Ichihara-Shi Apartment average value

Price 160,072 JPY/sq.m
- Age 23.8 years old
- Dist. from Sta. 17.4 min walk
- Property area 59.3 sq.m

The average price of Chiba Ichihara-Shi Apartment, in 2020 was 151,118 JPY/sq.m. The market value represents a decrease of 7,244 JPY (-4.6%) compared to 1 year ago and a transition to a some market.

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

Causes of price decreases

  • An increase in average age of the building (representing 24.5 years old in 2019 and 27.3 years old in 2020; +11.4%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 73.7% of total transactions in 2019 and 86.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Ichihara-Shi were calculated using data on the sales of 633 properties provided by the MLIT Japan.

Ichihara-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
五井10,217,647 JPY172,865 JPY/sq.m137 件
五井中央西11,144,524 JPY194,942 JPY/sq.m42 件
五井東2,155,556 JPY116,508 JPY/sq.m18 件
五所20,342,046 JPY271,778 JPY/sq.m88 件
八幡9,557,143 JPY168,934 JPY/sq.m79 件
八幡北町2,505,263 JPY149,649 JPY/sq.m19 件
八幡海岸通9,784,375 JPY156,756 JPY/sq.m32 件
ちはら台南10,814,894 JPY134,670 JPY/sq.m47 件
ちはら台東11,407,407 JPY140,944 JPY/sq.m27 件
ちはら台西15,866,667 JPY224,433 JPY/sq.m30 件
光風台6,890,909 JPY115,233 JPY/sq.m11 件
君塚8,816,667 JPY164,546 JPY/sq.m6 件
大厩5,878,571 JPY107,078 JPY/sq.m14 件
姉崎8,797,297 JPY134,157 JPY/sq.m75 件
姉崎西13,240,000 JPY222,690 JPY/sq.m5 件
岩野見1,600,000 JPY106,666 JPY/sq.m2 件
東五所2,600,000 JPY106,667 JPY/sq.m12 件
椎津9,183,333 JPY138,043 JPY/sq.m6 件
白金町5,855,556 JPY90,815 JPY/sq.m9 件
能満1,500,000 JPY42,857 JPY/sq.m3 件
辰巳台東9,758,333 JPY141,439 JPY/sq.m12 件
辰巳台西9,820,000 JPY141,404 JPY/sq.m5 件
青葉台4,152,537 JPY69,381 JPY/sq.m70 件

Ichihara-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 New355,888 JPY/sq.m100 %
Residual Value (10 Years)266,245 JPY/sq.m75 %
Residual Value (20 Years)186,220 JPY/sq.m52 %
Residual Value (20 Years)115,812 JPY/sq.m33 %
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 Ichihara-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 Ichihara-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 Ichihara-Shi 姉崎 (Ichihara-Shi Anegasaki 16.0 min walk)
23.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   6,300,000 JPY,    Unit price:   105,000 JPY/sq.m

2. Chiba Ichihara-Shi 光風台 (Ichihara-Shi Koufuudai 16.0 min walk)
23.0 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:   3,900,000 JPY,    Unit price:   65,000 JPY/sq.m

3. Chiba Ichihara-Shi 光風台 (Ichihara-Shi Koufuudai 16.0 min walk)
23.0 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:   7,400,000 JPY,    Unit price:   123,333 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 increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Causes of price decreases

  • An increase in average age of the building (representing 24.5 years old in 2019 and 27.3 years old in 2020; +11.4%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 73.7% of total transactions in 2019 and 86.7% of total transactions in 2020)
The table below shows Apartment dealt in Chiba Ichihara-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 Ichihara-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
Wakaba-Ku 高品町 (87) [Area]11,000,000160,000 JPY/sq.m20.1 yrs18 min70 sq.m
Kashiwa-Shi 富里 (22) [Area]11,500,000160,000 JPY/sq.m25.4 yrs18 min70 sq.m
Funabashi-Shi 松が丘 (6) [Area]10,200,000158,810 JPY/sq.m22.3 yrs19 min70 sq.m
Hanamigawa-Ku 花園町 (15) [Area]11,000,000157,143 JPY/sq.m25.0 yrs14 min70 sq.m
Matsudo-Shi 二ツ木二葉町 (7) [Area]12,000,000171,429 JPY/sq.m19.5 yrs17 min70 sq.m
Shin-Keisei Electric Railway Line Tokiwadaira (250) [Stations]10,200,000151,250 JPY/sq.m23.0 yrs19 min65 sq.m
Hokusō Line Oomachi (2) [Stations]8,600,000138,205 JPY/sq.m22.6 yrs20 min62 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
JR Uchibo Line Goi (152) [Stations]7,500,000132,500 JPY/sq.m28.0 yrs15 min55 sq.m