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 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)

Land stations market overview

The average price of Daijinnguushita Land, 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 Keiseiusui Land, 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)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kounodai--80,030 JPYsq.m
(0.0180sq.m)
Ichikawamama---
Sugano---
Keiseiyawata---
Onigoe---
Keiseinakayama---
Higashinakayama-242,276 JPYsq.m
(0.0204sq.m)
216,129 JPYsq.m
(0.0310sq.m)
Keiseinishifuna-210,810 JPYsq.m
(0.0185sq.m)
-
Kaijinn155,931 JPYsq.m
(0.0214sq.m)
159,316 JPYsq.m
(0.0146sq.m)
199,590 JPYsq.m
(0.0116sq.m)
Keiseifunabashi---
Daijinnguushita272,727 JPYsq.m
(0.0110sq.m)
127,198 JPYsq.m
(0.0135sq.m)
276,923 JPYsq.m
(0.065.0sq.m)
Funabashikeibajou-170,201 JPYsq.m
(0.0103sq.m)
240,000 JPYsq.m
(0.0125sq.m)
Yatsu-271,855 JPYsq.m
(0.0178sq.m)
69,879 JPYsq.m
(0.0830sq.m)
Keiseitsudanuma229,058 JPYsq.m
(0.0185sq.m)
211,568 JPYsq.m
(0.0400sq.m)
222,984 JPYsq.m
(0.0212sq.m)
Keiseiookubo111,145 JPYsq.m
(0.0201sq.m)
118,657 JPYsq.m
(0.0184sq.m)
145,564 JPYsq.m
(0.0199sq.m)
Mimomi72,771 JPYsq.m
(0.0182sq.m)
95,786 JPYsq.m
(0.0373sq.m)
106,252 JPYsq.m
(0.0159sq.m)
Yachiyodai70,276 JPYsq.m
(0.0258sq.m)
98,404 JPYsq.m
(0.0185sq.m)
86,395 JPYsq.m
(0.0297sq.m)
Keiseioowada67,904 JPYsq.m
(0.0138sq.m)
92,460 JPYsq.m
(0.0153sq.m)
109,958 JPYsq.m
(0.0143sq.m)
Katsutadai90,805 JPYsq.m
(0.0521sq.m)
69,728 JPYsq.m
(0.0297sq.m)
66,761 JPYsq.m
(0.0188sq.m)
Shidu69,838 JPYsq.m
(0.0161sq.m)
53,069 JPYsq.m
(0.0232sq.m)
60,976 JPYsq.m
(0.0459sq.m)
Yu-Karigaoka72,367 JPYsq.m
(0.0455sq.m)
68,105 JPYsq.m
(0.0298sq.m)
95,700 JPYsq.m
(0.0280sq.m)
Keiseiusui28,152 JPYsq.m
(0.0280sq.m)
56,330 JPYsq.m
(0.0482sq.m)
58,451 JPYsq.m
(0.0424sq.m)
Keiseisakura32,770 JPYsq.m
(0.0517sq.m)
39,913 JPYsq.m
(0.0524sq.m)
39,357 JPYsq.m
(0.0272sq.m)
Oosakura---
Keiseishisui-25,336 JPYsq.m
(0.0328sq.m)
-
Sougosanndou-52,452 JPYsq.m
(0.0249sq.m)
68,521 JPYsq.m
(0.0236sq.m)
Koudunomori33,022 JPYsq.m
(0.0168sq.m)
45,732 JPYsq.m
(0.0404sq.m)
68,263 JPYsq.m
(0.0651sq.m)
Keiseinarita57,899 JPYsq.m
(0.0182sq.m)
37,475 JPYsq.m
(0.0329sq.m)
61,319 JPYsq.m
(0.0342sq.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

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

The average price of Daijinnguushita Land 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 Keiseinarita Land 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 Keiseiusui Land 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 Yachiyodai Land 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:

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)