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 Jan, 2017 to Dec, 2017 was 86,492 JPY/sq.m. The market value represents a decrease of 4,480 JPY (-4.9%) compared to 1 year ago and a transition to a some market. 81 properties exchanged hands ( The market value represents a decrease of 161 (-66.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 266.0 sq.m (a -8.4% decrease compared to the 290.4 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.

6 stations have experienced increased prices; 8 stations have experienced decreased prices. Market value of most stations decreased. Katsutadai, Shidu, Keiseinarita station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Daijinnguushita station, where prices have increased +114.4% compared to last year; a sq.m unit now costs 272,727 JPY/sq.m.

The top 2 stations has seen prices increase +84.5% (+82,976 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -39.3% (-28,153 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 8.3% of total transactions in 2016 and 14.8% 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 Daijinnguushita, the highest market value along this railway was 272,727 JPY/sq.m. The market value represents an increase of 145,530 JPY (+114.4%) 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 Keiseiusui, the lowest market value along this railway was 28,152 JPY/sq.m. The market value represents a decrease of 28,178 JPY (-50.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 8 (-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--80,030 JPY (0.0Y/180.0sq.m)
Sugano---
Keiseinakayama---
Higashinakayama-242,276 JPY (0.0Y/204.0sq.m)216,129 JPY (0.0Y/310.0sq.m)
Keiseinishifuna-210,810 JPY (0.0Y/185.0sq.m)-
Kaijinn155,931 JPY (0.0Y/213.8sq.m)159,316 JPY (0.0Y/146.4sq.m)199,590 JPY (0.0Y/116.2sq.m)
Daijinnguushita272,727 JPY (0.0Y/110.0sq.m)127,198 JPY (0.0Y/135.0sq.m)276,923 JPY (0.0Y/65.0sq.m)
Funabashikeibajou-170,201 JPY (0.0Y/103.3sq.m)240,000 JPY (0.0Y/125.0sq.m)
Yatsu-271,855 JPY (0.0Y/177.5sq.m)69,879 JPY (0.0Y/830.0sq.m)
Keiseitsudanuma229,058 JPY (0.0Y/185.0sq.m)211,568 JPY (0.0Y/400.5sq.m)222,984 JPY (0.0Y/212.5sq.m)
Keiseiookubo111,145 JPY (0.0Y/200.8sq.m)118,657 JPY (0.0Y/184.3sq.m)145,564 JPY (0.0Y/198.7sq.m)
Mimomi72,771 JPY (0.0Y/182.5sq.m)95,786 JPY (0.0Y/373.0sq.m)106,252 JPY (0.0Y/159.4sq.m)
Yachiyodai70,276 JPY (0.0Y/257.9sq.m)98,404 JPY (0.0Y/185.0sq.m)86,395 JPY (0.0Y/296.8sq.m)
Keiseioowada67,904 JPY (0.0Y/137.5sq.m)92,460 JPY (0.0Y/153.0sq.m)109,958 JPY (0.0Y/142.8sq.m)
Katsutadai90,805 JPY (0.0Y/521.2sq.m)69,728 JPY (0.0Y/296.7sq.m)66,761 JPY (0.0Y/188.0sq.m)
Shidu69,838 JPY (0.0Y/161.0sq.m)53,069 JPY (0.0Y/232.1sq.m)60,976 JPY (0.0Y/459.2sq.m)
Yu-Karigaoka72,367 JPY (0.0Y/455.0sq.m)68,105 JPY (0.0Y/297.7sq.m)95,700 JPY (0.0Y/280.4sq.m)
Keiseiusui28,152 JPY (0.0Y/280.0sq.m)56,330 JPY (0.0Y/482.0sq.m)58,451 JPY (0.0Y/423.9sq.m)
Keiseisakura32,770 JPY (0.0Y/517.1sq.m)39,913 JPY (0.0Y/523.9sq.m)39,357 JPY (0.0Y/271.9sq.m)
Oosakura---
Keiseishisui-25,336 JPY (0.0Y/328.0sq.m)-
Sougosanndou-52,452 JPY (0.0Y/249.0sq.m)68,521 JPY (0.0Y/235.8sq.m)
Koudunomori33,022 JPY (0.0Y/168.0sq.m)45,732 JPY (0.0Y/404.5sq.m)68,263 JPY (0.0Y/651.1sq.m)
Keiseinarita57,899 JPY (0.0Y/182.0sq.m)37,475 JPY (0.0Y/329.4sq.m)61,319 JPY (0.0Y/342.5sq.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

Daijinnguushita272,727 JPY/sq.m (+114% compared with the previous year)

The average price of a sq.m Land of Daijinnguushita was 272,727 JPY/sq.m. The market value represents an increase of 145,530 JPY (+114.4%) 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 110.0 sq.m (a -18.5% decrease compared to the 135.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.5 min in 2016 and 8.0 min in 2017; +45.5%)

Keiseinarita57,899 JPY/sq.m (+54% compared with the previous year)

The average price of a sq.m Land of Keiseinarita was 57,899 JPY/sq.m. The market value represents an increase of 20,423 JPY (+54.5%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 3 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 182.0 sq.m (a -44.7% decrease compared to the 329.4 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 34.1 min in 2016 and 23.0 min in 2017; -32.6%)

Keiseiusui28,152 JPY/sq.m (-50% compared with the previous year)

The average price of a sq.m Land of Keiseiusui was 28,152 JPY/sq.m. The market value represents a decrease of 28,178 JPY (-50.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 8 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 280.0 sq.m (a -41.9% decrease compared to the 482.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 16.2 min in 2016 and 21.5 min in 2017; +32.7%)

Yachiyodai70,276 JPY/sq.m (-29% compared with the previous year)

The average price of a sq.m Land of Yachiyodai was 70,276 JPY/sq.m. The market value represents a decrease of 28,128 JPY (-28.6%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 22 (-75.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 257.9 sq.m (a +39.4% increase compared to the 185.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.1 min in 2016 and 22.9 min in 2017; +33.4%)

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)