Tokyo Metro Fukutoshin Line Tokyo 2014-2Q
Home market report

Tokyo Metro Fukutoshin Line railway market report

Tokyo Metro Fukutoshin Line Home market overview

The average price of a sq.m Home of Tokyo Metro Fukutoshin Line (Chikatetsunarimasu to Shibuya), in Apr, 2014 to Jun, 2014 was 596,001 JPY/sq.m. The market value represents an increase of 50,051 JPY (+9.2%) compared to 1 year ago and a transition to a strong market. 31 properties exchanged hands ( The market value represents a decrease of 30 (-49.2%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.6 years old (a +46.4% increase compared to the 14.8 years old of last year.). The average size of the real estate was 122.9 sq.m (a +0.7% increase compared to the 122.0 sq.m of last year.). The average total floor space of the real estate was 259.7 sq.m (a +34.3% increase compared to the 193.3 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 total floor space more than 100 sq.m.

4 stations have experienced increased prices; 7 stations have experienced decreased prices. Market value of most stations decreased. Hikawadai, Kitasanndou station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Kitasanndou station, where prices have increased +40.1% compared to last year; a sq.m unit now costs 937,500 JPY/sq.m.

The top 2 stations has seen prices increase +38.0% (+244,369 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -19.1% (-133,774 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 3.3% of total transactions in 2013 and 6.5% of total transactions in 2014)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 1.6% of total transactions in 2013 and 3.4% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 14.8 years old in 2013 and 21.6 years old in 2014; +46.4%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 52.5% of total transactions in 2013 and 24.1% of total transactions in 2014)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 24.6% of total transactions in 2013 and 31.0% of total transactions in 2014)

Breakdown of each segment

The table below shows Home dealt in Tokyo Metro Fukutoshin 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 Kitasanndou, the highest market value along this railway was 937,500 JPY/sq.m. The market value represents an increase of 268,269 JPY (+40.1%) 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 Chikatetsunarimasu, the lowest market value along this railway was 376,923 JPY/sq.m. The market value represents a decrease of 123,077 JPY (-24.6%) 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 Fukutoshin Line (Stations Home market overview)
Tokyo Metro Fukutoshin LineThis year(2014)1 year ago2 years ago
Chikatetsunarimasu376,923 JPY (10.3Y/85.0sq.m)500,000 JPY (1.3Y/85.0sq.m)536,666 JPY (0.3Y/82.5sq.m)
Chikatetsuakatsuka473,704 JPY (12.6Y/88.3sq.m)422,626 JPY (14.0Y/75.6sq.m)493,006 JPY (17.8Y/114.2sq.m)
Heiwadai439,550 JPY (14.4Y/82.1sq.m)477,939 JPY (11.1Y/81.7sq.m)388,937 JPY (16.7Y/75.0sq.m)
Hikawadai833,333 JPY (38.3Y/260.0sq.m)612,865 JPY (3.3Y/91.2sq.m)449,175 JPY (17.1Y/156.7sq.m)
Kotake-Mukaihara588,235 JPY (1.3Y/110.0sq.m)635,843 JPY (9.9Y/132.0sq.m)483,281 JPY (14.3Y/123.3sq.m)
Sennkawa600,000 JPY (0.8Y/72.5sq.m)570,950 JPY (6.6Y/80.4sq.m)635,131 JPY (3.3Y/105.0sq.m)
Kanamechou454,826 JPY (36.6Y/166.7sq.m)461,330 JPY (10.3Y/64.0sq.m)453,101 JPY (8.8Y/165.0sq.m)
Ikebukuro567,481 JPY (27.3Y/55.0sq.m)576,918 JPY (23.0Y/213.3sq.m)364,285 JPY (24.3Y/85.0sq.m)
Zoushigaya514,962 JPY (18.8Y/91.7sq.m)545,660 JPY (28.8Y/135.0sq.m)-
Nishiwaseda--285,111 JPY (41.8Y/360.0sq.m)
Higashishinnjuku-502,520 JPY (38.3Y/78.3sq.m)691,485 JPY (9.0Y/91.7sq.m)
Shinnjukusannchoume581,818 JPY (36.3Y/110.0sq.m)-419,354 JPY (27.3Y/175.0sq.m)
Kitasanndou937,500 JPY (5.3Y/190.0sq.m)669,231 JPY (36.9Y/91.7sq.m)-
Shibuya922,195 JPY (36.1Y/226.0sq.m)1,066,666 JPY (13.8Y/735.0sq.m)1,529,220 JPY (27.3Y/82.5sq.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

Kitasanndou937,500 JPY/sq.m (+40% compared with the previous year)

The average price of a sq.m Home of Kitasanndou was 937,500 JPY/sq.m. The market value represents an increase of 268,269 JPY (+40.1%) 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 5.3 years old (a -85.8% decrease compared to the 36.9 years old of last year.). The average size of the real estate was 190.0 sq.m (a +107.3% increase compared to the 91.7 sq.m of last year.). The average total floor space of the real estate was 320.0 sq.m (a +81.1% increase compared to the 176.7 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 36.9 years old in 2013 and 5.3 years old in 2014; -85.8%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 3.7 min in 2013 and 6.0 min in 2014; +63.6%)

Hikawadai833,333 JPY/sq.m (+36% compared with the previous year)

The average price of a sq.m Home of Hikawadai was 833,333 JPY/sq.m. The market value represents an increase of 220,468 JPY (+36.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 38.3 years old (a +1076.3% increase compared to the 3.3 years old of last year.). The average size of the real estate was 260.0 sq.m (a +184.9% increase compared to the 91.2 sq.m of last year.). The average total floor space of the real estate was 120.0 sq.m (a +35.2% increase compared to the 88.8 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 10.2 min in 2013 and 6.0 min in 2014; -41.5%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 3.3 years old in 2013 and 38.3 years old in 2014; +1076.3%)

Chikatetsunarimasu376,923 JPY/sq.m (-25% compared with the previous year)

The average price of a sq.m Home of Chikatetsunarimasu was 376,923 JPY/sq.m. The market value represents a decrease of 123,077 JPY (-24.6%) 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 10.3 years old (a +719.3% increase compared to the 1.3 years old of last year.). The average size of the real estate was 85.0 sq.m (a +0.0% decrease compared to the 85.0 sq.m of last year.). The average total floor space of the real estate was 130.0 sq.m (a +62.5% increase compared to the 80.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.0 min in 2013 and 7.0 min in 2014; -61.1%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 1.3 years old in 2013 and 10.3 years old in 2014; +719.3%)

Shibuya922,195 JPY/sq.m (-14% compared with the previous year)

The average price of a sq.m Home of Shibuya was 922,195 JPY/sq.m. The market value represents a decrease of 144,471 JPY (-13.5%) compared to 1 year ago and a transition to a weak 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 36.1 years old (a +162.2% increase compared to the 13.8 years old of last year.). The average size of the real estate was 226.0 sq.m (a -69.3% decrease compared to the 735.0 sq.m of last year.). The average total floor space of the real estate was 693.0 sq.m (a -39.7% decrease compared to the 1150.0 sq.m of last year.).

Cause of price increases

  • An decrease in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2013 and 40.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 13.8 years old in 2013 and 36.1 years old in 2014; +162.2%)

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)