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, 2017 to Mar, 2017 was 80,253 JPY/sq.m. The market value represents an increase of 40,052 JPY (+99.6%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 36 (-90.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 292.5 sq.m (a -22.3% decrease compared to the 376.2 sq.m of last year.).

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

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Kakogawa station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Kakogawa station, where prices have increased +65.4% compared to last year; a sq.m unit now costs 121,666 JPY/sq.m.

The top 1 stations has seen prices increase +65.4% (+48,119 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -22.7% (-20,976 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 26.2 min in 2016 and 19.2 min in 2017; -26.5%)

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 121,666 JPY/sq.m. The market value represents an increase of 48,119 JPY (+65.4%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 10 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Hioka, the lowest market value along this railway was 71,428 JPY/sq.m. The market value represents a decrease of 20,976 JPY (-22.7%) 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(2017)1 year ago2 years ago
Kakogawa121,666 JPY (0.0Y/275.0sq.m)73,547 JPY (0.0Y/316.7sq.m)74,679 JPY (0.0Y/268.1sq.m)
Hioka71,428 JPY (0.0Y/140.0sq.m)92,404 JPY (0.0Y/117.5sq.m)-
Kannno-31,478 JPY (0.0Y/263.0sq.m)64,574 JPY (0.0Y/295.0sq.m)
Yakujinn-13,106 JPY (0.0Y/670.0sq.m)4,454 JPY (0.0Y/1012.5sq.m)
Ichiba---
Onomachi-7,777 JPY (0.0Y/450.0sq.m)-
Ao-952 JPY (0.0Y/210.0sq.m)9,018 JPY (0.0Y/202.5sq.m)
Kawainishi---
Aonogahara6,250 JPY (0.0Y/480.0sq.m)-5,833 JPY (0.0Y/60.0sq.m)
Yashirochou-43,333 JPY (0.0Y/1000.0sq.m)7,997 JPY (0.0Y/643.3sq.m)
Takino-24,213 JPY (0.0Y/328.3sq.m)15,259 JPY (0.0Y/517.5sq.m)
Taki-3,703 JPY (0.0Y/270.0sq.m)-
Nishiwakishi-27,584 JPY (0.0Y/296.7sq.m)34,210 JPY (0.0Y/190.0sq.m)
Shinnnishiwaki---
Hie---
Nihonnhesokouenn-10,937 JPY (0.0Y/320.0sq.m)-
Kurodashou-7,692 JPY (0.0Y/130.0sq.m)3,291 JPY (0.0Y/1395.0sq.m)
Honnkuroda--2,307 JPY (0.0Y/1300.0sq.m)
Funamachiguchi---
Kugemura-1,858 JPY (0.0Y/915.0sq.m)6,097 JPY (0.0Y/820.0sq.m)
Tanikawa-7,586 JPY (0.0Y/290.0sq.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

Kakogawa121,666 JPY/sq.m (+65% compared with the previous year)

The average price of a sq.m Land of Kakogawa was 121,666 JPY/sq.m. The market value represents an increase of 48,119 JPY (+65.4%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 10 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 275.0 sq.m (a -13.2% decrease compared to the 316.7 sq.m of last year.).

Hioka71,428 JPY/sq.m (-23% compared with the previous year)

The average price of a sq.m Land of Hioka was 71,428 JPY/sq.m. The market value represents a decrease of 20,976 JPY (-22.7%) 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 140.0 sq.m (a +19.1% increase compared to the 117.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.5 min in 2016 and 8.0 min in 2017; -44.8%)

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)