Chiba-Shi Apartment average value

Price 231,114 JPY/sq.m
- Age 28.9 years old
- Dist. from Sta. 13.9 min walk
- Property area 65.1 sq.m

The average price of Chiba Chiba-Shi Apartment, in 2020 was 254,925 JPY/sq.m. The market value represents an increase of 14,196 JPY (+5.9%) compared to 1 year ago and a transition to a strong market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a dramatic decrease in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • An increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.2% of total transactions in 2019 and 16.2% of total transactions in 2020)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 33.0% of total transactions in 2019 and 32.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 32.2% of total transactions in 2019 and 38.8% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 4.7% of total transactions in 2019 and 3.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Chiba-Shi were calculated using data on the sales of 8,787 properties provided by the MLIT Japan.

Chiba-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
Chuo-Ku20,743,222 JPY312,712 JPY/sq.m1,780 件
Hanamigawa-Ku10,859,105 JPY159,464 JPY/sq.m1,503 件
Inage-Ku17,507,786 JPY253,850 JPY/sq.m1,718 件
Wakaba-Ku10,698,374 JPY161,568 JPY/sq.m558 件
Midori-Ku13,566,667 JPY184,385 JPY/sq.m563 件
Mihama-Ku14,701,443 JPY219,814 JPY/sq.m2,665 件

Chiba-Shi 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 New492,039 JPY/sq.m100 %
Residual Value (10 Years)375,826 JPY/sq.m76 %
Residual Value (20 Years)281,305 JPY/sq.m57 %
Residual Value (20 Years)208,476 JPY/sq.m42 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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 Chiba-Shi 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 Chiba-Shi Apartment that meet the above conditions were calculated in the following manner.

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({{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 幕張町 (Chiba-Shi Makuhari 11.0 min walk)
26.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2008-12-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   314,286 JPY/sq.m

2. Chiba Chiba-Shi Chuo-Ku 東千葉 (Chiba-Shi Higashichiba 11.0 min walk)
26.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2009-06-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   150,000 JPY/sq.m

3. Chiba Chiba-Shi Mihama-Ku 真砂 (Chiba-Shi Kemigawahama 11.0 min walk)
27.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   200,000 JPY/sq.m

4. Chiba Chiba-Shi Chuo-Ku 出洲港 (Chiba-Shi Honnchiba 10.0 min walk)
27.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2015-03-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   61,538 JPY/sq.m

5. Chiba Chiba-Shi Hanamigawa-Ku 幕張町 (Chiba-Shi Makuhari 12.0 min walk)
27.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-03-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

6. Chiba Chiba-Shi Midori-Ku 高津戸町 (Chiba-Shi Toke 12.0 min walk)
26.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-12-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   107,143 JPY/sq.m

7. Chiba Chiba-Shi Hanamigawa-Ku 幕張町 (Chiba-Shi Makuhari 11.0 min walk)
26.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-03-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

8. Chiba Chiba-Shi Chuo-Ku 千葉寺町 (Chiba-Shi Honnchiba 12.0 min walk)
26.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 JPY/sq.m

9. Chiba Chiba-Shi Chuo-Ku 東千葉 (Chiba-Shi Higashichiba 11.0 min walk)
28.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2011-03-01 00:00:00

Trading price:   9,800,000 JPY,    Unit price:   150,769 JPY/sq.m

10. Chiba Chiba-Shi Midori-Ku 誉田町 (Chiba-Shi Honnda 10.0 min walk)
26.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-03-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   92,308 JPY/sq.m

11. Chiba Chiba-Shi Chuo-Ku 宮崎町 (Chiba-Shi Oomoridai 10.0 min walk)
27.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-12-01 00:00:00

Trading price:   9,800,000 JPY,    Unit price:   150,769 JPY/sq.m

12. Chiba Chiba-Shi Chuo-Ku 宮崎 (Chiba-Shi Soga 11.0 min walk)
25.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

13. Chiba Chiba-Shi Hanamigawa-Ku 幕張町 (Chiba-Shi Makuhari 11.0 min walk)
25.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2007-09-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   200,000 JPY/sq.m

14. Chiba Chiba-Shi Mihama-Ku 真砂 (Chiba-Shi Kemigawahama 11.0 min walk)
28.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   215,385 JPY/sq.m

15. Chiba Chiba-Shi Hanamigawa-Ku 幕張町 (Chiba-Shi Makuhari 10.0 min walk)
25.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-12-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   276,923 JPY/sq.m

16. Chiba Chiba-Shi Hanamigawa-Ku 幕張町 (Chiba-Shi Makuhari 10.0 min walk)
25.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2008-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

17. Chiba Chiba-Shi Mihama-Ku 真砂 (Chiba-Shi Kemigawahama 10.0 min walk)
28.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

18. Chiba Chiba-Shi Chuo-Ku 東千葉 (Chiba-Shi Higashichiba 11.0 min walk)
28.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

19. Chiba Chiba-Shi Chuo-Ku 東千葉 (Chiba-Shi Higashichiba 10.0 min walk)
25.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2008-06-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   138,462 JPY/sq.m

20. Chiba Chiba-Shi Chuo-Ku 東千葉 (Chiba-Shi Higashichiba 10.0 min walk)
25.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2008-06-01 00:00:00

Trading price:   9,400,000 JPY,    Unit price:   144,615 JPY/sq.m

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Trading price:   {{item.price|number:0}} JPY,    Unit price:   {{item.unit_price|number:0}} JPY/sq.m

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 older buildings over 40 years old, as well as a dramatic decrease in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • An increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.2% of total transactions in 2019 and 16.2% of total transactions in 2020)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 33.0% of total transactions in 2019 and 32.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 32.2% of total transactions in 2019 and 38.8% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 4.7% of total transactions in 2019 and 3.7% of total transactions in 2020)
The table below shows Apartment dealt in Chiba Chiba-Shi, 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 Chiba-Shi

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
Ichihara-Shi 姉崎西 (5) [Area]13,000,000230,769 JPY/sq.m25.5 yrs13 min60 sq.m
Noda-Shi 宮崎 (18) [Area]18,500,000241,428 JPY/sq.m25.3 yrs12 min75 sq.m
Matsudo-Shi 竹ケ花 (18) [Area]13,000,000211,428 JPY/sq.m26.1 yrs13 min65 sq.m
Abiko-Shi 青山 (48) [Area]18,500,000253,572 JPY/sq.m24.1 yrs13 min70 sq.m
Matsudo-Shi 和名ケ谷 (58) [Area]20,000,000259,340 JPY/sq.m25.3 yrs15 min77 sq.m
Shin-Keisei Electric Railway Line Motoyama (90) [Stations]13,000,000212,500 JPY/sq.m23.3 yrs15 min65 sq.m
JR JR Narita Abiko Branch Line (1,091) [Stations]14,000,000200,000 JPY/sq.m24.8 yrs11 min75 sq.m
JR Joban Line Local Train Kitakogane (456) [Stations]15,000,000200,000 JPY/sq.m26.6 yrs12 min70 sq.m
JR Sobu Main Line Tsuga (195) [Stations]11,000,000187,500 JPY/sq.m25.8 yrs15 min70 sq.m
Chiba Monorail Line 2 Tsuga (195) [Stations]11,000,000187,500 JPY/sq.m25.8 yrs15 min70 sq.m