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 Oct, 2017 to Dec, 2017 was 95,245 JPY/sq.m. The market value represents a decrease of 6,543 JPY (-6.4%) compared to 1 year ago and a transition to a bear market. 26 properties exchanged hands ( The market value represents a decrease of 28 (-51.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 179.0 sq.m (a -46.0% decrease compared to the 331.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

6 stations have experienced increased prices; 4 stations have experienced decreased prices. Market value of most stations decreased. Katsutadai, Shidu, Yu-Karigaoka, Keiseisakura station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Shidu station, where prices have increased +75.9% compared to last year; a sq.m unit now costs 99,497 JPY/sq.m.

The top 2 stations has seen prices increase +74.7% (+35,266 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -35.4% (-26,281 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 11.1% of total transactions in 2016 and 15.4% 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 236,363 JPY/sq.m. The market value represents a decrease of 4,887 JPY (-2.0%) compared to 1 year ago and a transition to a slight 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 Keiseiusui, the lowest market value along this railway was 35,000 JPY/sq.m. The market value represents a decrease of 30,758 JPY (-46.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) 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--95,238 JPY (0.0Y/210.0sq.m)
Sugano---
Keiseinakayama---
Higashinakayama-342,856 JPY (0.0Y/105.0sq.m)-
Keiseinishifuna---
Kaijinn204,000 JPY (0.0Y/195.0sq.m)198,484 JPY (0.0Y/137.5sq.m)208,696 JPY (0.0Y/120.0sq.m)
Daijinnguushita---
Funabashikeibajou-216,666 JPY (0.0Y/120.0sq.m)240,000 JPY (0.0Y/125.0sq.m)
Yatsu-230,000 JPY (0.0Y/200.0sq.m)-
Keiseitsudanuma236,363 JPY (0.0Y/110.0sq.m)241,250 JPY (0.0Y/140.0sq.m)-
Keiseiookubo127,336 JPY (0.0Y/111.7sq.m)136,532 JPY (0.0Y/152.1sq.m)124,000 JPY (0.0Y/133.0sq.m)
Mimomi76,688 JPY (0.0Y/200.0sq.m)74,020 JPY (0.0Y/668.1sq.m)128,904 JPY (0.0Y/117.5sq.m)
Yachiyodai68,841 JPY (0.0Y/251.0sq.m)90,644 JPY (0.0Y/236.0sq.m)138,824 JPY (0.0Y/135.0sq.m)
Keiseioowada--101,799 JPY (0.0Y/130.0sq.m)
Katsutadai77,163 JPY (0.0Y/192.5sq.m)59,862 JPY (0.0Y/397.8sq.m)69,876 JPY (0.0Y/198.1sq.m)
Shidu99,497 JPY (0.0Y/136.7sq.m)56,550 JPY (0.0Y/153.8sq.m)69,416 JPY (0.0Y/633.8sq.m)
Yu-Karigaoka65,185 JPY (0.0Y/135.0sq.m)37,600 JPY (0.0Y/125.0sq.m)101,515 JPY (0.0Y/225.0sq.m)
Keiseiusui35,000 JPY (0.0Y/100.0sq.m)65,758 JPY (0.0Y/642.0sq.m)68,769 JPY (0.0Y/316.7sq.m)
Keiseisakura45,864 JPY (0.0Y/175.0sq.m)36,000 JPY (0.0Y/225.0sq.m)59,383 JPY (0.0Y/152.5sq.m)
Oosakura---
Keiseishisui-20,000 JPY (0.0Y/500.0sq.m)-
Sougosanndou--33,533 JPY (0.0Y/281.7sq.m)
Koudunomori-46,878 JPY (0.0Y/191.7sq.m)35,625 JPY (0.0Y/1600.0sq.m)
Keiseinarita-91,891 JPY (0.0Y/185.0sq.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

Shidu99,497 JPY/sq.m (+76% compared with the previous year)

The average price of a sq.m Land of Shidu was 99,497 JPY/sq.m. The market value represents an increase of 42,948 JPY (+75.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 136.7 sq.m (a -11.1% decrease compared to the 153.8 sq.m of last year.).

Yu-Karigaoka65,185 JPY/sq.m (+73% compared with the previous year)

The average price of a sq.m Land of Yu-Karigaoka was 65,185 JPY/sq.m. The market value represents an increase of 27,585 JPY (+73.4%) 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 135.0 sq.m (a +8.0% increase compared to the 125.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.0 min in 2016 and 8.0 min in 2017; -46.7%)

Keiseiusui35,000 JPY/sq.m (-47% compared with the previous year)

The average price of a sq.m Land of Keiseiusui was 35,000 JPY/sq.m. The market value represents a decrease of 30,758 JPY (-46.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 100.0 sq.m (a -84.4% decrease compared to the 642.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 15.6 min in 2016 and 13.0 min in 2017; -16.7%)

Yachiyodai68,841 JPY/sq.m (-24% compared with the previous year)

The average price of a sq.m Land of Yachiyodai was 68,841 JPY/sq.m. The market value represents a decrease of 21,803 JPY (-24.1%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 251.0 sq.m (a +6.4% increase compared to the 236.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 15.4 min in 2016 and 24.8 min in 2017; +61.0%)

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)