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 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)

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 Kaijinn, 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 a sq.m Land of Keiseioowada, 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)1 year ago2 years ago
Kounodai--82,352 JPY (0.0Y/170.0sq.m)
Sugano---
Keiseinakayama---
Higashinakayama-175,877 JPY (0.0Y/347.5sq.m)-
Keiseinishifuna---
Kaijinn214,814 JPY (0.0Y/135.0sq.m)130,504 JPY (0.0Y/212.5sq.m)157,894 JPY (0.0Y/95.0sq.m)
Daijinnguushita-161,538 JPY (0.0Y/130.0sq.m)-
Funabashikeibajou-146,969 JPY (0.0Y/95.0sq.m)-
Yatsu-340,000 JPY (0.0Y/100.0sq.m)69,879 JPY (0.0Y/830.0sq.m)
Keiseitsudanuma-209,419 JPY (0.0Y/300.8sq.m)272,916 JPY (0.0Y/160.0sq.m)
Keiseiookubo130,434 JPY (0.0Y/115.0sq.m)97,990 JPY (0.0Y/202.2sq.m)159,677 JPY (0.0Y/215.0sq.m)
Mimomi-77,784 JPY (0.0Y/272.0sq.m)122,203 JPY (0.0Y/159.0sq.m)
Yachiyodai-125,647 JPY (0.0Y/191.9sq.m)63,896 JPY (0.0Y/376.7sq.m)
Keiseioowada89,655 JPY (0.0Y/145.0sq.m)83,333 JPY (0.0Y/142.5sq.m)141,666 JPY (0.0Y/120.0sq.m)
Katsutadai-105,909 JPY (0.0Y/190.0sq.m)87,875 JPY (0.0Y/155.0sq.m)
Shidu-59,180 JPY (0.0Y/157.0sq.m)53,066 JPY (0.0Y/534.0sq.m)
Yu-Karigaoka-85,167 JPY (0.0Y/260.8sq.m)74,747 JPY (0.0Y/172.5sq.m)
Keiseiusui-56,245 JPY (0.0Y/385.0sq.m)51,947 JPY (0.0Y/301.4sq.m)
Keiseisakura-29,237 JPY (0.0Y/211.7sq.m)52,013 JPY (0.0Y/160.0sq.m)
Oosakura---
Keiseishisui-35,606 JPY (0.0Y/427.5sq.m)-
Sougosanndou-90,727 JPY (0.0Y/127.5sq.m)-
Koudunomori-41,038 JPY (0.0Y/475.7sq.m)77,419 JPY (0.0Y/155.0sq.m)
Keiseinarita-32,301 JPY (0.0Y/490.0sq.m)77,669 JPY (0.0Y/500.0sq.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

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

The average price of a sq.m Land of Kaijinn 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 a sq.m Land of Keiseioowada 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:

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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)