JR Wadamisaki Line Hyogo 2014-2Q
Land market report

JR Wadamisaki Line railway market report

JR Wadamisaki Line Land market overview

The average price of a sq.m Land of JR Wadamisaki Line (Hyougo to Wadamisaki), in Apr, 2014 to Jun, 2014 was 53,333 JPY/sq.m. The market value represents a decrease of 89,643 JPY (-62.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 60.0 sq.m (a +63.6% increase compared to the 36.7 sq.m of last year.).

0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -62.7% (-89,524 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -62.7% (-89,524 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.3 min in 2013 and 11.0 min in 2014; +106.3%)

Breakdown of each segment

The table below shows Land dealt in JR Wadamisaki 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 Hyougo, the highest market value along this railway was 53,333 JPY/sq.m. The market value represents a decrease of 89,524 JPY (-62.7%) 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 Hyougo, the lowest market value along this railway was 53,333 JPY/sq.m. The market value represents a decrease of 89,524 JPY (-62.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

JR Wadamisaki Line (Stations Land market overview)
JR Wadamisaki LineThis year(2014)1 year ago2 years ago
Hyougo53,333 JPY (0.0Y/60.0sq.m)142,857 JPY (0.0Y/35.0sq.m)144,423 JPY (0.0Y/295.0sq.m)
Wadamisaki-143,036 JPY (0.0Y/37.5sq.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

Hyougo53,333 JPY/sq.m (-63% compared with the previous year)

The average price of a sq.m Land of Hyougo was 53,333 JPY/sq.m. The market value represents a decrease of 89,524 JPY (-62.7%) 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 60.0 sq.m (a +71.4% increase compared to the 35.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2013 and 11.0 min in 2014; +37.5%)

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)