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, 2015 to Jun, 2015 was 71,993 JPY/sq.m. The market value represents an increase of 6,429 JPY (+9.8%) compared to 1 year ago and a transition to a strong market. 71 properties exchanged hands ( The market value represents a decrease of 13 (-15.5%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 368.9 sq.m (a -14.2% decrease compared to the 430.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station.

8 stations have experienced increased prices; 7 stations have experienced decreased prices. Market value of most stations decreased. Nishitetsuhirao, Oohashi, Ijiri station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Kasugabaru station, where prices have increased +1197.5% compared to last year; a sq.m unit now costs 178,970 JPY/sq.m.

The top 2 stations has seen prices increase +665.5% (+120,733 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -54.5% (-25,358 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.2% of total transactions in 2014 and 2.8% of total transactions in 2015)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 10.7% of total transactions in 2014 and 8.5% 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 Kasugabaru, the highest market value along this railway was 178,970 JPY/sq.m. The market value represents an increase of 165,177 JPY (+1197.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Enoura, the lowest market value along this railway was 4,666 JPY/sq.m. The market value represents an increase of 2,633 JPY (+129.5%) 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(2015)1 year ago2 years ago
Fukuoka (Tenjin)--246,666 JPY (0.0Y/150.0sq.m)
Yakuinn-340,000 JPY (0.0Y/500.0sq.m)-
Nishitetsuhirao155,871 JPY (0.0Y/216.7sq.m)97,552 JPY (0.0Y/650.0sq.m)213,405 JPY (0.0Y/378.1sq.m)
Takamiya111,660 JPY (0.0Y/414.6sq.m)118,316 JPY (0.0Y/239.4sq.m)106,260 JPY (0.0Y/269.3sq.m)
Oohashi103,225 JPY (0.0Y/155.0sq.m)71,792 JPY (0.0Y/686.0sq.m)91,718 JPY (0.0Y/405.8sq.m)
Ijiri118,713 JPY (0.0Y/216.7sq.m)84,413 JPY (0.0Y/259.4sq.m)95,373 JPY (0.0Y/353.9sq.m)
Zasshonokuma51,875 JPY (0.0Y/160.0sq.m)81,086 JPY (0.0Y/175.0sq.m)113,792 JPY (0.0Y/145.0sq.m)
Kasugabaru178,970 JPY (0.0Y/257.5sq.m)13,793 JPY (0.0Y/145.0sq.m)38,453 JPY (0.0Y/713.3sq.m)
Shirakibaru-78,260 JPY (0.0Y/230.0sq.m)104,494 JPY (0.0Y/146.7sq.m)
Shimooori70,764 JPY (0.0Y/521.2sq.m)-64,871 JPY (0.0Y/226.7sq.m)
Tofuroumae-59,285 JPY (0.0Y/175.0sq.m)41,164 JPY (0.0Y/377.5sq.m)
Nishitetsufutsukaichi66,316 JPY (0.0Y/212.5sq.m)74,695 JPY (0.0Y/176.2sq.m)55,770 JPY (0.0Y/218.8sq.m)
Murasaki-55,166 JPY (0.0Y/182.5sq.m)50,494 JPY (0.0Y/271.7sq.m)
Asakuragaidou17,187 JPY (0.0Y/320.0sq.m)-21,306 JPY (0.0Y/370.0sq.m)
Sakuradai66,142 JPY (0.0Y/587.5sq.m)-35,883 JPY (0.0Y/251.7sq.m)
Chikushi42,835 JPY (0.0Y/250.0sq.m)-22,370 JPY (0.0Y/440.0sq.m)
Tsuko7,968 JPY (0.0Y/1006.7sq.m)29,473 JPY (0.0Y/95.0sq.m)27,333 JPY (0.0Y/733.3sq.m)
Mikunigaoka--24,696 JPY (0.0Y/765.0sq.m)
Mitsusawa-28,666 JPY (0.0Y/1500.0sq.m)-
Ooho---
Nishitetsuogoori-75,757 JPY (0.0Y/660.0sq.m)39,213 JPY (0.0Y/571.0sq.m)
Hatama-4,909 JPY (0.0Y/1100.0sq.m)-
Miyanojinn59,322 JPY (0.0Y/590.0sq.m)-60,000 JPY (0.0Y/200.0sq.m)
Kushiwara---
Nishitetsukurume65,471 JPY (0.0Y/578.6sq.m)75,889 JPY (0.0Y/542.5sq.m)39,963 JPY (0.0Y/245.6sq.m)
Hanabatake133,431 JPY (0.0Y/181.7sq.m)57,142 JPY (0.0Y/35.0sq.m)88,122 JPY (0.0Y/235.0sq.m)
Shikennjoumae-37,527 JPY (0.0Y/202.5sq.m)42,222 JPY (0.0Y/90.0sq.m)
Tsubuku46,608 JPY (0.0Y/250.0sq.m)39,972 JPY (0.0Y/270.0sq.m)22,694 JPY (0.0Y/458.3sq.m)
Yasutake18,410 JPY (0.0Y/257.5sq.m)22,718 JPY (0.0Y/280.0sq.m)-
Daizennji-44,873 JPY (0.0Y/680.0sq.m)30,800 JPY (0.0Y/250.0sq.m)
Mizuma--12,165 JPY (0.0Y/370.0sq.m)
Inuduka-12,631 JPY (0.0Y/570.0sq.m)6,666 JPY (0.0Y/45.0sq.m)
Oomizo-11,538 JPY (0.0Y/1300.0sq.m)18,398 JPY (0.0Y/193.8sq.m)
Hacchoumuta20,000 JPY (0.0Y/310.0sq.m)-11,816 JPY (0.0Y/556.7sq.m)
Kamachi18,000 JPY (0.0Y/330.0sq.m)8,380 JPY (0.0Y/335.0sq.m)13,876 JPY (0.0Y/303.3sq.m)
Yakabe18,000 JPY (0.0Y/250.0sq.m)-16,390 JPY (0.0Y/733.3sq.m)
Nishitetsuyanagawa21,167 JPY (0.0Y/285.8sq.m)-25,118 JPY (0.0Y/516.0sq.m)
Tokumasu--25,789 JPY (0.0Y/380.0sq.m)
Shiotsuka--15,691 JPY (0.0Y/676.7sq.m)
Nishitetsunakashima--17,666 JPY (0.0Y/350.0sq.m)
Enoura4,666 JPY (0.0Y/60.0sq.m)2,033 JPY (0.0Y/590.0sq.m)-
Hiraki8,472 JPY (0.0Y/345.0sq.m)-3,181 JPY (0.0Y/440.0sq.m)
Nishitetsuwataze---
Kuranaga---
Higashiamagi-30,500 JPY (0.0Y/620.0sq.m)14,141 JPY (0.0Y/663.3sq.m)
Nishitetsuginnsui--15,242 JPY (0.0Y/506.7sq.m)
Shinnsakaemachi-16,483 JPY (0.0Y/1455.0sq.m)28,472 JPY (0.0Y/1150.0sq.m)
Oomuta19,454 JPY (0.0Y/207.5sq.m)25,657 JPY (0.0Y/240.6sq.m)28,408 JPY (0.0Y/591.3sq.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

Kasugabaru178,970 JPY/sq.m (+1198% compared with the previous year)

The average price of a sq.m Land of Kasugabaru was 178,970 JPY/sq.m. The market value represents an increase of 165,177 JPY (+1197.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 257.5 sq.m (a +77.6% increase compared to the 145.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.0 min in 2014 and 5.5 min in 2015; -81.7%)

Hanabatake133,431 JPY/sq.m (+134% compared with the previous year)

The average price of a sq.m Land of Hanabatake was 133,431 JPY/sq.m. The market value represents an increase of 76,289 JPY (+133.5%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 181.7 sq.m (a +419.0% increase compared to the 35.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.0 min in 2014 and 10.0 min in 2015; +66.7%)

Tsuko7,968 JPY/sq.m (-73% compared with the previous year)

The average price of a sq.m Land of Tsuko was 7,968 JPY/sq.m. The market value represents a decrease of 21,505 JPY (-73.0%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 1006.7 sq.m (a +959.6% increase compared to the 95.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 1.0 min in 2014 and 50.0 min in 2015; +4900.0%)

Zasshonokuma51,875 JPY/sq.m (-36% compared with the previous year)

The average price of a sq.m Land of Zasshonokuma was 51,875 JPY/sq.m. The market value represents a decrease of 29,210 JPY (-36.0%) 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 160.0 sq.m (a -8.6% decrease compared to the 175.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 24.0 min in 2014 and 6.0 min in 2015; -75.0%)

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)