JR Nagasaki Main Line Nagasaki 2017-1Q
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, 2017 to Mar, 2017 was 60,446 JPY/sq.m. The market value represents a decrease of 4,546 JPY (-7.0%) compared to 1 year ago and a transition to a bear market. 17 properties exchanged hands ( The market value represents a decrease of 25 (-59.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 427.4 sq.m (a +10.7% increase compared to the 386.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

5 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Hizennnagata, Nishiisahaya, Hizennkoga station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Nishiisahaya station, where prices have increased +53.6% compared to last year; a sq.m unit now costs 59,459 JPY/sq.m.

The top 2 stations has seen prices increase +43.3% (+11,943 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -48.5% (-42,862 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 35.6 min in 2016 and 29.1 min in 2017; -18.4%)

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 115,040 JPY/sq.m. The market value represents an increase of 9,649 JPY (+9.2%) compared to 1 year ago and a transition to a strong market. 6 properties exchanged hands ( The market value represents a decrease of 9 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Urakami, the lowest market value along this railway was 583 JPY/sq.m. The market value represents a decrease of 86,494 JPY (-99.3%) 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(2017)1 year ago2 years ago
Konagai-9,433 JPY (0.0Y/530.0sq.m)-
Yue9,677 JPY (0.0Y/155.0sq.m)--
Oe--17,500 JPY (0.0Y/160.0sq.m)
Hizennnagata12,654 JPY (0.0Y/162.5sq.m)9,523 JPY (0.0Y/210.0sq.m)-
Higashiisahaya-43,180 JPY (0.0Y/650.0sq.m)-
Isahaya34,617 JPY (0.0Y/360.0sq.m)33,847 JPY (0.0Y/387.9sq.m)41,068 JPY (0.0Y/1053.0sq.m)
Nishiisahaya59,459 JPY (0.0Y/370.0sq.m)38,703 JPY (0.0Y/303.8sq.m)30,849 JPY (0.0Y/258.3sq.m)
Kikitsu-51,042 JPY (0.0Y/853.3sq.m)12,352 JPY (0.0Y/1700.0sq.m)
Ichinuno--21,818 JPY (0.0Y/550.0sq.m)
Hizennkoga69,230 JPY (0.0Y/130.0sq.m)56,399 JPY (0.0Y/472.5sq.m)48,357 JPY (0.0Y/170.0sq.m)
Utsutsugawa-12,500 JPY (0.0Y/200.0sq.m)-
Urakami583 JPY (0.0Y/600.0sq.m)87,077 JPY (0.0Y/147.5sq.m)79,467 JPY (0.0Y/307.1sq.m)
Nagasaki115,040 JPY (0.0Y/647.5sq.m)105,392 JPY (0.0Y/290.7sq.m)83,768 JPY (0.0Y/245.8sq.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

Nishiisahaya59,459 JPY/sq.m (+54% compared with the previous year)

The average price of a sq.m Land of Nishiisahaya was 59,459 JPY/sq.m. The market value represents an increase of 20,756 JPY (+53.6%) 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 370.0 sq.m (a +21.8% increase compared to the 303.8 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.0 min in 2016 and 1.0 min in 2017; -94.7%)

Hizennnagata12,654 JPY/sq.m (+33% compared with the previous year)

The average price of a sq.m Land of Hizennnagata was 12,654 JPY/sq.m. The market value represents an increase of 3,131 JPY (+32.9%) 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.).

The average size of the real estate was 162.5 sq.m (a -22.6% decrease compared to the 210.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.0 min in 2016 and 12.5 min in 2017; +108.3%)

Urakami583 JPY/sq.m (-99% compared with the previous year)

The average price of a sq.m Land of Urakami was 583 JPY/sq.m. The market value represents a decrease of 86,494 JPY (-99.3%) 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.).

The average size of the real estate was 600.0 sq.m (a +306.8% increase compared to the 147.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 18.5 min in 2016 and 30.0 min in 2017; +62.2%)

Isahaya34,617 JPY/sq.m (+2% compared with the previous year)

The average price of a sq.m Land of Isahaya was 34,617 JPY/sq.m. The market value represents an increase of 769 JPY (+2.3%) compared to 1 year ago and a transition to a slight market. 5 properties exchanged hands ( The market value represents a decrease of 2 (-28.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 360.0 sq.m (a -7.2% decrease compared to the 387.9 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 22.0 min in 2016 and 26.6 min in 2017; +20.9%)

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)