JR Joban Line Rapid Train railway market report

JR Joban Line Rapid Train Land market overview

The average price of JR Joban Line Rapid Train (Toride to Toride) Land, in Jul, 2015 to Sep, 2015 was 45,161 JPY/sq.m. The market value represents an increase of 2,706 JPY (+6.4%) compared to 1 year ago and a transition to a strong market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 155.0 sq.m (a -79.2% decrease compared to the 745.0 sq.m of last year.).

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

1 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value increased in all stations. Toride station has seen a price increase of over 5% compared to last year. The most dramatic price increase was at Toride station, where prices have increased +6.4% compared to last year; a sq.m unit now costs 45,161 JPY/sq.m.

The top 1 stations has seen prices increase +6.4% (+2,706 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +6.4% (+2,706 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.3 min in 2014 and 8.0 min in 2015; -56.4%)

Land stations market overview

The average price of Toride Land, the highest market value along this railway was 45,161 JPY/sq.m. The market value represents an increase of 2,706 JPY (+6.4%) compared to 1 year ago and a transition to a strong market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) 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 45,161 JPY/sq.m. The market value represents an increase of 2,706 JPY (+6.4%) compared to 1 year ago and a transition to a strong market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

JR Joban Line Rapid Train (Stations Land market overview)
JR Joban Line Rapid TrainThis year(2015)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Toride45,161 JPYsq.m
(0.0155sq.m)
42,455 JPYsq.m
(0.0745sq.m)
55,059 JPYsq.m
(0.0368sq.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

Toride45,161 JPY/sq.m (+6% compared with the previous year)

The average price of Toride Land was 45,161 JPY/sq.m. The market value represents an increase of 2,706 JPY (+6.4%) compared to 1 year ago and a transition to a strong market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 155.0 sq.m (a -79.2% decrease compared to the 745.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.3 min in 2014 and 8.0 min in 2015; -56.4%)

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)