Kobe Electric Railway Sanda Line Hyogo 2016-1Q
Land market report

Kobe Electric Railway Sanda Line railway market report

Kobe Electric Railway Sanda Line Land market overview

The average price of a sq.m Land of Kobe Electric Railway Sanda Line (Arimaguchi to Sannda), in Jan, 2016 to Mar, 2016 was 82,488 JPY/sq.m. The market value represents an increase of 32,899 JPY (+66.3%) compared to 1 year ago and a transition to a dramatic market. 15 properties exchanged hands ( The market value represents an increase of 6 (+66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 764.7 sq.m (a +49.4% increase compared to the 511.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

1 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased.

The top 1 stations has seen prices increase +344.9% (+81,971 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +344.9% (+81,971 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 38.4 min in 2015 and 18.0 min in 2016; -53.2%)

Breakdown of each segment

The table below shows Land dealt in Kobe Electric Railway Sanda 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 Sannda, the highest market value along this railway was 105,736 JPY/sq.m. The market value represents an increase of 81,971 JPY (+344.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Sannda, the lowest market value along this railway was 105,736 JPY/sq.m. The market value represents an increase of 81,971 JPY (+344.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

Kobe Electric Railway Sanda Line (Stations Land market overview)
Kobe Electric Railway Sanda LineThis year(2016)1 year ago2 years ago
Arimaguchi---
Gosha--31,410 JPY (0.0Y/457.5sq.m)
Okaba57,857 JPY (0.0Y/1030.0sq.m)-17,460 JPY (0.0Y/630.0sq.m)
Taoji-51,388 JPY (0.0Y/1360.0sq.m)38,000 JPY (0.0Y/200.0sq.m)
Nirou---
Doujouminamiguchi-68,507 JPY (0.0Y/183.8sq.m)-
Shinntetsudoujou52,412 JPY (0.0Y/636.2sq.m)-54,642 JPY (0.0Y/818.3sq.m)
Yokoyama---
Sanndahonnmachi---
Sannda105,736 JPY (0.0Y/305.8sq.m)23,765 JPY (0.0Y/383.3sq.m)45,866 JPY (0.0Y/330.0sq.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

Sannda105,736 JPY/sq.m (+345% compared with the previous year)

The average price of a sq.m Land of Sannda was 105,736 JPY/sq.m. The market value represents an increase of 81,971 JPY (+344.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 305.8 sq.m (a -20.2% decrease compared to the 383.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 88.0 min in 2015 and 9.8 min in 2016; -88.8%)

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)