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 Jul, 2016 to Sep, 2016 was 262,567 JPY/sq.m. The market value represents an increase of 46,000 JPY (+21.2%) compared to 1 year ago and a transition to a dramatic market. 12 properties exchanged hands ( The market value represents an increase of 8 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 212.9 sq.m (a -30.2% decrease compared to the 305.0 sq.m of last year.).

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

0 stations have experienced increased prices; 2 stations have experienced decreased prices. The market value decreased in all stations. Gyoutoku station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Nishifunabashi station, where prices have decreased -29.9% compared to last year; a sq.m unit now costs 166,056 JPY/sq.m.

The top 1 stations has seen prices increase -2.1% (-7,623 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -29.9% (-70,981 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.5 min in 2015 and 12.3 min in 2016; +45.1%)

Land stations market overview

The average price of Gyoutoku Land, the highest market value along this railway was 351,351 JPY/sq.m. The market value represents a decrease of 7,623 JPY (-2.1%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

The average price of Nishifunabashi Land, the lowest market value along this railway was 166,056 JPY/sq.m. The market value represents a decrease of 70,981 JPY (-29.9%) 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.).

Tokyo Metro Tozai Line (Stations Land market overview)
Tokyo Metro Tozai LineThis year(2016)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Urayasu245,564 JPYsq.m
(0.0117sq.m)
-251,309 JPYsq.m
(0.0213sq.m)
Minamigyoutoku298,574 JPYsq.m
(0.0250sq.m)
-291,362 JPYsq.m
(0.0192sq.m)
Gyoutoku351,351 JPYsq.m
(0.0185sq.m)
358,974 JPYsq.m
(0.0390sq.m)
279,532 JPYsq.m
(0.0102sq.m)
Myoudenn322,483 JPYsq.m
(0.0435sq.m)
--
Barakinakayama-135,130 JPYsq.m
(0.0348sq.m)
200,000 JPYsq.m
(0.0500sq.m)
Nishifunabashi166,056 JPYsq.m
(0.071.7sq.m)
237,037 JPYsq.m
(0.0135sq.m)
199,324 JPYsq.m
(0.0136sq.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

Gyoutoku351,351 JPY/sq.m (-2% compared with the previous year)

The average price of Gyoutoku Land was 351,351 JPY/sq.m. The market value represents a decrease of 7,623 JPY (-2.1%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 185.0 sq.m (a -52.6% decrease compared to the 390.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2015 and 9.0 min in 2016; +125.0%)

Nishifunabashi166,056 JPY/sq.m (-30% compared with the previous year)

The average price of Nishifunabashi Land was 166,056 JPY/sq.m. The market value represents a decrease of 70,981 JPY (-29.9%) 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 71.7 sq.m (a -46.9% 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 11.0 min in 2015 and 15.0 min in 2016; +36.4%)

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)