JR Nagasaki Main Line railway market report

JR Nagasaki Main Line Land market overview

The average price of a sq.m Land of JR Nagasaki Main Line (Konagai to Nagasaki), in Jan, 2015 to Mar, 2015 was 70,640 JPY/sq.m. The market value represents an increase of 12,521 JPY (+21.5%) compared to 1 year ago and a transition to a dramatic market. 51 properties exchanged hands ( The market value represents an increase of 16 (+45.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 398.3 sq.m (a -25.3% decrease compared to the 533.6 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

4 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Isahaya station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Isahaya station, where prices have increased +76.5% compared to last year; a sq.m unit now costs 41,068 JPY/sq.m.

The top 1 stations has seen prices increase +76.5% (+17,806 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -12.7% (-12,196 JPY/sq.m).

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 2.9% of total transactions in 2014 and 2.0% of total transactions in 2015)

Breakdown of each segment

The table below shows Land dealt in JR Nagasaki 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 Nagasaki, the highest market value along this railway was 83,768 JPY/sq.m. The market value represents a decrease of 12,196 JPY (-12.7%) compared to 1 year ago and a transition to a weak market. 30 properties exchanged hands ( The market value represents an increase of 15 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Kikitsu, the lowest market value along this railway was 12,352 JPY/sq.m. The market value represents an increase of 352 JPY (+2.9%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

JR Nagasaki Main Line (Stations Land market overview)
JR Nagasaki Main LineThis year(2015)1 year ago2 years ago
Konagai--5,912 JPY (0.0Y/111.2sq.m)
Yue-1,656 JPY (0.0Y/505.0sq.m)8,421 JPY (0.0Y/190.0sq.m)
Oe17,500 JPY (0.0Y/160.0sq.m)16,666 JPY (0.0Y/90.0sq.m)5,000 JPY (0.0Y/1060.0sq.m)
Hizennnagata--28,571 JPY (0.0Y/35.0sq.m)
Higashiisahaya---
Isahaya41,068 JPY (0.0Y/1053.0sq.m)23,262 JPY (0.0Y/713.6sq.m)37,421 JPY (0.0Y/358.8sq.m)
Nishiisahaya30,849 JPY (0.0Y/258.3sq.m)-31,425 JPY (0.0Y/705.6sq.m)
Kikitsu12,352 JPY (0.0Y/1700.0sq.m)12,000 JPY (0.0Y/1500.0sq.m)47,826 JPY (0.0Y/1115.0sq.m)
Ichinuno21,818 JPY (0.0Y/550.0sq.m)--
Hizennkoga48,357 JPY (0.0Y/170.0sq.m)-36,416 JPY (0.0Y/313.3sq.m)
Utsutsugawa-47,057 JPY (0.0Y/380.0sq.m)64,252 JPY (0.0Y/522.5sq.m)
Urakami79,467 JPY (0.0Y/307.1sq.m)72,727 JPY (0.0Y/220.0sq.m)92,951 JPY (0.0Y/151.4sq.m)
Nagasaki83,768 JPY (0.0Y/245.8sq.m)95,964 JPY (0.0Y/324.3sq.m)99,858 JPY (0.0Y/344.0sq.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

Isahaya41,068 JPY/sq.m (+77% compared with the previous year)

The average price of a sq.m Land of Isahaya was 41,068 JPY/sq.m. The market value represents an increase of 17,806 JPY (+76.5%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 6 (-54.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 1053.0 sq.m (a +47.6% increase compared to the 713.6 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 29.7 min in 2014 and 22.8 min in 2015; -23.3%)

Nagasaki83,768 JPY/sq.m (-13% compared with the previous year)

The average price of a sq.m Land of Nagasaki was 83,768 JPY/sq.m. The market value represents a decrease of 12,196 JPY (-12.7%) compared to 1 year ago and a transition to a weak market. 30 properties exchanged hands ( The market value represents an increase of 15 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 245.8 sq.m (a -24.2% decrease compared to the 324.3 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 44.9 min in 2014 and 49.8 min in 2015; +10.9%)

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)