Tokyo Metro Tozai Line railway market report

Tokyo Metro Tozai Line Land market overview

The average price of Tokyo Metro Tozai Line (Urayasu to Nishifunabashi) Land, in Jan, 2015 to Dec, 2015 was 259,756 JPY/sq.m. The market value represents an increase of 23,103 JPY (+9.8%) compared to 1 year ago and a transition to a strong market. 35 properties exchanged hands ( The market value represents a decrease of 6 (-14.6%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 289.1 sq.m (a +13.0% increase compared to the 255.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

4 stations have experienced increased prices; 2 stations have experienced decreased prices. The overall trend was toward increased prices. Urayasu, Myoudenn station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Myoudenn station, where prices have increased +54.2% compared to last year; a sq.m unit now costs 221,118 JPY/sq.m.

The top 2 stations has seen prices increase +46.9% (+91,873 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -31.1% (-82,089 JPY/sq.m).

Causes of price decreases

  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 17.1% of total transactions in 2014 and 14.3% of total transactions in 2015)

Land stations market overview

The average price of Urayasu Land, the highest market value along this railway was 373,734 JPY/sq.m. The market value represents an increase of 106,004 JPY (+39.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 2 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Barakinakayama Land, the lowest market value along this railway was 156,400 JPY/sq.m. The market value represents a decrease of 46,456 JPY (-22.9%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands (It was the same as last year.).

Tokyo Metro Tozai Line (Stations Land market overview)
Tokyo Metro Tozai LineThis year(2015)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Urayasu373,734 JPYsq.m
(0.0492sq.m)
267,730 JPYsq.m
(0.0214sq.m)
273,789 JPYsq.m
(0.0223sq.m)
Minamigyoutoku181,520 JPYsq.m
(0.063.8sq.m)
299,242 JPYsq.m
(0.0195sq.m)
259,639 JPYsq.m
(0.0172sq.m)
Gyoutoku313,775 JPYsq.m
(0.0370sq.m)
262,039 JPYsq.m
(0.0233sq.m)
238,141 JPYsq.m
(0.0324sq.m)
Myoudenn221,118 JPYsq.m
(0.0125sq.m)
143,375 JPYsq.m
(0.0630sq.m)
338,564 JPYsq.m
(0.0212sq.m)
Barakinakayama156,400 JPYsq.m
(0.0285sq.m)
202,857 JPYsq.m
(0.0435sq.m)
189,904 JPYsq.m
(0.0177sq.m)
Nishifunabashi221,565 JPYsq.m
(0.0202sq.m)
215,483 JPYsq.m
(0.0172sq.m)
207,305 JPYsq.m
(0.0180sq.m)

*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

Myoudenn221,118 JPY/sq.m (+54% compared with the previous year)

The average price of Myoudenn Land was 221,118 JPY/sq.m. The market value represents an increase of 77,743 JPY (+54.2%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 125.0 sq.m (a -80.2% decrease compared to the 630.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 12.7 min in 2014 and 11.0 min in 2015; -13.2%)

Urayasu373,734 JPY/sq.m (+40% compared with the previous year)

The average price of Urayasu Land was 373,734 JPY/sq.m. The market value represents an increase of 106,004 JPY (+39.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 2 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 491.7 sq.m (a +129.3% increase compared to the 214.4 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.8 min in 2014 and 9.0 min in 2015; -42.9%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 12.5% of total transactions in 2014 and 33.3% of total transactions in 2015)

Minamigyoutoku181,520 JPY/sq.m (-39% compared with the previous year)

The average price of Minamigyoutoku Land was 181,520 JPY/sq.m. The market value represents a decrease of 117,721 JPY (-39.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 63.8 sq.m (a -67.3% decrease compared to the 195.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.0 min in 2014 and 11.0 min in 2015; +120.0%)

Barakinakayama156,400 JPY/sq.m (-23% compared with the previous year)

The average price of Barakinakayama Land was 156,400 JPY/sq.m. The market value represents a decrease of 46,456 JPY (-22.9%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 285.0 sq.m (a -34.5% decrease compared to the 435.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.5 min in 2014 and 11.0 min in 2015; +69.2%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2014 and 25.0% of total transactions in 2015)

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)