Hankyu Kyoto Main Line railway market report

Hankyu Kyoto Main Line Land market overview

The average price of a sq.m Land of Hankyu Kyoto Main Line (Ooyamazaki to Kawaramachi), in Jul, 2014 to Sep, 2014 was 160,388 JPY/sq.m. The market value represents a decrease of 18,434 JPY (-10.3%) compared to 1 year ago and a transition to a weak market. 28 properties exchanged hands ( The market value represents a decrease of 6 (-17.6%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 277.5 sq.m (a -24.7% decrease compared to the 368.4 sq.m of last year.).

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

2 stations have experienced increased prices; 4 stations have experienced decreased prices. Market value of most stations decreased. Nishikyougoku, Oomiya station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Nishikyougoku station, where prices have increased +43.0% compared to last year; a sq.m unit now costs 283,333 JPY/sq.m.

The top 2 stations has seen prices increase +34.0% (+74,945 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -33.5% (-42,418 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 11.8% of total transactions in 2013 and 14.3% of total transactions in 2014)

Breakdown of each segment

The table below shows Land dealt in Hankyu Kyoto Main 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 Oomiya, the highest market value along this railway was 323,864 JPY/sq.m. The market value represents an increase of 64,705 JPY (+25.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Nagaokatennjinn, the lowest market value along this railway was 67,901 JPY/sq.m. The market value represents a decrease of 54,070 JPY (-44.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 5 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Kyoto Main Line (Stations Land market overview)
Hankyu Kyoto Main LineThis year(2014)1 year ago2 years ago
Ooyamazaki91,428 JPY (0.0Y/35.0sq.m)--
Nishiyama-Tennozan100,129 JPY (0.0Y/434.0sq.m)--
Nagaokatennjinn67,901 JPY (0.0Y/810.0sq.m)121,971 JPY (0.0Y/555.8sq.m)195,404 JPY (0.0Y/285.0sq.m)
Nishimukou105,548 JPY (0.0Y/393.3sq.m)136,313 JPY (0.0Y/330.7sq.m)138,749 JPY (0.0Y/645.6sq.m)
Higashimukou152,246 JPY (0.0Y/107.5sq.m)180,000 JPY (0.0Y/150.0sq.m)215,278 JPY (0.0Y/145.0sq.m)
Rakusaiguchi-225,074 JPY (0.0Y/977.5sq.m)179,177 JPY (0.0Y/260.0sq.m)
Katsura207,194 JPY (0.0Y/153.8sq.m)209,490 JPY (0.0Y/143.6sq.m)225,377 JPY (0.0Y/132.9sq.m)
Nishikyougoku283,333 JPY (0.0Y/600.0sq.m)198,148 JPY (0.0Y/385.0sq.m)184,615 JPY (0.0Y/65.0sq.m)
Saiinn-84,000 JPY (0.0Y/50.0sq.m)200,823 JPY (0.0Y/136.0sq.m)
Oomiya323,864 JPY (0.0Y/67.5sq.m)259,158 JPY (0.0Y/207.5sq.m)-
Karasuma---
Kawaramachi---

*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

Nishikyougoku283,333 JPY/sq.m (+43% compared with the previous year)

The average price of a sq.m Land of Nishikyougoku was 283,333 JPY/sq.m. The market value represents an increase of 85,185 JPY (+43.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 600.0 sq.m (a +55.8% increase compared to the 385.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.0 min in 2013 and 15.0 min in 2014; +25.0%)

Oomiya323,864 JPY/sq.m (+25% compared with the previous year)

The average price of a sq.m Land of Oomiya was 323,864 JPY/sq.m. The market value represents an increase of 64,705 JPY (+25.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 67.5 sq.m (a -67.5% decrease compared to the 207.5 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 8.5 min in 2013 and 7.0 min in 2014; -17.6%)

Nagaokatennjinn67,901 JPY/sq.m (-44% compared with the previous year)

The average price of a sq.m Land of Nagaokatennjinn was 67,901 JPY/sq.m. The market value represents a decrease of 54,070 JPY (-44.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 5 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 810.0 sq.m (a +45.7% increase compared to the 555.8 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 11.5 min in 2013 and 21.0 min in 2014; +82.6%)

Nishimukou105,548 JPY/sq.m (-23% compared with the previous year)

The average price of a sq.m Land of Nishimukou was 105,548 JPY/sq.m. The market value represents a decrease of 30,765 JPY (-22.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 1 (-14.3%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 393.3 sq.m (a +18.9% increase compared to the 330.7 sq.m of last year.).

Cause of price increases

  • An increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.3% of total transactions in 2013 and 16.7% of total transactions in 2014)

Causes of price decreases

  • An increase in average distance from the station (representing 14.6 min in 2013 and 17.0 min in 2014; +16.7%)

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)