JR Joban Line railway market report

JR Joban Line Land market overview

The average price of JR Joban Line (Toride to Ootsukou) Land, in Apr, 2015 to Jun, 2015 was 26,512 JPY/sq.m. The market value represents an increase of 748 JPY (+2.9%) compared to 1 year ago and a transition to a slight market. 440 properties exchanged hands ( The market value represents an increase of 34 (+8.4%) compared to 1 year ago and a transition to a strong market.).

The average size of the real estate was 402.9 sq.m (a +4.2% increase compared to the 386.6 sq.m of last year.).

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

14 stations have experienced increased prices; 13 stations have experienced decreased prices. The overall trend was the same as last year. Fujishiro, Ishioka, Iwama, Uchihara, Ogitsu station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Hitachinoushiku station, where prices have increased +107.0% compared to last year; a sq.m unit now costs 62,898 JPY/sq.m.

The top 2 stations has seen prices increase +98.5% (+20,142 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -36.5% (-5,725 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 1.0% of total transactions in 2014 and 1.8% of total transactions in 2015)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 0.5% of total transactions in 2014 and 0.2% of total transactions in 2015)

Land stations market overview

The average price of Hitachinoushiku Land, the highest market value along this railway was 62,898 JPY/sq.m. The market value represents an increase of 32,518 JPY (+107.0%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents a decrease of 5 (-38.5%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Hatori Land, the lowest market value along this railway was 8,196 JPY/sq.m. The market value represents a decrease of 3,432 JPY (-29.5%) compared to 1 year ago and a transition to a dramatic market. 10 properties exchanged hands (It was the same as last year.).

JR Joban Line (Stations Land market overview)
JR Joban LineThis year(2015)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Toride34,691 JPYsq.m
(0.0457sq.m)
31,995 JPYsq.m
(0.0118sq.m)
50,753 JPYsq.m
(0.0175sq.m)
Fujishiro23,570 JPYsq.m
(0.0408sq.m)
15,000 JPYsq.m
(0.0180sq.m)
37,713 JPYsq.m
(0.0379sq.m)
Sanuki26,603 JPYsq.m
(0.0275sq.m)
25,722 JPYsq.m
(0.0354sq.m)
25,153 JPYsq.m
(0.0461sq.m)
Ushiku33,250 JPYsq.m
(0.0319sq.m)
34,447 JPYsq.m
(0.0281sq.m)
24,545 JPYsq.m
(0.0418sq.m)
Hitachinoushiku62,898 JPYsq.m
(0.0404sq.m)
30,380 JPYsq.m
(0.0510sq.m)
51,649 JPYsq.m
(0.0215sq.m)
Arakawaoki22,487 JPYsq.m
(0.0414sq.m)
23,365 JPYsq.m
(0.0344sq.m)
23,622 JPYsq.m
(0.0372sq.m)
Tsuchiura23,609 JPYsq.m
(0.0406sq.m)
24,225 JPYsq.m
(0.0477sq.m)
30,800 JPYsq.m
(0.0374sq.m)
Kanndatsu25,866 JPYsq.m
(0.0456sq.m)
28,140 JPYsq.m
(0.0257sq.m)
28,016 JPYsq.m
(0.0423sq.m)
Takahama10,014 JPYsq.m
(0.0417sq.m)
15,502 JPYsq.m
(0.0415sq.m)
7,919 JPYsq.m
(0.0390sq.m)
Ishioka21,905 JPYsq.m
(0.0420sq.m)
15,426 JPYsq.m
(0.0396sq.m)
16,055 JPYsq.m
(0.0498sq.m)
Hatori8,196 JPYsq.m
(0.0563sq.m)
11,628 JPYsq.m
(0.0501sq.m)
15,252 JPYsq.m
(0.0507sq.m)
Iwama16,392 JPYsq.m
(0.0610sq.m)
8,626 JPYsq.m
(0.0712sq.m)
18,743 JPYsq.m
(0.0437sq.m)
Tomobe16,786 JPYsq.m
(0.0455sq.m)
16,599 JPYsq.m
(0.0502sq.m)
19,716 JPYsq.m
(0.0351sq.m)
Uchihara17,741 JPYsq.m
(0.0379sq.m)
14,222 JPYsq.m
(0.0320sq.m)
7,054 JPYsq.m
(0.0404sq.m)
Akatsuka27,206 JPYsq.m
(0.0552sq.m)
25,648 JPYsq.m
(0.0331sq.m)
22,676 JPYsq.m
(0.0414sq.m)
Kairakuenn--5,000 JPYsq.m
(0.01,300sq.m)
Mito35,335 JPYsq.m
(0.0363sq.m)
30,154 JPYsq.m
(0.0401sq.m)
35,773 JPYsq.m
(0.0451sq.m)
Katsuta33,523 JPYsq.m
(0.0390sq.m)
35,239 JPYsq.m
(0.0389sq.m)
34,628 JPYsq.m
(0.0332sq.m)
Sawa29,792 JPYsq.m
(0.0373sq.m)
27,973 JPYsq.m
(0.0306sq.m)
26,501 JPYsq.m
(0.0346sq.m)
Toukai28,926 JPYsq.m
(0.0506sq.m)
35,779 JPYsq.m
(0.0636sq.m)
26,783 JPYsq.m
(0.0564sq.m)
Oomika22,903 JPYsq.m
(0.0449sq.m)
26,922 JPYsq.m
(0.0256sq.m)
32,677 JPYsq.m
(0.0509sq.m)
Hitachitaga33,646 JPYsq.m
(0.0358sq.m)
39,356 JPYsq.m
(0.0347sq.m)
38,628 JPYsq.m
(0.0338sq.m)
Hitachi42,777 JPYsq.m
(0.0268sq.m)
39,303 JPYsq.m
(0.0428sq.m)
70,875 JPYsq.m
(0.0448sq.m)
Ogitsu29,905 JPYsq.m
(0.0228sq.m)
24,566 JPYsq.m
(0.0410sq.m)
32,382 JPYsq.m
(0.0257sq.m)
Juuou15,996 JPYsq.m
(0.0358sq.m)
13,700 JPYsq.m
(0.0330sq.m)
25,202 JPYsq.m
(0.0431sq.m)
Takahagi13,841 JPYsq.m
(0.0395sq.m)
15,401 JPYsq.m
(0.0316sq.m)
19,307 JPYsq.m
(0.0296sq.m)
Minaminakagou-6,742 JPYsq.m
(0.0574sq.m)
8,394 JPYsq.m
(0.0440sq.m)
Isohara15,963 JPYsq.m
(0.0417sq.m)
17,216 JPYsq.m
(0.0504sq.m)
16,935 JPYsq.m
(0.0383sq.m)
Ootsukou9,890 JPYsq.m
(0.0215sq.m)
15,852 JPYsq.m
(0.0445sq.m)
9,382 JPYsq.m
(0.0185sq.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.

Noteworthy stations

Hitachinoushiku62,898 JPY/sq.m (+107% compared with the previous year)

The average price of Hitachinoushiku Land was 62,898 JPY/sq.m. The market value represents an increase of 32,518 JPY (+107.0%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents a decrease of 5 (-38.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 403.6 sq.m (a -20.9% decrease compared to the 510.4 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 43.5 min in 2014 and 23.8 min in 2015; -45.4%)

Iwama16,392 JPY/sq.m (+90% compared with the previous year)

The average price of Iwama Land was 16,392 JPY/sq.m. The market value represents an increase of 7,766 JPY (+90.0%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 610.0 sq.m (a -14.3% decrease compared to the 711.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 33.9 min in 2014 and 52.9 min in 2015; +56.1%)
  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.3% of total transactions in 2014 and 14.3% of total transactions in 2015)

Ootsukou9,890 JPY/sq.m (-38% compared with the previous year)

The average price of Ootsukou Land was 9,890 JPY/sq.m. The market value represents a decrease of 5,962 JPY (-37.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 215.0 sq.m (a -51.7% decrease compared to the 445.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 19.5 min in 2014 and 29.0 min in 2015; +48.7%)

Takahama10,014 JPY/sq.m (-35% compared with the previous year)

The average price of Takahama Land was 10,014 JPY/sq.m. The market value represents a decrease of 5,488 JPY (-35.4%) compared to 1 year ago and a transition to a dramatic market. 24 properties exchanged hands ( The market value represents an increase of 16 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 417.0 sq.m (a +0.5% increase compared to the 415.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 90.4 min in 2014 and 72.1 min in 2015; -20.2%)

Breakdown of each segment

Station:   Segment:

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)