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 Apr, 2017 to Jun, 2017 was 144,968 JPY/sq.m. The market value represents an increase of 50,986 JPY (+54.3%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 77 (-96.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 131.7 sq.m (a -53.2% decrease compared to the 281.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

3 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased. Kaijinn, Keiseiookubo station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Kaijinn station, where prices have increased +64.6% compared to last year; a sq.m unit now costs 214,814 JPY/sq.m.

The top 1 stations has seen prices increase +64.6% (+84,310 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +7.6% (+6,322 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.6 min in 2016 and 8.0 min in 2017; -59.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.5% of total transactions in 2016 and 66.7% of total transactions in 2017)

Land stations market overview

The average price of Kaijinn Land, the highest market value along this railway was 214,814 JPY/sq.m. The market value represents an increase of 84,310 JPY (+64.6%) 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 Keiseioowada Land, the lowest market value along this railway was 89,655 JPY/sq.m. The market value represents an increase of 6,322 JPY (+7.6%) compared to 1 year ago and a transition to a strong 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.).

Keisei Main Line (Stations Land market overview)
Keisei Main LineThis year(2017)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kounodai--82,352 JPYsq.m
(0.0170sq.m)
Ichikawamama---
Sugano---
Keiseiyawata---
Onigoe---
Keiseinakayama---
Higashinakayama-175,877 JPYsq.m
(0.0348sq.m)
-
Keiseinishifuna---
Kaijinn214,814 JPYsq.m
(0.0135sq.m)
130,504 JPYsq.m
(0.0212sq.m)
157,894 JPYsq.m
(0.095.0sq.m)
Keiseifunabashi---
Daijinnguushita-161,538 JPYsq.m
(0.0130sq.m)
-
Funabashikeibajou-146,969 JPYsq.m
(0.095.0sq.m)
-
Yatsu-340,000 JPYsq.m
(0.0100sq.m)
69,879 JPYsq.m
(0.0830sq.m)
Keiseitsudanuma-209,419 JPYsq.m
(0.0301sq.m)
272,916 JPYsq.m
(0.0160sq.m)
Keiseiookubo130,434 JPYsq.m
(0.0115sq.m)
97,990 JPYsq.m
(0.0202sq.m)
159,677 JPYsq.m
(0.0215sq.m)
Mimomi-77,784 JPYsq.m
(0.0272sq.m)
122,203 JPYsq.m
(0.0159sq.m)
Yachiyodai-125,647 JPYsq.m
(0.0192sq.m)
63,896 JPYsq.m
(0.0377sq.m)
Keiseioowada89,655 JPYsq.m
(0.0145sq.m)
83,333 JPYsq.m
(0.0142sq.m)
141,666 JPYsq.m
(0.0120sq.m)
Katsutadai-105,909 JPYsq.m
(0.0190sq.m)
87,875 JPYsq.m
(0.0155sq.m)
Shidu-59,180 JPYsq.m
(0.0157sq.m)
53,066 JPYsq.m
(0.0534sq.m)
Yu-Karigaoka-85,167 JPYsq.m
(0.0261sq.m)
74,747 JPYsq.m
(0.0172sq.m)
Keiseiusui-56,245 JPYsq.m
(0.0385sq.m)
51,947 JPYsq.m
(0.0301sq.m)
Keiseisakura-29,237 JPYsq.m
(0.0212sq.m)
52,013 JPYsq.m
(0.0160sq.m)
Oosakura---
Keiseishisui-35,606 JPYsq.m
(0.0428sq.m)
-
Sougosanndou-90,727 JPYsq.m
(0.0128sq.m)
-
Koudunomori-41,038 JPYsq.m
(0.0476sq.m)
77,419 JPYsq.m
(0.0155sq.m)
Keiseinarita-32,301 JPYsq.m
(0.0490sq.m)
77,669 JPYsq.m
(0.0500sq.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

Kaijinn214,814 JPY/sq.m (+65% compared with the previous year)

The average price of Kaijinn Land was 214,814 JPY/sq.m. The market value represents an increase of 84,310 JPY (+64.6%) 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 135.0 sq.m (a -36.5% decrease compared to the 212.5 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 50.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

Keiseioowada89,655 JPY/sq.m (+8% compared with the previous year)

The average price of Keiseioowada Land was 89,655 JPY/sq.m. The market value represents an increase of 6,322 JPY (+7.6%) compared to 1 year ago and a transition to a strong 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 145.0 sq.m (a +1.8% increase compared to the 142.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 9.0 min in 2016 and 3.0 min in 2017; -66.7%)

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)