Abukuma Express Line railway market report

Abukuma Express Line Land market overview

The average price of a sq.m Land of Abukuma Express Line (Abukuma to Tsukinoki), in Jan, 2014 to Dec, 2014 was 15,919 JPY/sq.m. The market value represents an increase of 1,262 JPY (+8.6%) compared to 1 year ago and a transition to a strong market. 28 properties exchanged hands ( The market value represents a decrease of 22 (-44.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 497.1 sq.m (a -7.2% decrease compared to the 535.5 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; 2 stations have experienced decreased prices. Market value of most stations decreased. Higashifunaoka station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Higashifunaoka station, where prices have increased +60.1% compared to last year; a sq.m unit now costs 30,879 JPY/sq.m.

The top 1 stations has seen prices increase +60.1% (+11,595 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -44.3% (-10,988 JPY/sq.m).


Breakdown of each segment

The table below shows Land dealt in Abukuma Express 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 Higashifunaoka, the highest market value along this railway was 30,879 JPY/sq.m. The market value represents an increase of 11,595 JPY (+60.1%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 2 (-40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Tsukinoki, the lowest market value along this railway was 13,819 JPY/sq.m. The market value represents a decrease of 10,988 JPY (-44.3%) compared to 1 year ago and a transition to a dramatic market. 9 properties exchanged hands ( The market value represents a decrease of 1 (-10.0%) compared to 1 year ago and a transition to a weak market.).

Abukuma Express Line (Stations Land market overview)
Abukuma Express LineThis year(2014)1 year ago2 years ago
Abukuma---
Marumori-8,167 JPY (0.0Y/468.0sq.m)8,829 JPY (0.0Y/378.0sq.m)
Kitamarumori---
Minamikakuda-1,031 JPY (0.0Y/519.0sq.m)13,803 JPY (0.0Y/225.0sq.m)
Kakuda14,118 JPY (0.0Y/429.3sq.m)15,987 JPY (0.0Y/480.9sq.m)17,646 JPY (0.0Y/430.8sq.m)
Yokokura14,864 JPY (0.0Y/370.0sq.m)12,556 JPY (0.0Y/977.5sq.m)11,351 JPY (0.0Y/185.0sq.m)
Oka-7,124 JPY (0.0Y/582.0sq.m)5,448 JPY (0.0Y/345.0sq.m)
Higashifunaoka30,879 JPY (0.0Y/250.0sq.m)19,284 JPY (0.0Y/766.0sq.m)26,554 JPY (0.0Y/380.0sq.m)
Tsukinoki13,819 JPY (0.0Y/706.7sq.m)24,807 JPY (0.0Y/349.5sq.m)20,615 JPY (0.0Y/337.2sq.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

Higashifunaoka30,879 JPY/sq.m (+60% compared with the previous year)

The average price of a sq.m Land of Higashifunaoka was 30,879 JPY/sq.m. The market value represents an increase of 11,595 JPY (+60.1%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 2 (-40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 250.0 sq.m (a -67.4% decrease compared to the 766.0 sq.m of last year.).

Tsukinoki13,819 JPY/sq.m (-44% compared with the previous year)

The average price of a sq.m Land of Tsukinoki was 13,819 JPY/sq.m. The market value represents a decrease of 10,988 JPY (-44.3%) compared to 1 year ago and a transition to a dramatic market. 9 properties exchanged hands ( The market value represents a decrease of 1 (-10.0%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 706.7 sq.m (a +102.2% increase compared to the 349.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 16.9 min in 2013 and 23.7 min in 2014; +40.0%)

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)