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 Jun, 2019 was 22,605 JPY/sq.m. The market value represents an increase of 977 JPY (+4.5%) compared to 1 year ago and a transition to a some market. 54 properties exchanged hands ( The market value represents a decrease of 41 (-43.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 585.1 sq.m (a +11.9% increase compared to the 522.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

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 5% compared to last year. The most dramatic price increase was at Koga station, where prices have increased +6.1% compared to last year; a sq.m unit now costs 23,010 JPY/sq.m.

The top 1 stations has seen prices increase +6.1% (+1,325 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +6.1% (+1,325 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 63.3 min in 2018 and 48.2 min in 2019; -23.9%)

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 1.9% of total transactions in 2019)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 23,010 JPY/sq.m. The market value represents an increase of 1,325 JPY (+6.1%) compared to 1 year ago and a transition to a strong market. 51 properties exchanged hands ( The market value represents a decrease of 42 (-45.2%) 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 23,010 JPY/sq.m. The market value represents an increase of 1,325 JPY (+6.1%) compared to 1 year ago and a transition to a strong market. 51 properties exchanged hands ( The market value represents a decrease of 42 (-45.2%) 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.)
Koga23,010 JPYsq.m
(0.0575sq.m)
21,684 JPYsq.m
(0.0530sq.m)
14,387 JPYsq.m
(0.0617sq.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

Koga23,010 JPY/sq.m (+6% compared with the previous year)

The average price of Koga Land was 23,010 JPY/sq.m. The market value represents an increase of 1,325 JPY (+6.1%) compared to 1 year ago and a transition to a strong market. 51 properties exchanged hands ( The market value represents a decrease of 42 (-45.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 575.2 sq.m (a +8.5% increase compared to the 530.4 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 64.0 min in 2018 and 49.3 min in 2019; -23.0%)

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 5.4% of total transactions in 2018 and 2.0% 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)