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, 2015 to Dec, 2015 was 691,636 JPY/sq.m. The market value represents an increase of 70,620 JPY (+11.4%) compared to 1 year ago and a transition to a bull market. 23 properties exchanged hands ( The market value represents a decrease of 3 (-11.5%) compared to 1 year ago and a transition to a weak market.).

The average age of the real estate was 23.0 years old (a +25.0% increase compared to the 18.4 years old of last year.). The average size of the real estate was 130.4 sq.m (a -3.4% decrease compared to the 135.0 sq.m of last year.). The average total floor space of the real estate was 332.2 sq.m (a +9.5% increase compared to the 303.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m, as well as a dramatic increase in transactions involving older buildings over 40 years old.

6 stations have experienced increased prices; 3 stations have experienced decreased prices. The overall trend was the same as last year. Kotake-Mukaihara, Sennkawa, Kitasanndou, Shibuya station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Shinnjukusannchoume station, where prices have increased +318.0% compared to last year; a sq.m unit now costs 1,650,000 JPY/sq.m.

The top 2 stations has seen prices increase +250.7% (+810,965 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -39.8% (-157,012 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 26.9% of total transactions in 2014 and 34.8% of total transactions in 2015)
  • An increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 3.8% of total transactions in 2014 and 4.5% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 18.4 years old in 2014 and 23.0 years old in 2015; +25.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 11.5% of total transactions in 2014 and 26.1% of total transactions in 2015)
  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 23.1% of total transactions in 2014 and 22.7% of total transactions in 2015)

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 1,812,500 JPY/sq.m. The market value represents an increase of 634,728 JPY (+53.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) 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 144,444 JPY/sq.m. The market value represents a decrease of 194,444 JPY (-57.4%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) 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(2015)1 year ago2 years ago
Chikatetsunarimasu329,562 JPY (22.4Y/340.0sq.m)341,176 JPY (30.8Y/65.0sq.m)469,474 JPY (0.8Y/97.5sq.m)
Chikatetsuakatsuka144,444 JPY (44.8Y/125.0sq.m)338,888 JPY (15.8Y/77.5sq.m)268,750 JPY (17.3Y/191.7sq.m)
Heiwadai566,666 JPY (14.3Y/57.5sq.m)200,000 JPY (53.8Y/65.0sq.m)449,090 JPY (17.1Y/100.9sq.m)
Hikawadai-364,705 JPY (4.8Y/190.0sq.m)465,988 JPY (18.8Y/68.3sq.m)
Kotake-Mukaihara633,333 JPY (53.8Y/155.0sq.m)498,425 JPY (8.8Y/158.8sq.m)447,988 JPY (14.8Y/144.0sq.m)
Sennkawa766,666 JPY (0.8Y/60.0sq.m)498,343 JPY (7.0Y/102.0sq.m)846,153 JPY (9.8Y/75.0sq.m)
Kanamechou419,333 JPY (25.0Y/55.0sq.m)538,913 JPY (12.8Y/92.5sq.m)433,670 JPY (20.4Y/73.3sq.m)
Ikebukuro--368,750 JPY (27.4Y/396.7sq.m)
Zoushigaya569,230 JPY (30.8Y/40.0sq.m)-471,528 JPY (36.8Y/102.5sq.m)
Nishiwaseda-602,272 JPY (16.8Y/165.0sq.m)442,857 JPY (43.8Y/100.0sq.m)
Higashishinnjuku564,104 JPY (27.0Y/81.2sq.m)-714,285 JPY (21.8Y/240.0sq.m)
Shinnjukusannchoume1,650,000 JPY (34.3Y/175.0sq.m)394,736 JPY (26.8Y/70.0sq.m)-
Kitasanndou1,234,042 JPY (1.8Y/150.0sq.m)660,869 JPY (0.8Y/60.0sq.m)877,551 JPY (28.3Y/190.0sq.m)
Shibuya1,812,500 JPY (12.3Y/170.0sq.m)1,177,772 JPY (31.3Y/213.3sq.m)1,662,814 JPY (22.3Y/178.8sq.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

Shinnjukusannchoume1,650,000 JPY/sq.m (+318% compared with the previous year)

The average price of a sq.m Home of Shinnjukusannchoume was 1,650,000 JPY/sq.m. The market value represents an increase of 1,255,264 JPY (+318.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 34.3 years old (a +28.0% increase compared to the 26.8 years old of last year.). The average size of the real estate was 175.0 sq.m (a +150.0% increase compared to the 70.0 sq.m of last year.). The average total floor space of the real estate was 1200.0 sq.m (a +215.8% increase compared to the 380.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 4.0 min in 2014 and 2.0 min in 2015; -50.0%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2014 and 50.0% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 26.8 years old in 2014 and 34.3 years old in 2015; +28.0%)

Heiwadai566,666 JPY/sq.m (+183% compared with the previous year)

The average price of a sq.m Home of Heiwadai was 566,666 JPY/sq.m. The market value represents an increase of 366,666 JPY (+183.3%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.3 years old (a -73.5% decrease compared to the 53.8 years old of last year.). The average size of the real estate was 57.5 sq.m (a -11.5% decrease compared to the 65.0 sq.m of last year.). The average total floor space of the real estate was 70.0 sq.m (a +16.7% increase compared to the 60.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 53.8 years old in 2014 and 14.3 years old in 2015; -73.5%)
  • An decrease in average distance from the station (representing 12.0 min in 2014 and 10.5 min in 2015; -12.5%)

Chikatetsuakatsuka144,444 JPY/sq.m (-57% compared with the previous year)

The average price of a sq.m Home of Chikatetsuakatsuka was 144,444 JPY/sq.m. The market value represents a decrease of 194,444 JPY (-57.4%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 44.8 years old (a +184.1% increase compared to the 15.8 years old of last year.). The average size of the real estate was 125.0 sq.m (a +61.3% increase compared to the 77.5 sq.m of last year.). The average total floor space of the real estate was 270.0 sq.m (a +200.0% increase compared to the 90.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 15.8 years old in 2014 and 44.8 years old in 2015; +184.1%)
  • An increase in average distance from the station (representing 8.0 min in 2014 and 9.0 min in 2015; +12.5%)

Kanamechou419,333 JPY/sq.m (-22% compared with the previous year)

The average price of a sq.m Home of Kanamechou was 419,333 JPY/sq.m. The market value represents a decrease of 119,580 JPY (-22.2%) 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 25.0 years old (a +96.0% increase compared to the 12.8 years old of last year.). The average size of the real estate was 55.0 sq.m (a -40.5% decrease compared to the 92.5 sq.m of last year.). The average total floor space of the real estate was 123.8 sq.m (a +15.1% increase compared to the 107.5 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 9.0 min in 2014 and 7.8 min in 2015; -13.9%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 50.0% 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 12.8 years old in 2014 and 25.0 years old in 2015; +96.0%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 50.0% of total transactions in 2014 and 25.0% of total transactions in 2015)

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)