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, 2017 to Mar, 2017 was 26,384 JPY/sq.m. The market value represents an increase of 2,093 JPY (+8.6%) compared to 1 year ago and a transition to a strong market. 22 properties exchanged hands ( The market value represents a decrease of 6 (-21.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 367.0 sq.m (a +1.3% increase compared to the 362.2 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.

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 5% compared to last year. The most dramatic price increase was at Koga station, where prices have increased +5.6% compared to last year; a sq.m unit now costs 26,384 JPY/sq.m.

The top 1 stations has seen prices increase +5.6% (+1,405 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +5.6% (+1,405 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 55.0 min in 2016 and 45.9 min in 2017; -16.6%)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 26,384 JPY/sq.m. The market value represents an increase of 1,405 JPY (+5.6%) compared to 1 year ago and a transition to a strong market. 22 properties exchanged hands ( The market value represents a decrease of 5 (-18.5%) compared to 1 year ago and a transition to a weak market.).

The average price of Koga Land, the lowest market value along this railway was 26,384 JPY/sq.m. The market value represents an increase of 1,405 JPY (+5.6%) compared to 1 year ago and a transition to a strong market. 22 properties exchanged hands ( The market value represents a decrease of 5 (-18.5%) compared to 1 year ago and a transition to a weak market.).

JR Utsunomiya Line (Stations Land market overview)
JR Utsunomiya LineThis year(2017)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Koga26,384 JPYsq.m
(0.0367sq.m)
24,979 JPYsq.m
(0.0370sq.m)
31,151 JPYsq.m
(0.0462sq.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

Koga26,384 JPY/sq.m (+6% compared with the previous year)

The average price of Koga Land was 26,384 JPY/sq.m. The market value represents an increase of 1,405 JPY (+5.6%) compared to 1 year ago and a transition to a strong market. 22 properties exchanged hands ( The market value represents a decrease of 5 (-18.5%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 367.0 sq.m (a -0.7% decrease compared to the 369.8 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 55.9 min in 2016 and 45.9 min in 2017; -17.9%)

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)