JR Nagasaki Main Line Nagasaki 2015-FY
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 Jan, 2015 to Dec, 2015 was 60,130 JPY/sq.m. The market value represents an increase of 3,683 JPY (+6.5%) compared to 1 year ago and a transition to a strong market. 186 properties exchanged hands ( The market value represents an increase of 47 (+33.8%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 354.5 sq.m (a -28.1% decrease compared to the 492.8 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.

9 stations have experienced increased prices; 3 stations have experienced decreased prices. The overall trend was toward increased prices. Konagai, Isahaya, Nishiisahaya, Ichinuno, Hizennkoga 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 +56.3% compared to last year; a sq.m unit now costs 39,770 JPY/sq.m.

The top 2 stations has seen prices increase +49.2% (+13,416 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -45.4% (-16,132 JPY/sq.m).

Causes of price decreases

  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.3% of total transactions in 2014 and 4.3% 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 97,589 JPY/sq.m. The market value represents a decrease of 16,113 JPY (-14.2%) compared to 1 year ago and a transition to a weak market. 24 properties exchanged hands ( The market value represents an increase of 6 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Konagai, the lowest market value along this railway was 3,225 JPY/sq.m. The market value represents an increase of 892 JPY (+38.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) 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/1077.5sq.m)2,333 JPY (0.0Y/1500.0sq.m)6,719 JPY (0.0Y/84.2sq.m)
Yue7,500 JPY (0.0Y/240.0sq.m)6,562 JPY (0.0Y/756.7sq.m)12,882 JPY (0.0Y/417.5sq.m)
Oe10,602 JPY (0.0Y/690.0sq.m)9,541 JPY (0.0Y/313.3sq.m)7,931 JPY (0.0Y/832.0sq.m)
Hizennnagata4,901 JPY (0.0Y/510.0sq.m)21,052 JPY (0.0Y/380.0sq.m)24,158 JPY (0.0Y/238.0sq.m)
Higashiisahaya--31,382 JPY (0.0Y/291.7sq.m)
Isahaya42,258 JPY (0.0Y/491.2sq.m)29,756 JPY (0.0Y/559.8sq.m)36,671 JPY (0.0Y/306.0sq.m)
Nishiisahaya33,208 JPY (0.0Y/450.5sq.m)25,833 JPY (0.0Y/749.4sq.m)32,615 JPY (0.0Y/888.2sq.m)
Kikitsu30,410 JPY (0.0Y/631.7sq.m)29,555 JPY (0.0Y/1145.0sq.m)36,836 JPY (0.0Y/532.5sq.m)
Ichinuno31,909 JPY (0.0Y/375.0sq.m)25,555 JPY (0.0Y/180.0sq.m)28,859 JPY (0.0Y/806.7sq.m)
Hizennkoga39,770 JPY (0.0Y/297.7sq.m)25,440 JPY (0.0Y/555.0sq.m)38,463 JPY (0.0Y/357.4sq.m)
Utsutsugawa48,832 JPY (0.0Y/316.2sq.m)42,920 JPY (0.0Y/276.4sq.m)56,321 JPY (0.0Y/556.7sq.m)
Urakami97,589 JPY (0.0Y/260.4sq.m)113,702 JPY (0.0Y/411.9sq.m)85,152 JPY (0.0Y/220.8sq.m)
Nagasaki67,037 JPY (0.0Y/300.2sq.m)69,902 JPY (0.0Y/411.9sq.m)84,288 JPY (0.0Y/271.1sq.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

Hizennkoga39,770 JPY/sq.m (+56% compared with the previous year)

The average price of a sq.m Land of Hizennkoga was 39,770 JPY/sq.m. The market value represents an increase of 14,330 JPY (+56.3%) compared to 1 year ago and a transition to a dramatic market. 13 properties exchanged hands ( The market value represents an increase of 6 (+85.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 297.7 sq.m (a -46.4% decrease compared to the 555.0 sq.m of last year.).

Isahaya42,258 JPY/sq.m (+42% compared with the previous year)

The average price of a sq.m Land of Isahaya was 42,258 JPY/sq.m. The market value represents an increase of 12,502 JPY (+42.0%) compared to 1 year ago and a transition to a dramatic market. 26 properties exchanged hands ( The market value represents an increase of 1 (+4.0%) compared to 1 year ago and a transition to a some market.).

The average size of the real estate was 491.2 sq.m (a -12.3% decrease compared to the 559.8 sq.m of last year.).

Causes of price decreases

  • A some decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.0% of total transactions in 2014 and 7.7% of total transactions in 2015)

Hizennnagata4,901 JPY/sq.m (-77% compared with the previous year)

The average price of a sq.m Land of Hizennnagata was 4,901 JPY/sq.m. The market value represents a decrease of 16,151 JPY (-76.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 510.0 sq.m (a +34.2% increase compared to the 380.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.0 min in 2014 and 25.0 min in 2015; +177.8%)

Urakami97,589 JPY/sq.m (-14% compared with the previous year)

The average price of a sq.m Land of Urakami was 97,589 JPY/sq.m. The market value represents a decrease of 16,113 JPY (-14.2%) compared to 1 year ago and a transition to a weak market. 24 properties exchanged hands ( The market value represents an increase of 6 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 260.4 sq.m (a -36.8% decrease compared to the 411.9 sq.m of last year.).

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 11.1% of total transactions in 2014 and 8.3% 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)