JR Nagasaki Main Line Nagasaki 2017-4Q
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 Oct, 2017 to Dec, 2017 was 144,771 JPY/sq.m. The market value represents an increase of 87,154 JPY (+151.3%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 54 (-94.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 706.7 sq.m (a +61.0% increase compared to the 438.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

2 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased. Kikitsu station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Urakami station, where prices have increased +146.0% compared to last year; a sq.m unit now costs 191,666 JPY/sq.m.

The top 1 stations has seen prices increase +146.0% (+113,740 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +67.5% (+20,546 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 32.3 min in 2016 and 17.7 min in 2017; -45.4%)

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 Urakami, the highest market value along this railway was 191,666 JPY/sq.m. The market value represents an increase of 113,740 JPY (+146.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 8 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Kikitsu, the lowest market value along this railway was 50,980 JPY/sq.m. The market value represents an increase of 20,546 JPY (+67.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

JR Nagasaki Main Line (Stations Land market overview)
JR Nagasaki Main LineThis year(2017)1 year ago2 years ago
Konagai-5,405 JPY (0.0Y/185.0sq.m)-
Yue-7,608 JPY (0.0Y/536.7sq.m)7,500 JPY (0.0Y/240.0sq.m)
Oe-8,035 JPY (0.0Y/560.0sq.m)8,292 JPY (0.0Y/410.0sq.m)
Hizennnagata-24,285 JPY (0.0Y/350.0sq.m)-
Higashiisahaya-6,172 JPY (0.0Y/655.0sq.m)-
Isahaya-50,463 JPY (0.0Y/709.1sq.m)46,647 JPY (0.0Y/463.8sq.m)
Nishiisahaya-38,660 JPY (0.0Y/418.0sq.m)19,444 JPY (0.0Y/360.0sq.m)
Kikitsu50,980 JPY (0.0Y/510.0sq.m)30,434 JPY (0.0Y/230.0sq.m)-
Ichinuno-50,000 JPY (0.0Y/380.0sq.m)-
Hizennkoga-32,526 JPY (0.0Y/587.5sq.m)37,222 JPY (0.0Y/227.0sq.m)
Utsutsugawa---
Urakami191,666 JPY (0.0Y/805.0sq.m)77,926 JPY (0.0Y/221.0sq.m)53,617 JPY (0.0Y/209.3sq.m)
Nagasaki-85,809 JPY (0.0Y/349.4sq.m)41,522 JPY (0.0Y/316.8sq.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

Urakami191,666 JPY/sq.m (+146% compared with the previous year)

The average price of a sq.m Land of Urakami was 191,666 JPY/sq.m. The market value represents an increase of 113,740 JPY (+146.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 8 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 805.0 sq.m (a +264.3% increase compared to the 221.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 23.6 min in 2016 and 20.0 min in 2017; -15.3%)

Kikitsu50,980 JPY/sq.m (+68% compared with the previous year)

The average price of a sq.m Land of Kikitsu was 50,980 JPY/sq.m. The market value represents an increase of 20,546 JPY (+67.5%) 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 +121.7% increase compared to the 230.0 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)