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, 2017 to Sep, 2017 was 82,087 JPY/sq.m. The market value represents a decrease of 10,784 JPY (-11.6%) compared to 1 year ago and a transition to a weak market. 30 properties exchanged hands ( The market value represents a decrease of 15 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 360.3 sq.m (a +26.6% increase compared to the 284.6 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; 5 stations have experienced decreased prices. Market value of most stations decreased. Keiseitsudanuma, Katsutadai station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Katsutadai station, where prices have increased +47.1% compared to last year; a sq.m unit now costs 108,993 JPY/sq.m.

The top 2 stations has seen prices increase +42.4% (+52,865 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -61.5% (-38,107 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 4.4% of total transactions in 2016 and 16.7% 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 Keiseitsudanuma, the highest market value along this railway was 259,166 JPY/sq.m. The market value represents an increase of 70,834 JPY (+37.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Koudunomori, the lowest market value along this railway was 19,687 JPY/sq.m. The market value represents a decrease of 37,312 JPY (-65.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) 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--62,500 JPY (0.0Y/160.0sq.m)
Sugano---
Keiseinakayama---
Higashinakayama--216,129 JPY (0.0Y/310.0sq.m)
Keiseinishifuna-210,810 JPY (0.0Y/185.0sq.m)-
Kaijinn909 JPY (0.0Y/330.0sq.m)--
Daijinnguushita-92,857 JPY (0.0Y/140.0sq.m)276,923 JPY (0.0Y/65.0sq.m)
Funabashikeibajou---
Yatsu-340,000 JPY (0.0Y/100.0sq.m)-
Keiseitsudanuma259,166 JPY (0.0Y/185.0sq.m)188,333 JPY (0.0Y/773.3sq.m)281,818 JPY (0.0Y/110.0sq.m)
Keiseiookubo112,745 JPY (0.0Y/230.0sq.m)95,756 JPY (0.0Y/238.3sq.m)127,627 JPY (0.0Y/108.3sq.m)
Mimomi72,727 JPY (0.0Y/110.0sq.m)153,627 JPY (0.0Y/130.0sq.m)93,424 JPY (0.0Y/186.2sq.m)
Yachiyodai-93,341 JPY (0.0Y/150.8sq.m)94,239 JPY (0.0Y/319.4sq.m)
Keiseioowada---
Katsutadai108,993 JPY (0.0Y/850.0sq.m)74,097 JPY (0.0Y/192.0sq.m)34,892 JPY (0.0Y/227.0sq.m)
Shidu56,833 JPY (0.0Y/212.5sq.m)72,386 JPY (0.0Y/161.2sq.m)53,276 JPY (0.0Y/202.5sq.m)
Yu-Karigaoka104,870 JPY (0.0Y/292.5sq.m)-103,571 JPY (0.0Y/300.8sq.m)
Keiseiusui-60,606 JPY (0.0Y/165.0sq.m)49,342 JPY (0.0Y/570.0sq.m)
Keiseisakura28,750 JPY (0.0Y/893.3sq.m)67,653 JPY (0.0Y/1163.3sq.m)26,484 JPY (0.0Y/381.1sq.m)
Oosakura---
Keiseishisui-17,734 JPY (0.0Y/142.5sq.m)-
Sougosanndou--103,509 JPY (0.0Y/190.0sq.m)
Koudunomori19,687 JPY (0.0Y/155.0sq.m)56,999 JPY (0.0Y/206.4sq.m)56,896 JPY (0.0Y/886.0sq.m)
Keiseinarita43,232 JPY (0.0Y/161.7sq.m)43,618 JPY (0.0Y/172.5sq.m)50,323 JPY (0.0Y/270.0sq.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

Katsutadai108,993 JPY/sq.m (+47% compared with the previous year)

The average price of a sq.m Land of Katsutadai was 108,993 JPY/sq.m. The market value represents an increase of 34,896 JPY (+47.1%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 1 (-20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 850.0 sq.m (a +342.7% increase compared to the 192.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 32.6 min in 2016 and 26.5 min in 2017; -18.7%)

Keiseitsudanuma259,166 JPY/sq.m (+38% compared with the previous year)

The average price of a sq.m Land of Keiseitsudanuma was 259,166 JPY/sq.m. The market value represents an increase of 70,834 JPY (+37.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 185.0 sq.m (a -76.1% decrease compared to the 773.3 sq.m of last year.).

Koudunomori19,687 JPY/sq.m (-65% compared with the previous year)

The average price of a sq.m Land of Koudunomori was 19,687 JPY/sq.m. The market value represents a decrease of 37,312 JPY (-65.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 155.0 sq.m (a -24.9% decrease compared to the 206.4 sq.m of last year.).

Keiseisakura28,750 JPY/sq.m (-58% compared with the previous year)

The average price of a sq.m Land of Keiseisakura was 28,750 JPY/sq.m. The market value represents a decrease of 38,903 JPY (-57.5%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 893.3 sq.m (a -23.2% decrease compared to the 1163.3 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 11.3 min in 2016 and 19.0 min in 2017; +67.6%)

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)