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 Jan, 2014 to Dec, 2014 was 67,120 JPY/sq.m. The market value represents an increase of 1,527 JPY (+2.3%) compared to 1 year ago and a transition to a slight market. 363 properties exchanged hands ( The market value represents a decrease of 368 (-50.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 463.5 sq.m (a +10.3% increase compared to the 420.1 sq.m of last year.).

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

21 stations have experienced increased prices; 25 stations have experienced decreased prices. The overall trend was the same as last year. Fukuoka (Tenjin), Yakuinn, Kasugabaru, Tofuroumae, Asakuragaidou, Chikushi, Nishitetsuogoori, Hanabatake, Yasutake, Inuduka, Hacchoumuta, Tokumasu, Nishitetsuwataze 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 +97.4% compared to last year; a sq.m unit now costs 77,287 JPY/sq.m.

The top 2 stations has seen prices increase +82.5% (+23,827 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -74.9% (-14,362 JPY/sq.m).

Cause of price increases

  • An increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.5% of total transactions in 2013 and 9.4% of total transactions in 2014)

Causes of price decreases

  • An decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.9% of total transactions in 2013 and 1.7% 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

Top

Land stations market overview

The average price of a sq.m Land of Fukuoka (Tenjin), the highest market value along this railway was 700,000 JPY/sq.m. The market value represents an increase of 230,000 JPY (+48.9%) 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 price of a sq.m Land of Hiraki, the lowest market value along this railway was 420 JPY/sq.m. The market value represents a decrease of 10,100 JPY (-96.0%) 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.).

Nishitetsu Tenjin Omuta Line (Stations Land market overview)
Nishitetsu Tenjin Omuta LineThis year(2014)1 year ago2 years ago
Fukuoka (Tenjin)700,000 JPY (0.0Y/300.0sq.m)470,000 JPY (0.0Y/112.5sq.m)389,843 JPY (0.0Y/516.7sq.m)
Yakuinn413,284 JPY (0.0Y/240.0sq.m)322,419 JPY (0.0Y/133.3sq.m)251,719 JPY (0.0Y/318.3sq.m)
Nishitetsuhirao188,047 JPY (0.0Y/587.1sq.m)197,693 JPY (0.0Y/346.7sq.m)174,549 JPY (0.0Y/262.2sq.m)
Takamiya109,267 JPY (0.0Y/320.0sq.m)110,640 JPY (0.0Y/323.5sq.m)88,548 JPY (0.0Y/304.2sq.m)
Oohashi73,248 JPY (0.0Y/635.6sq.m)99,424 JPY (0.0Y/335.6sq.m)90,307 JPY (0.0Y/210.5sq.m)
Ijiri84,514 JPY (0.0Y/299.1sq.m)95,730 JPY (0.0Y/328.8sq.m)92,409 JPY (0.0Y/350.4sq.m)
Zasshonokuma87,933 JPY (0.0Y/303.3sq.m)95,710 JPY (0.0Y/385.6sq.m)86,829 JPY (0.0Y/540.5sq.m)
Kasugabaru124,910 JPY (0.0Y/168.8sq.m)95,132 JPY (0.0Y/331.7sq.m)76,066 JPY (0.0Y/285.7sq.m)
Shirakibaru61,998 JPY (0.0Y/494.2sq.m)102,932 JPY (0.0Y/184.5sq.m)94,986 JPY (0.0Y/269.7sq.m)
Shimooori79,141 JPY (0.0Y/232.5sq.m)72,071 JPY (0.0Y/295.0sq.m)62,888 JPY (0.0Y/473.4sq.m)
Tofuroumae60,544 JPY (0.0Y/518.1sq.m)45,584 JPY (0.0Y/435.9sq.m)54,455 JPY (0.0Y/670.0sq.m)
Nishitetsufutsukaichi59,532 JPY (0.0Y/485.0sq.m)59,136 JPY (0.0Y/430.7sq.m)51,248 JPY (0.0Y/367.5sq.m)
Murasaki48,285 JPY (0.0Y/356.4sq.m)51,086 JPY (0.0Y/340.4sq.m)63,607 JPY (0.0Y/283.7sq.m)
Asakuragaidou77,287 JPY (0.0Y/897.0sq.m)39,145 JPY (0.0Y/403.9sq.m)67,338 JPY (0.0Y/324.0sq.m)
Sakuradai32,500 JPY (0.0Y/400.0sq.m)42,348 JPY (0.0Y/253.3sq.m)47,619 JPY (0.0Y/306.7sq.m)
Chikushi42,447 JPY (0.0Y/347.5sq.m)34,940 JPY (0.0Y/749.5sq.m)55,281 JPY (0.0Y/548.0sq.m)
Tsuko20,143 JPY (0.0Y/515.0sq.m)26,602 JPY (0.0Y/384.5sq.m)20,265 JPY (0.0Y/466.9sq.m)
Mikunigaoka42,380 JPY (0.0Y/210.0sq.m)40,101 JPY (0.0Y/763.3sq.m)51,226 JPY (0.0Y/895.6sq.m)
Mitsusawa28,666 JPY (0.0Y/1500.0sq.m)52,870 JPY (0.0Y/343.3sq.m)43,166 JPY (0.0Y/437.9sq.m)
Ooho16,027 JPY (0.0Y/660.0sq.m)34,651 JPY (0.0Y/420.0sq.m)37,547 JPY (0.0Y/277.2sq.m)
Nishitetsuogoori52,348 JPY (0.0Y/302.5sq.m)38,140 JPY (0.0Y/522.0sq.m)28,012 JPY (0.0Y/288.3sq.m)
Hatama23,365 JPY (0.0Y/495.0sq.m)27,852 JPY (0.0Y/660.0sq.m)30,303 JPY (0.0Y/330.0sq.m)
Miyanojinn-67,554 JPY (0.0Y/835.0sq.m)39,766 JPY (0.0Y/1371.4sq.m)
Kushiwara38,597 JPY (0.0Y/256.2sq.m)33,184 JPY (0.0Y/256.4sq.m)65,967 JPY (0.0Y/161.7sq.m)
Nishitetsukurume71,972 JPY (0.0Y/517.5sq.m)66,595 JPY (0.0Y/465.5sq.m)52,202 JPY (0.0Y/459.4sq.m)
Hanabatake77,578 JPY (0.0Y/177.3sq.m)64,020 JPY (0.0Y/374.2sq.m)65,164 JPY (0.0Y/241.8sq.m)
Shikennjoumae29,869 JPY (0.0Y/505.0sq.m)52,275 JPY (0.0Y/315.5sq.m)48,809 JPY (0.0Y/356.9sq.m)
Tsubuku33,328 JPY (0.0Y/280.0sq.m)29,806 JPY (0.0Y/595.4sq.m)31,424 JPY (0.0Y/275.7sq.m)
Yasutake23,589 JPY (0.0Y/286.7sq.m)14,078 JPY (0.0Y/866.0sq.m)25,094 JPY (0.0Y/195.0sq.m)
Daizennji39,511 JPY (0.0Y/563.3sq.m)33,416 JPY (0.0Y/337.8sq.m)22,829 JPY (0.0Y/262.8sq.m)
Mizuma24,118 JPY (0.0Y/448.3sq.m)22,218 JPY (0.0Y/358.1sq.m)16,526 JPY (0.0Y/682.7sq.m)
Inuduka25,475 JPY (0.0Y/281.0sq.m)17,643 JPY (0.0Y/206.7sq.m)19,938 JPY (0.0Y/288.5sq.m)
Oomizo10,678 JPY (0.0Y/512.5sq.m)11,223 JPY (0.0Y/443.4sq.m)19,343 JPY (0.0Y/612.5sq.m)
Hacchoumuta15,147 JPY (0.0Y/750.0sq.m)10,764 JPY (0.0Y/606.2sq.m)13,559 JPY (0.0Y/571.2sq.m)
Kamachi11,175 JPY (0.0Y/278.0sq.m)14,311 JPY (0.0Y/400.8sq.m)16,208 JPY (0.0Y/623.0sq.m)
Yakabe10,368 JPY (0.0Y/1075.0sq.m)17,754 JPY (0.0Y/468.3sq.m)16,614 JPY (0.0Y/808.0sq.m)
Nishitetsuyanagawa19,074 JPY (0.0Y/667.9sq.m)24,825 JPY (0.0Y/475.9sq.m)23,227 JPY (0.0Y/533.2sq.m)
Tokumasu22,950 JPY (0.0Y/610.0sq.m)17,755 JPY (0.0Y/666.0sq.m)12,121 JPY (0.0Y/165.0sq.m)
Shiotsuka11,826 JPY (0.0Y/943.3sq.m)14,195 JPY (0.0Y/476.1sq.m)15,829 JPY (0.0Y/285.0sq.m)
Nishitetsunakashima7,899 JPY (0.0Y/450.0sq.m)16,444 JPY (0.0Y/419.0sq.m)11,491 JPY (0.0Y/663.3sq.m)
Enoura2,033 JPY (0.0Y/590.0sq.m)--
Hiraki420 JPY (0.0Y/500.0sq.m)10,520 JPY (0.0Y/453.3sq.m)-
Nishitetsuwataze14,000 JPY (0.0Y/550.0sq.m)9,400 JPY (0.0Y/530.0sq.m)14,419 JPY (0.0Y/1100.0sq.m)
Kuranaga16,785 JPY (0.0Y/280.0sq.m)21,428 JPY (0.0Y/280.0sq.m)20,231 JPY (0.0Y/200.0sq.m)
Higashiamagi16,212 JPY (0.0Y/577.5sq.m)18,595 JPY (0.0Y/468.6sq.m)21,423 JPY (0.0Y/592.5sq.m)
Nishitetsuginnsui18,321 JPY (0.0Y/221.7sq.m)24,786 JPY (0.0Y/353.8sq.m)18,826 JPY (0.0Y/242.2sq.m)
Shinnsakaemachi19,575 JPY (0.0Y/902.0sq.m)26,955 JPY (0.0Y/712.2sq.m)25,104 JPY (0.0Y/646.9sq.m)
Oomuta25,518 JPY (0.0Y/318.5sq.m)25,622 JPY (0.0Y/581.2sq.m)28,984 JPY (0.0Y/578.9sq.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.

Top

Noteworthy stations

Asakuragaidou77,287 JPY/sq.m (+97% compared with the previous year)

The average price of a sq.m Land of Asakuragaidou was 77,287 JPY/sq.m. The market value represents an increase of 38,142 JPY (+97.4%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 4 (-44.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 897.0 sq.m (a +122.1% increase compared to the 403.9 sq.m of last year.).

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 11.1% of total transactions in 2013 and 20.0% of total transactions in 2014)

Yasutake23,589 JPY/sq.m (+68% compared with the previous year)

The average price of a sq.m Land of Yasutake was 23,589 JPY/sq.m. The market value represents an increase of 9,512 JPY (+67.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 2 (-40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 286.7 sq.m (a -66.9% decrease compared to the 866.0 sq.m of last year.).

Hiraki420 JPY/sq.m (-96% compared with the previous year)

The average price of a sq.m Land of Hiraki was 420 JPY/sq.m. The market value represents a decrease of 10,100 JPY (-96.0%) 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 500.0 sq.m (a +10.3% increase compared to the 453.3 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 14.3 min in 2013 and 24.0 min in 2014; +67.4%)

Ooho16,027 JPY/sq.m (-54% 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 18,624 JPY (-53.7%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) 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 +57.1% increase compared to the 420.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 11.2 min in 2013 and 9.5 min in 2014; -15.6%)

Breakdown of each segment

Station:   Segment:

Top

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)