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, 2015 to Jun, 2015 was 535,000 JPY/sq.m. The market value represents a decrease of 61,002 JPY (-10.2%) compared to 1 year ago and a transition to a weak market. 43 properties exchanged hands ( The market value represents an increase of 12 (+38.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 16.2 years old (a -25.2% decrease compared to the 21.6 years old of last year.). The average size of the real estate was 126.7 sq.m (a +3.1% increase compared to the 122.9 sq.m of last year.). The average total floor space of the real estate was 243.7 sq.m (a -6.1% decrease compared to the 259.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving nearly new buildings under 3 years old, as well as a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m.

3 stations have experienced increased prices; 6 stations have experienced decreased prices. Market value of most stations decreased. Heiwadai station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Heiwadai station, where prices have increased +39.9% compared to last year; a sq.m unit now costs 614,790 JPY/sq.m.

The top 2 stations has seen prices increase +29.9% (+144,250 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -33.4% (-241,447 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 21.6 years old in 2014 and 16.2 years old in 2015; -25.2%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 24.1% of total transactions in 2014 and 45.2% of total transactions in 2015)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 12.9% of total transactions in 2014 and 16.3% of total transactions in 2015)

Causes of price decreases

  • An increase in average distance from the station (representing 7.8 min in 2014 and 8.9 min in 2015; +14.0%)

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 Ikebukuro, the highest market value along this railway was 680,741 JPY/sq.m. The market value represents an increase of 113,260 JPY (+20.0%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Chikatetsuakatsuka, the lowest market value along this railway was 334,057 JPY/sq.m. The market value represents a decrease of 139,646 JPY (-29.5%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands (It was the same as last year.).

Tokyo Metro Fukutoshin Line (Stations Home market overview)
Tokyo Metro Fukutoshin LineThis year(2015)1 year ago2 years ago
Chikatetsunarimasu-376,923 JPY (10.3Y/85.0sq.m)500,000 JPY (1.3Y/85.0sq.m)
Chikatetsuakatsuka334,057 JPY (29.3Y/101.7sq.m)473,704 JPY (12.6Y/88.3sq.m)422,626 JPY (14.0Y/75.6sq.m)
Heiwadai614,790 JPY (4.1Y/87.1sq.m)439,550 JPY (14.4Y/82.1sq.m)477,939 JPY (11.1Y/81.7sq.m)
Hikawadai614,136 JPY (4.6Y/106.7sq.m)833,333 JPY (38.3Y/260.0sq.m)612,865 JPY (3.3Y/91.2sq.m)
Kotake-Mukaihara549,563 JPY (9.0Y/92.8sq.m)588,235 JPY (1.3Y/110.0sq.m)635,843 JPY (9.9Y/132.0sq.m)
Sennkawa572,768 JPY (0.3Y/72.5sq.m)600,000 JPY (0.8Y/72.5sq.m)570,950 JPY (6.6Y/80.4sq.m)
Kanamechou356,161 JPY (32.8Y/288.0sq.m)454,826 JPY (36.6Y/166.7sq.m)461,330 JPY (10.3Y/64.0sq.m)
Ikebukuro680,741 JPY (35.3Y/123.8sq.m)567,481 JPY (27.3Y/55.0sq.m)576,918 JPY (23.0Y/213.3sq.m)
Zoushigaya544,806 JPY (24.8Y/155.0sq.m)514,962 JPY (18.8Y/91.7sq.m)545,660 JPY (28.8Y/135.0sq.m)
Nishiwaseda---
Higashishinnjuku336,302 JPY (34.8Y/50.0sq.m)-502,520 JPY (38.3Y/78.3sq.m)
Shinnjukusannchoume-581,818 JPY (36.3Y/110.0sq.m)-
Kitasanndou-937,500 JPY (5.3Y/190.0sq.m)669,231 JPY (36.9Y/91.7sq.m)
Shibuya578,947 JPY (12.8Y/182.5sq.m)922,195 JPY (36.1Y/226.0sq.m)1,066,666 JPY (13.8Y/735.0sq.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

Heiwadai614,790 JPY/sq.m (+40% compared with the previous year)

The average price of a sq.m Home of Heiwadai was 614,790 JPY/sq.m. The market value represents an increase of 175,240 JPY (+39.9%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 4.1 years old (a -71.5% decrease compared to the 14.4 years old of last year.). The average size of the real estate was 87.1 sq.m (a +6.1% increase compared to the 82.1 sq.m of last year.). The average total floor space of the real estate was 86.4 sq.m (a +1.7% increase compared to the 85.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 14.4 years old in 2014 and 4.1 years old in 2015; -71.5%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 33.3% of total transactions in 2014 and 85.7% of total transactions in 2015)

Ikebukuro680,741 JPY/sq.m (+20% compared with the previous year)

The average price of a sq.m Home of Ikebukuro was 680,741 JPY/sq.m. The market value represents an increase of 113,260 JPY (+20.0%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 35.3 years old (a +29.5% increase compared to the 27.3 years old of last year.). The average size of the real estate was 123.8 sq.m (a +125.0% increase compared to the 55.0 sq.m of last year.). The average total floor space of the real estate was 426.2 sq.m (a +348.7% increase compared to the 95.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2014 and 25.0% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 27.3 years old in 2014 and 35.3 years old in 2015; +29.5%)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 33.3% of total transactions in 2014 and 25.0% of total transactions in 2015)

Shibuya578,947 JPY/sq.m (-37% compared with the previous year)

The average price of a sq.m Home of Shibuya was 578,947 JPY/sq.m. The market value represents a decrease of 343,248 JPY (-37.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 3 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 12.8 years old (a -64.6% decrease compared to the 36.1 years old of last year.). The average size of the real estate was 182.5 sq.m (a -19.2% decrease compared to the 226.0 sq.m of last year.). The average total floor space of the real estate was 1045.0 sq.m (a +50.8% increase compared to the 693.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 36.1 years old in 2014 and 12.8 years old in 2015; -64.6%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 40.0% of total transactions in 2014 and 50.0% of total transactions in 2015)

Chikatetsuakatsuka334,057 JPY/sq.m (-29% compared with the previous year)

The average price of a sq.m Home of Chikatetsuakatsuka was 334,057 JPY/sq.m. The market value represents a decrease of 139,646 JPY (-29.5%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 29.3 years old (a +132.4% increase compared to the 12.6 years old of last year.). The average size of the real estate was 101.7 sq.m (a +15.1% increase compared to the 88.3 sq.m of last year.). The average total floor space of the real estate was 100.0 sq.m (a +20.0% increase compared to the 83.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 12.3 min in 2014 and 5.7 min in 2015; -54.1%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2014 and 33.3% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 12.6 years old in 2014 and 29.3 years old in 2015; +132.4%)

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)