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 Jan, 2015 to Dec, 2015 was 48,699 JPY/sq.m. The market value represents a decrease of 4,850 JPY (-9.1%) compared to 1 year ago and a transition to a bear market. 92 properties exchanged hands ( The market value represents an increase of 30 (+48.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 393.5 sq.m (a +21.6% increase compared to the 323.5 sq.m of last year.).

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

3 stations have experienced increased prices; 4 stations have experienced decreased prices. The overall trend was the same as last year. Sannyoutennma station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Sannyoutennma station, where prices have increased +20.8% compared to last year; a sq.m unit now costs 55,388 JPY/sq.m.

The top 2 stations has seen prices increase +12.6% (+5,834 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -24.9% (-19,192 JPY/sq.m).

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 12.9% of total transactions in 2014 and 8.7% of total transactions in 2015)

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 Hirohata, the highest market value along this railway was 58,239 JPY/sq.m. The market value represents a decrease of 23,929 JPY (-29.1%) compared to 1 year ago and a transition to a dramatic market. 10 properties exchanged hands ( The market value represents an increase of 4 (+66.7%) 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 35,751 JPY/sq.m. The market value represents an increase of 317 JPY (+0.9%) compared to 1 year ago and a transition to a slight market. 28 properties exchanged hands ( The market value represents an increase of 7 (+33.3%) 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(2015)1 year ago2 years ago
Shikama55,207 JPY (0.0Y/514.0sq.m)69,662 JPY (0.0Y/316.0sq.m)75,717 JPY (0.0Y/338.4sq.m)
Nishishikama55,410 JPY (0.0Y/485.4sq.m)68,803 JPY (0.0Y/419.0sq.m)74,972 JPY (0.0Y/436.2sq.m)
Yumesakigawa51,166 JPY (0.0Y/367.1sq.m)49,052 JPY (0.0Y/120.0sq.m)32,307 JPY (0.0Y/1300.0sq.m)
Hirohata58,239 JPY (0.0Y/486.5sq.m)82,168 JPY (0.0Y/625.8sq.m)66,603 JPY (0.0Y/381.8sq.m)
Sannyoutennma55,388 JPY (0.0Y/225.0sq.m)45,833 JPY (0.0Y/210.0sq.m)69,013 JPY (0.0Y/380.0sq.m)
Hiramatsu47,390 JPY (0.0Y/325.8sq.m)50,881 JPY (0.0Y/190.7sq.m)50,452 JPY (0.0Y/362.1sq.m)
Sannyouaboshi35,751 JPY (0.0Y/299.8sq.m)35,434 JPY (0.0Y/308.6sq.m)41,224 JPY (0.0Y/287.6sq.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

Sannyoutennma55,388 JPY/sq.m (+21% compared with the previous year)

The average price of a sq.m Land of Sannyoutennma was 55,388 JPY/sq.m. The market value represents an increase of 9,555 JPY (+20.8%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 6 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 225.0 sq.m (a +7.1% increase compared to the 210.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 12.5 min in 2014 and 9.1 min in 2015; -27.0%)

Yumesakigawa51,166 JPY/sq.m (+4% compared with the previous year)

The average price of a sq.m Land of Yumesakigawa was 51,166 JPY/sq.m. The market value represents an increase of 2,114 JPY (+4.3%) compared to 1 year ago and a transition to a some market. 7 properties exchanged hands ( The market value represents an increase of 1 (+16.7%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 367.1 sq.m (a +206.0% increase compared to the 120.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 10.3 min in 2014 and 6.7 min in 2015; -35.0%)

Hirohata58,239 JPY/sq.m (-29% compared with the previous year)

The average price of a sq.m Land of Hirohata was 58,239 JPY/sq.m. The market value represents a decrease of 23,929 JPY (-29.1%) compared to 1 year ago and a transition to a dramatic market. 10 properties exchanged hands ( The market value represents an increase of 4 (+66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 486.5 sq.m (a -22.3% decrease compared to the 625.8 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 7.0 min in 2014 and 7.7 min in 2015; +10.0%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2014 and 30.0% of total transactions in 2015)

Shikama55,207 JPY/sq.m (-21% compared with the previous year)

The average price of a sq.m Land of Shikama was 55,207 JPY/sq.m. The market value represents a decrease of 14,455 JPY (-20.8%) compared to 1 year ago and a transition to a dramatic market. 21 properties exchanged hands ( The market value represents an increase of 11 (+110.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 514.0 sq.m (a +62.7% increase compared to the 316.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 16.7 min in 2014 and 21.5 min in 2015; +28.6%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 20.0% of total transactions in 2014 and 4.8% of total transactions in 2015)

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)