Sanyo Electric Railway Aboshi Line railway market report

Sanyo Electric Railway Aboshi Line Land market overview

The average price of a sq.m Land of Sanyo Electric Railway Aboshi Line (Shikama to Sannyouaboshi), in Jul, 2014 to Sep, 2014 was 52,416 JPY/sq.m. The market value represents a decrease of 13,565 JPY (-20.6%) compared to 1 year ago and a transition to a dramatic market. 17 properties exchanged hands ( The market value represents a decrease of 10 (-37.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 361.2 sq.m (a +4.9% increase compared to the 344.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

1 stations have experienced increased prices; 4 stations have experienced decreased prices. Market value of most stations decreased. Shikama station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Shikama station, where prices have increased +14.3% compared to last year; a sq.m unit now costs 80,961 JPY/sq.m.

The top 1 stations has seen prices increase +14.3% (+10,128 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -37.9% (-19,032 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.7 min in 2013 and 15.6 min in 2014; +23.1%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.8% of total transactions in 2013 and 5.9% of total transactions in 2014)

Breakdown of each segment

The table below shows Land dealt in Sanyo Electric Railway Aboshi 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 Shikama, the highest market value along this railway was 80,961 JPY/sq.m. The market value represents an increase of 10,128 JPY (+14.3%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 2 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Sannyouaboshi, the lowest market value along this railway was 31,220 JPY/sq.m. The market value represents a decrease of 19,032 JPY (-37.9%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 3 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

Sanyo Electric Railway Aboshi Line (Stations Land market overview)
Sanyo Electric Railway Aboshi LineThis year(2014)1 year ago2 years ago
Shikama80,961 JPY (0.0Y/496.2sq.m)70,833 JPY (0.0Y/210.0sq.m)74,455 JPY (0.0Y/251.7sq.m)
Nishishikama59,112 JPY (0.0Y/170.0sq.m)81,021 JPY (0.0Y/211.7sq.m)87,190 JPY (0.0Y/346.2sq.m)
Yumesakigawa43,926 JPY (0.0Y/80.0sq.m)-58,000 JPY (0.0Y/250.0sq.m)
Hirohata-72,452 JPY (0.0Y/301.2sq.m)30,384 JPY (0.0Y/825.0sq.m)
Sannyoutennma48,333 JPY (0.0Y/120.0sq.m)73,430 JPY (0.0Y/469.0sq.m)67,060 JPY (0.0Y/335.0sq.m)
Hiramatsu48,800 JPY (0.0Y/200.0sq.m)51,083 JPY (0.0Y/675.0sq.m)37,067 JPY (0.0Y/300.0sq.m)
Sannyouaboshi31,220 JPY (0.0Y/593.0sq.m)50,252 JPY (0.0Y/338.8sq.m)48,130 JPY (0.0Y/202.5sq.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

Shikama80,961 JPY/sq.m (+14% compared with the previous year)

The average price of a sq.m Land of Shikama was 80,961 JPY/sq.m. The market value represents an increase of 10,128 JPY (+14.3%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 2 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 496.2 sq.m (a +136.3% increase compared to the 210.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.0 min in 2013 and 19.8 min in 2014; +295.0%)

Sannyouaboshi31,220 JPY/sq.m (-38% compared with the previous year)

The average price of a sq.m Land of Sannyouaboshi was 31,220 JPY/sq.m. The market value represents a decrease of 19,032 JPY (-37.9%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 3 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 593.0 sq.m (a +75.1% increase compared to the 338.8 sq.m of last year.).


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)