JR Utsunomiya Line railway market report

JR Utsunomiya Line Land market overview

The average price of JR Utsunomiya Line (Koga to Koga) Land, in Jan, 2016 to Mar, 2016 was 21,374 JPY/sq.m. The market value represents a decrease of 6,465 JPY (-23.2%) compared to 1 year ago and a transition to a dramatic market. 19 properties exchanged hands ( The market value represents a decrease of 1 (-5.0%) compared to 1 year ago and a transition to a bear market.).

The average size of the real estate was 639.7 sq.m (a +7.0% increase compared to the 597.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a some 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. Koga station has seen a price decrease of over 5% compared to last year. The most dramatic price increase was at Koga station, where prices have decreased -20.0% compared to last year; a sq.m unit now costs 22,281 JPY/sq.m.

The top 1 stations has seen prices increase -20.0% (-5,559 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -20.0% (-5,559 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 69.2 min in 2015 and 59.1 min in 2016; -14.6%)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 22,281 JPY/sq.m. The market value represents a decrease of 5,559 JPY (-20.0%) compared to 1 year ago and a transition to a weak market. 18 properties exchanged hands ( The market value represents a decrease of 1 (-5.3%) compared to 1 year ago and a transition to a bear market.).

The average price of Koga Land, the lowest market value along this railway was 22,281 JPY/sq.m. The market value represents a decrease of 5,559 JPY (-20.0%) compared to 1 year ago and a transition to a weak market. 18 properties exchanged hands ( The market value represents a decrease of 1 (-5.3%) compared to 1 year ago and a transition to a bear market.).

JR Utsunomiya Line (Stations Land market overview)
JR Utsunomiya LineThis year(2016)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Koga22,281 JPYsq.m
(0.0665sq.m)
27,840 JPYsq.m
(0.0524sq.m)
19,846 JPYsq.m
(0.0714sq.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

Koga22,281 JPY/sq.m (-20% compared with the previous year)

The average price of Koga Land was 22,281 JPY/sq.m. The market value represents a decrease of 5,559 JPY (-20.0%) compared to 1 year ago and a transition to a weak market. 18 properties exchanged hands ( The market value represents a decrease of 1 (-5.3%) compared to 1 year ago and a transition to a bear market.).

The average size of the real estate was 665.3 sq.m (a +27.0% increase compared to the 523.9 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 71.3 min in 2015 and 60.7 min in 2016; -14.9%)

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)