Nishitetsu Tenjin Omuta Line railway market report

Nishitetsu Tenjin Omuta Line Land market overview

The average price of a sq.m Land of Nishitetsu Tenjin Omuta Line (Fukuoka (Tenjin) to Oomuta), in Apr, 2014 to Jun, 2014 was 65,564 JPY/sq.m. The market value represents an increase of 2,603 JPY (+4.1%) compared to 1 year ago and a transition to a some market. 84 properties exchanged hands ( The market value represents a decrease of 99 (-54.1%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 430.2 sq.m (a +1.9% increase compared to the 422.3 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.

11 stations have experienced increased prices; 12 stations have experienced decreased prices. Market value of most stations decreased. Tofuroumae, Nishitetsufutsukaichi, Nishitetsuogoori, Nishitetsukurume, Tsubuku, Daizennji, Inuduka station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Higashiamagi station, where prices have increased +115.7% compared to last year; a sq.m unit now costs 30,500 JPY/sq.m.

The top 2 stations has seen prices increase +104.4% (+26,451 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -59.2% (-70,257 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.7% of total transactions in 2013 and 10.7% of total transactions in 2014)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.6% of total transactions in 2013 and 1.2% of total transactions in 2014)

Breakdown of each segment

The table below shows Land dealt in Nishitetsu Tenjin Omuta 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 Takamiya, the highest market value along this railway was 118,316 JPY/sq.m. The market value represents an increase of 12,056 JPY (+11.3%) compared to 1 year ago and a transition to a bull market. 8 properties exchanged hands ( The market value represents a decrease of 13 (-61.9%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Kamachi, the lowest market value along this railway was 8,380 JPY/sq.m. The market value represents a decrease of 5,496 JPY (-39.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

Nishitetsu Tenjin Omuta Line (Stations Land market overview)
Nishitetsu Tenjin Omuta LineThis year(2014)1 year ago2 years ago
Fukuoka (Tenjin)-246,666 JPY (0.0Y/150.0sq.m)-
Yakuinn340,000 JPY (0.0Y/500.0sq.m)-219,047 JPY (0.0Y/105.0sq.m)
Nishitetsuhirao97,552 JPY (0.0Y/650.0sq.m)213,405 JPY (0.0Y/378.1sq.m)189,350 JPY (0.0Y/192.5sq.m)
Takamiya118,316 JPY (0.0Y/239.4sq.m)106,260 JPY (0.0Y/269.3sq.m)93,423 JPY (0.0Y/442.8sq.m)
Oohashi71,792 JPY (0.0Y/686.0sq.m)91,718 JPY (0.0Y/405.8sq.m)119,672 JPY (0.0Y/174.2sq.m)
Ijiri84,413 JPY (0.0Y/259.4sq.m)95,373 JPY (0.0Y/353.9sq.m)87,155 JPY (0.0Y/417.0sq.m)
Zasshonokuma81,086 JPY (0.0Y/175.0sq.m)113,792 JPY (0.0Y/145.0sq.m)85,330 JPY (0.0Y/799.2sq.m)
Kasugabaru13,793 JPY (0.0Y/145.0sq.m)38,453 JPY (0.0Y/713.3sq.m)39,534 JPY (0.0Y/276.7sq.m)
Shirakibaru78,260 JPY (0.0Y/230.0sq.m)104,494 JPY (0.0Y/146.7sq.m)98,569 JPY (0.0Y/205.0sq.m)
Shimooori-64,871 JPY (0.0Y/226.7sq.m)47,587 JPY (0.0Y/797.5sq.m)
Tofuroumae59,285 JPY (0.0Y/175.0sq.m)41,164 JPY (0.0Y/377.5sq.m)46,278 JPY (0.0Y/393.3sq.m)
Nishitetsufutsukaichi74,695 JPY (0.0Y/176.2sq.m)55,770 JPY (0.0Y/218.8sq.m)42,901 JPY (0.0Y/256.7sq.m)
Murasaki55,166 JPY (0.0Y/182.5sq.m)50,494 JPY (0.0Y/271.7sq.m)60,469 JPY (0.0Y/241.2sq.m)
Asakuragaidou-21,306 JPY (0.0Y/370.0sq.m)57,875 JPY (0.0Y/405.0sq.m)
Sakuradai-35,883 JPY (0.0Y/251.7sq.m)44,866 JPY (0.0Y/300.0sq.m)
Chikushi-22,370 JPY (0.0Y/440.0sq.m)-
Tsuko29,473 JPY (0.0Y/95.0sq.m)27,333 JPY (0.0Y/733.3sq.m)19,462 JPY (0.0Y/454.3sq.m)
Mikunigaoka-24,696 JPY (0.0Y/765.0sq.m)-
Mitsusawa28,666 JPY (0.0Y/1500.0sq.m)-19,481 JPY (0.0Y/885.0sq.m)
Ooho--39,523 JPY (0.0Y/210.0sq.m)
Nishitetsuogoori75,757 JPY (0.0Y/660.0sq.m)39,213 JPY (0.0Y/571.0sq.m)-
Hatama4,909 JPY (0.0Y/1100.0sq.m)-30,303 JPY (0.0Y/330.0sq.m)
Miyanojinn-60,000 JPY (0.0Y/200.0sq.m)36,040 JPY (0.0Y/1175.0sq.m)
Kushiwara---
Nishitetsukurume75,889 JPY (0.0Y/542.5sq.m)39,963 JPY (0.0Y/245.6sq.m)63,082 JPY (0.0Y/398.3sq.m)
Hanabatake57,142 JPY (0.0Y/35.0sq.m)88,122 JPY (0.0Y/235.0sq.m)76,666 JPY (0.0Y/300.0sq.m)
Shikennjoumae37,527 JPY (0.0Y/202.5sq.m)42,222 JPY (0.0Y/90.0sq.m)56,991 JPY (0.0Y/300.0sq.m)
Tsubuku39,972 JPY (0.0Y/270.0sq.m)22,694 JPY (0.0Y/458.3sq.m)20,947 JPY (0.0Y/433.3sq.m)
Yasutake22,718 JPY (0.0Y/280.0sq.m)-31,250 JPY (0.0Y/240.0sq.m)
Daizennji44,873 JPY (0.0Y/680.0sq.m)30,800 JPY (0.0Y/250.0sq.m)42,047 JPY (0.0Y/207.5sq.m)
Mizuma-12,165 JPY (0.0Y/370.0sq.m)-
Inuduka12,631 JPY (0.0Y/570.0sq.m)6,666 JPY (0.0Y/45.0sq.m)15,200 JPY (0.0Y/250.0sq.m)
Oomizo11,538 JPY (0.0Y/1300.0sq.m)18,398 JPY (0.0Y/193.8sq.m)15,833 JPY (0.0Y/480.0sq.m)
Hacchoumuta-11,816 JPY (0.0Y/556.7sq.m)10,576 JPY (0.0Y/830.0sq.m)
Kamachi8,380 JPY (0.0Y/335.0sq.m)13,876 JPY (0.0Y/303.3sq.m)21,111 JPY (0.0Y/1090.0sq.m)
Yakabe-16,390 JPY (0.0Y/733.3sq.m)20,810 JPY (0.0Y/370.0sq.m)
Nishitetsuyanagawa-25,118 JPY (0.0Y/516.0sq.m)22,765 JPY (0.0Y/548.0sq.m)
Tokumasu-25,789 JPY (0.0Y/380.0sq.m)12,121 JPY (0.0Y/165.0sq.m)
Shiotsuka-15,691 JPY (0.0Y/676.7sq.m)-
Nishitetsunakashima-17,666 JPY (0.0Y/350.0sq.m)18,461 JPY (0.0Y/130.0sq.m)
Enoura2,033 JPY (0.0Y/590.0sq.m)--
Hiraki-3,181 JPY (0.0Y/440.0sq.m)-
Nishitetsuwataze---
Kuranaga---
Higashiamagi30,500 JPY (0.0Y/620.0sq.m)14,141 JPY (0.0Y/663.3sq.m)-
Nishitetsuginnsui-15,242 JPY (0.0Y/506.7sq.m)9,615 JPY (0.0Y/260.0sq.m)
Shinnsakaemachi16,483 JPY (0.0Y/1455.0sq.m)28,472 JPY (0.0Y/1150.0sq.m)29,000 JPY (0.0Y/200.0sq.m)
Oomuta25,657 JPY (0.0Y/240.6sq.m)28,408 JPY (0.0Y/591.3sq.m)27,355 JPY (0.0Y/612.6sq.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

Higashiamagi30,500 JPY/sq.m (+116% compared with the previous year)

The average price of a sq.m Land of Higashiamagi was 30,500 JPY/sq.m. The market value represents an increase of 16,359 JPY (+115.7%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 620.0 sq.m (a -6.5% decrease compared to the 663.3 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 24.7 min in 2013 and 30.0 min in 2014; +21.6%)

Nishitetsuogoori75,757 JPY/sq.m (+93% compared with the previous year)

The average price of a sq.m Land of Nishitetsuogoori was 75,757 JPY/sq.m. The market value represents an increase of 36,544 JPY (+93.2%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 660.0 sq.m (a +15.6% increase compared to the 571.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.8 min in 2013 and 6.0 min in 2014; -56.5%)

Kasugabaru13,793 JPY/sq.m (-64% compared with the previous year)

The average price of a sq.m Land of Kasugabaru was 13,793 JPY/sq.m. The market value represents a decrease of 24,660 JPY (-64.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 145.0 sq.m (a -79.7% decrease compared to the 713.3 sq.m of last year.).

Nishitetsuhirao97,552 JPY/sq.m (-54% compared with the previous year)

The average price of a sq.m Land of Nishitetsuhirao was 97,552 JPY/sq.m. The market value represents a decrease of 115,853 JPY (-54.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 4 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 650.0 sq.m (a +71.9% increase compared to the 378.1 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 11.1 min in 2013 and 24.2 min in 2014; +118.0%)

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)