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, 2019 to Jun, 2019 was 22,551 JPY/sq.m. The market value represents a decrease of 1,537 JPY (-6.4%) compared to 1 year ago and a transition to a bear market. 28 properties exchanged hands ( The market value represents an increase of 8 (+40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 549.4 sq.m (a +51.2% increase compared to the 363.5 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.

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 10% compared to last year. The most dramatic price increase was at Koga station, where prices have decreased -7.6% compared to last year; a sq.m unit now costs 22,551 JPY/sq.m.

The top 1 stations has seen prices increase -7.6% (-1,848 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -7.6% (-1,848 JPY/sq.m).

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.0% of total transactions in 2018 and 3.6% of total transactions in 2019)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 22,551 JPY/sq.m. The market value represents a decrease of 1,848 JPY (-7.6%) compared to 1 year ago and a transition to a bear market. 28 properties exchanged hands ( The market value represents an increase of 9 (+47.4%) 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 22,551 JPY/sq.m. The market value represents a decrease of 1,848 JPY (-7.6%) compared to 1 year ago and a transition to a bear market. 28 properties exchanged hands ( The market value represents an increase of 9 (+47.4%) compared to 1 year ago and a transition to a dramatic 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.)
Koga22,551 JPYsq.m
(0.0549sq.m)
24,399 JPYsq.m
(0.0374sq.m)
18,727 JPYsq.m
(0.0232sq.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

Koga22,551 JPY/sq.m (-8% compared with the previous year)

The average price of Koga Land was 22,551 JPY/sq.m. The market value represents a decrease of 1,848 JPY (-7.6%) compared to 1 year ago and a transition to a bear market. 28 properties exchanged hands ( The market value represents an increase of 9 (+47.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 549.4 sq.m (a +46.9% increase compared to the 373.9 sq.m of last year.).

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.3% of total transactions in 2018 and 3.6% of total transactions in 2019)

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)