Hankyu Arashiyama Line Kyoto 2015-FY
Land market report

Hankyu Arashiyama Line railway market report

Hankyu Arashiyama Line Land market overview

The average price of a sq.m Land of Hankyu Arashiyama Line (Katsura to Arashiyama), in Jan, 2015 to Dec, 2015 was 298,634 JPY/sq.m. The market value represents an increase of 76,633 JPY (+34.5%) compared to 1 year ago and a transition to a dramatic market. 29 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 240.7 sq.m (a -0.9% decrease compared to the 242.8 sq.m of last year.).

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

1 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Katsura station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Katsura station, where prices have increased +54.2% compared to last year; a sq.m unit now costs 357,195 JPY/sq.m.

The top 1 stations has seen prices increase +54.2% (+125,557 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -28.9% (-52,376 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 23.8 min in 2014 and 15.3 min in 2015; -35.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 13.8% of total transactions in 2014 and 17.2% of total transactions in 2015)

Breakdown of each segment

The table below shows Land dealt in Hankyu Arashiyama Line, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

※各年ごとの取引件数の割合が高いセグメントほど赤く表示

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Land stations market overview

The average price of a sq.m Land of Katsura, the highest market value along this railway was 357,195 JPY/sq.m. The market value represents an increase of 125,557 JPY (+54.2%) compared to 1 year ago and a transition to a dramatic market. 18 properties exchanged hands ( The market value represents a decrease of 2 (-10.0%) compared to 1 year ago and a transition to a weak market.).

The average price of a sq.m Land of Matsuo-Taisha, the lowest market value along this railway was 129,010 JPY/sq.m. The market value represents a decrease of 52,376 JPY (-28.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Arashiyama Line (Stations Land market overview)
Hankyu Arashiyama LineThis year(2015)1 year ago2 years ago
Katsura357,195 JPY (0.0Y/207.2sq.m)231,638 JPY (0.0Y/218.0sq.m)198,352 JPY (0.0Y/191.9sq.m)
Kamikatsura219,207 JPY (0.0Y/223.3sq.m)233,571 JPY (0.0Y/381.2sq.m)205,178 JPY (0.0Y/148.9sq.m)
Matsuo-Taisha129,010 JPY (0.0Y/620.0sq.m)181,386 JPY (0.0Y/261.2sq.m)183,826 JPY (0.0Y/97.5sq.m)
Arashiyama-145,454 JPY (0.0Y/110.0sq.m)263,135 JPY (0.0Y/282.5sq.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.

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Noteworthy stations

Katsura357,195 JPY/sq.m (+54% compared with the previous year)

The average price of a sq.m Land of Katsura was 357,195 JPY/sq.m. The market value represents an increase of 125,557 JPY (+54.2%) compared to 1 year ago and a transition to a dramatic market. 18 properties exchanged hands ( The market value represents a decrease of 2 (-10.0%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 207.2 sq.m (a -4.9% decrease compared to the 218.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.4 min in 2014 and 17.6 min in 2015; -42.2%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 10.0% of total transactions in 2014 and 27.8% of total transactions in 2015)

Matsuo-Taisha129,010 JPY/sq.m (-29% compared with the previous year)

The average price of a sq.m Land of Matsuo-Taisha was 129,010 JPY/sq.m. The market value represents a decrease of 52,376 JPY (-28.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 620.0 sq.m (a +137.3% increase compared to the 261.2 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 12.0 min in 2014 and 10.5 min in 2015; -12.5%)

Breakdown of each segment

Station:   Segment:

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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)