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, 2017 to Jun, 2017 was 537,017 JPY/sq.m. The market value represents a decrease of 73,830 JPY (-12.1%) compared to 1 year ago and a transition to a weak market. 3 properties exchanged hands ( The market value represents a decrease of 46 (-93.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.6 years old (a +7.9% increase compared to the 20.9 years old of last year.). The average size of the real estate was 105.0 sq.m (a -31.9% decrease compared to the 154.3 sq.m of last year.). The average total floor space of the real estate was 106.7 sq.m (a -51.1% decrease compared to the 218.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle total floor space for a DINKS or an old age households less than 60 sq.m.

1 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Kanamechou station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Kanamechou station, where prices have increased +46.2% compared to last year; a sq.m unit now costs 666,666 JPY/sq.m.

The top 1 stations has seen prices increase +46.2% (+210,768 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -4.0% (-21,415 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.7 min in 2016 and 11.3 min in 2017; +30.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2016 and 66.7% 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 Kanamechou, the highest market value along this railway was 666,666 JPY/sq.m. The market value represents an increase of 210,768 JPY (+46.2%) 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 price of a sq.m Home of Chikatetsuakatsuka, the lowest market value along this railway was 435,294 JPY/sq.m. The market value represents a decrease of 14,852 JPY (-3.3%) compared to 1 year ago and a transition to a some market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) 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(2017)1 year ago2 years ago
Chikatetsunarimasu-240,000 JPY (0.3Y/115.0sq.m)-
Chikatetsuakatsuka435,294 JPY (24.3Y/75.0sq.m)450,146 JPY (9.3Y/208.3sq.m)334,057 JPY (29.3Y/101.7sq.m)
Heiwadai509,090 JPY (12.3Y/70.0sq.m)530,505 JPY (15.6Y/92.5sq.m)614,790 JPY (4.1Y/87.1sq.m)
Hikawadai-455,465 JPY (23.9Y/274.4sq.m)614,136 JPY (4.6Y/106.7sq.m)
Kotake-Mukaihara-428,176 JPY (20.3Y/93.6sq.m)549,563 JPY (9.0Y/92.8sq.m)
Sennkawa-455,323 JPY (17.3Y/50.0sq.m)572,768 JPY (0.3Y/72.5sq.m)
Kanamechou666,666 JPY (31.3Y/170.0sq.m)455,898 JPY (24.6Y/143.6sq.m)356,161 JPY (32.8Y/288.0sq.m)
Ikebukuro-2,250,264 JPY (40.9Y/250.0sq.m)680,741 JPY (35.3Y/123.8sq.m)
Zoushigaya-677,941 JPY (0.3Y/67.5sq.m)544,806 JPY (24.8Y/155.0sq.m)
Nishiwaseda-390,476 JPY (28.3Y/80.0sq.m)-
Higashishinnjuku-1,640,000 JPY (8.3Y/250.0sq.m)336,302 JPY (34.8Y/50.0sq.m)
Shinnjukusannchoume-333,333 JPY (50.3Y/80.0sq.m)-
Kitasanndou---
Shibuya-849,090 JPY (31.8Y/200.0sq.m)578,947 JPY (12.8Y/182.5sq.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

Kanamechou666,666 JPY/sq.m (+46% compared with the previous year)

The average price of a sq.m Home of Kanamechou was 666,666 JPY/sq.m. The market value represents an increase of 210,768 JPY (+46.2%) 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 31.3 years old (a +27.0% increase compared to the 24.6 years old of last year.). The average size of the real estate was 170.0 sq.m (a +18.4% increase compared to the 143.6 sq.m of last year.). The average total floor space of the real estate was 180.0 sq.m (a -26.5% decrease compared to the 245.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 24.6 years old in 2016 and 31.3 years old in 2017; +27.0%)
  • A dramatic increase in average distance from the station (representing 3.7 min in 2016 and 8.0 min in 2017; +115.4%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 16.7% of total transactions in 2016 and 100.0% of total transactions in 2017)

Heiwadai509,090 JPY/sq.m (-4% compared with the previous year)

The average price of a sq.m Home of Heiwadai was 509,090 JPY/sq.m. The market value represents a decrease of 21,415 JPY (-4.0%) compared to 1 year ago and a transition to a some 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 12.3 years old (a -21.4% decrease compared to the 15.6 years old of last year.). The average size of the real estate was 70.0 sq.m (a -24.3% decrease compared to the 92.5 sq.m of last year.). The average total floor space of the real estate was 55.0 sq.m (a -37.1% decrease compared to the 87.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 15.6 years old in 2016 and 12.3 years old in 2017; -21.4%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.8 min in 2016 and 16.0 min in 2017; +62.7%)

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)