Keisei Main Line railway market report

Keisei Main Line Land market overview

The average price of Keisei Main Line (Kounodai to Narita Airport) Land, in Jan, 2015 to Dec, 2015 was 88,551 JPY/sq.m. The market value represents an increase of 3,389 JPY (+4.0%) compared to 1 year ago and a transition to a some market. 200 properties exchanged hands ( The market value represents a decrease of 28 (-12.3%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 297.1 sq.m (a -7.2% decrease compared to the 320.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

9 stations have experienced increased prices; 7 stations have experienced decreased prices. Market value of most stations decreased. Higashinakayama, Kaijinn, Funabashikeibajou, Keiseitsudanuma, Keiseiookubo, Mimomi, Keiseioowada, Keiseiusui, Keiseinarita station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Funabashikeibajou station, where prices have increased +73.0% compared to last year; a sq.m unit now costs 240,000 JPY/sq.m.

The top 2 stations has seen prices increase +60.5% (+60,579 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -31.4% (-35,280 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.0% of total transactions in 2014 and 8.5% of total transactions in 2015)

Land stations market overview

The average price of Funabashikeibajou Land, the highest market value along this railway was 240,000 JPY/sq.m. The market value represents an increase of 101,241 JPY (+73.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 3 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Keiseisakura Land, the lowest market value along this railway was 39,357 JPY/sq.m. The market value represents a decrease of 5,243 JPY (-11.8%) compared to 1 year ago and a transition to a weak market. 18 properties exchanged hands ( The market value represents an increase of 3 (+20.0%) 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.)
Kounodai80,030 JPYsq.m
(0.0180sq.m)
-119,047 JPYsq.m
(0.0210sq.m)
Ichikawamama---
Sugano--275,000 JPYsq.m
(0.0120sq.m)
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)
-
Kaijinn199,590 JPYsq.m
(0.0116sq.m)
164,830 JPYsq.m
(0.0320sq.m)
133,333 JPYsq.m
(0.0180sq.m)
Keiseifunabashi---
Daijinnguushita276,923 JPYsq.m
(0.065.0sq.m)
-214,509 JPYsq.m
(0.073.3sq.m)
Funabashikeibajou240,000 JPYsq.m
(0.0125sq.m)
138,759 JPYsq.m
(0.0121sq.m)
189,119 JPYsq.m
(0.0333sq.m)
Yatsu69,879 JPYsq.m
(0.0830sq.m)
125,000 JPYsq.m
(0.0400sq.m)
167,229 JPYsq.m
(0.0258sq.m)
Keiseitsudanuma222,984 JPYsq.m
(0.0212sq.m)
162,393 JPYsq.m
(0.0146sq.m)
233,778 JPYsq.m
(0.0130sq.m)
Keiseiookubo145,564 JPYsq.m
(0.0199sq.m)
115,724 JPYsq.m
(0.0400sq.m)
140,994 JPYsq.m
(0.0174sq.m)
Mimomi106,252 JPYsq.m
(0.0159sq.m)
85,149 JPYsq.m
(0.0349sq.m)
98,511 JPYsq.m
(0.0274sq.m)
Yachiyodai86,395 JPYsq.m
(0.0297sq.m)
100,517 JPYsq.m
(0.0227sq.m)
86,106 JPYsq.m
(0.0280sq.m)
Keiseioowada109,958 JPYsq.m
(0.0143sq.m)
90,686 JPYsq.m
(0.0189sq.m)
94,424 JPYsq.m
(0.0158sq.m)
Katsutadai66,761 JPYsq.m
(0.0188sq.m)
82,200 JPYsq.m
(0.0197sq.m)
81,893 JPYsq.m
(0.0331sq.m)
Shidu60,976 JPYsq.m
(0.0459sq.m)
60,983 JPYsq.m
(0.0262sq.m)
80,590 JPYsq.m
(0.0336sq.m)
Yu-Karigaoka95,700 JPYsq.m
(0.0280sq.m)
114,395 JPYsq.m
(0.0235sq.m)
110,421 JPYsq.m
(0.0235sq.m)
Keiseiusui58,451 JPYsq.m
(0.0424sq.m)
47,505 JPYsq.m
(0.0320sq.m)
55,473 JPYsq.m
(0.0322sq.m)
Keiseisakura39,357 JPYsq.m
(0.0272sq.m)
44,600 JPYsq.m
(0.0395sq.m)
42,692 JPYsq.m
(0.0312sq.m)
Oosakura--5,571 JPYsq.m
(0.0335sq.m)
Keiseishisui--41,973 JPYsq.m
(0.0200sq.m)
Sougosanndou68,521 JPYsq.m
(0.0236sq.m)
-5,658 JPYsq.m
(0.0758sq.m)
Koudunomori68,263 JPYsq.m
(0.0651sq.m)
80,972 JPYsq.m
(0.0438sq.m)
74,411 JPYsq.m
(0.0627sq.m)
Keiseinarita61,319 JPYsq.m
(0.0342sq.m)
41,402 JPYsq.m
(0.0510sq.m)
37,127 JPYsq.m
(0.0499sq.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

Funabashikeibajou240,000 JPY/sq.m (+73% compared with the previous year)

The average price of Funabashikeibajou Land was 240,000 JPY/sq.m. The market value represents an increase of 101,241 JPY (+73.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 3 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 125.0 sq.m (a +3.3% increase compared to the 121.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.2 min in 2014 and 6.0 min in 2015; +42.9%)

Keiseinarita61,319 JPY/sq.m (+48% compared with the previous year)

The average price of Keiseinarita Land was 61,319 JPY/sq.m. The market value represents an increase of 19,917 JPY (+48.1%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents a decrease of 8 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 342.5 sq.m (a -32.9% decrease compared to the 510.3 sq.m of last year.).

Yatsu69,879 JPY/sq.m (-44% compared with the previous year)

The average price of Yatsu Land was 69,879 JPY/sq.m. The market value represents a decrease of 55,121 JPY (-44.1%) 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 830.0 sq.m (a +107.5% increase compared to the 400.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2014 and 11.0 min in 2015; +37.5%)

Katsutadai66,761 JPY/sq.m (-19% compared with the previous year)

The average price of Katsutadai Land was 66,761 JPY/sq.m. The market value represents a decrease of 15,438 JPY (-18.8%) compared to 1 year ago and a transition to a weak market. 23 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 188.0 sq.m (a -4.5% decrease compared to the 197.0 sq.m of last year.).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.3% of total transactions in 2014 and 8.7% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 19.6 min in 2014 and 27.3 min in 2015; +39.3%)

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)