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 Apr, 2018 to Jun, 2018 was 109,524 JPY/sq.m. The market value represents a decrease of 35,443 JPY (-24.4%) compared to 1 year ago and a transition to a dramatic market. 29 properties exchanged hands ( The market value represents an increase of 26 (+866.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 169.7 sq.m (a +28.9% increase compared to the 131.7 sq.m of last year.).

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

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Keiseiookubo station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Keiseiookubo station, where prices have increased +53.5% compared to last year; a sq.m unit now costs 200,244 JPY/sq.m.

The top 1 stations has seen prices increase +53.5% (+69,810 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -35.7% (-31,963 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2017 and 15.7 min in 2018; +96.1%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 66.7% of total transactions in 2017 and 10.3% of total transactions in 2018)

Land stations market overview

The average price of Keiseiookubo Land, the highest market value along this railway was 200,244 JPY/sq.m. The market value represents an increase of 69,810 JPY (+53.5%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Keiseioowada Land, the lowest market value along this railway was 57,692 JPY/sq.m. The market value represents a decrease of 31,963 JPY (-35.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Keisei Main Line (Stations Land market overview)
Keisei Main LineThis year(2018)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kounodai---
Ichikawamama---
Sugano20,000 JPYsq.m
(0.075.0sq.m)
--
Keiseiyawata---
Onigoe---
Keiseinakayama---
Higashinakayama--175,877 JPYsq.m
(0.0348sq.m)
Keiseinishifuna---
Kaijinn-214,814 JPYsq.m
(0.0135sq.m)
130,504 JPYsq.m
(0.0212sq.m)
Keiseifunabashi---
Daijinnguushita240,000 JPYsq.m
(0.0100sq.m)
-161,538 JPYsq.m
(0.0130sq.m)
Funabashikeibajou322,222 JPYsq.m
(0.090.0sq.m)
-146,969 JPYsq.m
(0.095.0sq.m)
Yatsu--340,000 JPYsq.m
(0.0100sq.m)
Keiseitsudanuma199,394 JPYsq.m
(0.0120sq.m)
-209,419 JPYsq.m
(0.0301sq.m)
Keiseiookubo200,244 JPYsq.m
(0.0118sq.m)
130,434 JPYsq.m
(0.0115sq.m)
97,990 JPYsq.m
(0.0202sq.m)
Mimomi69,767 JPYsq.m
(0.0121sq.m)
-77,784 JPYsq.m
(0.0272sq.m)
Yachiyodai114,867 JPYsq.m
(0.0131sq.m)
-125,647 JPYsq.m
(0.0192sq.m)
Keiseioowada57,692 JPYsq.m
(0.0260sq.m)
89,655 JPYsq.m
(0.0145sq.m)
83,333 JPYsq.m
(0.0142sq.m)
Katsutadai43,522 JPYsq.m
(0.0265sq.m)
-105,909 JPYsq.m
(0.0190sq.m)
Shidu74,971 JPYsq.m
(0.0180sq.m)
-59,180 JPYsq.m
(0.0157sq.m)
Yu-Karigaoka--85,167 JPYsq.m
(0.0261sq.m)
Keiseiusui53,577 JPYsq.m
(0.0325sq.m)
-56,245 JPYsq.m
(0.0385sq.m)
Keiseisakura1,515 JPYsq.m
(0.0330sq.m)
-29,237 JPYsq.m
(0.0212sq.m)
Oosakura---
Keiseishisui--35,606 JPYsq.m
(0.0428sq.m)
Sougosanndou--90,727 JPYsq.m
(0.0128sq.m)
Koudunomori--41,038 JPYsq.m
(0.0476sq.m)
Keiseinarita--32,301 JPYsq.m
(0.0490sq.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

Keiseiookubo200,244 JPY/sq.m (+54% compared with the previous year)

The average price of Keiseiookubo Land was 200,244 JPY/sq.m. The market value represents an increase of 69,810 JPY (+53.5%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 118.3 sq.m (a +2.9% increase compared to the 115.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 16.0 min in 2017 and 9.3 min in 2018; -41.7%)

Keiseioowada57,692 JPY/sq.m (-36% compared with the previous year)

The average price of Keiseioowada Land was 57,692 JPY/sq.m. The market value represents a decrease of 31,963 JPY (-35.7%) 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 260.0 sq.m (a +79.3% increase compared to the 145.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 3.0 min in 2017 and 10.0 min in 2018; +233.3%)

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)