions in 2014 and 33.3% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.5 years old in 2014 and 27.6 years old in 2015; +28.3%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 12.5% of total transactions in 2014 and 33.3% of total transactions in 2015)

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)