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, 2018 to Jun, 2018 was 21,588 JPY/sq.m. The market value represents a decrease of 6,441 JPY (-23.0%) compared to 1 year ago and a transition to a dramatic market. 46 properties exchanged hands ( The market value represents an increase of 13 (+39.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 427.4 sq.m (a +7.6% increase compared to the 397.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was an decrease 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 -30.2% (-8,890 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -30.2% (-8,890 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 47.9 min in 2017 and 66.7 min in 2018; +39.3%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 3.0% of total transactions in 2017 and 2.2% of total transactions in 2018)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 20,539 JPY/sq.m. The market value represents a decrease of 8,890 JPY (-30.2%) compared to 1 year ago and a transition to a dramatic market. 43 properties exchanged hands ( The market value represents an increase of 15 (+53.6%) 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 20,539 JPY/sq.m. The market value represents a decrease of 8,890 JPY (-30.2%) compared to 1 year ago and a transition to a dramatic market. 43 properties exchanged hands ( The market value represents an increase of 15 (+53.6%) compared to 1 year ago and a transition to a dramatic market.).

JR Utsunomiya Line (Stations Land market overview)
JR Utsunomiya LineThis year(2018)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Koga20,539 JPYsq.m
(0.0423sq.m)
29,429 JPYsq.m
(0.0402sq.m)
26,422 JPYsq.m
(0.0437sq.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

Koga20,539 JPY/sq.m (-30% compared with the previous year)

The average price of Koga Land was 20,539 JPY/sq.m. The market value represents a decrease of 8,890 JPY (-30.2%) compared to 1 year ago and a transition to a dramatic market. 43 properties exchanged hands ( The market value represents an increase of 15 (+53.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 422.9 sq.m (a +5.2% increase compared to the 402.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 50.0 min in 2017 and 69.3 min in 2018; +38.5%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 3.6% of total transactions in 2017 and 2.3% of total transactions in 2018)

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)