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, 2017 to Jun, 2017 was 939,000 JPY/sq.m. The market value represents an increase of 235,792 JPY (+33.5%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 46 (-88.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 25.6 years old (a +2.2% increase compared to the 25.0 years old of last year.). The average size of the real estate was 172.5 sq.m (a -4.9% decrease compared to the 181.4 sq.m of last year.). The average total floor space of the real estate was 202.5 sq.m (a -42.3% decrease compared to the 351.1 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 middle size for a DINKS or an old age households less than 60 sq.m.

4 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Nishinippori, Omotesanndou 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 +153.0% compared to last year; a sq.m unit now costs 1,888,888 JPY/sq.m.

The top 2 stations has seen prices increase +118.6% (+892,765 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -6.1% (-22,907 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 8.3 min in 2016 and 6.2 min in 2017; -25.6%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 18.4% of total transactions in 2016 and 33.3% of total transactions in 2017)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 7.7% of total transactions in 2016 and 16.7% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 26.5% of total transactions in 2016 and 33.3% of total transactions in 2017)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 23.1% of total transactions in 2016 and 16.7% of total transactions in 2017)

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 Senndagi, the highest market value along this railway was 1,888,888 JPY/sq.m. The market value represents an increase of 1,142,158 JPY (+153.0%) 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 price of a sq.m Home of Yushima, the lowest market value along this railway was 323,076 JPY/sq.m. The market value represents a decrease of 40,560 JPY (-11.2%) compared to 1 year ago and a transition to a weak 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(2017)1 year ago2 years ago
Ayase494,736 JPY (0.3Y/85.0sq.m)430,119 JPY (10.7Y/134.4sq.m)-
Kitasennju-383,893 JPY (27.9Y/252.1sq.m)275,923 JPY (27.6Y/131.7sq.m)
Machiya500,000 JPY (0.3Y/55.0sq.m)505,254 JPY (26.1Y/162.5sq.m)310,757 JPY (29.3Y/55.0sq.m)
Nishinippori1,021,052 JPY (35.3Y/160.0sq.m)731,852 JPY (26.3Y/78.3sq.m)590,476 JPY (0.3Y/70.0sq.m)
Senndagi1,888,888 JPY (40.3Y/220.0sq.m)746,730 JPY (28.3Y/138.3sq.m)846,153 JPY (0.3Y/55.0sq.m)
Nedu-676,154 JPY (32.3Y/176.7sq.m)480,000 JPY (9.3Y/90.0sq.m)
Yushima323,076 JPY (52.3Y/55.0sq.m)363,636 JPY (37.3Y/195.0sq.m)-
Shinnochanomizu---
Ootemachi---
Hibiya---
Akasaka-555,555 JPY (44.3Y/360.0sq.m)-
Nogizaka---
Omotesanndou1,406,250 JPY (25.3Y/460.0sq.m)762,878 JPY (30.6Y/253.3sq.m)1,056,434 JPY (16.3Y/120.0sq.m)
Kanmonkaikyo Mekari-1,862,963 JPY (25.9Y/121.7sq.m)3,500,000 JPY (14.3Y/195.0sq.m)
Yoyogikouenn-2,179,842 JPY (39.8Y/117.5sq.m)-
Yoyogiuehara-845,000 JPY (22.3Y/156.7sq.m)808,148 JPY (10.8Y/102.5sq.m)
Kitaayase-477,160 JPY (26.3Y/317.5sq.m)302,855 JPY (9.1Y/105.0sq.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

Senndagi1,888,888 JPY/sq.m (+153% compared with the previous year)

The average price of a sq.m Home of Senndagi was 1,888,888 JPY/sq.m. The market value represents an increase of 1,142,158 JPY (+153.0%) 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 40.3 years old (a +42.5% increase compared to the 28.3 years old of last year.). The average size of the real estate was 220.0 sq.m (a +59.0% increase compared to the 138.3 sq.m of last year.). The average total floor space of the real estate was 90.0 sq.m (a -49.5% decrease compared to the 178.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 6.0 min in 2016 and 3.0 min in 2017; -50.0%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 66.7% of total transactions in 2016 and 100.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 28.3 years old in 2016 and 40.3 years old in 2017; +42.5%)

Omotesanndou1,406,250 JPY/sq.m (+84% compared with the previous year)

The average price of a sq.m Home of Omotesanndou was 1,406,250 JPY/sq.m. The market value represents an increase of 643,372 JPY (+84.3%) 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 25.3 years old (a -17.4% decrease compared to the 30.6 years old of last year.). The average size of the real estate was 460.0 sq.m (a +81.6% increase compared to the 253.3 sq.m of last year.). The average total floor space of the real estate was 640.0 sq.m (a +0.5% increase compared to the 636.7 sq.m of last year.).

Cause of price increases

  • An decrease in average age of the building (representing 30.6 years old in 2016 and 25.3 years old in 2017; -17.4%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2016 and 100.0% of total transactions in 2017)

Yushima323,076 JPY/sq.m (-11% compared with the previous year)

The average price of a sq.m Home of Yushima was 323,076 JPY/sq.m. The market value represents a decrease of 40,560 JPY (-11.2%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 52.3 years old (a +40.3% increase compared to the 37.3 years old of last year.). The average size of the real estate was 55.0 sq.m (a -71.8% decrease compared to the 195.0 sq.m of last year.). The average total floor space of the real estate was 195.0 sq.m (a -82.3% decrease compared to the 1100.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 2.0 min in 2016 and 1.0 min in 2017; -50.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 37.3 years old in 2016 and 52.3 years old in 2017; +40.3%)
  • 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 2016 and 100.0% of total transactions in 2017)

Machiya500,000 JPY/sq.m (-1% compared with the previous year)

The average price of a sq.m Home of Machiya was 500,000 JPY/sq.m. The market value represents a decrease of 5,254 JPY (-1.0%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands ( The market value represents a decrease of 9 (-90.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 0.3 years old (a -99.0% decrease compared to the 26.1 years old of last year.). The average size of the real estate was 55.0 sq.m (a -66.2% decrease compared to the 162.5 sq.m of last year.). The average total floor space of the real estate was 100.0 sq.m (a -38.1% decrease compared to the 161.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 26.1 years old in 2016 and 0.3 years old in 2017; -99.0%)
  • A dramatic decrease in average distance from the station (representing 11.2 min in 2016 and 7.0 min in 2017; -37.5%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 20.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

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)