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, 2017 to Dec, 2017 was 30,486 JPY/sq.m. The market value represents a decrease of 13,648 JPY (-30.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 182.5 sq.m (a +19.0% increase compared to the 153.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -30.9% (-13,648 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -30.9% (-13,648 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 19.7 min in 2016 and 41.3 min in 2017; +110.2%)

Land stations market overview

The average price of Toride Land, the highest market value along this railway was 30,486 JPY/sq.m. The market value represents a decrease of 13,648 JPY (-30.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) 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 30,486 JPY/sq.m. The market value represents a decrease of 13,648 JPY (-30.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) 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(2017)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Toride30,486 JPYsq.m
(0.0182sq.m)
44,134 JPYsq.m
(0.0153sq.m)
30,135 JPYsq.m
(0.0402sq.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

Toride30,486 JPY/sq.m (-31% compared with the previous year)

The average price of Toride Land was 30,486 JPY/sq.m. The market value represents a decrease of 13,648 JPY (-30.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 182.5 sq.m (a +19.0% increase compared to the 153.3 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 19.7 min in 2016 and 41.3 min in 2017; +110.2%)

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)