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 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)

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 Keiseiookubo, 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 a sq.m Land of Keiseioowada, 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)1 year ago2 years ago
Kounodai---
Sugano20,000 JPY (0.0Y/75.0sq.m)--
Keiseinakayama---
Higashinakayama--175,877 JPY (0.0Y/347.5sq.m)
Keiseinishifuna---
Kaijinn-214,814 JPY (0.0Y/135.0sq.m)130,504 JPY (0.0Y/212.5sq.m)
Daijinnguushita240,000 JPY (0.0Y/100.0sq.m)-161,538 JPY (0.0Y/130.0sq.m)
Funabashikeibajou322,222 JPY (0.0Y/90.0sq.m)-146,969 JPY (0.0Y/95.0sq.m)
Yatsu--340,000 JPY (0.0Y/100.0sq.m)
Keiseitsudanuma199,394 JPY (0.0Y/120.0sq.m)-209,419 JPY (0.0Y/300.8sq.m)
Keiseiookubo200,244 JPY (0.0Y/118.3sq.m)130,434 JPY (0.0Y/115.0sq.m)97,990 JPY (0.0Y/202.2sq.m)
Mimomi69,767 JPY (0.0Y/121.0sq.m)-77,784 JPY (0.0Y/272.0sq.m)
Yachiyodai114,867 JPY (0.0Y/131.0sq.m)-125,647 JPY (0.0Y/191.9sq.m)
Keiseioowada57,692 JPY (0.0Y/260.0sq.m)89,655 JPY (0.0Y/145.0sq.m)83,333 JPY (0.0Y/142.5sq.m)
Katsutadai43,522 JPY (0.0Y/265.0sq.m)-105,909 JPY (0.0Y/190.0sq.m)
Shidu74,971 JPY (0.0Y/180.0sq.m)-59,180 JPY (0.0Y/157.0sq.m)
Yu-Karigaoka--85,167 JPY (0.0Y/260.8sq.m)
Keiseiusui53,577 JPY (0.0Y/325.0sq.m)-56,245 JPY (0.0Y/385.0sq.m)
Keiseisakura1,515 JPY (0.0Y/330.0sq.m)-29,237 JPY (0.0Y/211.7sq.m)
Oosakura---
Keiseishisui--35,606 JPY (0.0Y/427.5sq.m)
Sougosanndou--90,727 JPY (0.0Y/127.5sq.m)
Koudunomori--41,038 JPY (0.0Y/475.7sq.m)
Keiseinarita--32,301 JPY (0.0Y/490.0sq.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

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

The average price of a sq.m Land of Keiseiookubo 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 a sq.m Land of Keiseioowada 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:

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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)