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 Jul, 2016 to Sep, 2016 was 868,901 JPY/sq.m. The market value represents an increase of 377,317 JPY (+76.8%) compared to 1 year ago and a transition to a dramatic market. 35 properties exchanged hands ( The market value represents a decrease of 1 (-2.8%) compared to 1 year ago and a transition to a slight market.).

The average age of the real estate was 25.6 years old (a +32.0% increase compared to the 19.4 years old of last year.). The average size of the real estate was 126.4 sq.m (a -16.8% decrease compared to the 151.9 sq.m of last year.). The average total floor space of the real estate was 277.5 sq.m (a +3.4% increase compared to the 268.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

7 stations have experienced increased prices; 3 stations have experienced decreased prices. The overall trend was the same as last year. Chikatetsunarimasu, Chikatetsuakatsuka, Hikawadai, Kanamechou, Nishiwaseda, Shibuya 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 +127.7% compared to last year; a sq.m unit now costs 871,895 JPY/sq.m.

The top 2 stations has seen prices increase +113.1% (+767,828 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -23.2% (-120,252 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 8.9 min in 2015 and 7.6 min in 2016; -14.7%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.4% of total transactions in 2015 and 34.3% of total transactions in 2016)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 28.6% of total transactions in 2015 and 26.5% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.4 years old in 2015 and 25.6 years old in 2016; +32.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 17.1% of total transactions in 2015 and 29.4% of total transactions in 2016)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 31.4% of total transactions in 2015 and 20.6% 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 Shibuya, the highest market value along this railway was 2,109,090 JPY/sq.m. The market value represents an increase of 1,046,590 JPY (+98.5%) 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 price of a sq.m Home of Kotake-Mukaihara, the lowest market value along this railway was 363,248 JPY/sq.m. The market value represents a decrease of 170,086 JPY (-31.9%) 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.).

Tokyo Metro Fukutoshin Line (Stations Home market overview)
Tokyo Metro Fukutoshin LineThis year(2016)1 year ago2 years ago
Chikatetsunarimasu650,000 JPY (0.5Y/100.0sq.m)435,294 JPY (0.5Y/90.0sq.m)342,857 JPY (27.5Y/200.0sq.m)
Chikatetsuakatsuka597,255 JPY (23.9Y/120.0sq.m)482,535 JPY (12.3Y/78.3sq.m)-
Heiwadai871,895 JPY (35.3Y/101.2sq.m)382,831 JPY (31.3Y/255.0sq.m)527,376 JPY (20.4Y/112.9sq.m)
Hikawadai683,430 JPY (12.8Y/151.2sq.m)513,333 JPY (17.0Y/110.0sq.m)369,614 JPY (32.8Y/98.0sq.m)
Kotake-Mukaihara363,248 JPY (30.0Y/107.5sq.m)533,333 JPY (0.5Y/45.0sq.m)467,200 JPY (9.3Y/75.0sq.m)
Sennkawa414,285 JPY (16.5Y/40.0sq.m)484,704 JPY (17.5Y/99.2sq.m)566,302 JPY (9.5Y/124.2sq.m)
Kanamechou590,700 JPY (21.9Y/127.0sq.m)373,507 JPY (25.3Y/143.3sq.m)593,333 JPY (31.2Y/110.0sq.m)
Ikebukuro1,850,289 JPY (28.5Y/168.0sq.m)-371,978 JPY (36.8Y/154.0sq.m)
Zoushigaya---
Nishiwaseda642,857 JPY (18.5Y/45.0sq.m)512,500 JPY (40.5Y/65.0sq.m)529,304 JPY (20.2Y/75.0sq.m)
Higashishinnjuku649,341 JPY (25.9Y/110.0sq.m)737,916 JPY (19.6Y/258.3sq.m)705,536 JPY (37.9Y/90.0sq.m)
Shinnjukusannchoume348,837 JPY (49.5Y/130.0sq.m)--
Kitasanndou-1,000,000 JPY (11.5Y/520.0sq.m)-
Shibuya2,109,090 JPY (33.0Y/195.0sq.m)1,062,500 JPY (7.5Y/340.0sq.m)905,660 JPY (38.5Y/200.0sq.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

Heiwadai871,895 JPY/sq.m (+128% compared with the previous year)

The average price of a sq.m Home of Heiwadai was 871,895 JPY/sq.m. The market value represents an increase of 489,064 JPY (+127.7%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 35.3 years old (a +12.8% increase compared to the 31.3 years old of last year.). The average size of the real estate was 101.2 sq.m (a -60.3% decrease compared to the 255.0 sq.m of last year.). The average total floor space of the real estate was 70.0 sq.m (a -74.8% decrease compared to the 277.5 sq.m of last year.).

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2015 and 25.0% of total transactions in 2016)

Causes of price decreases

  • An increase in average age of the building (representing 31.3 years old in 2015 and 35.3 years old in 2016; +12.8%)
  • A dramatic increase in average distance from the station (representing 10.8 min in 2015 and 14.5 min in 2016; +34.9%)
  • A slight decrease in transactions involving nearly new buildings under 3 years old (representing 25.0% of total transactions in 2015 and 25.0% of total transactions in 2016)

Shibuya2,109,090 JPY/sq.m (+99% compared with the previous year)

The average price of a sq.m Home of Shibuya was 2,109,090 JPY/sq.m. The market value represents an increase of 1,046,590 JPY (+98.5%) 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 33.0 years old (a +340.0% increase compared to the 7.5 years old of last year.). The average size of the real estate was 195.0 sq.m (a -42.6% decrease compared to the 340.0 sq.m of last year.). The average total floor space of the real estate was 805.0 sq.m (a -49.7% decrease compared to the 1600.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 8.0 min in 2015 and 4.0 min in 2016; -50.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 7.5 years old in 2015 and 33.0 years old in 2016; +340.0%)

Kotake-Mukaihara363,248 JPY/sq.m (-32% compared with the previous year)

The average price of a sq.m Home of Kotake-Mukaihara was 363,248 JPY/sq.m. The market value represents a decrease of 170,086 JPY (-31.9%) 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 30.0 years old (a +5856.2% increase compared to the 0.5 years old of last year.). The average size of the real estate was 107.5 sq.m (a +138.9% increase compared to the 45.0 sq.m of last year.). The average total floor space of the real estate was 110.0 sq.m (a +46.7% increase compared to the 75.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.0 min in 2015 and 10.0 min in 2016; -23.1%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 0.5 years old in 2015 and 30.0 years old in 2016; +5856.2%)

Sennkawa414,285 JPY/sq.m (-15% compared with the previous year)

The average price of a sq.m Home of Sennkawa was 414,285 JPY/sq.m. The market value represents a decrease of 70,419 JPY (-14.5%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 5 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 16.5 years old (a -5.7% decrease compared to the 17.5 years old of last year.). The average size of the real estate was 40.0 sq.m (a -59.7% decrease compared to the 99.2 sq.m of last year.). The average total floor space of the real estate was 70.0 sq.m (a -35.9% decrease compared to the 109.2 sq.m of last year.).


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)