JR Utsunomiya Line railway market report

JR Utsunomiya Line Land market overview

The average price of JR Utsunomiya Line (Koga to Koga) Land, in Apr, 2017 to Jun, 2017 was 18,727 JPY/sq.m. The market value represents a decrease of 6,905 JPY (-26.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 23 (-92.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 232.5 sq.m (a -47.0% decrease compared to the 438.4 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 -26.9% (-6,905 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -26.9% (-6,905 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 49.6 min in 2016 and 60.0 min in 2017; +20.9%)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 18,727 JPY/sq.m. The market value represents a decrease of 6,905 JPY (-26.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 23 (-92.0%) 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 18,727 JPY/sq.m. The market value represents a decrease of 6,905 JPY (-26.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 23 (-92.0%) compared to 1 year ago and a transition to a dramatic 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.)
Koga18,727 JPYsq.m
(0.0232sq.m)
25,632 JPYsq.m
(0.0438sq.m)
20,161 JPYsq.m
(0.0573sq.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

Koga18,727 JPY/sq.m (-27% compared with the previous year)

The average price of Koga Land was 18,727 JPY/sq.m. The market value represents a decrease of 6,905 JPY (-26.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 23 (-92.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 232.5 sq.m (a -47.0% decrease compared to the 438.4 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 49.6 min in 2016 and 60.0 min in 2017; +20.9%)

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)