JR Kakogawa Line railway market report

JR Kakogawa Line Land market overview

The average price of a sq.m Land of JR Kakogawa Line (Kakogawa to Tanikawa), in Jan, 2016 to Mar, 2016 was 40,201 JPY/sq.m. The market value represents an increase of 9,369 JPY (+30.4%) compared to 1 year ago and a transition to a dramatic market. 40 properties exchanged hands ( The market value represents an increase of 7 (+21.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 376.2 sq.m (a -32.6% decrease compared to the 558.2 sq.m of last year.).

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

4 stations have experienced increased prices; 5 stations have experienced decreased prices. Market value of most stations decreased. Takino station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Yashirochou station, where prices have increased +441.9% compared to last year; a sq.m unit now costs 43,333 JPY/sq.m.

The top 2 stations has seen prices increase +318.1% (+21,994 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -79.5% (-6,153 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 39.1 min in 2015 and 26.2 min in 2016; -32.9%)

Breakdown of each segment

The table below shows Land dealt in JR Kakogawa 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 Kakogawa, the highest market value along this railway was 73,547 JPY/sq.m. The market value represents a decrease of 1,132 JPY (-1.5%) compared to 1 year ago and a transition to a slight market. 12 properties exchanged hands ( The market value represents an increase of 4 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Ao, the lowest market value along this railway was 952 JPY/sq.m. The market value represents a decrease of 8,066 JPY (-89.4%) 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.).

JR Kakogawa Line (Stations Land market overview)
JR Kakogawa LineThis year(2016)1 year ago2 years ago
Kakogawa73,547 JPY (0.0Y/316.7sq.m)74,679 JPY (0.0Y/268.1sq.m)58,193 JPY (0.0Y/333.8sq.m)
Hioka92,404 JPY (0.0Y/117.5sq.m)--
Kannno31,478 JPY (0.0Y/263.0sq.m)64,574 JPY (0.0Y/295.0sq.m)66,666 JPY (0.0Y/1120.0sq.m)
Yakujinn13,106 JPY (0.0Y/670.0sq.m)4,454 JPY (0.0Y/1012.5sq.m)5,555 JPY (0.0Y/1933.3sq.m)
Ichiba---
Onomachi7,777 JPY (0.0Y/450.0sq.m)--
Ao952 JPY (0.0Y/210.0sq.m)9,018 JPY (0.0Y/202.5sq.m)10,000 JPY (0.0Y/150.0sq.m)
Kawainishi--11,232 JPY (0.0Y/372.5sq.m)
Aonogahara-5,833 JPY (0.0Y/60.0sq.m)-
Yashirochou43,333 JPY (0.0Y/1000.0sq.m)7,997 JPY (0.0Y/643.3sq.m)460 JPY (0.0Y/560.0sq.m)
Takino24,213 JPY (0.0Y/328.3sq.m)15,259 JPY (0.0Y/517.5sq.m)16,767 JPY (0.0Y/317.5sq.m)
Taki3,703 JPY (0.0Y/270.0sq.m)--
Nishiwakishi27,584 JPY (0.0Y/296.7sq.m)34,210 JPY (0.0Y/190.0sq.m)19,507 JPY (0.0Y/962.5sq.m)
Shinnnishiwaki--24,286 JPY (0.0Y/285.0sq.m)
Hie--8,972 JPY (0.0Y/202.5sq.m)
Nihonnhesokouenn10,937 JPY (0.0Y/320.0sq.m)-12,500 JPY (0.0Y/200.0sq.m)
Kurodashou7,692 JPY (0.0Y/130.0sq.m)3,291 JPY (0.0Y/1395.0sq.m)-
Honnkuroda-2,307 JPY (0.0Y/1300.0sq.m)-
Funamachiguchi--4,255 JPY (0.0Y/470.0sq.m)
Kugemura1,858 JPY (0.0Y/915.0sq.m)6,097 JPY (0.0Y/820.0sq.m)-
Tanikawa7,586 JPY (0.0Y/290.0sq.m)-322 JPY (0.0Y/310.0sq.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

Yashirochou43,333 JPY/sq.m (+442% compared with the previous year)

The average price of a sq.m Land of Yashirochou was 43,333 JPY/sq.m. The market value represents an increase of 35,336 JPY (+441.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 1000.0 sq.m (a +55.4% increase compared to the 643.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 90.0 min in 2015 and 18.0 min in 2016; -80.0%)

Yakujinn13,106 JPY/sq.m (+194% compared with the previous year)

The average price of a sq.m Land of Yakujinn was 13,106 JPY/sq.m. The market value represents an increase of 8,652 JPY (+194.3%) 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 670.0 sq.m (a -33.8% decrease compared to the 1012.5 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 35.8 min in 2015 and 30.0 min in 2016; -16.1%)

Ao952 JPY/sq.m (-89% compared with the previous year)

The average price of a sq.m Land of Ao was 952 JPY/sq.m. The market value represents a decrease of 8,066 JPY (-89.4%) 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 210.0 sq.m (a +3.7% increase compared to the 202.5 sq.m of last year.).

Kugemura1,858 JPY/sq.m (-70% compared with the previous year)

The average price of a sq.m Land of Kugemura was 1,858 JPY/sq.m. The market value represents a decrease of 4,240 JPY (-69.5%) compared to 1 year ago and a transition to a dramatic 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 size of the real estate was 915.0 sq.m (a +11.6% 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 30.0 min in 2015 and 43.0 min in 2016; +43.3%)

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)