Chiba Monorail Line 1 railway market report

Chiba Monorail Line 1 Land market overview

The average price of a sq.m Land of Chiba Monorail Line 1 (Chibaminato to Chiba), in Jan, 2017 to Dec, 2017 was 124,029 JPY/sq.m. The market value represents an increase of 4,319 JPY (+3.6%) compared to 1 year ago and a transition to a some market. 34 properties exchanged hands ( The market value represents a decrease of 23 (-40.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 288.1 sq.m (a +19.5% increase compared to the 241.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

1 stations have experienced increased prices; 0 stations have experienced decreased prices. The overall trend was the same as last year. Chiba station has seen a price increase of over 5% compared to last year. The most dramatic price increase was at Chiba station, where prices have increased +6.6% compared to last year; a sq.m unit now costs 124,029 JPY/sq.m.

The top 1 stations has seen prices increase +6.6% (+7,715 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +6.6% (+7,715 JPY/sq.m).


Breakdown of each segment

The table below shows Land dealt in Chiba Monorail Line 1, 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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Land stations market overview

The average price of a sq.m Land of Chiba, the highest market value along this railway was 124,029 JPY/sq.m. The market value represents an increase of 7,715 JPY (+6.6%) compared to 1 year ago and a transition to a strong market. 34 properties exchanged hands ( The market value represents a decrease of 21 (-38.2%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Chiba, the lowest market value along this railway was 124,029 JPY/sq.m. The market value represents an increase of 7,715 JPY (+6.6%) compared to 1 year ago and a transition to a strong market. 34 properties exchanged hands ( The market value represents a decrease of 21 (-38.2%) compared to 1 year ago and a transition to a dramatic market.).

Chiba Monorail Line 1 (Stations Land market overview)
Chiba Monorail Line 1This year(2017)1 year ago2 years ago
Chibaminato-276,190 JPY (0.0Y/210.0sq.m)127,210 JPY (0.0Y/440.0sq.m)
Chiba124,029 JPY (0.0Y/288.1sq.m)116,314 JPY (0.0Y/238.0sq.m)156,820 JPY (0.0Y/198.9sq.m)

*Average unit prices per sq.m of Land 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

Chiba124,029 JPY/sq.m (+7% compared with the previous year)

The average price of a sq.m Land of Chiba was 124,029 JPY/sq.m. The market value represents an increase of 7,715 JPY (+6.6%) compared to 1 year ago and a transition to a strong market. 34 properties exchanged hands ( The market value represents a decrease of 21 (-38.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 288.1 sq.m (a +21.0% increase compared to the 238.0 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)