JR Nagasaki Main Line Nagasaki 2017-2Q
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, 2017 to Jun, 2017 was 59,671 JPY/sq.m. The market value represents an increase of 5,162 JPY (+9.5%) compared to 1 year ago and a transition to a strong market. 8 properties exchanged hands ( The market value represents a decrease of 66 (-89.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 346.2 sq.m (a +0.5% increase compared to the 344.6 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased.

The top 1 stations has seen prices increase +116.6% (+40,367 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -51.0% (-46,181 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 34.0 min in 2016 and 52.5 min in 2017; +54.2%)

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 Hizennkoga, the highest market value along this railway was 75,000 JPY/sq.m. The market value represents an increase of 40,367 JPY (+116.6%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Nagasaki, the lowest market value along this railway was 44,342 JPY/sq.m. The market value represents a decrease of 46,181 JPY (-51.0%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 20 (-83.3%) 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-5,352 JPY (0.0Y/312.5sq.m)3,225 JPY (0.0Y/155.0sq.m)
Yue-11,164 JPY (0.0Y/609.0sq.m)-
Oe--13,673 JPY (0.0Y/490.0sq.m)
Hizennnagata-15,000 JPY (0.0Y/1800.0sq.m)-
Higashiisahaya-27,500 JPY (0.0Y/200.0sq.m)-
Isahaya-40,140 JPY (0.0Y/279.6sq.m)58,423 JPY (0.0Y/160.0sq.m)
Nishiisahaya-33,682 JPY (0.0Y/596.0sq.m)44,666 JPY (0.0Y/1075.0sq.m)
Kikitsu-42,304 JPY (0.0Y/188.0sq.m)-
Ichinuno--42,000 JPY (0.0Y/200.0sq.m)
Hizennkoga75,000 JPY (0.0Y/320.0sq.m)34,633 JPY (0.0Y/463.9sq.m)40,740 JPY (0.0Y/270.0sq.m)
Utsutsugawa-65,344 JPY (0.0Y/240.0sq.m)60,762 JPY (0.0Y/345.0sq.m)
Urakami-58,500 JPY (0.0Y/150.0sq.m)118,590 JPY (0.0Y/360.8sq.m)
Nagasaki44,342 JPY (0.0Y/372.5sq.m)90,523 JPY (0.0Y/191.2sq.m)43,224 JPY (0.0Y/141.2sq.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

Hizennkoga75,000 JPY/sq.m (+117% compared with the previous year)

The average price of a sq.m Land of Hizennkoga was 75,000 JPY/sq.m. The market value represents an increase of 40,367 JPY (+116.6%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 320.0 sq.m (a -31.0% decrease compared to the 463.9 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 46.7 min in 2016 and 30.0 min in 2017; -35.7%)

Nagasaki44,342 JPY/sq.m (-51% compared with the previous year)

The average price of a sq.m Land of Nagasaki was 44,342 JPY/sq.m. The market value represents a decrease of 46,181 JPY (-51.0%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 20 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 372.5 sq.m (a +94.8% increase compared to the 191.2 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 49.3 min in 2016 and 75.0 min in 2017; +52.2%)

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)