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, 2019 to Mar, 2019 was 22,664 JPY/sq.m. The market value represents an increase of 3,206 JPY (+16.5%) compared to 1 year ago and a transition to a bull market. 26 properties exchanged hands ( The market value represents an increase of 3 (+13.0%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 622.1 sq.m (a +5.9% increase compared to the 587.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a some decrease in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

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 20% compared to last year. The most dramatic price increase was at Koga station, where prices have increased +21.3% compared to last year; a sq.m unit now costs 23,572 JPY/sq.m.

The top 1 stations has seen prices increase +21.3% (+4,141 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +21.3% (+4,141 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 82.3 min in 2018 and 49.9 min in 2019; -39.4%)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 23,572 JPY/sq.m. The market value represents an increase of 4,141 JPY (+21.3%) compared to 1 year ago and a transition to a dramatic market. 23 properties exchanged hands ( The market value represents an increase of 1 (+4.5%) compared to 1 year ago and a transition to a some market.).

The average price of Koga Land, the lowest market value along this railway was 23,572 JPY/sq.m. The market value represents an increase of 4,141 JPY (+21.3%) compared to 1 year ago and a transition to a dramatic market. 23 properties exchanged hands ( The market value represents an increase of 1 (+4.5%) compared to 1 year ago and a transition to a some market.).

JR Utsunomiya Line (Stations Land market overview)
JR Utsunomiya LineThis year(2019)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Koga23,572 JPYsq.m
(0.0605sq.m)
19,431 JPYsq.m
(0.0606sq.m)
20,754 JPYsq.m
(0.0530sq.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

Koga23,572 JPY/sq.m (+21% compared with the previous year)

The average price of Koga Land was 23,572 JPY/sq.m. The market value represents an increase of 4,141 JPY (+21.3%) compared to 1 year ago and a transition to a dramatic market. 23 properties exchanged hands ( The market value represents an increase of 1 (+4.5%) compared to 1 year ago and a transition to a some market.).

The average size of the real estate was 605.4 sq.m (a -0.1% decrease compared to the 605.9 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 84.7 min in 2018 and 52.5 min in 2019; -38.0%)

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)