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 25,658 JPY/sq.m. The market value represents a decrease of 1,018 JPY (-3.8%) compared to 1 year ago and a transition to a some market. 194 properties exchanged hands ( The market value represents an increase of 45 (+30.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 557.3 sq.m (a +7.2% increase compared to the 519.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

14 stations have experienced increased prices; 7 stations have experienced decreased prices. The overall trend was the same as last year. Katsuta, Oomika station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Ishioka station, where prices have increased +260.2% compared to last year; a sq.m unit now costs 21,923 JPY/sq.m.

The top 2 stations has seen prices increase +239.5% (+12,780 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -56.5% (-14,220 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 0.7% of total transactions in 2014 and 3.1% of total transactions in 2015)

Land stations market overview

The average price of Hitachinoushiku Land, the highest market value along this railway was 61,976 JPY/sq.m. The market value represents an increase of 37,405 JPY (+152.2%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 3 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Takahama Land, the lowest market value along this railway was 8,039 JPY/sq.m. The market value represents a decrease of 2,525 JPY (-23.9%) compared to 1 year ago and a transition to a dramatic market. 15 properties exchanged hands ( The market value represents an increase of 10 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

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.)
Toride13,400 JPYsq.m
(0.0465sq.m)
31,995 JPYsq.m
(0.0118sq.m)
50,753 JPYsq.m
(0.0175sq.m)
Fujishiro9,390 JPYsq.m
(0.0515sq.m)
-37,712 JPYsq.m
(0.0379sq.m)
Sanuki25,217 JPYsq.m
(0.0464sq.m)
23,010 JPYsq.m
(0.0516sq.m)
25,152 JPYsq.m
(0.0505sq.m)
Ushiku31,372 JPYsq.m
(0.0521sq.m)
30,700 JPYsq.m
(0.0498sq.m)
24,545 JPYsq.m
(0.0534sq.m)
Hitachinoushiku61,976 JPYsq.m
(0.0622sq.m)
24,571 JPYsq.m
(0.0531sq.m)
51,648 JPYsq.m
(0.0413sq.m)
Arakawaoki27,309 JPYsq.m
(0.0386sq.m)
26,051 JPYsq.m
(0.0630sq.m)
23,622 JPYsq.m
(0.0477sq.m)
Tsuchiura28,538 JPYsq.m
(0.0563sq.m)
27,274 JPYsq.m
(0.0508sq.m)
31,396 JPYsq.m
(0.0500sq.m)
Kanndatsu382 JPYsq.m
(0.01,850sq.m)
-28,015 JPYsq.m
(0.0695sq.m)
Takahama8,039 JPYsq.m
(0.0627sq.m)
10,564 JPYsq.m
(0.01,386sq.m)
7,919 JPYsq.m
(0.0748sq.m)
Ishioka21,923 JPYsq.m
(0.0367sq.m)
6,086 JPYsq.m
(0.0230sq.m)
16,055 JPYsq.m
(0.0641sq.m)
Hatori8,114 JPYsq.m
(0.0422sq.m)
17,958 JPYsq.m
(0.0590sq.m)
15,252 JPYsq.m
(0.0683sq.m)
Iwama14,166 JPYsq.m
(0.01,133sq.m)
4,444 JPYsq.m
(0.0360sq.m)
18,742 JPYsq.m
(0.0437sq.m)
Tomobe12,505 JPYsq.m
(0.0834sq.m)
19,481 JPYsq.m
(0.0795sq.m)
19,716 JPYsq.m
(0.0351sq.m)
Uchihara16,278 JPYsq.m
(0.0753sq.m)
17,543 JPYsq.m
(0.0570sq.m)
7,053 JPYsq.m
(0.0404sq.m)
Akatsuka29,251 JPYsq.m
(0.0801sq.m)
27,712 JPYsq.m
(0.0249sq.m)
22,676 JPYsq.m
(0.0506sq.m)
Kairakuenn--5,000 JPYsq.m
(0.01,300sq.m)
Mito36,229 JPYsq.m
(0.0451sq.m)
34,557 JPYsq.m
(0.0554sq.m)
35,750 JPYsq.m
(0.0576sq.m)
Katsuta45,940 JPYsq.m
(0.0375sq.m)
37,185 JPYsq.m
(0.0392sq.m)
34,628 JPYsq.m
(0.0588sq.m)
Sawa27,276 JPYsq.m
(0.0448sq.m)
26,232 JPYsq.m
(0.0402sq.m)
26,500 JPYsq.m
(0.0433sq.m)
Toukai-36,064 JPYsq.m
(0.01,060sq.m)
28,802 JPYsq.m
(0.0574sq.m)
Oomika20,959 JPYsq.m
(0.0523sq.m)
16,491 JPYsq.m
(0.0323sq.m)
32,676 JPYsq.m
(0.0509sq.m)
Hitachitaga26,543 JPYsq.m
(0.0422sq.m)
27,235 JPYsq.m
(0.0210sq.m)
38,628 JPYsq.m
(0.0449sq.m)
Hitachi45,956 JPYsq.m
(0.0458sq.m)
38,696 JPYsq.m
(0.0675sq.m)
70,874 JPYsq.m
(0.0448sq.m)
Ogitsu31,358 JPYsq.m
(0.0757sq.m)
-32,382 JPYsq.m
(0.0257sq.m)
Juuou-10,764 JPYsq.m
(0.0327sq.m)
25,201 JPYsq.m
(0.0431sq.m)
Takahagi9,688 JPYsq.m
(0.0439sq.m)
10,416 JPYsq.m
(0.0440sq.m)
19,938 JPYsq.m
(0.0291sq.m)
Minaminakagou-270 JPYsq.m
(0.0740sq.m)
8,394 JPYsq.m
(0.0440sq.m)
Isohara17,791 JPYsq.m
(0.0429sq.m)
17,636 JPYsq.m
(0.0472sq.m)
16,934 JPYsq.m
(0.0788sq.m)
Ootsukou-13,522 JPYsq.m
(0.0560sq.m)
9,382 JPYsq.m
(0.0548sq.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

Ishioka21,923 JPY/sq.m (+260% compared with the previous year)

The average price of Ishioka Land was 21,923 JPY/sq.m. The market value represents an increase of 15,837 JPY (+260.2%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 7 (+700.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 366.9 sq.m (a +59.5% increase compared to the 230.0 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 30.0 min in 2014 and 35.6 min in 2015; +18.8%)

Iwama14,166 JPY/sq.m (+219% compared with the previous year)

The average price of Iwama Land was 14,166 JPY/sq.m. The market value represents an increase of 9,722 JPY (+218.8%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 1133.3 sq.m (a +214.8% increase compared to the 360.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 60.0 min in 2014 and 18.7 min in 2015; -68.9%)

Toride13,400 JPY/sq.m (-58% compared with the previous year)

The average price of Toride Land was 13,400 JPY/sq.m. The market value represents a decrease of 18,595 JPY (-58.1%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 5 (-71.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 465.0 sq.m (a +294.5% increase compared to the 117.9 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 21.6 min in 2014 and 28.0 min in 2015; +29.8%)

Hatori8,114 JPY/sq.m (-55% compared with the previous year)

The average price of Hatori Land was 8,114 JPY/sq.m. The market value represents a decrease of 9,845 JPY (-54.8%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 422.5 sq.m (a -28.4% decrease compared to the 590.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 30.0 min in 2014 and 69.0 min in 2015; +130.0%)

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)