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 Jul, 2014 to Sep, 2014 was 55,582 JPY/sq.m. The market value represents a decrease of 6,254 JPY (-10.1%) compared to 1 year ago and a transition to a weak market. 108 properties exchanged hands ( The market value represents a decrease of 89 (-45.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 489.3 sq.m (a +13.9% increase compared to the 429.6 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a some increase in transactions involving very large size more than 200 sq.m.

10 stations have experienced increased prices; 20 stations have experienced decreased prices. Market value of most stations decreased. Shimooori, Chikushi, Nishitetsuogoori, Hanabatake, Inuduka, Tokumasu, Shiotsuka station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Asakuragaidou station, where prices have increased +108.6% compared to last year; a sq.m unit now costs 90,256 JPY/sq.m.

The top 2 stations has seen prices increase +94.3% (+36,215 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -75.1% (-23,676 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 6.1% of total transactions in 2013 and 7.4% 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 Nishitetsuhirao, the highest market value along this railway was 166,119 JPY/sq.m. The market value represents a decrease of 11,243 JPY (-6.3%) compared to 1 year ago and a transition to a bear market. 5 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Higashiamagi, the lowest market value along this railway was 3,048 JPY/sq.m. The market value represents a decrease of 16,952 JPY (-84.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) 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)--261,688 JPY (0.0Y/125.0sq.m)
Yakuinn565,517 JPY (0.0Y/145.0sq.m)--
Nishitetsuhirao166,119 JPY (0.0Y/478.0sq.m)177,362 JPY (0.0Y/310.0sq.m)155,230 JPY (0.0Y/346.2sq.m)
Takamiya124,756 JPY (0.0Y/236.0sq.m)119,147 JPY (0.0Y/372.6sq.m)82,799 JPY (0.0Y/223.9sq.m)
Oohashi69,343 JPY (0.0Y/678.8sq.m)102,794 JPY (0.0Y/299.3sq.m)90,400 JPY (0.0Y/215.8sq.m)
Ijiri-88,357 JPY (0.0Y/466.2sq.m)89,874 JPY (0.0Y/209.2sq.m)
Zasshonokuma82,826 JPY (0.0Y/570.0sq.m)83,483 JPY (0.0Y/530.0sq.m)98,402 JPY (0.0Y/454.5sq.m)
Kasugabaru-96,551 JPY (0.0Y/145.0sq.m)128,189 JPY (0.0Y/452.5sq.m)
Shirakibaru33,333 JPY (0.0Y/360.0sq.m)-112,121 JPY (0.0Y/217.5sq.m)
Shimooori95,505 JPY (0.0Y/177.5sq.m)79,267 JPY (0.0Y/300.0sq.m)71,452 JPY (0.0Y/225.6sq.m)
Tofuroumae28,275 JPY (0.0Y/290.0sq.m)54,831 JPY (0.0Y/213.3sq.m)44,524 JPY (0.0Y/1027.5sq.m)
Nishitetsufutsukaichi48,986 JPY (0.0Y/710.0sq.m)75,785 JPY (0.0Y/596.7sq.m)68,349 JPY (0.0Y/397.5sq.m)
Murasaki37,931 JPY (0.0Y/290.0sq.m)43,322 JPY (0.0Y/447.5sq.m)60,610 JPY (0.0Y/238.3sq.m)
Asakuragaidou90,256 JPY (0.0Y/150.0sq.m)43,258 JPY (0.0Y/228.3sq.m)78,268 JPY (0.0Y/317.5sq.m)
Sakuradai--53,125 JPY (0.0Y/320.0sq.m)
Chikushi57,220 JPY (0.0Y/348.0sq.m)31,788 JPY (0.0Y/1088.3sq.m)45,238 JPY (0.0Y/210.0sq.m)
Tsuko18,414 JPY (0.0Y/493.3sq.m)28,684 JPY (0.0Y/256.2sq.m)-
Mikunigaoka-55,941 JPY (0.0Y/975.0sq.m)34,285 JPY (0.0Y/210.0sq.m)
Mitsusawa-62,638 JPY (0.0Y/380.0sq.m)50,000 JPY (0.0Y/280.0sq.m)
Ooho16,027 JPY (0.0Y/660.0sq.m)46,428 JPY (0.0Y/280.0sq.m)45,536 JPY (0.0Y/257.5sq.m)
Nishitetsuogoori61,363 JPY (0.0Y/220.0sq.m)46,666 JPY (0.0Y/300.0sq.m)35,022 JPY (0.0Y/225.0sq.m)
Hatama25,185 JPY (0.0Y/135.0sq.m)27,852 JPY (0.0Y/660.0sq.m)-
Miyanojinn--31,947 JPY (0.0Y/1450.0sq.m)
Kushiwara33,333 JPY (0.0Y/240.0sq.m)45,454 JPY (0.0Y/330.0sq.m)77,546 JPY (0.0Y/170.0sq.m)
Nishitetsukurume45,756 JPY (0.0Y/328.0sq.m)56,452 JPY (0.0Y/395.7sq.m)33,650 JPY (0.0Y/473.3sq.m)
Hanabatake84,609 JPY (0.0Y/268.0sq.m)64,495 JPY (0.0Y/308.5sq.m)73,544 JPY (0.0Y/304.2sq.m)
Shikennjoumae37,678 JPY (0.0Y/1020.0sq.m)49,159 JPY (0.0Y/272.0sq.m)49,054 JPY (0.0Y/460.0sq.m)
Tsubuku-30,991 JPY (0.0Y/784.0sq.m)45,705 JPY (0.0Y/197.5sq.m)
Yasutake-27,272 JPY (0.0Y/660.0sq.m)21,818 JPY (0.0Y/220.0sq.m)
Daizennji-30,493 JPY (0.0Y/332.5sq.m)21,929 JPY (0.0Y/251.7sq.m)
Mizuma-26,350 JPY (0.0Y/446.7sq.m)20,312 JPY (0.0Y/320.0sq.m)
Inuduka30,681 JPY (0.0Y/216.7sq.m)21,637 JPY (0.0Y/230.0sq.m)23,457 JPY (0.0Y/178.8sq.m)
Oomizo12,254 JPY (0.0Y/360.0sq.m)12,600 JPY (0.0Y/170.0sq.m)17,073 JPY (0.0Y/1013.3sq.m)
Hacchoumuta12,427 JPY (0.0Y/820.0sq.m)12,358 JPY (0.0Y/440.0sq.m)5,882 JPY (0.0Y/1700.0sq.m)
Kamachi-17,184 JPY (0.0Y/408.8sq.m)14,142 JPY (0.0Y/375.0sq.m)
Yakabe-21,558 JPY (0.0Y/195.0sq.m)25,000 JPY (0.0Y/320.0sq.m)
Nishitetsuyanagawa16,773 JPY (0.0Y/690.0sq.m)19,460 JPY (0.0Y/415.6sq.m)19,928 JPY (0.0Y/219.3sq.m)
Tokumasu22,950 JPY (0.0Y/610.0sq.m)14,853 JPY (0.0Y/785.0sq.m)-
Shiotsuka20,833 JPY (0.0Y/720.0sq.m)15,788 JPY (0.0Y/187.5sq.m)15,829 JPY (0.0Y/285.0sq.m)
Nishitetsunakashima8,131 JPY (0.0Y/183.3sq.m)9,777 JPY (0.0Y/676.7sq.m)13,231 JPY (0.0Y/490.0sq.m)
Enoura---
Hiraki-5,303 JPY (0.0Y/660.0sq.m)-
Nishitetsuwataze14,000 JPY (0.0Y/550.0sq.m)--
Kuranaga16,785 JPY (0.0Y/280.0sq.m)21,428 JPY (0.0Y/280.0sq.m)22,916 JPY (0.0Y/240.0sq.m)
Higashiamagi3,048 JPY (0.0Y/820.0sq.m)20,000 JPY (0.0Y/325.0sq.m)-
Nishitetsuginnsui17,882 JPY (0.0Y/270.0sq.m)30,434 JPY (0.0Y/230.0sq.m)20,968 JPY (0.0Y/275.0sq.m)
Shinnsakaemachi26,153 JPY (0.0Y/914.0sq.m)27,085 JPY (0.0Y/178.3sq.m)18,609 JPY (0.0Y/735.0sq.m)
Oomuta20,833 JPY (0.0Y/396.7sq.m)27,621 JPY (0.0Y/538.3sq.m)32,227 JPY (0.0Y/495.4sq.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

Asakuragaidou90,256 JPY/sq.m (+109% compared with the previous year)

The average price of a sq.m Land of Asakuragaidou was 90,256 JPY/sq.m. The market value represents an increase of 46,998 JPY (+108.6%) 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.).

The average size of the real estate was 150.0 sq.m (a -34.3% decrease compared to the 228.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.3 min in 2013 and 5.5 min in 2014; -64.1%)

Chikushi57,220 JPY/sq.m (+80% compared with the previous year)

The average price of a sq.m Land of Chikushi was 57,220 JPY/sq.m. The market value represents an increase of 25,432 JPY (+80.0%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 1 (-16.7%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 348.0 sq.m (a -68.0% decrease compared to the 1088.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.5 min in 2013 and 13.0 min in 2014; -33.3%)

Higashiamagi3,048 JPY/sq.m (-85% compared with the previous year)

The average price of a sq.m Land of Higashiamagi was 3,048 JPY/sq.m. The market value represents a decrease of 16,952 JPY (-84.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 820.0 sq.m (a +152.3% increase compared to the 325.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 23.0 min in 2013 and 12.0 min in 2014; -47.8%)

Ooho16,027 JPY/sq.m (-65% compared with the previous year)

The average price of a sq.m Land of Ooho was 16,027 JPY/sq.m. The market value represents a decrease of 30,401 JPY (-65.5%) compared to 1 year ago and a transition to a dramatic 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 660.0 sq.m (a +135.7% increase compared to the 280.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.0 min in 2013 and 9.5 min in 2014; -26.9%)

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)