Tokyo Metro Tozai Line railway market report

Tokyo Metro Tozai Line Land market overview

The average price of a sq.m Land of Tokyo Metro Tozai Line (Urayasu to Nishifunabashi), in Jan, 2016 to Dec, 2016 was 270,612 JPY/sq.m. The market value represents an increase of 10,856 JPY (+4.2%) compared to 1 year ago and a transition to a some market. 40 properties exchanged hands ( The market value represents an increase of 5 (+14.3%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 296.4 sq.m (a +2.5% increase compared to the 289.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

4 stations have experienced increased prices; 2 stations have experienced decreased prices. The overall trend was toward increased prices. Minamigyoutoku, Myoudenn, Barakinakayama station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Minamigyoutoku station, where prices have increased +64.5% compared to last year; a sq.m unit now costs 298,574 JPY/sq.m.

The top 2 stations has seen prices increase +56.9% (+112,976 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -21.0% (-74,602 JPY/sq.m).

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.3% of total transactions in 2015 and 7.5% of total transactions in 2016)

Breakdown of each segment

The table below shows Land dealt in Tokyo Metro Tozai 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 Myoudenn, the highest market value along this railway was 330,016 JPY/sq.m. The market value represents an increase of 108,898 JPY (+49.2%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 4 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Barakinakayama, the lowest market value along this railway was 222,077 JPY/sq.m. The market value represents an increase of 65,676 JPY (+42.0%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 1 (+25.0%) 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)1 year ago2 years ago
Urayasu265,010 JPY (0.0Y/172.1sq.m)373,734 JPY (0.0Y/491.7sq.m)267,730 JPY (0.0Y/214.4sq.m)
Minamigyoutoku298,574 JPY (0.0Y/250.0sq.m)181,520 JPY (0.0Y/63.8sq.m)299,242 JPY (0.0Y/195.0sq.m)
Gyoutoku273,294 JPY (0.0Y/152.5sq.m)313,775 JPY (0.0Y/369.5sq.m)262,039 JPY (0.0Y/233.0sq.m)
Myoudenn330,016 JPY (0.0Y/311.2sq.m)221,118 JPY (0.0Y/125.0sq.m)143,375 JPY (0.0Y/630.0sq.m)
Barakinakayama222,077 JPY (0.0Y/718.0sq.m)156,400 JPY (0.0Y/285.0sq.m)202,857 JPY (0.0Y/435.0sq.m)
Nishifunabashi238,688 JPY (0.0Y/285.0sq.m)221,565 JPY (0.0Y/201.7sq.m)215,483 JPY (0.0Y/171.5sq.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.

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Noteworthy stations

Minamigyoutoku298,574 JPY/sq.m (+64% compared with the previous year)

The average price of a sq.m Land of Minamigyoutoku was 298,574 JPY/sq.m. The market value represents an increase of 117,053 JPY (+64.5%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 250.0 sq.m (a +292.2% increase compared to the 63.8 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 11.0 min in 2015 and 12.5 min in 2016; +13.6%)

Myoudenn330,016 JPY/sq.m (+49% compared with the previous year)

The average price of a sq.m Land of Myoudenn was 330,016 JPY/sq.m. The market value represents an increase of 108,898 JPY (+49.2%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 4 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 311.2 sq.m (a +149.0% increase compared to the 125.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 11.0 min in 2015 and 9.6 min in 2016; -12.5%)

Urayasu265,010 JPY/sq.m (-29% compared with the previous year)

The average price of a sq.m Land of Urayasu was 265,010 JPY/sq.m. The market value represents a decrease of 108,724 JPY (-29.1%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 1 (+16.7%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 172.1 sq.m (a -65.0% decrease compared to the 491.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.0 min in 2015 and 13.3 min in 2016; +47.6%)

Gyoutoku273,294 JPY/sq.m (-13% compared with the previous year)

The average price of a sq.m Land of Gyoutoku was 273,294 JPY/sq.m. The market value represents a decrease of 40,481 JPY (-12.9%) compared to 1 year ago and a transition to a weak market. 8 properties exchanged hands ( The market value represents a decrease of 3 (-27.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 152.5 sq.m (a -58.7% decrease compared to the 369.5 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 9.9 min in 2015 and 11.4 min in 2016; +14.8%)

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)