JR Utsunomiya Line railway market report

JR Utsunomiya Line Land market overview

The average price of JR Utsunomiya Line (Koga to Koga) Land, in Oct, 2015 to Dec, 2015 was 33,939 JPY/sq.m. The market value represents an increase of 3,710 JPY (+12.3%) compared to 1 year ago and a transition to a bull market. 10 properties exchanged hands ( The market value represents a decrease of 15 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 349.5 sq.m (a -32.9% decrease compared to the 521.0 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. Koga station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Koga station, where prices have increased +12.3% compared to last year; a sq.m unit now costs 33,939 JPY/sq.m.

The top 1 stations has seen prices increase +12.3% (+3,710 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +12.3% (+3,710 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 54.2 min in 2014 and 31.3 min in 2015; -42.3%)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 33,939 JPY/sq.m. The market value represents an increase of 3,710 JPY (+12.3%) compared to 1 year ago and a transition to a bull market. 10 properties exchanged hands ( The market value represents a decrease of 15 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Koga Land, the lowest market value along this railway was 33,939 JPY/sq.m. The market value represents an increase of 3,710 JPY (+12.3%) compared to 1 year ago and a transition to a bull market. 10 properties exchanged hands ( The market value represents a decrease of 15 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

JR Utsunomiya Line (Stations Land market overview)
JR Utsunomiya LineThis year(2015)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Koga33,939 JPYsq.m
(0.0350sq.m)
30,230 JPYsq.m
(0.0521sq.m)
30,745 JPYsq.m
(0.0564sq.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

Koga33,939 JPY/sq.m (+12% compared with the previous year)

The average price of Koga Land was 33,939 JPY/sq.m. The market value represents an increase of 3,710 JPY (+12.3%) compared to 1 year ago and a transition to a bull market. 10 properties exchanged hands ( The market value represents a decrease of 15 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 349.5 sq.m (a -32.9% decrease compared to the 521.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 54.2 min in 2014 and 31.3 min in 2015; -42.3%)

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)