Tokyo Metro Fukutoshin Line Tokyo 2014-FY
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 Jan, 2014 to Dec, 2014 was 571,408 JPY/sq.m. The market value represents a decrease of 3,657 JPY (-0.6%) compared to 1 year ago and a transition to a slight market. 130 properties exchanged hands ( The market value represents a decrease of 99 (-43.2%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.5 years old (a +32.3% increase compared to the 14.7 years old of last year.). The average size of the real estate was 136.0 sq.m (a +7.0% increase compared to the 127.2 sq.m of last year.). The average total floor space of the real estate was 269.4 sq.m (a +20.7% increase compared to the 223.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving recently constructed buildings under 6 years old, as well as a dramatic decrease in transactions involving nearly new buildings under 3 years old.

5 stations have experienced increased prices; 9 stations have experienced decreased prices. Market value of most stations decreased. Chikatetsuakatsuka, Kanamechou, Kitasanndou station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Kitasanndou station, where prices have increased +18.6% compared to last year; a sq.m unit now costs 799,184 JPY/sq.m.

The top 2 stations has seen prices increase +16.5% (+96,529 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -37.8% (-334,946 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 0.9% of total transactions in 2013 and 4.9% of total transactions in 2014)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 2.6% of total transactions in 2013 and 5.4% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 14.7 years old in 2013 and 19.5 years old in 2014; +32.3%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 47.6% of total transactions in 2013 and 30.3% of total transactions in 2014)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 11.5% of total transactions in 2013 and 15.6% 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

Top

Home stations market overview

The average price of a sq.m Home of Shibuya, the highest market value along this railway was 1,037,874 JPY/sq.m. The market value represents a decrease of 201,349 JPY (-16.2%) compared to 1 year ago and a transition to a weak market. 13 properties exchanged hands ( The market value represents an increase of 1 (+8.3%) compared to 1 year ago and a transition to a strong market.).

The average price of a sq.m Home of Shinnjukusannchoume, the lowest market value along this railway was 384,659 JPY/sq.m. The market value represents a decrease of 220,219 JPY (-36.4%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 2 (+100.0%) 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
Chikatetsunarimasu448,682 JPY (13.7Y/98.0sq.m)450,942 JPY (5.8Y/168.1sq.m)448,631 JPY (10.8Y/120.4sq.m)
Chikatetsuakatsuka489,019 JPY (10.0Y/80.0sq.m)428,160 JPY (12.5Y/112.8sq.m)459,252 JPY (16.2Y/134.4sq.m)
Heiwadai483,794 JPY (17.7Y/94.1sq.m)503,413 JPY (11.3Y/95.3sq.m)506,157 JPY (14.4Y/119.0sq.m)
Hikawadai478,580 JPY (23.7Y/140.0sq.m)562,505 JPY (11.5Y/114.2sq.m)524,175 JPY (11.6Y/109.2sq.m)
Kotake-Mukaihara462,100 JPY (9.6Y/157.5sq.m)497,846 JPY (12.7Y/118.9sq.m)531,190 JPY (9.3Y/150.0sq.m)
Sennkawa544,309 JPY (8.7Y/106.9sq.m)563,355 JPY (11.1Y/98.5sq.m)545,676 JPY (7.7Y/79.3sq.m)
Kanamechou535,020 JPY (23.7Y/213.6sq.m)467,550 JPY (10.6Y/72.6sq.m)501,206 JPY (9.5Y/128.8sq.m)
Ikebukuro518,853 JPY (29.0Y/121.8sq.m)514,578 JPY (25.0Y/191.7sq.m)412,893 JPY (24.0Y/203.2sq.m)
Zoushigaya515,025 JPY (13.5Y/166.2sq.m)483,519 JPY (27.5Y/129.5sq.m)512,132 JPY (23.5Y/116.7sq.m)
Nishiwaseda604,703 JPY (16.9Y/140.0sq.m)607,118 JPY (15.9Y/123.3sq.m)367,635 JPY (27.3Y/191.0sq.m)
Higashishinnjuku695,816 JPY (37.9Y/92.1sq.m)1,145,488 JPY (17.4Y/107.9sq.m)688,111 JPY (13.4Y/103.9sq.m)
Shinnjukusannchoume384,659 JPY (33.3Y/150.0sq.m)604,878 JPY (13.0Y/102.5sq.m)708,672 JPY (26.4Y/84.0sq.m)
Kitasanndou799,184 JPY (3.0Y/125.0sq.m)673,596 JPY (33.9Y/124.3sq.m)711,304 JPY (13.0Y/102.5sq.m)
Shibuya1,037,874 JPY (32.7Y/211.2sq.m)1,239,223 JPY (20.2Y/329.6sq.m)798,594 JPY (30.9Y/251.5sq.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.

Top

Noteworthy stations

Kitasanndou799,184 JPY/sq.m (+19% compared with the previous year)

The average price of a sq.m Home of Kitasanndou was 799,184 JPY/sq.m. The market value represents an increase of 125,588 JPY (+18.6%) compared to 1 year ago and a transition to a bull market. 2 properties exchanged hands ( The market value represents a decrease of 5 (-71.4%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 3.0 years old (a -91.1% decrease compared to the 33.9 years old of last year.). The average size of the real estate was 125.0 sq.m (a +0.6% increase compared to the 124.3 sq.m of last year.). The average total floor space of the real estate was 217.5 sq.m (a -4.5% decrease compared to the 227.9 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 33.9 years old in 2013 and 3.0 years old in 2014; -91.1%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.4 min in 2013 and 5.5 min in 2014; +24.2%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 71.4% of total transactions in 2013 and 50.0% of total transactions in 2014)

Kanamechou535,020 JPY/sq.m (+14% compared with the previous year)

The average price of a sq.m Home of Kanamechou was 535,020 JPY/sq.m. The market value represents an increase of 67,470 JPY (+14.4%) compared to 1 year ago and a transition to a bull market. 11 properties exchanged hands ( The market value represents a decrease of 6 (-35.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 23.7 years old (a +123.9% increase compared to the 10.6 years old of last year.). The average size of the real estate was 213.6 sq.m (a +194.1% increase compared to the 72.6 sq.m of last year.). The average total floor space of the real estate was 297.7 sq.m (a +149.3% increase compared to the 119.4 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 8.2 min in 2013 and 6.6 min in 2014; -19.4%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 10.6 years old in 2013 and 23.7 years old in 2014; +123.9%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 5.9% of total transactions in 2013 and 27.3% of total transactions in 2014)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 23.5% of total transactions in 2013 and 36.4% of total transactions in 2014)

Higashishinnjuku695,816 JPY/sq.m (-39% compared with the previous year)

The average price of a sq.m Home of Higashishinnjuku was 695,816 JPY/sq.m. The market value represents a decrease of 449,672 JPY (-39.3%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 5 (-41.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 37.9 years old (a +117.6% increase compared to the 17.4 years old of last year.). The average size of the real estate was 92.1 sq.m (a -14.6% decrease compared to the 107.9 sq.m of last year.). The average total floor space of the real estate was 210.7 sq.m (a +20.7% increase compared to the 174.6 sq.m of last year.).

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 8.3% of total transactions in 2013 and 14.3% of total transactions in 2014)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2013 and 20.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 17.4 years old in 2013 and 37.9 years old in 2014; +117.6%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 16.7% of total transactions in 2013 and 60.0% of total transactions in 2014)
  • 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 14.3% of total transactions in 2014)

Shinnjukusannchoume384,659 JPY/sq.m (-36% compared with the previous year)

The average price of a sq.m Home of Shinnjukusannchoume was 384,659 JPY/sq.m. The market value represents a decrease of 220,219 JPY (-36.4%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 2 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 33.3 years old (a +155.7% increase compared to the 13.0 years old of last year.). The average size of the real estate was 150.0 sq.m (a +46.3% increase compared to the 102.5 sq.m of last year.). The average total floor space of the real estate was 747.5 sq.m (a +196.0% increase compared to the 252.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 6.0 min in 2013 and 3.5 min in 2014; -41.7%)
  • A dramatic increase 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 75.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 13.0 years old in 2013 and 33.3 years old in 2014; +155.7%)

Breakdown of each segment

Station:   Segment:

Top

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)