Tokyo Metro Fukutoshin Line Tokyo 2017-1Q
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, 2017 to Mar, 2017 was 758,331 JPY/sq.m. The market value represents an increase of 224,649 JPY (+42.1%) compared to 1 year ago and a transition to a dramatic market. 20 properties exchanged hands ( The market value represents a decrease of 9 (-31.0%) 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 +35.1% increase compared to the 18.5 years old of last year.). The average size of the real estate was 218.2 sq.m (a +58.8% increase compared to the 137.4 sq.m of last year.). The average total floor space of the real estate was 292.2 sq.m (a +41.4% increase compared to the 206.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large total floor space more than 200 sq.m, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

2 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 Chikatetsuakatsuka station, where prices have increased +126.9% compared to last year; a sq.m unit now costs 660,000 JPY/sq.m.

The top 2 stations has seen prices increase +83.3% (+280,083 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -46.9% (-379,835 JPY/sq.m).

Cause of price increases

  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 30.8% of total transactions in 2016 and 27.8% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 18.5 years old in 2016 and 25.0 years old in 2017; +35.1%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 15.4% of total transactions in 2016 and 27.8% of total transactions in 2017)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 42.3% of total transactions in 2016 and 27.8% of total transactions in 2017)

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 Zoushigaya, the highest market value along this railway was 739,130 JPY/sq.m. The market value represents a decrease of 1,610 JPY (-0.2%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Home of Kotake-Mukaihara, the lowest market value along this railway was 269,230 JPY/sq.m. The market value represents a decrease of 339,148 JPY (-55.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) 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(2017)1 year ago2 years ago
Chikatetsunarimasu-481,424 JPY (1.0Y/100.0sq.m)-
Chikatetsuakatsuka660,000 JPY (0.0Y/100.0sq.m)290,909 JPY (30.0Y/45.0sq.m)434,226 JPY (26.2Y/167.1sq.m)
Heiwadai670,909 JPY (21.0Y/551.2sq.m)479,833 JPY (13.8Y/102.5sq.m)604,325 JPY (9.7Y/106.7sq.m)
Hikawadai394,736 JPY (18.0Y/380.0sq.m)539,474 JPY (14.5Y/657.5sq.m)501,713 JPY (19.0Y/191.7sq.m)
Kotake-Mukaihara269,230 JPY (37.0Y/100.0sq.m)608,378 JPY (6.7Y/72.5sq.m)552,143 JPY (7.9Y/123.6sq.m)
Sennkawa-475,686 JPY (25.8Y/106.2sq.m)-
Kanamechou421,690 JPY (27.0Y/130.0sq.m)497,618 JPY (19.5Y/70.0sq.m)449,910 JPY (11.5Y/192.5sq.m)
Ikebukuro135,294 JPY (29.0Y/42.5sq.m)-476,239 JPY (30.5Y/375.8sq.m)
Zoushigaya739,130 JPY (30.0Y/185.0sq.m)740,740 JPY (9.0Y/90.0sq.m)272,727 JPY (18.0Y/177.5sq.m)
Nishiwaseda-598,484 JPY (32.5Y/90.0sq.m)500,000 JPY (18.0Y/50.0sq.m)
Higashishinnjuku485,714 JPY (44.0Y/220.0sq.m)505,050 JPY (47.0Y/340.0sq.m)511,111 JPY (53.0Y/40.0sq.m)
Shinnjukusannchoume682,926 JPY (12.0Y/150.0sq.m)1,103,448 JPY (0.0Y/125.0sq.m)424,000 JPY (22.5Y/140.0sq.m)
Kitasanndou--928,571 JPY (2.0Y/395.0sq.m)
Shibuya2,048,821 JPY (21.7Y/68.3sq.m)-3,180,105 JPY (23.5Y/91.2sq.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

Chikatetsuakatsuka660,000 JPY/sq.m (+127% compared with the previous year)

The average price of a sq.m Home of Chikatetsuakatsuka was 660,000 JPY/sq.m. The market value represents an increase of 369,091 JPY (+126.9%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 0.0 years old (a -100.0% decrease compared to the 30.0 years old of last year.). The average size of the real estate was 100.0 sq.m (a +122.2% increase compared to the 45.0 sq.m of last year.). The average total floor space of the real estate was 100.0 sq.m (a +81.8% increase compared to the 55.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 30.0 years old in 2016 and 0.0 years old in 2017; -100.0%)
  • A dramatic decrease in average distance from the station (representing 14.0 min in 2016 and 6.0 min in 2017; -57.1%)

Heiwadai670,909 JPY/sq.m (+40% compared with the previous year)

The average price of a sq.m Home of Heiwadai was 670,909 JPY/sq.m. The market value represents an increase of 191,076 JPY (+39.8%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 2 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.0 years old (a +51.8% increase compared to the 13.8 years old of last year.). The average size of the real estate was 551.2 sq.m (a +437.8% increase compared to the 102.5 sq.m of last year.). The average total floor space of the real estate was 568.8 sq.m (a +370.7% increase compared to the 120.8 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 11.5 min in 2016 and 8.5 min in 2017; -26.1%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2016 and 25.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 13.8 years old in 2016 and 21.0 years old in 2017; +51.8%)
  • A slight decrease in transactions involving nearly new buildings under 3 years old (representing 50.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

Kotake-Mukaihara269,230 JPY/sq.m (-56% compared with the previous year)

The average price of a sq.m Home of Kotake-Mukaihara was 269,230 JPY/sq.m. The market value represents a decrease of 339,148 JPY (-55.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 37.0 years old (a +454.9% increase compared to the 6.7 years old of last year.). The average size of the real estate was 100.0 sq.m (a +37.9% increase compared to the 72.5 sq.m of last year.). The average total floor space of the real estate was 260.0 sq.m (a +264.9% increase compared to the 71.2 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 8.2 min in 2016 and 7.0 min in 2017; -15.2%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 6.7 years old in 2016 and 37.0 years old in 2017; +454.9%)

Shinnjukusannchoume682,926 JPY/sq.m (-38% compared with the previous year)

The average price of a sq.m Home of Shinnjukusannchoume was 682,926 JPY/sq.m. The market value represents a decrease of 420,522 JPY (-38.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 150.0 sq.m (a +20.0% increase compared to the 125.0 sq.m of last year.). The average total floor space of the real estate was 410.0 sq.m (a +41.4% increase compared to the 290.0 sq.m of last year.).

Causes of price decreases

  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

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)