JR Joban Line Local Train railway market report

JR Joban Line Local Train Land market overview

The average price of JR Joban Line Local Train (Toride to Toride) Land, in Oct, 2015 to Dec, 2015 was 33,425 JPY/sq.m. The market value represents a decrease of 4,088 JPY (-10.9%) compared to 1 year ago and a transition to a weak market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 351.2 sq.m (a +12.0% increase compared to the 313.6 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations. Toride station has seen a price decrease of over 5% compared to last year. The most dramatic price increase was at Toride station, where prices have decreased -10.9% compared to last year; a sq.m unit now costs 33,425 JPY/sq.m.

The top 1 stations has seen prices increase -10.9% (-4,088 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -10.9% (-4,088 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 27.4 min in 2014 and 19.0 min in 2015; -30.7%)

Land stations market overview

The average price of Toride Land, the highest market value along this railway was 33,425 JPY/sq.m. The market value represents a decrease of 4,088 JPY (-10.9%) compared to 1 year ago and a transition to a weak market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Toride Land, the lowest market value along this railway was 33,425 JPY/sq.m. The market value represents a decrease of 4,088 JPY (-10.9%) compared to 1 year ago and a transition to a weak market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).

JR Joban Line Local Train (Stations Land market overview)
JR Joban Line Local TrainThis year(2015)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Toride33,425 JPYsq.m
(0.0351sq.m)
37,513 JPYsq.m
(0.0314sq.m)
36,625 JPYsq.m
(0.0355sq.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

Toride33,425 JPY/sq.m (-11% compared with the previous year)

The average price of Toride Land was 33,425 JPY/sq.m. The market value represents a decrease of 4,088 JPY (-10.9%) compared to 1 year ago and a transition to a weak market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 351.2 sq.m (a +12.0% increase compared to the 313.6 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 27.4 min in 2014 and 19.0 min in 2015; -30.7%)

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)