Nishitetsu Tenjin Omuta Line Fukuka 2015-1Q
Land market report

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, 2015 to Mar, 2015 was 74,271 JPY/sq.m. The market value represents an increase of 2,952 JPY (+4.1%) compared to 1 year ago and a transition to a some market. 116 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 445.4 sq.m (a -9.2% decrease compared to the 490.4 sq.m of last year.).

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

17 stations have experienced increased prices; 11 stations have experienced decreased prices. Market value of most stations decreased. Oohashi, Zasshonokuma, Shirakibaru, Shimooori, Murasaki, Sakuradai, Tsuko, Oomuta station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Chikushi station, where prices have increased +265.1% compared to last year; a sq.m unit now costs 90,688 JPY/sq.m.

The top 2 stations has seen prices increase +255.1% (+46,293 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -84.9% (-69,762 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 21.6 min in 2014 and 18.1 min in 2015; -16.3%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 0.9% of total transactions in 2014 and 3.4% of total transactions in 2015)

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 394,632 JPY/sq.m. The market value represents a decrease of 19,654 JPY (-4.7%) compared to 1 year ago and a transition to a some 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 Nishitetsuginnsui, the lowest market value along this railway was 1,000 JPY/sq.m. The market value represents a decrease of 18,200 JPY (-94.8%) 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(2015)1 year ago2 years ago
Fukuoka (Tenjin)-700,000 JPY (0.0Y/300.0sq.m)-
Yakuinn394,632 JPY (0.0Y/170.0sq.m)414,285 JPY (0.0Y/210.0sq.m)303,448 JPY (0.0Y/145.0sq.m)
Nishitetsuhirao259,821 JPY (0.0Y/182.5sq.m)323,284 JPY (0.0Y/501.2sq.m)192,727 JPY (0.0Y/342.2sq.m)
Takamiya132,677 JPY (0.0Y/268.1sq.m)64,595 JPY (0.0Y/249.4sq.m)119,332 JPY (0.0Y/266.9sq.m)
Oohashi94,542 JPY (0.0Y/360.0sq.m)77,981 JPY (0.0Y/1038.0sq.m)111,781 JPY (0.0Y/344.2sq.m)
Ijiri86,580 JPY (0.0Y/411.9sq.m)84,541 JPY (0.0Y/193.3sq.m)101,406 JPY (0.0Y/262.5sq.m)
Zasshonokuma115,118 JPY (0.0Y/388.8sq.m)95,186 JPY (0.0Y/167.5sq.m)100,962 JPY (0.0Y/258.8sq.m)
Kasugabaru40,625 JPY (0.0Y/960.0sq.m)161,949 JPY (0.0Y/176.7sq.m)112,241 JPY (0.0Y/270.8sq.m)
Shirakibaru93,783 JPY (0.0Y/173.3sq.m)65,099 JPY (0.0Y/593.8sq.m)113,323 JPY (0.0Y/225.0sq.m)
Shimooori88,854 JPY (0.0Y/490.8sq.m)62,777 JPY (0.0Y/287.5sq.m)70,853 JPY (0.0Y/318.0sq.m)
Tofuroumae66,000 JPY (0.0Y/500.0sq.m)72,560 JPY (0.0Y/832.5sq.m)47,415 JPY (0.0Y/225.0sq.m)
Nishitetsufutsukaichi52,380 JPY (0.0Y/1315.0sq.m)62,162 JPY (0.0Y/370.0sq.m)53,925 JPY (0.0Y/480.7sq.m)
Murasaki61,428 JPY (0.0Y/310.0sq.m)40,104 JPY (0.0Y/780.0sq.m)57,555 JPY (0.0Y/275.0sq.m)
Asakuragaidou32,792 JPY (0.0Y/916.7sq.m)-34,332 JPY (0.0Y/650.0sq.m)
Sakuradai50,000 JPY (0.0Y/320.0sq.m)32,500 JPY (0.0Y/400.0sq.m)-
Chikushi90,688 JPY (0.0Y/247.5sq.m)24,840 JPY (0.0Y/375.0sq.m)95,238 JPY (0.0Y/210.0sq.m)
Tsuko27,391 JPY (0.0Y/230.0sq.m)16,000 JPY (0.0Y/1000.0sq.m)27,227 JPY (0.0Y/271.7sq.m)
Mikunigaoka46,428 JPY (0.0Y/280.0sq.m)-46,000 JPY (0.0Y/500.0sq.m)
Mitsusawa--33,333 JPY (0.0Y/270.0sq.m)
Ooho26,646 JPY (0.0Y/281.7sq.m)-30,725 JPY (0.0Y/466.7sq.m)
Nishitetsuogoori37,647 JPY (0.0Y/170.0sq.m)10,909 JPY (0.0Y/110.0sq.m)30,063 JPY (0.0Y/633.3sq.m)
Hatama-40,000 JPY (0.0Y/250.0sq.m)-
Miyanojinn--77,142 JPY (0.0Y/1175.0sq.m)
Kushiwara25,692 JPY (0.0Y/117.5sq.m)33,256 JPY (0.0Y/310.0sq.m)86,486 JPY (0.0Y/185.0sq.m)
Nishitetsukurume86,182 JPY (0.0Y/632.1sq.m)85,086 JPY (0.0Y/479.3sq.m)65,540 JPY (0.0Y/526.2sq.m)
Hanabatake35,714 JPY (0.0Y/420.0sq.m)61,061 JPY (0.0Y/115.0sq.m)49,531 JPY (0.0Y/158.6sq.m)
Shikennjoumae70,041 JPY (0.0Y/315.0sq.m)-66,820 JPY (0.0Y/640.0sq.m)
Tsubuku10,522 JPY (0.0Y/390.0sq.m)28,899 JPY (0.0Y/286.7sq.m)34,213 JPY (0.0Y/533.3sq.m)
Yasutake-25,333 JPY (0.0Y/300.0sq.m)9,679 JPY (0.0Y/556.7sq.m)
Daizennji31,276 JPY (0.0Y/270.0sq.m)28,787 JPY (0.0Y/330.0sq.m)34,444 JPY (0.0Y/335.0sq.m)
Mizuma32,581 JPY (0.0Y/215.0sq.m)-24,787 JPY (0.0Y/261.7sq.m)
Inuduka8,815 JPY (0.0Y/626.7sq.m)-19,446 JPY (0.0Y/201.7sq.m)
Oomizo--8,817 JPY (0.0Y/596.4sq.m)
Hacchoumuta14,724 JPY (0.0Y/752.5sq.m)19,682 JPY (0.0Y/610.0sq.m)8,649 JPY (0.0Y/766.7sq.m)
Kamachi14,936 JPY (0.0Y/265.0sq.m)13,039 JPY (0.0Y/240.0sq.m)12,279 JPY (0.0Y/548.3sq.m)
Yakabe-10,368 JPY (0.0Y/1075.0sq.m)13,642 JPY (0.0Y/643.8sq.m)
Nishitetsuyanagawa15,345 JPY (0.0Y/385.0sq.m)21,663 JPY (0.0Y/643.3sq.m)28,967 JPY (0.0Y/601.9sq.m)
Tokumasu9,090 JPY (0.0Y/1550.0sq.m)--
Shiotsuka-2,818 JPY (0.0Y/1055.0sq.m)10,282 JPY (0.0Y/575.0sq.m)
Nishitetsunakashima25,231 JPY (0.0Y/623.3sq.m)7,760 JPY (0.0Y/610.0sq.m)-
Enoura2,777 JPY (0.0Y/180.0sq.m)--
Hiraki-420 JPY (0.0Y/500.0sq.m)-
Nishitetsuwataze--16,060 JPY (0.0Y/330.0sq.m)
Kuranaga---
Higashiamagi-800 JPY (0.0Y/250.0sq.m)28,333 JPY (0.0Y/300.0sq.m)
Nishitetsuginnsui1,000 JPY (0.0Y/400.0sq.m)19,200 JPY (0.0Y/125.0sq.m)30,531 JPY (0.0Y/270.0sq.m)
Shinnsakaemachi32,476 JPY (0.0Y/190.0sq.m)14,028 JPY (0.0Y/513.3sq.m)40,810 JPY (0.0Y/947.5sq.m)
Oomuta21,009 JPY (0.0Y/583.8sq.m)14,098 JPY (0.0Y/455.0sq.m)22,499 JPY (0.0Y/712.9sq.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.

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Noteworthy stations

Chikushi90,688 JPY/sq.m (+265% compared with the previous year)

The average price of a sq.m Land of Chikushi was 90,688 JPY/sq.m. The market value represents an increase of 65,848 JPY (+265.1%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 4 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 247.5 sq.m (a -34.0% decrease compared to the 375.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 12.0 min in 2014 and 6.7 min in 2015; -44.4%)

Nishitetsuogoori37,647 JPY/sq.m (+245% compared with the previous year)

The average price of a sq.m Land of Nishitetsuogoori was 37,647 JPY/sq.m. The market value represents an increase of 26,738 JPY (+245.1%) 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 170.0 sq.m (a +54.5% increase compared to the 110.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.0 min in 2014 and 8.0 min in 2015; -42.9%)

Nishitetsuginnsui1,000 JPY/sq.m (-95% compared with the previous year)

The average price of a sq.m Land of Nishitetsuginnsui was 1,000 JPY/sq.m. The market value represents a decrease of 18,200 JPY (-94.8%) 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 400.0 sq.m (a +220.0% increase compared to the 125.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.0 min in 2014 and 9.0 min in 2015; -30.8%)

Kasugabaru40,625 JPY/sq.m (-75% compared with the previous year)

The average price of a sq.m Land of Kasugabaru was 40,625 JPY/sq.m. The market value represents a decrease of 121,324 JPY (-74.9%) 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 960.0 sq.m (a +443.4% increase compared to the 176.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.3 min in 2014 and 30.0 min in 2015; +143.2%)

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)