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, 2015 to Sep, 2015 was 51,578 JPY/sq.m. The market value represents a decrease of 4,004 JPY (-7.2%) compared to 1 year ago and a transition to a bear market. 112 properties exchanged hands ( The market value represents an increase of 4 (+3.7%) compared to 1 year ago and a transition to a some market.).

The average size of the real estate was 541.8 sq.m (a +10.7% increase compared to the 489.3 sq.m of last year.).

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

13 stations have experienced increased prices; 11 stations have experienced decreased prices. Market value of most stations decreased. Yakuinn, Tofuroumae, Nishitetsufutsukaichi, Murasaki, Chikushi, Ooho, Kushiwara, Oomizo, Nishitetsuyanagawa, Nishitetsunakashima, Oomuta station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Hacchoumuta station, where prices have increased +101.2% compared to last year; a sq.m unit now costs 25,000 JPY/sq.m.

The top 2 stations has seen prices increase +84.6% (+22,949 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -64.3% (-33,319 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 1.9% of total transactions in 2014 and 2.7% 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 7.4% of total transactions in 2014 and 5.4% 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 750,000 JPY/sq.m. The market value represents an increase of 184,483 JPY (+32.6%) 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 price of a sq.m Land of Higashiamagi, the lowest market value along this railway was 1,470 JPY/sq.m. The market value represents a decrease of 1,578 JPY (-51.8%) 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)---
Yakuinn750,000 JPY (0.0Y/80.0sq.m)565,517 JPY (0.0Y/145.0sq.m)-
Nishitetsuhirao150,102 JPY (0.0Y/153.3sq.m)166,119 JPY (0.0Y/478.0sq.m)177,362 JPY (0.0Y/310.0sq.m)
Takamiya119,713 JPY (0.0Y/500.0sq.m)124,756 JPY (0.0Y/236.0sq.m)119,147 JPY (0.0Y/372.6sq.m)
Oohashi60,256 JPY (0.0Y/506.0sq.m)69,343 JPY (0.0Y/678.8sq.m)102,794 JPY (0.0Y/299.3sq.m)
Ijiri--88,357 JPY (0.0Y/466.2sq.m)
Zasshonokuma-82,826 JPY (0.0Y/570.0sq.m)83,483 JPY (0.0Y/530.0sq.m)
Kasugabaru121,969 JPY (0.0Y/192.5sq.m)-96,551 JPY (0.0Y/145.0sq.m)
Shirakibaru-33,333 JPY (0.0Y/360.0sq.m)-
Shimooori66,788 JPY (0.0Y/221.7sq.m)95,505 JPY (0.0Y/177.5sq.m)79,267 JPY (0.0Y/300.0sq.m)
Tofuroumae42,857 JPY (0.0Y/140.0sq.m)28,275 JPY (0.0Y/290.0sq.m)54,831 JPY (0.0Y/213.3sq.m)
Nishitetsufutsukaichi82,310 JPY (0.0Y/257.5sq.m)48,986 JPY (0.0Y/710.0sq.m)75,785 JPY (0.0Y/596.7sq.m)
Murasaki54,000 JPY (0.0Y/150.0sq.m)37,931 JPY (0.0Y/290.0sq.m)43,322 JPY (0.0Y/447.5sq.m)
Asakuragaidou43,604 JPY (0.0Y/335.0sq.m)90,256 JPY (0.0Y/150.0sq.m)43,258 JPY (0.0Y/228.3sq.m)
Sakuradai---
Chikushi88,888 JPY (0.0Y/180.0sq.m)57,220 JPY (0.0Y/348.0sq.m)31,788 JPY (0.0Y/1088.3sq.m)
Tsuko19,647 JPY (0.0Y/745.0sq.m)18,414 JPY (0.0Y/493.3sq.m)28,684 JPY (0.0Y/256.2sq.m)
Mikunigaoka26,053 JPY (0.0Y/524.3sq.m)-55,941 JPY (0.0Y/975.0sq.m)
Mitsusawa--62,638 JPY (0.0Y/380.0sq.m)
Ooho19,372 JPY (0.0Y/475.0sq.m)16,027 JPY (0.0Y/660.0sq.m)46,428 JPY (0.0Y/280.0sq.m)
Nishitetsuogoori52,972 JPY (0.0Y/185.0sq.m)61,363 JPY (0.0Y/220.0sq.m)46,666 JPY (0.0Y/300.0sq.m)
Hatama-25,185 JPY (0.0Y/135.0sq.m)27,852 JPY (0.0Y/660.0sq.m)
Miyanojinn44,444 JPY (0.0Y/1800.0sq.m)--
Kushiwara45,945 JPY (0.0Y/740.0sq.m)33,333 JPY (0.0Y/240.0sq.m)45,454 JPY (0.0Y/330.0sq.m)
Nishitetsukurume43,354 JPY (0.0Y/1103.3sq.m)45,756 JPY (0.0Y/328.0sq.m)56,452 JPY (0.0Y/395.7sq.m)
Hanabatake19,549 JPY (0.0Y/131.7sq.m)84,609 JPY (0.0Y/268.0sq.m)64,495 JPY (0.0Y/308.5sq.m)
Shikennjoumae-37,678 JPY (0.0Y/1020.0sq.m)49,159 JPY (0.0Y/272.0sq.m)
Tsubuku36,191 JPY (0.0Y/308.8sq.m)-30,991 JPY (0.0Y/784.0sq.m)
Yasutake24,285 JPY (0.0Y/350.0sq.m)-27,272 JPY (0.0Y/660.0sq.m)
Daizennji32,077 JPY (0.0Y/814.2sq.m)-30,493 JPY (0.0Y/332.5sq.m)
Mizuma--26,350 JPY (0.0Y/446.7sq.m)
Inuduka-30,681 JPY (0.0Y/216.7sq.m)21,637 JPY (0.0Y/230.0sq.m)
Oomizo15,274 JPY (0.0Y/212.5sq.m)12,254 JPY (0.0Y/360.0sq.m)12,600 JPY (0.0Y/170.0sq.m)
Hacchoumuta25,000 JPY (0.0Y/320.0sq.m)12,427 JPY (0.0Y/820.0sq.m)12,358 JPY (0.0Y/440.0sq.m)
Kamachi10,470 JPY (0.0Y/85.0sq.m)-17,184 JPY (0.0Y/408.8sq.m)
Yakabe16,386 JPY (0.0Y/1163.3sq.m)-21,558 JPY (0.0Y/195.0sq.m)
Nishitetsuyanagawa25,177 JPY (0.0Y/658.6sq.m)16,773 JPY (0.0Y/690.0sq.m)19,460 JPY (0.0Y/415.6sq.m)
Tokumasu-22,950 JPY (0.0Y/610.0sq.m)14,853 JPY (0.0Y/785.0sq.m)
Shiotsuka13,050 JPY (0.0Y/840.0sq.m)20,833 JPY (0.0Y/720.0sq.m)15,788 JPY (0.0Y/187.5sq.m)
Nishitetsunakashima12,165 JPY (0.0Y/498.8sq.m)8,131 JPY (0.0Y/183.3sq.m)9,777 JPY (0.0Y/676.7sq.m)
Enoura3,238 JPY (0.0Y/105.0sq.m)--
Hiraki22,592 JPY (0.0Y/270.0sq.m)-5,303 JPY (0.0Y/660.0sq.m)
Nishitetsuwataze-14,000 JPY (0.0Y/550.0sq.m)-
Kuranaga-16,785 JPY (0.0Y/280.0sq.m)21,428 JPY (0.0Y/280.0sq.m)
Higashiamagi1,470 JPY (0.0Y/1700.0sq.m)3,048 JPY (0.0Y/820.0sq.m)20,000 JPY (0.0Y/325.0sq.m)
Nishitetsuginnsui-17,882 JPY (0.0Y/270.0sq.m)30,434 JPY (0.0Y/230.0sq.m)
Shinnsakaemachi16,924 JPY (0.0Y/913.0sq.m)26,153 JPY (0.0Y/914.0sq.m)27,085 JPY (0.0Y/178.3sq.m)
Oomuta27,449 JPY (0.0Y/463.7sq.m)20,833 JPY (0.0Y/396.7sq.m)27,621 JPY (0.0Y/538.3sq.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

Hacchoumuta25,000 JPY/sq.m (+101% compared with the previous year)

The average price of a sq.m Land of Hacchoumuta was 25,000 JPY/sq.m. The market value represents an increase of 12,573 JPY (+101.2%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 5 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 320.0 sq.m (a -61.0% decrease compared to the 820.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 51.5 min in 2014 and 5.0 min in 2015; -90.3%)

Nishitetsufutsukaichi82,310 JPY/sq.m (+68% compared with the previous year)

The average price of a sq.m Land of Nishitetsufutsukaichi was 82,310 JPY/sq.m. The market value represents an increase of 33,325 JPY (+68.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) 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 -63.7% decrease compared to the 710.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.8 min in 2014 and 8.0 min in 2015; -59.7%)

Hanabatake19,549 JPY/sq.m (-77% compared with the previous year)

The average price of a sq.m Land of Hanabatake was 19,549 JPY/sq.m. The market value represents a decrease of 65,060 JPY (-76.9%) 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 131.7 sq.m (a -50.9% decrease compared to the 268.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.8 min in 2014 and 17.0 min in 2015; +73.5%)

Higashiamagi1,470 JPY/sq.m (-52% compared with the previous year)

The average price of a sq.m Land of Higashiamagi was 1,470 JPY/sq.m. The market value represents a decrease of 1,578 JPY (-51.8%) 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 1700.0 sq.m (a +107.3% increase compared to the 820.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.0 min in 2014 and 19.0 min in 2015; +58.3%)

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)