Tokyo Metro Chiyoda Line Tokyo 2017-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, 2017 to Dec, 2017 was 1,047,908 JPY/sq.m. The market value represents an increase of 467,081 JPY (+80.4%) compared to 1 year ago and a transition to a dramatic market. 75 properties exchanged hands ( The market value represents a decrease of 80 (-51.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.3 years old (a -2.9% decrease compared to the 22.9 years old of last year.). The average size of the real estate was 177.9 sq.m (a +2.8% increase compared to the 173.0 sq.m of last year.). The average total floor space of the real estate was 289.9 sq.m (a +3.1% increase compared to the 281.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m, as well as a dramatic increase in transactions involving new buildings under 10 years old.

11 stations have experienced increased prices; 2 stations have experienced decreased prices. The overall trend was toward increased prices. Ayase, Nishinippori, Senndagi, Yushima, Hibiya, Yoyogiuehara 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 +227.2% compared to last year; a sq.m unit now costs 5,130,518 JPY/sq.m.

The top 2 stations has seen prices increase +209.0% (+2,311,497 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -36.2% (-540,096 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 6.5% of total transactions in 2016 and 10.8% of total transactions in 2017)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 24.7% of total transactions in 2016 and 18.6% of total transactions in 2017)

Causes of price decreases

  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 21.4% of total transactions in 2016 and 18.9% of total transactions in 2017)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 30.8% of total transactions in 2016 and 32.9% 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 Omotesanndou, the highest market value along this railway was 5,130,518 JPY/sq.m. The market value represents an increase of 3,562,389 JPY (+227.2%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 4 (-36.4%) 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 307,044 JPY/sq.m. The market value represents a decrease of 46,837 JPY (-13.2%) compared to 1 year ago and a transition to a weak market. 18 properties exchanged hands ( The market value represents a decrease of 11 (-37.9%) 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(2017)1 year ago2 years ago
Ayase616,542 JPY (19.5Y/191.7sq.m)366,294 JPY (16.2Y/218.3sq.m)362,524 JPY (10.3Y/65.6sq.m)
Kitasennju408,547 JPY (24.9Y/111.8sq.m)350,982 JPY (27.5Y/144.0sq.m)401,812 JPY (15.0Y/95.0sq.m)
Machiya485,918 JPY (11.2Y/94.3sq.m)431,460 JPY (22.2Y/181.3sq.m)424,684 JPY (14.4Y/112.3sq.m)
Nishinippori781,217 JPY (20.8Y/130.0sq.m)640,230 JPY (31.7Y/82.0sq.m)383,473 JPY (12.9Y/150.0sq.m)
Senndagi1,087,505 JPY (28.5Y/167.0sq.m)605,974 JPY (34.2Y/135.0sq.m)674,759 JPY (23.3Y/85.0sq.m)
Nedu727,980 JPY (13.6Y/192.5sq.m)707,212 JPY (23.6Y/208.1sq.m)682,337 JPY (15.3Y/136.2sq.m)
Yushima614,663 JPY (33.4Y/75.0sq.m)363,636 JPY (37.3Y/115.0sq.m)689,831 JPY (26.6Y/120.0sq.m)
Shinnochanomizu--229,166 JPY (45.0Y/60.0sq.m)
Ootemachi-600,000 JPY (44.8Y/105.0sq.m)-
Hibiya1,166,666 JPY (44.5Y/50.0sq.m)909,090 JPY (31.8Y/70.0sq.m)-
Akasaka1,616,161 JPY (9.8Y/340.0sq.m)555,555 JPY (44.3Y/360.0sq.m)1,451,612 JPY (27.5Y/85.0sq.m)
Nogizaka1,224,524 JPY (28.1Y/144.0sq.m)-809,104 JPY (18.4Y/250.0sq.m)
Omotesanndou5,130,518 JPY (33.5Y/525.7sq.m)1,568,129 JPY (31.0Y/249.1sq.m)967,075 JPY (23.3Y/131.0sq.m)
Kanmonkaikyo Mekari-1,862,963 JPY (25.9Y/121.7sq.m)2,938,370 JPY (21.8Y/185.8sq.m)
Yoyogikouenn711,538 JPY (40.2Y/160.0sq.m)1,744,894 JPY (37.0Y/108.8sq.m)1,129,411 JPY (9.8Y/90.0sq.m)
Yoyogiuehara960,924 JPY (30.3Y/170.0sq.m)775,910 JPY (24.8Y/151.2sq.m)710,674 JPY (19.1Y/115.8sq.m)
Kitaayase307,044 JPY (16.4Y/140.0sq.m)353,881 JPY (14.7Y/157.8sq.m)313,975 JPY (9.7Y/100.5sq.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

Omotesanndou5,130,518 JPY/sq.m (+227% compared with the previous year)

The average price of a sq.m Home of Omotesanndou was 5,130,518 JPY/sq.m. The market value represents an increase of 3,562,389 JPY (+227.2%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 4 (-36.4%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 33.5 years old (a +8.1% increase compared to the 31.0 years old of last year.). The average size of the real estate was 525.7 sq.m (a +111.1% increase compared to the 249.1 sq.m of last year.). The average total floor space of the real estate was 833.6 sq.m (a +99.4% increase compared to the 418.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 6.8 min in 2016 and 5.0 min in 2017; -26.7%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 27.3% of total transactions in 2016 and 42.9% of total transactions in 2017)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 9.1% of total transactions in 2016 and 14.3% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 45.5% of total transactions in 2016 and 57.1% of total transactions in 2017)
  • A some increase in transactions involving older buildings over 40 years old (representing 27.3% of total transactions in 2016 and 28.6% of total transactions in 2017)

Akasaka1,616,161 JPY/sq.m (+191% compared with the previous year)

The average price of a sq.m Home of Akasaka was 1,616,161 JPY/sq.m. The market value represents an increase of 1,060,606 JPY (+190.9%) 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 -78.0% decrease compared to the 44.3 years old of last year.). The average size of the real estate was 340.0 sq.m (a -5.6% decrease compared to the 360.0 sq.m of last year.). The average total floor space of the real estate was 990.0 sq.m (a -45.0% decrease compared to the 1800.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 44.3 years old in 2016 and 9.8 years old in 2017; -78.0%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 2.0 min in 2016 and 3.0 min in 2017; +50.0%)

Yoyogikouenn711,538 JPY/sq.m (-59% compared with the previous year)

The average price of a sq.m Home of Yoyogikouenn was 711,538 JPY/sq.m. The market value represents a decrease of 1,033,356 JPY (-59.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 40.2 years old (a +8.4% increase compared to the 37.0 years old of last year.). The average size of the real estate was 160.0 sq.m (a +47.1% increase compared to the 108.8 sq.m of last year.). The average total floor space of the real estate was 307.5 sq.m (a +152.7% increase compared to the 121.7 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 7.0 min in 2016 and 3.5 min in 2017; -50.0%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

Kitaayase307,044 JPY/sq.m (-13% compared with the previous year)

The average price of a sq.m Home of Kitaayase was 307,044 JPY/sq.m. The market value represents a decrease of 46,837 JPY (-13.2%) compared to 1 year ago and a transition to a weak market. 18 properties exchanged hands ( The market value represents a decrease of 11 (-37.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 16.4 years old (a +12.0% increase compared to the 14.7 years old of last year.). The average size of the real estate was 140.0 sq.m (a -11.3% decrease compared to the 157.8 sq.m of last year.). The average total floor space of the real estate was 177.2 sq.m (a -15.1% decrease compared to the 208.8 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 13.8% of total transactions in 2016 and 5.6% of total transactions in 2017)

Causes of price decreases

  • An increase in average age of the building (representing 14.7 years old in 2016 and 16.4 years old in 2017; +12.0%)
  • A dramatic increase in average distance from the station (representing 12.6 min in 2016 and 16.1 min in 2017; +28.4%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 17.2% of total transactions in 2016 and 33.3% of total transactions in 2017)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 51.7% of total transactions in 2016 and 38.9% 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)