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 Oct, 2014 to Dec, 2014 was 83,317 JPY/sq.m. The market value represents an increase of 11,318 JPY (+15.7%) compared to 1 year ago and a transition to a bull market. 55 properties exchanged hands ( The market value represents a decrease of 113 (-67.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 407.0 sq.m (a +3.9% increase compared to the 391.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was an increase in transactions involving relatively large size more than 100 sq.m.

9 stations have experienced increased prices; 7 stations have experienced decreased prices. Market value of most stations decreased. Takamiya, Murasaki, Mikunigaoka, Hanabatake, Inuduka station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Kushiwara station, where prices have increased +171.8% compared to last year; a sq.m unit now costs 54,545 JPY/sq.m.

The top 2 stations has seen prices increase +153.4% (+30,790 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -73.9% (-27,653 JPY/sq.m).

Cause of price increases

  • A some increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 10.1% of total transactions in 2013 and 10.9% 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 Yakuinn, the highest market value along this railway was 333,333 JPY/sq.m. The market value represents an increase of 1,429 JPY (+0.4%) compared to 1 year ago and a transition to a slight 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 price of a sq.m Land of Chikushi, the lowest market value along this railway was 3,793 JPY/sq.m. The market value represents a decrease of 24,315 JPY (-86.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Nishitetsu Tenjin Omuta Line (Stations Land market overview)
Nishitetsu Tenjin Omuta LineThis year(2014)1 year ago2 years ago
Fukuoka (Tenjin)-693,333 JPY (0.0Y/75.0sq.m)646,153 JPY (0.0Y/1300.0sq.m)
Yakuinn333,333 JPY (0.0Y/105.0sq.m)331,904 JPY (0.0Y/127.5sq.m)211,111 JPY (0.0Y/450.0sq.m)
Nishitetsuhirao170,717 JPY (0.0Y/746.2sq.m)201,825 JPY (0.0Y/341.0sq.m)145,128 JPY (0.0Y/290.0sq.m)
Takamiya137,288 JPY (0.0Y/490.0sq.m)95,863 JPY (0.0Y/371.5sq.m)86,053 JPY (0.0Y/288.2sq.m)
Oohashi76,166 JPY (0.0Y/262.9sq.m)96,360 JPY (0.0Y/283.1sq.m)83,076 JPY (0.0Y/222.2sq.m)
Ijiri84,833 JPY (0.0Y/775.0sq.m)97,419 JPY (0.0Y/245.0sq.m)101,612 JPY (0.0Y/489.5sq.m)
Zasshonokuma-113,333 JPY (0.0Y/281.7sq.m)28,260 JPY (0.0Y/230.0sq.m)
Kasugabaru-108,324 JPY (0.0Y/213.0sq.m)73,451 JPY (0.0Y/269.0sq.m)
Shirakibaru-52,000 JPY (0.0Y/250.0sq.m)110,013 JPY (0.0Y/338.0sq.m)
Shimooori-70,352 JPY (0.0Y/322.8sq.m)69,359 JPY (0.0Y/391.1sq.m)
Tofuroumae-40,779 JPY (0.0Y/925.0sq.m)46,300 JPY (0.0Y/390.0sq.m)
Nishitetsufutsukaichi--41,680 JPY (0.0Y/447.5sq.m)
Murasaki54,762 JPY (0.0Y/140.0sq.m)45,098 JPY (0.0Y/510.0sq.m)55,800 JPY (0.0Y/501.7sq.m)
Asakuragaidou51,351 JPY (0.0Y/185.0sq.m)76,923 JPY (0.0Y/260.0sq.m)52,143 JPY (0.0Y/237.5sq.m)
Sakuradai-48,813 JPY (0.0Y/255.0sq.m)-
Chikushi3,793 JPY (0.0Y/290.0sq.m)28,108 JPY (0.0Y/185.0sq.m)84,146 JPY (0.0Y/820.0sq.m)
Tsuko-14,210 JPY (0.0Y/190.0sq.m)11,211 JPY (0.0Y/621.2sq.m)
Mikunigaoka42,380 JPY (0.0Y/210.0sq.m)33,333 JPY (0.0Y/600.0sq.m)55,462 JPY (0.0Y/238.8sq.m)
Mitsusawa---
Ooho--34,555 JPY (0.0Y/295.0sq.m)
Nishitetsuogoori-48,484 JPY (0.0Y/165.0sq.m)22,913 JPY (0.0Y/325.6sq.m)
Hatama---
Miyanojinn-73,076 JPY (0.0Y/260.0sq.m)62,857 JPY (0.0Y/1175.0sq.m)
Kushiwara54,545 JPY (0.0Y/165.0sq.m)20,070 JPY (0.0Y/256.0sq.m)54,387 JPY (0.0Y/153.3sq.m)
Nishitetsukurume59,040 JPY (0.0Y/643.3sq.m)80,875 JPY (0.0Y/526.2sq.m)43,114 JPY (0.0Y/442.3sq.m)
Hanabatake94,545 JPY (0.0Y/177.5sq.m)66,786 JPY (0.0Y/529.7sq.m)53,030 JPY (0.0Y/169.3sq.m)
Shikennjoumae19,556 JPY (0.0Y/363.3sq.m)50,546 JPY (0.0Y/212.5sq.m)42,954 JPY (0.0Y/362.5sq.m)
Tsubuku-32,000 JPY (0.0Y/250.0sq.m)50,000 JPY (0.0Y/200.0sq.m)
Yasutake--24,134 JPY (0.0Y/171.7sq.m)
Daizennji-39,542 JPY (0.0Y/395.0sq.m)2,500 JPY (0.0Y/560.0sq.m)
Mizuma24,118 JPY (0.0Y/448.3sq.m)-30,222 JPY (0.0Y/1032.5sq.m)
Inuduka22,702 JPY (0.0Y/185.0sq.m)16,837 JPY (0.0Y/250.0sq.m)18,070 JPY (0.0Y/384.0sq.m)
Oomizo6,666 JPY (0.0Y/30.0sq.m)6,350 JPY (0.0Y/601.7sq.m)23,939 JPY (0.0Y/330.0sq.m)
Hacchoumuta--12,247 JPY (0.0Y/334.0sq.m)
Kamachi-12,947 JPY (0.0Y/340.0sq.m)18,994 JPY (0.0Y/246.2sq.m)
Yakabe-23,076 JPY (0.0Y/65.0sq.m)7,200 JPY (0.0Y/1500.0sq.m)
Nishitetsuyanagawa-26,237 JPY (0.0Y/360.0sq.m)25,543 JPY (0.0Y/625.0sq.m)
Tokumasu-16,640 JPY (0.0Y/690.0sq.m)-
Shiotsuka-14,268 JPY (0.0Y/365.0sq.m)-
Nishitetsunakashima-19,956 JPY (0.0Y/292.0sq.m)9,047 JPY (0.0Y/1105.0sq.m)
Enoura---
Hiraki-23,076 JPY (0.0Y/260.0sq.m)-
Nishitetsuwataze-2,739 JPY (0.0Y/730.0sq.m)6,111 JPY (0.0Y/180.0sq.m)
Kuranaga--18,888 JPY (0.0Y/180.0sq.m)
Higashiamagi-19,411 JPY (0.0Y/340.0sq.m)24,398 JPY (0.0Y/763.3sq.m)
Nishitetsuginnsui---
Shinnsakaemachi-15,707 JPY (0.0Y/494.0sq.m)16,169 JPY (0.0Y/1055.0sq.m)
Oomuta47,168 JPY (0.0Y/181.2sq.m)20,064 JPY (0.0Y/455.6sq.m)28,365 JPY (0.0Y/423.3sq.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

Kushiwara54,545 JPY/sq.m (+172% compared with the previous year)

The average price of a sq.m Land of Kushiwara was 54,545 JPY/sq.m. The market value represents an increase of 34,475 JPY (+171.8%) 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 165.0 sq.m (a -35.5% decrease compared to the 256.0 sq.m of last year.).

Oomuta47,168 JPY/sq.m (+135% compared with the previous year)

The average price of a sq.m Land of Oomuta was 47,168 JPY/sq.m. The market value represents an increase of 27,104 JPY (+135.1%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 181.2 sq.m (a -60.2% decrease compared to the 455.6 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 24.3 min in 2013 and 7.5 min in 2014; -69.2%)

Chikushi3,793 JPY/sq.m (-87% compared with the previous year)

The average price of a sq.m Land of Chikushi was 3,793 JPY/sq.m. The market value represents a decrease of 24,315 JPY (-86.5%) 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 290.0 sq.m (a +56.8% increase compared to the 185.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 26.0 min in 2013 and 18.0 min in 2014; -30.8%)

Shikennjoumae19,556 JPY/sq.m (-61% compared with the previous year)

The average price of a sq.m Land of Shikennjoumae was 19,556 JPY/sq.m. The market value represents a decrease of 30,990 JPY (-61.3%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 363.3 sq.m (a +71.0% increase compared to the 212.5 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 8.0 min in 2013 and 9.0 min in 2014; +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)