Hanamigawa-Ku Apartment average value

Price 159,464 JPY/sq.m
- Age 35.2 years old
- Dist. from Sta. 18.9 min walk
- Property area 62.4 sq.m

The average price of Chiba-Shi Hanamigawa-Ku Apartment, in 2020 was 179,568 JPY/sq.m. The market value represents an increase of 1,786 JPY (+1.0%) compared to 1 year ago and a transition to a slight market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 1.1% of total transactions in 2019 and 3.9% of total transactions in 2020)
  • A slight decrease in transactions involving older buildings over 40 years old (representing 44.2% of total transactions in 2019 and 44.0% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 29.1% of total transactions in 2019 and 34.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Hanamigawa-Ku were calculated using data on the sales of 1,503 properties provided by the MLIT Japan.

Hanamigawa-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
千種町4,023,529 JPY66,987 JPY/sq.m17 件
さつきが丘6,807,246 JPY106,524 JPY/sq.m69 件
作新台7,348,276 JPY112,918 JPY/sq.m122 件
天戸町7,376,471 JPY118,571 JPY/sq.m17 件
宮野木台11,053,846 JPY141,936 JPY/sq.m27 件
幕張本郷25,645,833 JPY384,914 JPY/sq.m151 件
幕張町22,318,987 JPY302,321 JPY/sq.m387 件
朝日ケ丘7,175,862 JPY110,731 JPY/sq.m155 件
柏井6,244,186 JPY95,988 JPY/sq.m43 件
検見川町21,900,000 JPY350,762 JPY/sq.m37 件
瑞穂23,518,518 JPY281,815 JPY/sq.m81 件
畑町13,400,000 JPY185,524 JPY/sq.m5 件
花園9,575,862 JPY149,171 JPY/sq.m31 件
花園町11,793,333 JPY163,844 JPY/sq.m15 件
花島町10,177,778 JPY163,432 JPY/sq.m9 件
花見川2,558,182 JPY52,565 JPY/sq.m195 件
西小中台3,748,387 JPY82,841 JPY/sq.m134 件
長作町22,782,609 JPY262,056 JPY/sq.m23 件

Hanamigawa-Ku Apartment value Age transition

Market values (unit price: sq.m, ㎡) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Apartment in terms of Age. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Age is updated.)
AgeTrading PriceProportion
Price at New334,531 JPY/sq.m100 %
Residual Value (10 Years)285,295 JPY/sq.m85 %
Residual Value (20 Years)234,447 JPY/sq.m70 %
Residual Value (20 Years)181,987 JPY/sq.m54 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Hanamigawa-Ku Apartment market value

We can calculate market values for Apartment based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Hanamigawa-Ku Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

1. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 19.0 min walk)
36.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   200,000 JPY/sq.m

2. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 20.0 min walk)
37.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-06-01 00:00:00

Trading price:   3,600,000 JPY,    Unit price:   60,000 JPY/sq.m

3. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 18.0 min walk)
36.0 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3K , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   5,200,000 JPY,    Unit price:   94,545 JPY/sq.m

4. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 20.0 min walk)
35.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   4,500,000 JPY,    Unit price:   75,000 JPY/sq.m

5. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 20.0 min walk)
35.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   7,300,000 JPY,    Unit price:   121,667 JPY/sq.m

6. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 20.0 min walk)
37.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   200,000 JPY/sq.m

7. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 18.0 min walk)
37.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2DK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   4,100,000 JPY,    Unit price:   74,545 JPY/sq.m

8. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 18.0 min walk)
37.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   3,000,000 JPY,    Unit price:   54,545 JPY/sq.m

9. Chiba Chiba-Shi Hanamigawa-Ku 花見川 (Chiba-Shi Yachiyodai 20.0 min walk)
38.3 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2006-06-01 00:00:00

Trading price:   5,800,000 JPY,    Unit price:   105,455 JPY/sq.m

10. Chiba Chiba-Shi Hanamigawa-Ku 作新台 (Chiba-Shi Mimomi 20.0 min walk)
38.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01 00:00:00

Trading price:   6,700,000 JPY,    Unit price:   111,667 JPY/sq.m

11. Chiba Chiba-Shi Hanamigawa-Ku 作新台 (Chiba-Shi Mimomi 20.0 min walk)
38.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   141,667 JPY/sq.m

12. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 20.0 min walk)
35.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   6,800,000 JPY,    Unit price:   113,333 JPY/sq.m

13. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 18.0 min walk)
35.0 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   5,900,000 JPY,    Unit price:   107,273 JPY/sq.m

14. Chiba Chiba-Shi Hanamigawa-Ku 花見川 (Chiba-Shi Yachiyodai 19.0 min walk)
39.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-12-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   90,909 JPY/sq.m

15. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 18.0 min walk)
33.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   90,909 JPY/sq.m

16. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 18.0 min walk)
33.8 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   6,300,000 JPY,    Unit price:   114,545 JPY/sq.m

17. Chiba Chiba-Shi Hanamigawa-Ku 朝日ケ丘 (Chiba-Shi Shinnkemigawa 18.0 min walk)
33.3 years old , Area: 55.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   4,600,000 JPY,    Unit price:   83,636 JPY/sq.m

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Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:
Apartment market value trends Market value trends for Apartment.

Apartment market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 1.1% of total transactions in 2019 and 3.9% of total transactions in 2020)
  • A slight decrease in transactions involving older buildings over 40 years old (representing 44.2% of total transactions in 2019 and 44.0% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 29.1% of total transactions in 2019 and 34.0% of total transactions in 2020)
The table below shows Apartment dealt in Chiba-Shi Hanamigawa-Ku, 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:

Area close to the price in Hanamigawa-Ku

The closest areas in terms of Apartment price ranges to this area are ones like the following that are along a railway line and have a station.

Area / Station Median
Price
JPY
Unit price
JPY/sq.m
Age
Years old
Distance
min walk
Area
Hanamigawa-Ku 花園町 (15) [Area]11,000,000157,143 JPY/sq.m25.0 yrs14 min70 sq.m
Midori-Ku あすみが丘 (173) [Area]11,000,000153,572 JPY/sq.m24.1 yrs17 min75 sq.m
Inage-Ku 穴川 (56) [Area]12,000,000168,421 JPY/sq.m28.0 yrs19 min75 sq.m
Inage-Ku 稲毛町 (9) [Area]11,000,000169,231 JPY/sq.m32.3 yrs19 min65 sq.m
Mihama-Ku 高浜 (198) [Area]9,750,000148,636 JPY/sq.m39.0 yrs13 min60 sq.m