Keisei Main Line railway market report

Keisei Main Line Land market overview

The average price of a sq.m Land of Keisei Main Line (Kounodai to Narita Airport), in Jul, 2015 to Sep, 2015 was 80,382 JPY/sq.m. The market value represents a decrease of 5,356 JPY (-6.2%) compared to 1 year ago and a transition to a bear market. 56 properties exchanged hands ( The market value represents a decrease of 18 (-24.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 331.9 sq.m (a +19.4% increase compared to the 277.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

5 stations have experienced increased prices; 7 stations have experienced decreased prices. Market value of most stations decreased. Higashinakayama, Keiseitsudanuma, Keiseiookubo station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Keiseitsudanuma station, where prices have increased +59.1% compared to last year; a sq.m unit now costs 281,818 JPY/sq.m.

The top 2 stations has seen prices increase +46.0% (+79,146 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -56.3% (-39,435 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.4% of total transactions in 2014 and 5.4% of total transactions in 2015)

Land stations market overview

The average price of a sq.m Land of Keiseitsudanuma, the highest market value along this railway was 281,818 JPY/sq.m. The market value represents an increase of 104,663 JPY (+59.1%) 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 Land of Keiseisakura, the lowest market value along this railway was 26,484 JPY/sq.m. The market value represents a decrease of 34,700 JPY (-56.7%) compared to 1 year ago and a transition to a dramatic market. 9 properties exchanged hands ( The market value represents an increase of 3 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

Keisei Main Line (Stations Land market overview)
Keisei Main LineThis year(2015)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kounodai62,500 JPYsq.m
(0.0160sq.m)
--
Ichikawamama---
Sugano---
Keiseiyawata---
Onigoe---
Keiseinakayama---
Higashinakayama216,129 JPYsq.m
(0.0310sq.m)
162,500 JPYsq.m
(0.0160sq.m)
-
Keiseinishifuna-215,384 JPYsq.m
(0.0130sq.m)
-
Kaijinn--133,333 JPYsq.m
(0.0180sq.m)
Keiseifunabashi---
Daijinnguushita276,923 JPYsq.m
(0.065.0sq.m)
-282,352 JPYsq.m
(0.085.0sq.m)
Funabashikeibajou-102,666 JPYsq.m
(0.0155sq.m)
83,333 JPYsq.m
(0.0480sq.m)
Yatsu--197,753 JPYsq.m
(0.0192sq.m)
Keiseitsudanuma281,818 JPYsq.m
(0.0110sq.m)
177,155 JPYsq.m
(0.0172sq.m)
155,555 JPYsq.m
(0.0135sq.m)
Keiseiookubo127,627 JPYsq.m
(0.0108sq.m)
100,114 JPYsq.m
(0.0365sq.m)
156,734 JPYsq.m
(0.0164sq.m)
Mimomi93,424 JPYsq.m
(0.0186sq.m)
102,390 JPYsq.m
(0.0382sq.m)
77,922 JPYsq.m
(0.0348sq.m)
Yachiyodai94,239 JPYsq.m
(0.0319sq.m)
90,805 JPYsq.m
(0.0331sq.m)
99,287 JPYsq.m
(0.0204sq.m)
Keiseioowada-77,579 JPYsq.m
(0.0181sq.m)
158,333 JPYsq.m
(0.0120sq.m)
Katsutadai34,892 JPYsq.m
(0.0227sq.m)
79,062 JPYsq.m
(0.0176sq.m)
92,284 JPYsq.m
(0.0154sq.m)
Shidu53,276 JPYsq.m
(0.0202sq.m)
63,873 JPYsq.m
(0.0233sq.m)
84,192 JPYsq.m
(0.0314sq.m)
Yu-Karigaoka103,571 JPYsq.m
(0.0301sq.m)
123,705 JPYsq.m
(0.0264sq.m)
120,870 JPYsq.m
(0.0182sq.m)
Keiseiusui49,342 JPYsq.m
(0.0570sq.m)
66,012 JPYsq.m
(0.0175sq.m)
59,330 JPYsq.m
(0.0165sq.m)
Keiseisakura26,484 JPYsq.m
(0.0381sq.m)
61,184 JPYsq.m
(0.0322sq.m)
36,776 JPYsq.m
(0.0163sq.m)
Oosakura---
Keiseishisui--48,947 JPYsq.m
(0.0203sq.m)
Sougosanndou103,509 JPYsq.m
(0.0190sq.m)
-7,142 JPYsq.m
(0.01,400sq.m)
Koudunomori56,896 JPYsq.m
(0.0886sq.m)
67,092 JPYsq.m
(0.0395sq.m)
62,210 JPYsq.m
(0.0468sq.m)
Keiseinarita50,323 JPYsq.m
(0.0270sq.m)
47,294 JPYsq.m
(0.0298sq.m)
44,024 JPYsq.m
(0.0438sq.m)
Narita Airport---

*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.

Noteworthy stations

Keiseitsudanuma281,818 JPY/sq.m (+59% compared with the previous year)

The average price of a sq.m Land of Keiseitsudanuma was 281,818 JPY/sq.m. The market value represents an increase of 104,663 JPY (+59.1%) 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 size of the real estate was 110.0 sq.m (a -36.2% decrease compared to the 172.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 11.0 min in 2014 and 3.0 min in 2015; -72.7%)

Higashinakayama216,129 JPY/sq.m (+33% compared with the previous year)

The average price of a sq.m Land of Higashinakayama was 216,129 JPY/sq.m. The market value represents an increase of 53,629 JPY (+33.0%) 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 310.0 sq.m (a +93.8% increase compared to the 160.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.0 min in 2014 and 1.0 min in 2015; -92.9%)

Keiseisakura26,484 JPY/sq.m (-57% compared with the previous year)

The average price of a sq.m Land of Keiseisakura was 26,484 JPY/sq.m. The market value represents a decrease of 34,700 JPY (-56.7%) compared to 1 year ago and a transition to a dramatic market. 9 properties exchanged hands ( The market value represents an increase of 3 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 381.1 sq.m (a +18.2% increase compared to the 322.5 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 15.0 min in 2014 and 16.6 min in 2015; +10.4%)

Katsutadai34,892 JPY/sq.m (-56% compared with the previous year)

The average price of a sq.m Land of Katsutadai was 34,892 JPY/sq.m. The market value represents a decrease of 44,171 JPY (-55.9%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 4 (-44.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 227.0 sq.m (a +28.9% increase compared to the 176.1 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 18.7 min in 2014 and 41.2 min in 2015; +120.7%)

Breakdown of each segment

Station:   Segment:

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)