Tokyo Metro Chiyoda Line Tokyo 2015-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, 2015 to Dec, 2015 was 597,782 JPY/sq.m. The market value represents an increase of 66,311 JPY (+12.5%) compared to 1 year ago and a transition to a bull market. 119 properties exchanged hands ( The market value represents a decrease of 11 (-8.5%) compared to 1 year ago and a transition to a bear market.).

The average age of the real estate was 15.1 years old (a -16.1% decrease compared to the 18.0 years old of last year.). The average size of the real estate was 106.2 sq.m (a -18.3% decrease compared to the 130.1 sq.m of last year.). The average total floor space of the real estate was 170.9 sq.m (a -19.7% decrease compared to the 212.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving locations less than ten minutes by foot from the station, as well as an increase in transactions involving nearly new buildings under 3 years old.

6 stations have experienced increased prices; 9 stations have experienced decreased prices. Market value of most stations decreased. Akasaka, Nogizaka, Kanmonkaikyo Mekari station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Yushima station, where prices have increased +113.1% compared to last year; a sq.m unit now costs 689,831 JPY/sq.m.

The top 2 stations has seen prices increase +99.7% (+519,061 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -40.2% (-617,015 JPY/sq.m).

Cause of price increases

  • An decrease in average age of the building (representing 18.0 years old in 2014 and 15.1 years old in 2015; -16.1%)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 35.2% of total transactions in 2014 and 40.2% of total transactions in 2015)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 33.6% of total transactions in 2014 and 26.5% 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; +11.1%)

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 Kanmonkaikyo Mekari, the highest market value along this railway was 2,938,370 JPY/sq.m. The market value represents an increase of 1,105,932 JPY (+60.4%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 4 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Shinnochanomizu, the lowest market value along this railway was 229,166 JPY/sq.m. The market value represents a decrease of 84,347 JPY (-26.9%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Tokyo Metro Chiyoda Line (Stations Home market overview)
Tokyo Metro Chiyoda LineThis year(2015)1 year ago2 years ago
Ayase362,524 JPY (10.3Y/65.6sq.m)367,656 JPY (18.9Y/183.3sq.m)402,096 JPY (7.9Y/115.5sq.m)
Kitasennju401,812 JPY (15.0Y/95.0sq.m)376,593 JPY (21.1Y/71.6sq.m)355,357 JPY (18.1Y/97.0sq.m)
Machiya424,684 JPY (14.4Y/112.3sq.m)468,495 JPY (14.1Y/124.2sq.m)361,771 JPY (15.3Y/117.2sq.m)
Nishinippori383,473 JPY (12.9Y/150.0sq.m)404,621 JPY (21.1Y/48.8sq.m)485,247 JPY (19.3Y/80.8sq.m)
Senndagi674,759 JPY (23.3Y/85.0sq.m)692,231 JPY (17.5Y/95.0sq.m)592,352 JPY (19.1Y/131.6sq.m)
Nedu682,337 JPY (15.3Y/136.2sq.m)723,030 JPY (14.6Y/71.2sq.m)711,602 JPY (18.2Y/85.0sq.m)
Yushima689,831 JPY (26.6Y/120.0sq.m)323,659 JPY (31.4Y/163.3sq.m)325,186 JPY (38.9Y/183.0sq.m)
Shinnochanomizu229,166 JPY (45.0Y/60.0sq.m)313,513 JPY (28.8Y/50.0sq.m)777,777 JPY (19.0Y/290.0sq.m)
Ootemachi--297,297 JPY (21.6Y/287.5sq.m)
Hibiya---
Akasaka1,451,612 JPY (27.5Y/85.0sq.m)779,661 JPY (40.3Y/95.0sq.m)650,692 JPY (35.9Y/128.3sq.m)
Nogizaka809,104 JPY (18.4Y/250.0sq.m)639,805 JPY (20.3Y/288.6sq.m)718,182 JPY (29.9Y/115.0sq.m)
Omotesanndou967,075 JPY (23.3Y/131.0sq.m)1,193,288 JPY (26.0Y/183.3sq.m)1,648,808 JPY (22.7Y/342.2sq.m)
Kanmonkaikyo Mekari2,938,370 JPY (21.8Y/185.8sq.m)1,832,438 JPY (21.9Y/107.5sq.m)1,253,745 JPY (13.0Y/596.2sq.m)
Yoyogikouenn1,129,411 JPY (9.8Y/90.0sq.m)1,545,454 JPY (14.0Y/200.0sq.m)820,135 JPY (17.9Y/183.3sq.m)
Yoyogiuehara710,674 JPY (19.1Y/115.8sq.m)1,528,661 JPY (13.6Y/241.0sq.m)780,488 JPY (18.6Y/147.4sq.m)
Kitaayase313,975 JPY (9.7Y/100.5sq.m)304,662 JPY (12.8Y/111.6sq.m)313,501 JPY (12.5Y/161.4sq.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

Yushima689,831 JPY/sq.m (+113% compared with the previous year)

The average price of a sq.m Home of Yushima was 689,831 JPY/sq.m. The market value represents an increase of 366,172 JPY (+113.1%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 26.6 years old (a -15.2% decrease compared to the 31.4 years old of last year.). The average size of the real estate was 120.0 sq.m (a -26.5% decrease compared to the 163.3 sq.m of last year.). The average total floor space of the real estate was 605.0 sq.m (a -8.8% decrease compared to the 663.3 sq.m of last year.).

Cause of price increases

  • An decrease in average age of the building (representing 31.4 years old in 2014 and 26.6 years old in 2015; -15.2%)
  • A dramatic decrease in average distance from the station (representing 3.3 min in 2014 and 2.0 min in 2015; -40.0%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2014 and 33.3% of total transactions in 2015)

Causes of price decreases

  • A slight decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 66.7% of total transactions in 2014 and 66.7% of total transactions in 2015)

Akasaka1,451,612 JPY/sq.m (+86% compared with the previous year)

The average price of a sq.m Home of Akasaka was 1,451,612 JPY/sq.m. The market value represents an increase of 671,951 JPY (+86.2%) 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 27.5 years old (a -31.7% decrease compared to the 40.3 years old of last year.). The average size of the real estate was 85.0 sq.m (a -10.5% decrease compared to the 95.0 sq.m of last year.). The average total floor space of the real estate was 310.0 sq.m (a -47.5% decrease compared to the 590.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 40.3 years old in 2014 and 27.5 years old in 2015; -31.7%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 2.0 min in 2014 and 3.0 min in 2015; +50.0%)

Yoyogiuehara710,674 JPY/sq.m (-54% compared with the previous year)

The average price of a sq.m Home of Yoyogiuehara was 710,674 JPY/sq.m. The market value represents a decrease of 817,987 JPY (-53.5%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 1 (+20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.1 years old (a +40.6% increase compared to the 13.6 years old of last year.). The average size of the real estate was 115.8 sq.m (a -51.9% decrease compared to the 241.0 sq.m of last year.). The average total floor space of the real estate was 175.0 sq.m (a +27.3% increase compared to the 137.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 13.6 years old in 2014 and 19.1 years old in 2015; +40.6%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2014 and 40.0% of total transactions in 2015)

Yoyogikouenn1,129,411 JPY/sq.m (-27% compared with the previous year)

The average price of a sq.m Home of Yoyogikouenn was 1,129,411 JPY/sq.m. The market value represents a decrease of 416,043 JPY (-26.9%) 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 9.8 years old (a -30.3% decrease compared to the 14.0 years old of last year.). The average size of the real estate was 90.0 sq.m (a -55.0% decrease compared to the 200.0 sq.m of last year.). The average total floor space of the real estate was 85.0 sq.m (a -61.4% decrease compared to the 220.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 14.0 years old in 2014 and 9.8 years old in 2015; -30.3%)
  • A dramatic decrease in average distance from the station (representing 10.0 min in 2014 and 5.0 min in 2015; -50.0%)

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)