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 Oct, 2014 to Dec, 2014 was 621,016 JPY/sq.m. The market value represents an increase of 37,254 JPY (+6.4%) compared to 1 year ago and a transition to a strong market. 26 properties exchanged hands ( The market value represents a decrease of 21 (-44.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.4 years old (a -3.3% decrease compared to the 19.1 years old of last year.). The average size of the real estate was 135.0 sq.m (a -5.7% decrease compared to the 143.1 sq.m of last year.). The average total floor space of the real estate was 303.3 sq.m (a -1.8% decrease compared to the 308.7 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 very large total floor space more than 200 sq.m.

4 stations have experienced increased prices; 6 stations have experienced decreased prices. Market value of most stations decreased. Chikatetsuakatsuka, Kanamechou, Nishiwaseda station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Nishiwaseda station, where prices have increased +36.0% compared to last year; a sq.m unit now costs 602,272 JPY/sq.m.

The top 2 stations has seen prices increase +31.0% (+114,777 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -48.3% (-298,450 JPY/sq.m).

Cause of price increases

  • An decrease in transactions involving relatively old buildings under 40 years old (representing 39.1% of total transactions in 2013 and 34.6% of total transactions in 2014)
  • An decrease in transactions involving older buildings over 40 years old (representing 13.0% of total transactions in 2013 and 11.5% of total transactions in 2014)

Causes of price decreases

  • A some decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 4.3% of total transactions in 2013 and 3.8% of total transactions in 2014)
  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 23.4% of total transactions in 2013 and 23.1% 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 Shibuya, the highest market value along this railway was 1,177,772 JPY/sq.m. The market value represents a decrease of 485,042 JPY (-29.2%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Heiwadai, the lowest market value along this railway was 200,000 JPY/sq.m. The market value represents a decrease of 249,090 JPY (-55.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 10 (-90.9%) compared to 1 year ago and a transition to a dramatic market.).

Tokyo Metro Fukutoshin Line (Stations Home market overview)
Tokyo Metro Fukutoshin LineThis year(2014)1 year ago2 years ago
Chikatetsunarimasu341,176 JPY (30.8Y/65.0sq.m)469,474 JPY (0.8Y/97.5sq.m)398,975 JPY (24.8Y/251.7sq.m)
Chikatetsuakatsuka338,888 JPY (15.8Y/77.5sq.m)268,750 JPY (17.3Y/191.7sq.m)443,284 JPY (18.4Y/162.8sq.m)
Heiwadai200,000 JPY (53.8Y/65.0sq.m)449,090 JPY (17.1Y/100.9sq.m)505,709 JPY (9.1Y/86.2sq.m)
Hikawadai364,705 JPY (4.8Y/190.0sq.m)465,988 JPY (18.8Y/68.3sq.m)545,854 JPY (14.3Y/98.9sq.m)
Kotake-Mukaihara498,425 JPY (8.8Y/158.8sq.m)447,988 JPY (14.8Y/144.0sq.m)541,590 JPY (15.5Y/290.0sq.m)
Sennkawa498,343 JPY (7.0Y/102.0sq.m)846,153 JPY (9.8Y/75.0sq.m)532,310 JPY (6.6Y/80.0sq.m)
Kanamechou538,913 JPY (12.8Y/92.5sq.m)433,670 JPY (20.4Y/73.3sq.m)505,945 JPY (10.6Y/151.2sq.m)
Ikebukuro-368,750 JPY (27.4Y/396.7sq.m)398,333 JPY (16.8Y/191.7sq.m)
Zoushigaya-471,528 JPY (36.8Y/102.5sq.m)489,381 JPY (31.8Y/80.0sq.m)
Nishiwaseda602,272 JPY (16.8Y/165.0sq.m)442,857 JPY (43.8Y/100.0sq.m)420,740 JPY (15.3Y/57.5sq.m)
Higashishinnjuku-714,285 JPY (21.8Y/240.0sq.m)865,217 JPY (24.8Y/105.0sq.m)
Shinnjukusannchoume394,736 JPY (26.8Y/70.0sq.m)--
Kitasanndou660,869 JPY (0.8Y/60.0sq.m)877,551 JPY (28.3Y/190.0sq.m)-
Shibuya1,177,772 JPY (31.3Y/213.3sq.m)1,662,814 JPY (22.3Y/178.8sq.m)794,547 JPY (26.8Y/265.8sq.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

Nishiwaseda602,272 JPY/sq.m (+36% compared with the previous year)

The average price of a sq.m Home of Nishiwaseda was 602,272 JPY/sq.m. The market value represents an increase of 159,415 JPY (+36.0%) 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 16.8 years old (a -61.7% decrease compared to the 43.8 years old of last year.). The average size of the real estate was 165.0 sq.m (a +65.0% increase compared to the 100.0 sq.m of last year.). The average total floor space of the real estate was 880.0 sq.m (a +319.0% increase compared to the 210.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 43.8 years old in 2013 and 16.8 years old in 2014; -61.7%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.0 min in 2013 and 7.0 min in 2014; +40.0%)

Chikatetsuakatsuka338,888 JPY/sq.m (+26% compared with the previous year)

The average price of a sq.m Home of Chikatetsuakatsuka was 338,888 JPY/sq.m. The market value represents an increase of 70,138 JPY (+26.1%) 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 15.8 years old (a -8.7% decrease compared to the 17.3 years old of last year.). The average size of the real estate was 77.5 sq.m (a -59.6% decrease compared to the 191.7 sq.m of last year.). The average total floor space of the real estate was 90.0 sq.m (a -87.6% decrease compared to the 726.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.3 min in 2013 and 8.0 min in 2014; +50.0%)

Heiwadai200,000 JPY/sq.m (-55% compared with the previous year)

The average price of a sq.m Home of Heiwadai was 200,000 JPY/sq.m. The market value represents a decrease of 249,090 JPY (-55.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 10 (-90.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 53.8 years old (a +214.0% increase compared to the 17.1 years old of last year.). The average size of the real estate was 65.0 sq.m (a -35.6% decrease compared to the 100.9 sq.m of last year.). The average total floor space of the real estate was 60.0 sq.m (a -44.5% decrease compared to the 108.2 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 17.1 years old in 2013 and 53.8 years old in 2014; +214.0%)
  • A dramatic increase in average distance from the station (representing 9.3 min in 2013 and 12.0 min in 2014; +29.4%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 18.2% of total transactions in 2013 and 100.0% of total transactions in 2014)

Sennkawa498,343 JPY/sq.m (-41% compared with the previous year)

The average price of a sq.m Home of Sennkawa was 498,343 JPY/sq.m. The market value represents a decrease of 347,810 JPY (-41.1%) 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 7.0 years old (a -28.4% decrease compared to the 9.8 years old of last year.). The average size of the real estate was 102.0 sq.m (a +36.0% increase compared to the 75.0 sq.m of last year.). The average total floor space of the real estate was 150.0 sq.m (a -86.7% decrease compared to the 1130.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 9.8 years old in 2013 and 7.0 years old in 2014; -28.4%)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2013 and 20.0% of total transactions in 2014)

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)