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)

Breakdown of each segment

The table below shows Land dealt in Keisei Main 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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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)1 year ago2 years ago
Kounodai62,500 JPY (0.0Y/160.0sq.m)--
Sugano---
Keiseinakayama---
Higashinakayama216,129 JPY (0.0Y/310.0sq.m)162,500 JPY (0.0Y/160.0sq.m)-
Keiseinishifuna-215,384 JPY (0.0Y/130.0sq.m)-
Kaijinn--133,333 JPY (0.0Y/180.0sq.m)
Daijinnguushita276,923 JPY (0.0Y/65.0sq.m)-282,352 JPY (0.0Y/85.0sq.m)
Funabashikeibajou-102,666 JPY (0.0Y/155.0sq.m)83,333 JPY (0.0Y/480.0sq.m)
Yatsu--197,753 JPY (0.0Y/191.7sq.m)
Keiseitsudanuma281,818 JPY (0.0Y/110.0sq.m)177,155 JPY (0.0Y/172.5sq.m)155,555 JPY (0.0Y/135.0sq.m)
Keiseiookubo127,627 JPY (0.0Y/108.3sq.m)100,114 JPY (0.0Y/365.0sq.m)156,734 JPY (0.0Y/164.2sq.m)
Mimomi93,424 JPY (0.0Y/186.2sq.m)102,390 JPY (0.0Y/382.0sq.m)77,922 JPY (0.0Y/348.2sq.m)
Yachiyodai94,239 JPY (0.0Y/319.4sq.m)90,805 JPY (0.0Y/331.1sq.m)99,287 JPY (0.0Y/203.9sq.m)
Keiseioowada-77,579 JPY (0.0Y/181.0sq.m)158,333 JPY (0.0Y/120.0sq.m)
Katsutadai34,892 JPY (0.0Y/227.0sq.m)79,062 JPY (0.0Y/176.1sq.m)92,284 JPY (0.0Y/153.9sq.m)
Shidu53,276 JPY (0.0Y/202.5sq.m)63,873 JPY (0.0Y/233.1sq.m)84,192 JPY (0.0Y/313.6sq.m)
Yu-Karigaoka103,571 JPY (0.0Y/300.8sq.m)123,705 JPY (0.0Y/263.8sq.m)120,870 JPY (0.0Y/182.5sq.m)
Keiseiusui49,342 JPY (0.0Y/570.0sq.m)66,012 JPY (0.0Y/175.0sq.m)59,330 JPY (0.0Y/165.0sq.m)
Keiseisakura26,484 JPY (0.0Y/381.1sq.m)61,184 JPY (0.0Y/322.5sq.m)36,776 JPY (0.0Y/163.3sq.m)
Oosakura---
Keiseishisui--48,947 JPY (0.0Y/203.3sq.m)
Sougosanndou103,509 JPY (0.0Y/190.0sq.m)-7,142 JPY (0.0Y/1400.0sq.m)
Koudunomori56,896 JPY (0.0Y/886.0sq.m)67,092 JPY (0.0Y/395.0sq.m)62,210 JPY (0.0Y/468.2sq.m)
Keiseinarita50,323 JPY (0.0Y/270.0sq.m)47,294 JPY (0.0Y/297.5sq.m)44,024 JPY (0.0Y/438.3sq.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.

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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:

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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)