Enshu Railway Line Shizuoka 2015-2Q
Land market report

Enshu Railway Line railway market report

Enshu Railway Line Land market overview

The average price of a sq.m Land of Enshu Railway Line (Sukenobu to Nishikajima), in Apr, 2015 to Jun, 2015 was 39,727 JPY/sq.m. The market value represents an increase of 648 JPY (+1.7%) compared to 1 year ago and a transition to a slight market. 23 properties exchanged hands ( The market value represents an increase of 7 (+43.8%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 314.1 sq.m (a -22.3% decrease compared to the 404.1 sq.m of last year.).

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

2 stations have experienced increased prices; 5 stations have experienced decreased prices. Market value of most stations decreased.

The top 2 stations has seen prices increase +386.0% (+21,455 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -76.1% (-39,155 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 21.4 min in 2014 and 17.9 min in 2015; -16.2%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.2% of total transactions in 2014 and 13.0% of total transactions in 2015)

Breakdown of each segment

The table below shows Land dealt in Enshu Railway 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 Ennshuukomatsu, the highest market value along this railway was 44,857 JPY/sq.m. The market value represents a decrease of 17,359 JPY (-27.9%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 4 (+133.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Nishikajima, the lowest market value along this railway was 5,454 JPY/sq.m. The market value represents a decrease of 47,060 JPY (-89.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

Enshu Railway Line (Stations Land market overview)
Enshu Railway LineThis year(2015)1 year ago2 years ago
Sukenobu---
Kamijima120,289 JPY (0.0Y/690.0sq.m)-114,285 JPY (0.0Y/140.0sq.m)
Jidoushagakkoumae---
Saginomiya---
Sekishi--60,606 JPY (0.0Y/165.0sq.m)
Enshu-Nishigasaki45,333 JPY (0.0Y/250.0sq.m)-63,520 JPY (0.0Y/180.0sq.m)
Ennshuukomatsu44,857 JPY (0.0Y/243.6sq.m)62,216 JPY (0.0Y/253.3sq.m)58,272 JPY (0.0Y/347.3sq.m)
Hamakita26,776 JPY (0.0Y/172.5sq.m)47,389 JPY (0.0Y/265.0sq.m)45,638 JPY (0.0Y/425.0sq.m)
Misonochuuoukouenn35,042 JPY (0.0Y/503.3sq.m)4,938 JPY (0.0Y/810.0sq.m)59,366 JPY (0.0Y/686.0sq.m)
Ennshuukobayashi37,037 JPY (0.0Y/279.0sq.m)52,432 JPY (0.0Y/185.0sq.m)41,622 JPY (0.0Y/310.0sq.m)
Ennshuushibamoto20,689 JPY (0.0Y/290.0sq.m)7,884 JPY (0.0Y/281.2sq.m)74,026 JPY (0.0Y/292.5sq.m)
Ennshuugannsuiji18,750 JPY (0.0Y/240.0sq.m)50,000 JPY (0.0Y/280.0sq.m)39,742 JPY (0.0Y/346.7sq.m)
Nishikajima5,454 JPY (0.0Y/550.0sq.m)52,514 JPY (0.0Y/836.7sq.m)37,640 JPY (0.0Y/360.0sq.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

Misonochuuoukouenn35,042 JPY/sq.m (+610% compared with the previous year)

The average price of a sq.m Land of Misonochuuoukouenn was 35,042 JPY/sq.m. The market value represents an increase of 30,104 JPY (+609.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 503.3 sq.m (a -37.9% decrease compared to the 810.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.0 min in 2014 and 13.3 min in 2015; -55.6%)

Ennshuushibamoto20,689 JPY/sq.m (+162% compared with the previous year)

The average price of a sq.m Land of Ennshuushibamoto was 20,689 JPY/sq.m. The market value represents an increase of 12,805 JPY (+162.4%) 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 290.0 sq.m (a +3.1% increase compared to the 281.2 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 40.5 min in 2014 and 4.0 min in 2015; -90.1%)

Nishikajima5,454 JPY/sq.m (-90% compared with the previous year)

The average price of a sq.m Land of Nishikajima was 5,454 JPY/sq.m. The market value represents a decrease of 47,060 JPY (-89.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 550.0 sq.m (a -34.3% decrease compared to the 836.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.7 min in 2014 and 30.0 min in 2015; +246.2%)

Ennshuugannsuiji18,750 JPY/sq.m (-62% compared with the previous year)

The average price of a sq.m Land of Ennshuugannsuiji was 18,750 JPY/sq.m. The market value represents a decrease of 31,250 JPY (-62.5%) 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 240.0 sq.m (a -14.3% decrease compared to the 280.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 16.0 min in 2014 and 2.0 min in 2015; -87.5%)

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)