JR Joban Line railway market report

JR Joban Line Land market overview

The average price of JR Joban Line (Toride to Ootsukou) Land, in Jul, 2019 to Sep, 2019 was 22,256 JPY/sq.m. The market value represents a decrease of 1,417 JPY (-6.0%) compared to 1 year ago and a transition to a bear market. 229 properties exchanged hands ( The market value represents a decrease of 203 (-47.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 461.1 sq.m (a +4.4% increase compared to the 441.6 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.

11 stations have experienced increased prices; 16 stations have experienced decreased prices. Market value of most stations decreased. Hitachinoushiku, Tsuchiura, Uchihara, Akatsuka, Katsuta, Juuou, Ootsukou station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Fujishiro station, where prices have increased +123.4% compared to last year; a sq.m unit now costs 34,500 JPY/sq.m.

The top 2 stations has seen prices increase +102.2% (+15,975 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -46.4% (-5,804 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 1.9% of total transactions in 2018 and 3.9% of total transactions in 2019)

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 1.2% of total transactions in 2018 and 0.4% of total transactions in 2019)

Land stations market overview

The average price of Katsuta Land, the highest market value along this railway was 40,871 JPY/sq.m. The market value represents an increase of 7,466 JPY (+22.4%) compared to 1 year ago and a transition to a dramatic market. 12 properties exchanged hands ( The market value represents a decrease of 13 (-52.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Minaminakagou Land, the lowest market value along this railway was 3,000 JPY/sq.m. The market value represents a decrease of 0 JPY (+0.0%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

JR Joban Line (Stations Land market overview)
JR Joban LineThis year(2019)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Toride11,402 JPYsq.m
(0.0537sq.m)
18,649 JPYsq.m
(0.0278sq.m)
40,969 JPYsq.m
(0.0191sq.m)
Fujishiro34,500 JPYsq.m
(0.0200sq.m)
15,441 JPYsq.m
(0.0363sq.m)
29,601 JPYsq.m
(0.0673sq.m)
Sanuki27,320 JPYsq.m
(0.0285sq.m)
33,721 JPYsq.m
(0.0285sq.m)
20,196 JPYsq.m
(0.0260sq.m)
Ushiku31,013 JPYsq.m
(0.0284sq.m)
28,712 JPYsq.m
(0.0423sq.m)
35,034 JPYsq.m
(0.0332sq.m)
Hitachinoushiku39,768 JPYsq.m
(0.0202sq.m)
29,424 JPYsq.m
(0.0719sq.m)
25,194 JPYsq.m
(0.0396sq.m)
Arakawaoki17,091 JPYsq.m
(0.0371sq.m)
20,396 JPYsq.m
(0.0413sq.m)
23,896 JPYsq.m
(0.0425sq.m)
Tsuchiura26,317 JPYsq.m
(0.0365sq.m)
18,853 JPYsq.m
(0.0486sq.m)
12,469 JPYsq.m
(0.0384sq.m)
Kanndatsu8,040 JPYsq.m
(0.0645sq.m)
12,817 JPYsq.m
(0.0540sq.m)
24,871 JPYsq.m
(0.0445sq.m)
Takahama8,315 JPYsq.m
(0.0336sq.m)
10,051 JPYsq.m
(0.0590sq.m)
5,885 JPYsq.m
(0.0625sq.m)
Ishioka11,332 JPYsq.m
(0.0595sq.m)
17,962 JPYsq.m
(0.0336sq.m)
16,227 JPYsq.m
(0.0322sq.m)
Hatori7,266 JPYsq.m
(0.0518sq.m)
7,800 JPYsq.m
(0.0445sq.m)
6,753 JPYsq.m
(0.0523sq.m)
Iwama3,384 JPYsq.m
(0.0738sq.m)
6,257 JPYsq.m
(0.0888sq.m)
5,092 JPYsq.m
(0.0416sq.m)
Tomobe17,160 JPYsq.m
(0.0797sq.m)
26,026 JPYsq.m
(0.0254sq.m)
20,033 JPYsq.m
(0.0642sq.m)
Uchihara17,143 JPYsq.m
(0.0280sq.m)
11,561 JPYsq.m
(0.0575sq.m)
12,481 JPYsq.m
(0.0414sq.m)
Akatsuka27,623 JPYsq.m
(0.0329sq.m)
22,368 JPYsq.m
(0.0486sq.m)
31,181 JPYsq.m
(0.0389sq.m)
Kairakuenn---
Mito32,188 JPYsq.m
(0.0351sq.m)
31,893 JPYsq.m
(0.0396sq.m)
30,144 JPYsq.m
(0.0392sq.m)
Katsuta40,871 JPYsq.m
(0.0370sq.m)
33,405 JPYsq.m
(0.0497sq.m)
35,338 JPYsq.m
(0.0394sq.m)
Sawa18,122 JPYsq.m
(0.0862sq.m)
29,083 JPYsq.m
(0.0408sq.m)
28,898 JPYsq.m
(0.0554sq.m)
Toukai19,025 JPYsq.m
(0.0512sq.m)
34,327 JPYsq.m
(0.0453sq.m)
34,296 JPYsq.m
(0.0398sq.m)
Oomika25,496 JPYsq.m
(0.0376sq.m)
21,485 JPYsq.m
(0.0442sq.m)
30,560 JPYsq.m
(0.0212sq.m)
Hitachitaga31,960 JPYsq.m
(0.0457sq.m)
35,391 JPYsq.m
(0.0334sq.m)
31,448 JPYsq.m
(0.0327sq.m)
Hitachi33,499 JPYsq.m
(0.0513sq.m)
43,425 JPYsq.m
(0.0472sq.m)
31,148 JPYsq.m
(0.0446sq.m)
Ogitsu27,147 JPYsq.m
(0.0360sq.m)
33,974 JPYsq.m
(0.0325sq.m)
23,184 JPYsq.m
(0.0742sq.m)
Juuou28,806 JPYsq.m
(0.0492sq.m)
15,915 JPYsq.m
(0.0278sq.m)
26,357 JPYsq.m
(0.0470sq.m)
Takahagi9,868 JPYsq.m
(0.0347sq.m)
18,603 JPYsq.m
(0.0231sq.m)
10,056 JPYsq.m
(0.0467sq.m)
Minaminakagou3,000 JPYsq.m
(0.01,900sq.m)
3,000 JPYsq.m
(0.01,200sq.m)
9,143 JPYsq.m
(0.0105sq.m)
Isohara11,533 JPYsq.m
(0.0373sq.m)
18,710 JPYsq.m
(0.0200sq.m)
9,330 JPYsq.m
(0.0442sq.m)
Ootsukou21,090 JPYsq.m
(0.0678sq.m)
16,317 JPYsq.m
(0.0297sq.m)
11,705 JPYsq.m
(0.0230sq.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

Fujishiro34,500 JPY/sq.m (+123% compared with the previous year)

The average price of Fujishiro Land was 34,500 JPY/sq.m. The market value represents an increase of 19,059 JPY (+123.4%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 7 (-87.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 200.0 sq.m (a -44.9% decrease compared to the 362.9 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 21.6 min in 2018 and 30.0 min in 2019; +38.7%)

Juuou28,806 JPY/sq.m (+81% compared with the previous year)

The average price of Juuou Land was 28,806 JPY/sq.m. The market value represents an increase of 12,891 JPY (+81.0%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 491.7 sq.m (a +77.2% increase compared to the 277.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 20.3 min in 2018 and 13.3 min in 2019; -34.4%)

Takahagi9,868 JPY/sq.m (-47% compared with the previous year)

The average price of Takahagi Land was 9,868 JPY/sq.m. The market value represents a decrease of 8,735 JPY (-47.0%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 6 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 346.7 sq.m (a +50.0% increase compared to the 231.1 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 18.3 min in 2018 and 30.0 min in 2019; +63.6%)

Iwama3,384 JPY/sq.m (-46% compared with the previous year)

The average price of Iwama Land was 3,384 JPY/sq.m. The market value represents a decrease of 2,872 JPY (-45.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 1 (+20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 738.3 sq.m (a -16.9% decrease compared to the 888.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 40.8 min in 2018 and 67.2 min in 2019; +64.6%)

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)