Tokyo Metro Fukutoshin Line Tokyo 2016-1Q
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, 2016 to Mar, 2016 was 533,682 JPY/sq.m. The market value represents a decrease of 256,221 JPY (-32.4%) compared to 1 year ago and a transition to a dramatic market. 29 properties exchanged hands ( The market value represents a decrease of 16 (-35.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.5 years old (a +1.7% increase compared to the 18.2 years old of last year.). The average size of the real estate was 137.4 sq.m (a -22.2% decrease compared to the 176.6 sq.m of last year.). The average total floor space of the real estate was 206.7 sq.m (a -34.7% decrease compared to the 316.4 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 locations less than ten minutes by foot from the station.

6 stations have experienced increased prices; 3 stations have experienced decreased prices. The overall trend was the same as last year. Kotake-Mukaihara, Kanamechou, Nishiwaseda station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Zoushigaya station, where prices have increased +171.6% compared to last year; a sq.m unit now costs 740,740 JPY/sq.m.

The top 2 stations has seen prices increase +165.9% (+573,730 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -26.8% (-133,905 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 24.3% of total transactions in 2015 and 42.3% of total transactions in 2016)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 35.1% of total transactions in 2015 and 30.8% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.2 min in 2015 and 10.1 min in 2016; +22.5%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 8.1% of total transactions in 2015 and 15.4% of total transactions in 2016)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 28.9% of total transactions in 2015 and 17.2% of total transactions in 2016)

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 Shinnjukusannchoume, the highest market value along this railway was 1,103,448 JPY/sq.m. The market value represents an increase of 679,448 JPY (+160.2%) 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 price of a sq.m Home of Chikatetsuakatsuka, the lowest market value along this railway was 290,909 JPY/sq.m. The market value represents a decrease of 143,317 JPY (-33.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 6 (-85.7%) 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(2016)1 year ago2 years ago
Chikatetsunarimasu481,424 JPY (1.0Y/100.0sq.m)-591,228 JPY (0.0Y/70.0sq.m)
Chikatetsuakatsuka290,909 JPY (30.0Y/45.0sq.m)434,226 JPY (26.2Y/167.1sq.m)662,121 JPY (0.5Y/77.5sq.m)
Heiwadai479,833 JPY (13.8Y/102.5sq.m)604,325 JPY (9.7Y/106.7sq.m)605,882 JPY (0.0Y/85.0sq.m)
Hikawadai539,474 JPY (14.5Y/657.5sq.m)501,713 JPY (19.0Y/191.7sq.m)543,575 JPY (13.0Y/153.3sq.m)
Kotake-Mukaihara608,378 JPY (6.7Y/72.5sq.m)552,143 JPY (7.9Y/123.6sq.m)387,866 JPY (13.0Y/271.2sq.m)
Sennkawa475,686 JPY (25.8Y/106.2sq.m)-546,007 JPY (12.8Y/105.0sq.m)
Kanamechou497,618 JPY (19.5Y/70.0sq.m)449,910 JPY (11.5Y/192.5sq.m)554,305 JPY (10.7Y/445.0sq.m)
Ikebukuro-476,239 JPY (30.5Y/375.8sq.m)666,058 JPY (20.4Y/135.0sq.m)
Zoushigaya740,740 JPY (9.0Y/90.0sq.m)272,727 JPY (18.0Y/177.5sq.m)515,151 JPY (3.0Y/390.0sq.m)
Nishiwaseda598,484 JPY (32.5Y/90.0sq.m)500,000 JPY (18.0Y/50.0sq.m)833,333 JPY (7.0Y/310.0sq.m)
Higashishinnjuku505,050 JPY (47.0Y/340.0sq.m)511,111 JPY (53.0Y/40.0sq.m)637,500 JPY (0.0Y/105.0sq.m)
Shinnjukusannchoume1,103,448 JPY (0.0Y/125.0sq.m)424,000 JPY (22.5Y/140.0sq.m)281,042 JPY (35.0Y/210.0sq.m)
Kitasanndou-928,571 JPY (2.0Y/395.0sq.m)-
Shibuya-3,180,105 JPY (23.5Y/91.2sq.m)909,090 JPY (19.0Y/135.0sq.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

Zoushigaya740,740 JPY/sq.m (+172% compared with the previous year)

The average price of a sq.m Home of Zoushigaya was 740,740 JPY/sq.m. The market value represents an increase of 468,013 JPY (+171.6%) 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 9.0 years old (a -50.0% decrease compared to the 18.0 years old of last year.). The average size of the real estate was 90.0 sq.m (a -49.3% decrease compared to the 177.5 sq.m of last year.). The average total floor space of the real estate was 135.0 sq.m (a -79.5% decrease compared to the 660.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 18.0 years old in 2015 and 9.0 years old in 2016; -50.0%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2015 and 11.0 min in 2016; +175.0%)

Shinnjukusannchoume1,103,448 JPY/sq.m (+160% compared with the previous year)

The average price of a sq.m Home of Shinnjukusannchoume was 1,103,448 JPY/sq.m. The market value represents an increase of 679,448 JPY (+160.2%) 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 0.0 years old (a -100.0% decrease compared to the 22.5 years old of last year.). The average size of the real estate was 125.0 sq.m (a -10.7% decrease compared to the 140.0 sq.m of last year.). The average total floor space of the real estate was 290.0 sq.m (a -72.7% decrease compared to the 1062.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 22.5 years old in 2015 and 0.0 years old in 2016; -100.0%)
  • 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 2015 and 100.0% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 2.0 min in 2015 and 5.0 min in 2016; +150.0%)

Chikatetsuakatsuka290,909 JPY/sq.m (-33% compared with the previous year)

The average price of a sq.m Home of Chikatetsuakatsuka was 290,909 JPY/sq.m. The market value represents a decrease of 143,317 JPY (-33.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 6 (-85.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 30.0 years old (a +14.7% increase compared to the 26.2 years old of last year.). The average size of the real estate was 45.0 sq.m (a -73.1% decrease compared to the 167.1 sq.m of last year.). The average total floor space of the real estate was 55.0 sq.m (a -51.3% decrease compared to the 112.9 sq.m of last year.).

Causes of price decreases

  • An increase in average age of the building (representing 26.2 years old in 2015 and 30.0 years old in 2016; +14.7%)
  • A dramatic increase in average distance from the station (representing 6.7 min in 2015 and 14.0 min in 2016; +108.5%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 83.3% of total transactions in 2015 and 100.0% of total transactions in 2016)

Heiwadai479,833 JPY/sq.m (-21% compared with the previous year)

The average price of a sq.m Home of Heiwadai was 479,833 JPY/sq.m. The market value represents a decrease of 124,492 JPY (-20.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 13.8 years old (a +43.1% increase compared to the 9.7 years old of last year.). The average size of the real estate was 102.5 sq.m (a -3.9% decrease compared to the 106.7 sq.m of last year.). The average total floor space of the real estate was 120.8 sq.m (a +38.1% increase compared to the 87.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 9.7 years old in 2015 and 13.8 years old in 2016; +43.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2015 and 50.0% of total transactions in 2016)

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)