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 Dec, 2018 was 47,994 JPY/sq.m. The market value represents an increase of 1,479 JPY (+3.2%) compared to 1 year ago and a transition to a some market. 100 properties exchanged hands ( The market value represents an increase of 49 (+96.1%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 395.8 sq.m (a +17.3% increase compared to the 337.5 sq.m of last year.).

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

5 stations have experienced increased prices; 6 stations have experienced decreased prices. Market value of most stations decreased. Yakujinn station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Nishiwakishi station, where prices have increased +1499.8% compared to last year; a sq.m unit now costs 21,970 JPY/sq.m.

The top 2 stations has seen prices increase +946.0% (+20,584 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -57.0% (-14,162 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 34.3 min in 2017 and 28.5 min in 2018; -16.9%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 2.0% of total transactions in 2017 and 4.0% of total transactions in 2018)

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 90,380 JPY/sq.m. The market value represents a decrease of 163 JPY (-0.2%) compared to 1 year ago and a transition to a slight market. 37 properties exchanged hands ( The market value represents an increase of 21 (+131.2%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Nihonnhesokouenn, the lowest market value along this railway was 4,034 JPY/sq.m. The market value represents a decrease of 7,004 JPY (-63.5%) 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.).

JR Kakogawa Line (Stations Land market overview)
JR Kakogawa LineThis year(2018)1 year ago2 years ago
Kakogawa90,380 JPY (0.0Y/320.8sq.m)90,543 JPY (0.0Y/254.7sq.m)96,479 JPY (0.0Y/220.6sq.m)
Hioka62,682 JPY (0.0Y/155.0sq.m)70,931 JPY (0.0Y/127.5sq.m)79,649 JPY (0.0Y/173.3sq.m)
Kannno84,905 JPY (0.0Y/1265.0sq.m)30,355 JPY (0.0Y/327.0sq.m)49,916 JPY (0.0Y/265.0sq.m)
Yakujinn5,915 JPY (0.0Y/292.5sq.m)3,529 JPY (0.0Y/1170.0sq.m)16,853 JPY (0.0Y/367.1sq.m)
Ichiba1,600 JPY (0.0Y/350.0sq.m)-13,822 JPY (0.0Y/635.0sq.m)
Onomachi--6,481 JPY (0.0Y/495.0sq.m)
Ao--9,410 JPY (0.0Y/190.0sq.m)
Kawainishi26,785 JPY (0.0Y/280.0sq.m)8,571 JPY (0.0Y/210.0sq.m)9,272 JPY (0.0Y/200.0sq.m)
Aonogahara4,642 JPY (0.0Y/280.0sq.m)8,514 JPY (0.0Y/232.5sq.m)7,641 JPY (0.0Y/623.3sq.m)
Yashirochou25,815 JPY (0.0Y/197.9sq.m)5,245 JPY (0.0Y/395.0sq.m)27,869 JPY (0.0Y/662.3sq.m)
Takino20,937 JPY (0.0Y/527.5sq.m)42,258 JPY (0.0Y/281.1sq.m)26,189 JPY (0.0Y/624.8sq.m)
Taki--32,144 JPY (0.0Y/165.0sq.m)
Nishiwakishi21,970 JPY (0.0Y/422.9sq.m)1,373 JPY (0.0Y/683.3sq.m)16,996 JPY (0.0Y/668.5sq.m)
Shinnnishiwaki19,262 JPY (0.0Y/380.0sq.m)30,207 JPY (0.0Y/208.8sq.m)28,214 JPY (0.0Y/390.0sq.m)
Hie27,333 JPY (0.0Y/150.0sq.m)-15,952 JPY (0.0Y/155.0sq.m)
Nihonnhesokouenn4,034 JPY (0.0Y/1343.3sq.m)11,038 JPY (0.0Y/770.0sq.m)6,953 JPY (0.0Y/242.5sq.m)
Kurodashou10,136 JPY (0.0Y/358.3sq.m)-5,405 JPY (0.0Y/356.7sq.m)
Honnkuroda4,578 JPY (0.0Y/202.5sq.m)-7,963 JPY (0.0Y/523.3sq.m)
Funamachiguchi1,642 JPY (0.0Y/1400.0sq.m)-10,921 JPY (0.0Y/760.0sq.m)
Kugemura12,500 JPY (0.0Y/320.0sq.m)-5,566 JPY (0.0Y/800.0sq.m)
Tanikawa967 JPY (0.0Y/310.0sq.m)-5,274 JPY (0.0Y/396.7sq.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

Nishiwakishi21,970 JPY/sq.m (+1500% compared with the previous year)

The average price of a sq.m Land of Nishiwakishi was 21,970 JPY/sq.m. The market value represents an increase of 20,597 JPY (+1499.8%) compared to 1 year ago and a transition to a dramatic market. 14 properties exchanged hands ( The market value represents an increase of 11 (+366.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 422.9 sq.m (a -38.1% decrease compared to the 683.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 120.0 min in 2017 and 57.8 min in 2018; -51.8%)

Yashirochou25,815 JPY/sq.m (+392% compared with the previous year)

The average price of a sq.m Land of Yashirochou was 25,815 JPY/sq.m. The market value represents an increase of 20,570 JPY (+392.2%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 3 (+75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 197.9 sq.m (a -49.9% decrease compared to the 395.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 66.5 min in 2017 and 29.9 min in 2018; -55.1%)

Nihonnhesokouenn4,034 JPY/sq.m (-63% compared with the previous year)

The average price of a sq.m Land of Nihonnhesokouenn was 4,034 JPY/sq.m. The market value represents a decrease of 7,004 JPY (-63.5%) 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 1343.3 sq.m (a +74.5% increase compared to the 770.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 11.0 min in 2017 and 38.7 min in 2018; +251.5%)

Takino20,937 JPY/sq.m (-50% compared with the previous year)

The average price of a sq.m Land of Takino was 20,937 JPY/sq.m. The market value represents a decrease of 21,320 JPY (-50.5%) compared to 1 year ago and a transition to a dramatic market. 10 properties exchanged hands ( The market value represents an increase of 1 (+11.1%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 527.5 sq.m (a +87.6% increase compared to the 281.1 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 23.8 min in 2017 and 26.9 min in 2018; +13.1%)
  • A some decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 11.1% of total transactions in 2017 and 10.0% of total transactions in 2018)

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)