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, 2019 to Sep, 2019 was 11,402 JPY/sq.m. The market value represents a decrease of 7,247 JPY (-38.9%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 1 (-12.5%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 537.1 sq.m (a +93.1% increase compared to the 278.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

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 -38.9% (-7,247 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -38.9% (-7,247 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 32.5 min in 2018 and 59.7 min in 2019; +83.7%)

Land stations market overview

The average price of Toride Land, the highest market value along this railway was 11,402 JPY/sq.m. The market value represents a decrease of 7,247 JPY (-38.9%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 1 (-12.5%) compared to 1 year ago and a transition to a weak market.).

The average price of Toride Land, the lowest market value along this railway was 11,402 JPY/sq.m. The market value represents a decrease of 7,247 JPY (-38.9%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 1 (-12.5%) compared to 1 year ago and a transition to a weak market.).

JR Joban Line Rapid Train (Stations Land market overview)
JR Joban Line Rapid TrainThis 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)

*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

Toride11,402 JPY/sq.m (-39% compared with the previous year)

The average price of Toride Land was 11,402 JPY/sq.m. The market value represents a decrease of 7,247 JPY (-38.9%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 1 (-12.5%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 537.1 sq.m (a +93.1% increase compared to the 278.1 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 32.5 min in 2018 and 59.7 min in 2019; +83.7%)

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)