Tokyo Metro Chiyoda Line Tokyo 2016-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, 2016 to Dec, 2016 was 580,827 JPY/sq.m. The market value represents a decrease of 16,955 JPY (-2.8%) compared to 1 year ago and a transition to a slight market. 155 properties exchanged hands ( The market value represents an increase of 36 (+30.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.9 years old (a +52.0% increase compared to the 15.1 years old of last year.). The average size of the real estate was 173.0 sq.m (a +62.9% increase compared to the 106.2 sq.m of last year.). The average total floor space of the real estate was 281.1 sq.m (a +64.5% increase compared to the 170.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a dramatic increase in transactions involving middle total floor space for a DINKS or an old age households less than 60 sq.m.

8 stations have experienced increased prices; 5 stations have experienced decreased prices. The overall trend was the same as last year. Nishinippori, Omotesanndou, Yoyogikouenn station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Nishinippori station, where prices have increased +67.0% compared to last year; a sq.m unit now costs 640,230 JPY/sq.m.

The top 2 stations has seen prices increase +64.6% (+428,905 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -54.5% (-611,126 JPY/sq.m).

Cause of price increases

  • An increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.3% of total transactions in 2015 and 21.4% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 15.1 years old in 2015 and 22.9 years old in 2016; +52.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 8.5% of total transactions in 2015 and 24.7% of total transactions in 2016)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 40.2% of total transactions in 2015 and 28.8% of total transactions in 2016)

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 1,862,963 JPY/sq.m. The market value represents a decrease of 1,075,407 JPY (-36.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 3 (-50.0%) 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 350,982 JPY/sq.m. The market value represents a decrease of 50,830 JPY (-12.7%) compared to 1 year ago and a transition to a weak market. 24 properties exchanged hands ( The market value represents an increase of 2 (+9.1%) compared to 1 year ago and a transition to a strong market.).

Tokyo Metro Chiyoda Line (Stations Home market overview)
Tokyo Metro Chiyoda LineThis year(2016)1 year ago2 years ago
Ayase366,294 JPY (16.2Y/218.3sq.m)362,524 JPY (10.3Y/65.6sq.m)367,656 JPY (18.9Y/183.3sq.m)
Kitasennju350,982 JPY (27.5Y/144.0sq.m)401,812 JPY (15.0Y/95.0sq.m)376,593 JPY (21.1Y/71.6sq.m)
Machiya431,460 JPY (22.2Y/181.3sq.m)424,684 JPY (14.4Y/112.3sq.m)468,495 JPY (14.1Y/124.2sq.m)
Nishinippori640,230 JPY (31.7Y/82.0sq.m)383,473 JPY (12.9Y/150.0sq.m)404,621 JPY (21.1Y/48.8sq.m)
Senndagi605,974 JPY (34.2Y/135.0sq.m)674,759 JPY (23.3Y/85.0sq.m)692,231 JPY (17.5Y/95.0sq.m)
Nedu707,212 JPY (23.6Y/208.1sq.m)682,337 JPY (15.3Y/136.2sq.m)723,030 JPY (14.6Y/71.2sq.m)
Yushima363,636 JPY (37.3Y/115.0sq.m)689,831 JPY (26.6Y/120.0sq.m)323,659 JPY (31.4Y/163.3sq.m)
Shinnochanomizu-229,166 JPY (45.0Y/60.0sq.m)313,513 JPY (28.8Y/50.0sq.m)
Ootemachi600,000 JPY (44.8Y/105.0sq.m)--
Hibiya909,090 JPY (31.8Y/70.0sq.m)--
Akasaka555,555 JPY (44.3Y/360.0sq.m)1,451,612 JPY (27.5Y/85.0sq.m)779,661 JPY (40.3Y/95.0sq.m)
Nogizaka-809,104 JPY (18.4Y/250.0sq.m)639,805 JPY (20.3Y/288.6sq.m)
Omotesanndou1,568,129 JPY (31.0Y/249.1sq.m)967,075 JPY (23.3Y/131.0sq.m)1,193,288 JPY (26.0Y/183.3sq.m)
Kanmonkaikyo Mekari1,862,963 JPY (25.9Y/121.7sq.m)2,938,370 JPY (21.8Y/185.8sq.m)1,832,438 JPY (21.9Y/107.5sq.m)
Yoyogikouenn1,744,894 JPY (37.0Y/108.8sq.m)1,129,411 JPY (9.8Y/90.0sq.m)1,545,454 JPY (14.0Y/200.0sq.m)
Yoyogiuehara775,910 JPY (24.8Y/151.2sq.m)710,674 JPY (19.1Y/115.8sq.m)1,528,661 JPY (13.6Y/241.0sq.m)
Kitaayase353,881 JPY (14.7Y/157.8sq.m)313,975 JPY (9.7Y/100.5sq.m)304,662 JPY (12.8Y/111.6sq.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.

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Noteworthy stations

Nishinippori640,230 JPY/sq.m (+67% compared with the previous year)

The average price of a sq.m Home of Nishinippori was 640,230 JPY/sq.m. The market value represents an increase of 256,757 JPY (+67.0%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 3 (+150.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 31.7 years old (a +146.1% increase compared to the 12.9 years old of last year.). The average size of the real estate was 82.0 sq.m (a -45.3% decrease compared to the 150.0 sq.m of last year.). The average total floor space of the real estate was 121.0 sq.m (a -69.2% decrease compared to the 392.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2015 and 25.0% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 12.9 years old in 2015 and 31.7 years old in 2016; +146.1%)
  • A dramatic increase in average distance from the station (representing 4.0 min in 2015 and 5.8 min in 2016; +45.0%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2015 and 20.0% of total transactions in 2016)

Omotesanndou1,568,129 JPY/sq.m (+62% compared with the previous year)

The average price of a sq.m Home of Omotesanndou was 1,568,129 JPY/sq.m. The market value represents an increase of 601,054 JPY (+62.2%) compared to 1 year ago and a transition to a dramatic market. 11 properties exchanged hands ( The market value represents an increase of 6 (+120.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 31.0 years old (a +33.3% increase compared to the 23.3 years old of last year.). The average size of the real estate was 249.1 sq.m (a +90.1% increase compared to the 131.0 sq.m of last year.). The average total floor space of the real estate was 418.0 sq.m (a +57.7% increase compared to the 265.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 60.0% of total transactions in 2015 and 45.5% of total transactions in 2016)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 20.0% of total transactions in 2015 and 27.3% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 23.3 years old in 2015 and 31.0 years old in 2016; +33.3%)
  • A dramatic increase in average distance from the station (representing 5.6 min in 2015 and 6.8 min in 2016; +21.8%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 40.0% of total transactions in 2015 and 9.1% of total transactions in 2016)

Akasaka555,555 JPY/sq.m (-62% compared with the previous year)

The average price of a sq.m Home of Akasaka was 555,555 JPY/sq.m. The market value represents a decrease of 896,057 JPY (-61.7%) 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 44.3 years old (a +60.9% increase compared to the 27.5 years old of last year.). The average size of the real estate was 360.0 sq.m (a +323.5% increase compared to the 85.0 sq.m of last year.). The average total floor space of the real estate was 1800.0 sq.m (a +480.6% increase compared to the 310.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 3.0 min in 2015 and 2.0 min in 2016; -33.3%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 27.5 years old in 2015 and 44.3 years old in 2016; +60.9%)

Yushima363,636 JPY/sq.m (-47% compared with the previous year)

The average price of a sq.m Home of Yushima was 363,636 JPY/sq.m. The market value represents a decrease of 326,195 JPY (-47.3%) 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 37.3 years old (a +40.1% increase compared to the 26.6 years old of last year.). The average size of the real estate was 115.0 sq.m (a -4.2% decrease compared to the 120.0 sq.m of last year.). The average total floor space of the real estate was 1100.0 sq.m (a +81.8% increase compared to the 605.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 2.0 min in 2015 and 1.0 min in 2016; -50.0%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 66.7% of total transactions in 2015 and 100.0% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 26.6 years old in 2015 and 37.3 years old in 2016; +40.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2015 and 100.0% of total transactions in 2016)

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)