Hokushin Kyūkō Electric Railway Hokushin Line railway market report

Hokushin Kyūkō Electric Railway Hokushin Line Land market overview

The average price of a sq.m Land of Hokushin Kyūkō Electric Railway Hokushin Line (Tanigami to Shin-Kobe), in Oct, 2017 to Dec, 2017 was 397,132 JPY/sq.m. The market value represents an increase of 177,132 JPY (+80.5%) 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 145.0 sq.m (a +383.3% increase compared to the 30.0 sq.m of last year.).

1 stations have experienced increased prices; 0 stations have experienced decreased prices. The overall trend was the same as last year. Shin-Kobe station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Shin-Kobe station, where prices have increased +80.5% compared to last year; a sq.m unit now costs 397,132 JPY/sq.m.

The top 1 stations has seen prices increase +80.5% (+177,132 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +80.5% (+177,132 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2016 and 6.0 min in 2017; +50.0%)

Breakdown of each segment

The table below shows Land dealt in Hokushin Kyūkō Electric Railway Hokushin 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 Shin-Kobe, the highest market value along this railway was 397,132 JPY/sq.m. The market value represents an increase of 177,132 JPY (+80.5%) 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 price of a sq.m Land of Shin-Kobe, the lowest market value along this railway was 397,132 JPY/sq.m. The market value represents an increase of 177,132 JPY (+80.5%) 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.).

Hokushin Kyūkō Electric Railway Hokushin Line (Stations Land market overview)
Hokushin Kyūkō Electric Railway Hokushin LineThis year(2017)1 year ago2 years ago
Tanigami--9,066 JPY (0.0Y/750.0sq.m)
Shin-Kobe397,132 JPY (0.0Y/145.0sq.m)220,000 JPY (0.0Y/30.0sq.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

Shin-Kobe397,132 JPY/sq.m (+81% compared with the previous year)

The average price of a sq.m Land of Shin-Kobe was 397,132 JPY/sq.m. The market value represents an increase of 177,132 JPY (+80.5%) 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 145.0 sq.m (a +383.3% increase compared to the 30.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2016 and 6.0 min in 2017; +50.0%)

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)