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 Dec, 2019 was 22,508 JPY/sq.m. The market value represents an increase of 1,454 JPY (+6.9%) compared to 1 year ago and a transition to a strong market. 133 properties exchanged hands ( The market value represents a decrease of 22 (-14.2%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 530.4 sq.m (a +14.9% increase compared to the 461.7 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 +9.3% compared to last year; a sq.m unit now costs 22,723 JPY/sq.m.

The top 1 stations has seen prices increase +9.3% (+1,925 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +9.3% (+1,925 JPY/sq.m).

Causes of price decreases

  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.6% of total transactions in 2018 and 2.3% of total transactions in 2019)

Land stations market overview

The average price of Koga Land, the highest market value along this railway was 22,723 JPY/sq.m. The market value represents an increase of 1,925 JPY (+9.3%) compared to 1 year ago and a transition to a strong market. 129 properties exchanged hands ( The market value represents a decrease of 19 (-12.8%) compared to 1 year ago and a transition to a weak market.).

The average price of Koga Land, the lowest market value along this railway was 22,723 JPY/sq.m. The market value represents an increase of 1,925 JPY (+9.3%) compared to 1 year ago and a transition to a strong market. 129 properties exchanged hands ( The market value represents a decrease of 19 (-12.8%) compared to 1 year ago and a transition to a weak 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.)
Koga22,723 JPYsq.m
(0.0529sq.m)
20,798 JPYsq.m
(0.0469sq.m)
25,190 JPYsq.m
(0.0430sq.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

Koga22,723 JPY/sq.m (+9% compared with the previous year)

The average price of Koga Land was 22,723 JPY/sq.m. The market value represents an increase of 1,925 JPY (+9.3%) compared to 1 year ago and a transition to a strong market. 129 properties exchanged hands ( The market value represents a decrease of 19 (-12.8%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 528.9 sq.m (a +12.8% increase compared to the 468.9 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 68.8 min in 2018 and 61.6 min in 2019; -10.4%)

Causes of price decreases

  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.7% of total transactions in 2018 and 2.3% 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)