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, 2018 to Mar, 2018 was 290,571 JPY/sq.m. The market value represents an increase of 7,434 JPY (+2.6%) compared to 1 year ago and a transition to a slight market. 10 properties exchanged hands ( The market value represents an increase of 7 (+233.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 180.0 sq.m (a -50.5% decrease compared to the 363.3 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.

2 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. 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 +40.7% compared to last year; a sq.m unit now costs 463,414 JPY/sq.m.

The top 1 stations has seen prices increase +40.7% (+134,003 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -12.5% (-33,637 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.3 min in 2017 and 11.5 min in 2018; +23.2%)

Land stations market overview

The average price of Myoudenn Land, the highest market value along this railway was 463,414 JPY/sq.m. The market value represents an increase of 134,003 JPY (+40.7%) 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 price of Gyoutoku Land, the lowest market value along this railway was 236,363 JPY/sq.m. The market value represents a decrease of 33,637 JPY (-12.5%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands (It was the same as last year.).

Tokyo Metro Tozai Line (Stations Land market overview)
Tokyo Metro Tozai LineThis year(2018)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Urayasu250,549 JPYsq.m
(0.067.5sq.m)
-50,000 JPYsq.m
(0.0130sq.m)
Minamigyoutoku278,208 JPYsq.m
(0.0230sq.m)
--
Gyoutoku236,363 JPYsq.m
(0.0110sq.m)
270,000 JPYsq.m
(0.0100sq.m)
266,666 JPYsq.m
(0.075.0sq.m)
Myoudenn463,414 JPYsq.m
(0.0410sq.m)
329,411 JPYsq.m
(0.0850sq.m)
295,833 JPYsq.m
(0.0240sq.m)
Barakinakayama--298,000 JPYsq.m
(0.0742sq.m)
Nishifunabashi296,000 JPYsq.m
(0.0112sq.m)
250,000 JPYsq.m
(0.0140sq.m)
320,000 JPYsq.m
(0.075.0sq.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

Myoudenn463,414 JPY/sq.m (+41% compared with the previous year)

The average price of Myoudenn Land was 463,414 JPY/sq.m. The market value represents an increase of 134,003 JPY (+40.7%) 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 410.0 sq.m (a -51.8% decrease compared to the 850.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 11.0 min in 2017 and 5.0 min in 2018; -54.5%)

Gyoutoku236,363 JPY/sq.m (-12% compared with the previous year)

The average price of Gyoutoku Land was 236,363 JPY/sq.m. The market value represents a decrease of 33,637 JPY (-12.5%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 110.0 sq.m (a +10.0% increase compared to the 100.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 10.0 min in 2017 and 12.0 min in 2018; +20.0%)

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)