JR Nagasaki Main Line Nagasaki 2015-2Q
Land market report

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 Apr, 2015 to Jun, 2015 was 57,705 JPY/sq.m. The market value represents an increase of 18,403 JPY (+46.8%) compared to 1 year ago and a transition to a dramatic market. 33 properties exchanged hands ( The market value represents a decrease of 6 (-15.4%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 274.1 sq.m (a -49.8% decrease compared to the 546.4 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.

6 stations have experienced increased prices; 0 stations have experienced decreased prices. The overall trend was the same as last year. Isahaya, Nishiisahaya, Hizennkoga, Utsutsugawa, Urakami station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Utsutsugawa station, where prices have increased +75.2% compared to last year; a sq.m unit now costs 60,762 JPY/sq.m.

The top 2 stations has seen prices increase +74.2% (+25,393 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease +23.4% (+8,284 JPY/sq.m).


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 Urakami, the highest market value along this railway was 118,590 JPY/sq.m. The market value represents an increase of 48,101 JPY (+68.2%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Hizennkoga, the lowest market value along this railway was 40,740 JPY/sq.m. The market value represents an increase of 13,922 JPY (+51.9%) 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.).

JR Nagasaki Main Line (Stations Land market overview)
JR Nagasaki Main LineThis year(2015)1 year ago2 years ago
Konagai3,225 JPY (0.0Y/155.0sq.m)--
Yue--12,007 JPY (0.0Y/626.7sq.m)
Oe13,673 JPY (0.0Y/490.0sq.m)-11,002 JPY (0.0Y/840.0sq.m)
Hizennnagata---
Higashiisahaya--500 JPY (0.0Y/400.0sq.m)
Isahaya58,423 JPY (0.0Y/160.0sq.m)33,722 JPY (0.0Y/658.3sq.m)40,062 JPY (0.0Y/158.8sq.m)
Nishiisahaya44,666 JPY (0.0Y/1075.0sq.m)34,603 JPY (0.0Y/175.0sq.m)28,140 JPY (0.0Y/980.0sq.m)
Kikitsu--38,766 JPY (0.0Y/200.0sq.m)
Ichinuno42,000 JPY (0.0Y/200.0sq.m)-27,222 JPY (0.0Y/1800.0sq.m)
Hizennkoga40,740 JPY (0.0Y/270.0sq.m)26,818 JPY (0.0Y/172.5sq.m)38,456 JPY (0.0Y/231.7sq.m)
Utsutsugawa60,762 JPY (0.0Y/345.0sq.m)34,677 JPY (0.0Y/230.0sq.m)40,000 JPY (0.0Y/1433.3sq.m)
Urakami118,590 JPY (0.0Y/360.8sq.m)70,490 JPY (0.0Y/812.5sq.m)82,701 JPY (0.0Y/436.7sq.m)
Nagasaki43,224 JPY (0.0Y/141.2sq.m)36,719 JPY (0.0Y/575.0sq.m)65,994 JPY (0.0Y/215.4sq.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

Utsutsugawa60,762 JPY/sq.m (+75% compared with the previous year)

The average price of a sq.m Land of Utsutsugawa was 60,762 JPY/sq.m. The market value represents an increase of 26,085 JPY (+75.2%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 345.0 sq.m (a +50.0% increase compared to the 230.0 sq.m of last year.).

Isahaya58,423 JPY/sq.m (+73% compared with the previous year)

The average price of a sq.m Land of Isahaya was 58,423 JPY/sq.m. The market value represents an increase of 24,701 JPY (+73.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 160.0 sq.m (a -75.7% decrease compared to the 658.3 sq.m of last year.).

Nagasaki43,224 JPY/sq.m (+18% compared with the previous year)

The average price of a sq.m Land of Nagasaki was 43,224 JPY/sq.m. The market value represents an increase of 6,506 JPY (+17.7%) compared to 1 year ago and a transition to a bull market. 16 properties exchanged hands ( The market value represents a decrease of 3 (-15.8%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 141.2 sq.m (a -75.4% decrease compared to the 575.0 sq.m of last year.).

Nishiisahaya44,666 JPY/sq.m (+29% compared with the previous year)

The average price of a sq.m Land of Nishiisahaya was 44,666 JPY/sq.m. The market value represents an increase of 10,063 JPY (+29.1%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 1075.0 sq.m (a +514.3% increase compared to the 175.0 sq.m of last year.).


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)