Shisui-Machi Apartment average value

Price 92,842 JPY/sq.m
- Age 34.2 years old
- Dist. from Sta. 10.2 min walk
- Property area 79.1 sq.m

The average price of Chiba Inba-Gun Shisui-Machi Apartment, in 2020 was 146,820 JPY/sq.m. The market value represents a decrease of 27,395 JPY (-15.7%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.

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 25.0% of total transactions in 2019 and 33.3% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 26.3 years old in 2019 and 31.4 years old in 2020; +19.4%)
  • A dramatic increase in average distance from the station (representing 7.2 min in 2019 and 9.3 min in 2020; +28.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2019 and 66.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Shisui-Machi were calculated using data on the sales of 95 properties provided by the MLIT Japan.

Shisui-Machi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
上岩橋7,250,000 JPY117,116 JPY/sq.m4 件
中央台16,348,649 JPY211,427 JPY/sq.m37 件
東酒々井6,657,143 JPY90,829 JPY/sq.m54 件

Shisui-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 New542,805 JPY/sq.m100 %
Residual Value (10 Years)373,406 JPY/sq.m69 %
Residual Value (20 Years)234,942 JPY/sq.m43 %
Residual Value (20 Years)127,414 JPY/sq.m23 %
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 Shisui-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 Shisui-Machi 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 Inba-Gun Shisui-Machi 東酒々井 (Inba-Gun Shisui 11.0 min walk)
35.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   4,800,000 JPY,    Unit price:   60,000 JPY/sq.m

2. Chiba Inba-Gun Shisui-Machi 東酒々井 (Inba-Gun Shisui 10.0 min walk)
37.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-12-01 00:00:00

Trading price:   5,700,000 JPY,    Unit price:   71,250 JPY/sq.m

3. Chiba Inba-Gun Shisui-Machi 中央台 (Inba-Gun Shisui 10.0 min walk)
38.5 years old , Area: 85.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   5,200,000 JPY,    Unit price:   61,176 JPY/sq.m

4. Chiba Inba-Gun Shisui-Machi 東酒々井 (Inba-Gun Shisui 11.0 min walk)
39.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-06-01 00:00:00

Trading price:   6,800,000 JPY,    Unit price:   85,000 JPY/sq.m

5. Chiba Inba-Gun Shisui-Machi 東酒々井 (Inba-Gun Shisui 12.0 min walk)
33.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-09-01 00:00:00

Trading price:   4,800,000 JPY,    Unit price:   60,000 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 relatively old buildings under 40 years old.

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 25.0% of total transactions in 2019 and 33.3% of total transactions in 2020)

Causes of price decreases

  • An increase in average age of the building (representing 26.3 years old in 2019 and 31.4 years old in 2020; +19.4%)
  • A dramatic increase in average distance from the station (representing 7.2 min in 2019 and 9.3 min in 2020; +28.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2019 and 66.7% of total transactions in 2020)
The table below shows Apartment dealt in Chiba Inba-Gun Shisui-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 Shisui-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
Shisui-Machi 上岩橋 (4) [Area]6,300,000104,616 JPY/sq.m18.8 yrs6 min62 sq.m
Inba-Gun (95) [Area]5,700,00071,250 JPY/sq.m36.8 yrs11 min80 sq.m
Shisui-Machi 東酒々井 (54) [Area]5,350,00067,322 JPY/sq.m32.3 yrs13 min77 sq.m