Tokyo Metro Chiyoda Line Tokyo 2015-4Q
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, 2015 to Dec, 2015 was 721,150 JPY/sq.m. The market value represents an increase of 255,359 JPY (+54.8%) compared to 1 year ago and a transition to a dramatic market. 35 properties exchanged hands ( The market value represents an increase of 4 (+12.9%) compared to 1 year ago and a transition to a bull market.).

The average age of the real estate was 13.5 years old (a -33.6% decrease compared to the 20.3 years old of last year.). The average size of the real estate was 106.7 sq.m (a +18.4% increase compared to the 90.2 sq.m of last year.). The average total floor space of the real estate was 182.1 sq.m (a +54.1% increase compared to the 118.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old, as well as a dramatic increase in transactions involving relatively large size more than 100 sq.m.

6 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased. Kitasennju, Senndagi, Omotesanndou, Kanmonkaikyo Mekari station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Senndagi station, where prices have increased +95.4% compared to last year; a sq.m unit now costs 762,500 JPY/sq.m.

The top 2 stations has seen prices increase +83.8% (+469,747 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease +3.2% (+11,122 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 20.3 years old in 2014 and 13.5 years old in 2015; -33.6%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 12.9% of total transactions in 2014 and 20.0% of total transactions in 2015)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 38.7% of total transactions in 2014 and 45.7% of total transactions in 2015)

Causes of price decreases

  • An increase in average distance from the station (representing 8.9 min in 2014 and 9.9 min in 2015; +11.7%)

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 3,138,644 JPY/sq.m. The market value represents an increase of 1,241,209 JPY (+65.4%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) 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 354,148 JPY/sq.m. The market value represents an increase of 13,506 JPY (+4.0%) compared to 1 year ago and a transition to a some market. 6 properties exchanged hands ( The market value represents a decrease of 5 (-45.5%) 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
Ayase374,458 JPY (8.1Y/71.1sq.m)365,720 JPY (19.6Y/117.5sq.m)364,482 JPY (9.3Y/169.2sq.m)
Kitasennju512,077 JPY (6.4Y/85.6sq.m)387,483 JPY (23.2Y/61.0sq.m)298,180 JPY (19.2Y/108.1sq.m)
Machiya387,500 JPY (30.8Y/185.0sq.m)-408,516 JPY (10.3Y/81.9sq.m)
Nishinippori-266,666 JPY (42.8Y/35.0sq.m)502,028 JPY (22.8Y/64.0sq.m)
Senndagi762,500 JPY (18.8Y/67.5sq.m)390,234 JPY (40.4Y/58.3sq.m)528,652 JPY (17.4Y/78.1sq.m)
Nedu-1,063,333 JPY (14.8Y/75.0sq.m)-
Yushima635,294 JPY (44.8Y/45.0sq.m)--
Shinnochanomizu-313,513 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)
Nogizaka570,588 JPY (24.8Y/410.0sq.m)-636,363 JPY (16.8Y/140.0sq.m)
Omotesanndou1,352,941 JPY (14.8Y/130.0sq.m)785,714 JPY (24.8Y/85.0sq.m)1,696,170 JPY (9.1Y/413.3sq.m)
Kanmonkaikyo Mekari3,138,644 JPY (29.8Y/168.3sq.m)1,897,435 JPY (42.8Y/65.0sq.m)-
Yoyogikouenn1,129,411 JPY (9.8Y/90.0sq.m)-916,666 JPY (26.8Y/145.0sq.m)
Yoyogiuehara244,444 JPY (34.8Y/110.0sq.m)-711,822 JPY (28.1Y/282.5sq.m)
Kitaayase354,148 JPY (5.3Y/102.5sq.m)340,642 JPY (9.8Y/111.4sq.m)327,099 JPY (14.3Y/278.6sq.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

Senndagi762,500 JPY/sq.m (+95% compared with the previous year)

The average price of a sq.m Home of Senndagi was 762,500 JPY/sq.m. The market value represents an increase of 372,266 JPY (+95.4%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.8 years old (a -53.6% decrease compared to the 40.4 years old of last year.). The average size of the real estate was 67.5 sq.m (a +15.7% increase compared to the 58.3 sq.m of last year.). The average total floor space of the real estate was 80.0 sq.m (a +17.1% increase compared to the 68.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 40.4 years old in 2014 and 18.8 years old in 2015; -53.6%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 33.3% of total transactions in 2014 and 50.0% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2014 and 5.5 min in 2015; +37.5%)

Omotesanndou1,352,941 JPY/sq.m (+72% compared with the previous year)

The average price of a sq.m Home of Omotesanndou was 1,352,941 JPY/sq.m. The market value represents an increase of 567,227 JPY (+72.2%) 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 14.8 years old (a -40.4% decrease compared to the 24.8 years old of last year.). The average size of the real estate was 130.0 sq.m (a +52.9% increase compared to the 85.0 sq.m of last year.). The average total floor space of the real estate was 170.0 sq.m (a +21.4% increase compared to the 140.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 24.8 years old in 2014 and 14.8 years old in 2015; -40.4%)
  • A dramatic decrease in average distance from the station (representing 11.0 min in 2014 and 5.0 min in 2015; -54.5%)

Ayase374,458 JPY/sq.m (+2% compared with the previous year)

The average price of a sq.m Home of Ayase was 374,458 JPY/sq.m. The market value represents an increase of 8,738 JPY (+2.4%) compared to 1 year ago and a transition to a slight market. 9 properties exchanged hands ( The market value represents an increase of 3 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 8.1 years old (a -58.7% decrease compared to the 19.6 years old of last year.). The average size of the real estate was 71.1 sq.m (a -39.5% decrease compared to the 117.5 sq.m of last year.). The average total floor space of the real estate was 91.7 sq.m (a -34.5% decrease compared to the 140.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 19.6 years old in 2014 and 8.1 years old in 2015; -58.7%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 33.3% of total transactions in 2014 and 66.7% of total transactions in 2015)

Kitaayase354,148 JPY/sq.m (+4% compared with the previous year)

The average price of a sq.m Home of Kitaayase was 354,148 JPY/sq.m. The market value represents an increase of 13,506 JPY (+4.0%) compared to 1 year ago and a transition to a some market. 6 properties exchanged hands ( The market value represents a decrease of 5 (-45.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 5.3 years old (a -46.1% decrease compared to the 9.8 years old of last year.). The average size of the real estate was 102.5 sq.m (a -8.0% decrease compared to the 111.4 sq.m of last year.). The average total floor space of the real estate was 94.2 sq.m (a -26.0% decrease compared to the 127.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 9.8 years old in 2014 and 5.3 years old in 2015; -46.1%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 10.5 min in 2014 and 18.2 min in 2015; +73.8%)
  • A some decrease in transactions involving nearly new buildings under 3 years old (representing 72.7% of total transactions in 2014 and 66.7% of total transactions in 2015)

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)