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 Oct, 2016 to Dec, 2016 was 60,000 JPY/sq.m. The market value represents an increase of 26,575 JPY (+79.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 100.0 sq.m (a -71.5% decrease compared to the 351.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty 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 20% compared to last year. The most dramatic price increase was at Toride station, where prices have increased +79.5% compared to last year; a sq.m unit now costs 60,000 JPY/sq.m.

The top 1 stations has seen prices increase +79.5% (+26,575 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +79.5% (+26,575 JPY/sq.m).

Land stations market overview

The average price of Toride Land, the highest market value along this railway was 60,000 JPY/sq.m. The market value represents an increase of 26,575 JPY (+79.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) 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 60,000 JPY/sq.m. The market value represents an increase of 26,575 JPY (+79.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) 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(2016)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Toride60,000 JPYsq.m
(0.0100sq.m)
33,425 JPYsq.m
(0.0351sq.m)
37,513 JPYsq.m
(0.0314sq.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

Toride60,000 JPY/sq.m (+80% compared with the previous year)

The average price of Toride Land was 60,000 JPY/sq.m. The market value represents an increase of 26,575 JPY (+79.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 100.0 sq.m (a -71.5% decrease compared to the 351.2 sq.m of last year.).


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)