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, 2018 to Dec, 2018 was 22,692 JPY/sq.m. The market value represents a decrease of 4,720 JPY (-17.2%) compared to 1 year ago and a transition to a weak market. 35 properties exchanged hands ( The market value represents an increase of 4 (+12.9%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 446.9 sq.m (a +1.4% increase compared to the 440.9 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. 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 -17.9% compared to last year; a sq.m unit now costs 22,622 JPY/sq.m.

The top 1 stations has seen prices increase -17.9% (-4,941 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -17.9% (-4,941 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 52.1 min in 2017 and 64.2 min in 2018; +23.4%)
  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.5% of total transactions in 2017 and 5.7% of total transactions in 2018)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 22,622 JPY/sq.m. The market value represents a decrease of 4,941 JPY (-17.9%) compared to 1 year ago and a transition to a weak market. 34 properties exchanged hands ( The market value represents an increase of 4 (+13.3%) compared to 1 year ago and a transition to a bull market.).

The average price of Koga Land, the lowest market value along this railway was 22,622 JPY/sq.m. The market value represents a decrease of 4,941 JPY (-17.9%) compared to 1 year ago and a transition to a weak market. 34 properties exchanged hands ( The market value represents an increase of 4 (+13.3%) compared to 1 year ago and a transition to a bull 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.)
Koga22,622 JPYsq.m
(0.0455sq.m)
27,563 JPYsq.m
(0.0442sq.m)
31,087 JPYsq.m
(0.0435sq.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

Koga22,622 JPY/sq.m (-18% compared with the previous year)

The average price of Koga Land was 22,622 JPY/sq.m. The market value represents a decrease of 4,941 JPY (-17.9%) compared to 1 year ago and a transition to a weak market. 34 properties exchanged hands ( The market value represents an increase of 4 (+13.3%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 455.0 sq.m (a +2.9% increase compared to the 442.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 52.8 min in 2017 and 65.2 min in 2018; +23.6%)
  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.7% of total transactions in 2017 and 5.9% 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)