Nishitetsu Amagi Line railway market report

Nishitetsu Amagi Line Land market overview

The average price of a sq.m Land of Nishitetsu Amagi Line (Miyanojinn to Amagi), in Apr, 2016 to Jun, 2016 was 30,228 JPY/sq.m. The market value represents an increase of 10,005 JPY (+49.5%) compared to 1 year ago and a transition to a dramatic market. 14 properties exchanged hands ( The market value represents a decrease of 4 (-22.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 467.5 sq.m (a +1.8% increase compared to the 459.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

2 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Miyanojinn, Amagi station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Amagi station, where prices have increased +18.5% compared to last year; a sq.m unit now costs 20,830 JPY/sq.m.

The top 1 stations has seen prices increase +18.5% (+3,256 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -14.2% (-5,752 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 26.6 min in 2015 and 39.2 min in 2016; +47.4%)

Breakdown of each segment

The table below shows Land dealt in Nishitetsu Amagi 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 Miyanojinn, the highest market value along this railway was 68,024 JPY/sq.m. The market value represents an increase of 8,702 JPY (+14.7%) compared to 1 year ago and a transition to a bull market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Amagi, the lowest market value along this railway was 20,830 JPY/sq.m. The market value represents an increase of 3,256 JPY (+18.5%) compared to 1 year ago and a transition to a bull market. 10 properties exchanged hands ( The market value represents a decrease of 1 (-9.1%) compared to 1 year ago and a transition to a bear market.).

Nishitetsu Amagi Line (Stations Land market overview)
Nishitetsu Amagi LineThis year(2016)1 year ago2 years ago
Miyanojinn68,024 JPY (0.0Y/257.5sq.m)59,322 JPY (0.0Y/590.0sq.m)-
Goroumaru---
Gakkoumae-8,837 JPY (0.0Y/430.0sq.m)-
Kogannchaya--25,000 JPY (0.0Y/320.0sq.m)
Kitano34,724 JPY (0.0Y/290.0sq.m)40,476 JPY (0.0Y/210.0sq.m)-
Ooki-25,641 JPY (0.0Y/390.0sq.m)-
Kaneshima---
Oozeki-7,961 JPY (0.0Y/690.0sq.m)-
Honngou-17,857 JPY (0.0Y/280.0sq.m)-
Kamiura--2,236 JPY (0.0Y/887.1sq.m)
Mada---
Amagi20,830 JPY (0.0Y/545.0sq.m)17,574 JPY (0.0Y/453.6sq.m)10,786 JPY (0.0Y/440.0sq.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.

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Noteworthy stations

Amagi20,830 JPY/sq.m (+19% compared with the previous year)

The average price of a sq.m Land of Amagi was 20,830 JPY/sq.m. The market value represents an increase of 3,256 JPY (+18.5%) compared to 1 year ago and a transition to a bull market. 10 properties exchanged hands ( The market value represents a decrease of 1 (-9.1%) compared to 1 year ago and a transition to a bear market.).

The average size of the real estate was 545.0 sq.m (a +20.1% increase compared to the 453.6 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 35.4 min in 2015 and 51.9 min in 2016; +46.8%)

Kitano34,724 JPY/sq.m (-14% compared with the previous year)

The average price of a sq.m Land of Kitano was 34,724 JPY/sq.m. The market value represents a decrease of 5,752 JPY (-14.2%) compared to 1 year ago and a transition to a weak market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 290.0 sq.m (a +38.1% increase compared to the 210.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 8.0 min in 2015 and 7.0 min in 2016; -12.5%)

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)