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 Oct, 2015 to Dec, 2015 was 41,802 JPY/sq.m. The market value represents a decrease of 11,279 JPY (-21.2%) compared to 1 year ago and a transition to a dramatic market. 53 properties exchanged hands ( The market value represents an increase of 21 (+65.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 317.5 sq.m (a -34.9% decrease compared to the 488.0 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.

5 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Oe, Isahaya, Urakami station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Hizennkoga station, where prices have increased +186.3% compared to last year; a sq.m unit now costs 37,222 JPY/sq.m.

The top 2 stations has seen prices increase +120.2% (+20,298 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -37.1% (-22,367 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 34.0 min in 2014 and 50.0 min in 2015; +46.8%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 9.4% of total transactions in 2014 and 1.9% 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 Urakami, the highest market value along this railway was 53,617 JPY/sq.m. The market value represents an increase of 16,180 JPY (+43.2%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase 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 Yue, the lowest market value along this railway was 7,500 JPY/sq.m. The market value represents a decrease of 2,333 JPY (-23.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) 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
Konagai--8,333 JPY (0.0Y/30.0sq.m)
Yue7,500 JPY (0.0Y/240.0sq.m)9,833 JPY (0.0Y/882.5sq.m)15,416 JPY (0.0Y/240.0sq.m)
Oe8,292 JPY (0.0Y/410.0sq.m)6,718 JPY (0.0Y/640.0sq.m)-
Hizennnagata--31,428 JPY (0.0Y/70.0sq.m)
Higashiisahaya--45,161 JPY (0.0Y/310.0sq.m)
Isahaya46,647 JPY (0.0Y/463.8sq.m)30,272 JPY (0.0Y/305.0sq.m)38,414 JPY (0.0Y/243.3sq.m)
Nishiisahaya19,444 JPY (0.0Y/360.0sq.m)18,333 JPY (0.0Y/1200.0sq.m)42,104 JPY (0.0Y/1170.0sq.m)
Kikitsu-38,333 JPY (0.0Y/967.5sq.m)52,914 JPY (0.0Y/207.5sq.m)
Ichinuno-25,555 JPY (0.0Y/180.0sq.m)29,678 JPY (0.0Y/310.0sq.m)
Hizennkoga37,222 JPY (0.0Y/227.0sq.m)13,000 JPY (0.0Y/100.0sq.m)35,655 JPY (0.0Y/507.9sq.m)
Utsutsugawa--56,386 JPY (0.0Y/190.7sq.m)
Urakami53,617 JPY (0.0Y/209.3sq.m)37,437 JPY (0.0Y/241.0sq.m)52,618 JPY (0.0Y/145.0sq.m)
Nagasaki41,522 JPY (0.0Y/316.8sq.m)83,923 JPY (0.0Y/414.3sq.m)94,802 JPY (0.0Y/215.6sq.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

Hizennkoga37,222 JPY/sq.m (+186% compared with the previous year)

The average price of a sq.m Land of Hizennkoga was 37,222 JPY/sq.m. The market value represents an increase of 24,222 JPY (+186.3%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 4 (+400.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 227.0 sq.m (a +127.0% increase compared to the 100.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 16.0 min in 2014 and 39.8 min in 2015; +148.7%)

Isahaya46,647 JPY/sq.m (+54% compared with the previous year)

The average price of a sq.m Land of Isahaya was 46,647 JPY/sq.m. The market value represents an increase of 16,375 JPY (+54.1%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 6 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 463.8 sq.m (a +52.0% increase compared to the 305.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 14.5 min in 2014 and 33.0 min in 2015; +127.6%)

Nagasaki41,522 JPY/sq.m (-51% compared with the previous year)

The average price of a sq.m Land of Nagasaki was 41,522 JPY/sq.m. The market value represents a decrease of 42,401 JPY (-50.5%) compared to 1 year ago and a transition to a dramatic 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 316.8 sq.m (a -23.5% decrease compared to the 414.3 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 50.4 min in 2014 and 66.4 min in 2015; +31.8%)

Yue7,500 JPY/sq.m (-24% compared with the previous year)

The average price of a sq.m Land of Yue was 7,500 JPY/sq.m. The market value represents a decrease of 2,333 JPY (-23.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 240.0 sq.m (a -72.8% decrease compared to the 882.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 17.5 min in 2014 and 4.0 min in 2015; -77.1%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 25.0% of total transactions in 2014 and 100.0% of total transactions in 2015)

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)