Sakae-Machi Apartment average value

Price 253,868 JPY/sq.m
- Age 16.8 years old
- Dist. from Sta. 20.6 min walk
- Property area 71.0 sq.m

The average price of Chiba Funabashi-Shi Sakae-Machi Apartment, in 2020 was 372,222 JPY/sq.m. The market value represents an increase of 118,926 JPY (+47.0%) compared to 1 year ago and a transition to a dramatic market.

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

Cause of price increases

  • A dramatic decrease in average age of the building (representing 23.3 years old in 2019 and 11.4 years old in 2020; -51.1%)
Data regarding the market value and its changes of Apartment in Sakae-Machi were calculated using data on the sales of 42 properties provided by the MLIT Japan.

Sakae-Machi Apartment transaction price list

areaTrading PriceUnit PriceStationDistance from the station
Sakae-Machi14,000,000JPY215,385 JPY/sq.mFunabashi18 min
Sakae-Machi14,000,000JPY186,667 JPY/sq.mFunabashi18 min
Sakae-Machi16,000,000JPY213,333 JPY/sq.mFunabashi19 min
Sakae-Machi17,000,000JPY242,857 JPY/sq.mFunabashi20 min
Sakae-Machi21,000,000JPY300,000 JPY/sq.mFunabashi20 min
Sakae-Machi17,000,000JPY242,857 JPY/sq.mFunabashi20 min
Sakae-Machi16,000,000JPY228,571 JPY/sq.mFunabashi20 min
Sakae-Machi20,000,000JPY266,667 JPY/sq.mFunabashi20 min
Sakae-Machi16,000,000JPY228,571 JPY/sq.mFunabashi20 min
Sakae-Machi16,000,000JPY246,154 JPY/sq.mFunabashi20 min
Sakae-Machi17,000,000JPY261,538 JPY/sq.mFunabashi20 min
Sakae-Machi12,000,000JPY184,615 JPY/sq.mFunabashi20 min
Sakae-Machi16,000,000JPY213,333 JPY/sq.mFunabashi20 min
Sakae-Machi16,000,000JPY228,571 JPY/sq.mFunabashi20 min
Sakae-Machi17,000,000JPY242,857 JPY/sq.mFunabashi20 min
Sakae-Machi12,000,000JPY160,000 JPY/sq.mFunabashi20 min
Sakae-Machi16,000,000JPY228,571 JPY/sq.mFunabashi21 min

Sakae-Machi 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 New399,216 JPY/sq.m100 %
Residual Value (10 Years)301,272 JPY/sq.m75 %
Residual Value (20 Years)222,396 JPY/sq.m56 %
Residual Value (20 Years)162,587 JPY/sq.m41 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Sakae-Machi 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 Sakae-Machi 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 Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
17.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

2. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
17.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   300,000 JPY/sq.m

3. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
17.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

4. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
17.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

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

5. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
18.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-03-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   266,667 JPY/sq.m

6. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
18.0 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:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

7. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
18.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   246,154 JPY/sq.m

8. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
18.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   261,538 JPY/sq.m

9. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
17.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-03-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   184,615 JPY/sq.m

10. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 21.0 min walk)
18.0 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:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

11. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
18.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   213,333 JPY/sq.m

12. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
18.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-12-01 00:00:00

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

13. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
16.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

14. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 20.0 min walk)
16.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-09-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   160,000 JPY/sq.m

15. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 19.0 min walk)
16.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   213,333 JPY/sq.m

16. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 18.0 min walk)
18.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-09-01 00:00:00

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

17. Chiba Funabashi-Shi Sakae-Machi (Funabashi-Shi Funabashi 18.0 min walk)
19.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2015-03-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   186,667 JPY/sq.m

{{$index+1}}. {{item.place}} ({{item.stations[0]}} {{item.station_distance}} min walk)
{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}

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 slight decrease in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 23.3 years old in 2019 and 11.4 years old in 2020; -51.1%)
The table below shows Apartment dealt in Chiba Funabashi-Shi Sakae-Machi, 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 Sakae-Machi

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
Funabashi-Shi 古作 (16) [Area]16,500,000258,042 JPY/sq.m22.4 yrs15 min65 sq.m
Funabashi-Shi 中野木 (34) [Area]20,500,000266,667 JPY/sq.m16.8 yrs16 min75 sq.m
Funabashi-Shi 夏見 (294) [Area]19,000,000271,429 JPY/sq.m22.0 yrs25 min65 sq.m
Funabashi-Shi 新高根 (12) [Area]22,500,000300,702 JPY/sq.m22.3 yrs15 min75 sq.m