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, 2018 to Mar, 2018 was 38,031 JPY/sq.m. The market value represents a decrease of 42,222 JPY (-52.6%) compared to 1 year ago and a transition to a dramatic market. 29 properties exchanged hands ( The market value represents an increase of 25 (+625.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 487.4 sq.m (a +66.6% increase compared to the 292.5 sq.m of last year.).

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

0 stations have experienced increased prices; 2 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -34.4% (-41,813 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -36.7% (-26,206 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 19.2 min in 2017 and 36.4 min in 2018; +89.0%)

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 79,854 JPY/sq.m. The market value represents a decrease of 41,813 JPY (-34.4%) compared to 1 year ago and a transition to a dramatic market. 9 properties exchanged hands ( The market value represents an increase of 7 (+350.0%) 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 45,222 JPY/sq.m. The market value represents a decrease of 26,206 JPY (-36.7%) 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.).

JR Kakogawa Line (Stations Land market overview)
JR Kakogawa LineThis year(2018)1 year ago2 years ago
Kakogawa79,854 JPY (0.0Y/401.7sq.m)121,666 JPY (0.0Y/275.0sq.m)73,547 JPY (0.0Y/316.7sq.m)
Hioka45,222 JPY (0.0Y/170.0sq.m)71,428 JPY (0.0Y/140.0sq.m)92,404 JPY (0.0Y/117.5sq.m)
Kannno--31,478 JPY (0.0Y/263.0sq.m)
Yakujinn10,714 JPY (0.0Y/140.0sq.m)-13,106 JPY (0.0Y/670.0sq.m)
Ichiba---
Onomachi--7,777 JPY (0.0Y/450.0sq.m)
Ao--952 JPY (0.0Y/210.0sq.m)
Kawainishi---
Aonogahara-6,250 JPY (0.0Y/480.0sq.m)-
Yashirochou18,070 JPY (0.0Y/246.7sq.m)-43,333 JPY (0.0Y/1000.0sq.m)
Takino15,230 JPY (0.0Y/727.5sq.m)-24,213 JPY (0.0Y/328.3sq.m)
Taki--3,703 JPY (0.0Y/270.0sq.m)
Nishiwakishi16,326 JPY (0.0Y/681.7sq.m)-27,584 JPY (0.0Y/296.7sq.m)
Shinnnishiwaki53,103 JPY (0.0Y/145.0sq.m)--
Hie---
Nihonnhesokouenn4,034 JPY (0.0Y/1015.0sq.m)-10,937 JPY (0.0Y/320.0sq.m)
Kurodashou--7,692 JPY (0.0Y/130.0sq.m)
Honnkuroda8,800 JPY (0.0Y/125.0sq.m)--
Funamachiguchi---
Kugemura--1,858 JPY (0.0Y/915.0sq.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

Kakogawa79,854 JPY/sq.m (-34% compared with the previous year)

The average price of a sq.m Land of Kakogawa was 79,854 JPY/sq.m. The market value represents a decrease of 41,813 JPY (-34.4%) compared to 1 year ago and a transition to a dramatic market. 9 properties exchanged hands ( The market value represents an increase of 7 (+350.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 401.7 sq.m (a +46.1% increase compared to the 275.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 19.5 min in 2017 and 16.1 min in 2018; -17.4%)

Hioka45,222 JPY/sq.m (-37% compared with the previous year)

The average price of a sq.m Land of Hioka was 45,222 JPY/sq.m. The market value represents a decrease of 26,206 JPY (-36.7%) 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 170.0 sq.m (a +21.4% increase compared to the 140.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2017 and 16.0 min in 2018; +100.0%)

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)