Futtsu-Shi Apartment average value

Price 123,083 JPY/sq.m
- Age 27.6 years old
- Dist. from Sta. 19.6 min walk
- Property area 68.1 sq.m

The average price of Chiba Futtsu-Shi Apartment, in 2019 was 118,606 JPY/sq.m. The market value represents a decrease of 69,629 JPY (-37.0%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving older buildings over 40 years old.

Cause of price increases

  • An decrease in average age of the building (representing 42.8 years old in 2018 and 35.0 years old in 2019; -18.1%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 100.0% of total transactions in 2018 and 50.0% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 15.0 min in 2018 and 19.0 min in 2019; +26.7%)
Data regarding the market value and its changes of Apartment in Futtsu-Shi were calculated using data on the sales of 16 properties provided by the MLIT Japan.

Futtsu-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
金谷8,800,000 JPY145,332 JPY/sq.m7 件
青木7,933,333 JPY105,778 JPY/sq.m9 件
Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

Futtsu-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 New390,790 JPY/sq.m100 %
Residual Value (10 Years)257,378 JPY/sq.m66 %
Residual Value (20 Years)154,901 JPY/sq.m40 %
Residual Value (20 Years)83,361 JPY/sq.m21 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

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




Calculate Futtsu-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 Futtsu-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 Futtsu-Shi 青木 (Futtsu-Shi Aohori 23.0 min walk)
24.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-09-01 00:00:00

Trading price:   7,200,000 JPY,    Unit price:   96,000 JPY/sq.m

2. Chiba Futtsu-Shi 青木 (Futtsu-Shi Aohori 23.0 min walk)
25.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK
- Trading date: 2017-12-01 00:00:00

Trading price:   7,800,000 JPY,    Unit price:   104,000 JPY/sq.m

3. Chiba Futtsu-Shi 青木 (Futtsu-Shi Aohori 21.0 min walk)
22.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

Trading price:   7,600,000 JPY,    Unit price:   101,333 JPY/sq.m

4. Chiba Futtsu-Shi 青木 (Futtsu-Shi Aohori 23.0 min walk)
27.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   7,700,000 JPY,    Unit price:   102,667 JPY/sq.m

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- 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 dramatic decrease in transactions involving older buildings over 40 years old.

Cause of price increases

  • An decrease in average age of the building (representing 42.8 years old in 2018 and 35.0 years old in 2019; -18.1%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 100.0% of total transactions in 2018 and 50.0% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 15.0 min in 2018 and 19.0 min in 2019; +26.7%)
The table below shows Apartment dealt in Chiba Futtsu-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 Futtsu-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 (633) [Area]9,050,000133,333 JPY/sq.m25.5 yrs16 min65 sq.m
Ichihara-Shi 君塚 (6) [Area]6,900,000136,364 JPY/sq.m26.8 yrs17 min55 sq.m
Kamagaya-Shi 南鎌ケ谷 (17) [Area]7,000,000105,476 JPY/sq.m25.5 yrs20 min70 sq.m
Nagareyama-Shi 駒木台 (17) [Area]7,400,000101,429 JPY/sq.m30.1 yrs18 min75 sq.m
Tobu Noda Line Sakasai (65) [Stations]8,000,000120,000 JPY/sq.m26.8 yrs18 min70 sq.m
JR JR Tōgane Line (1) [Stations]9,400,000134,286 JPY/sq.m22.8 yrs21 min70 sq.m
JR Sotobo Line Ooami (1) [Stations]9,400,000134,286 JPY/sq.m22.8 yrs21 min70 sq.m
JR Tōgane Line Ooami (1) [Stations]9,400,000134,286 JPY/sq.m22.8 yrs21 min70 sq.m
Hokusō Line Oomachi (2) [Stations]8,600,000138,205 JPY/sq.m22.6 yrs20 min62 sq.m