Kimitsu-Shi Apartment average value

Price 251,697 JPY/sq.m
- Age 15.2 years old
- Dist. from Sta. 3.3 min walk
- Property area 73.0 sq.m

The average price of Chiba Kimitsu-Shi Apartment, in 2020 was 201,099 JPY/sq.m. The market value represents a decrease of 26,422 JPY (-11.6%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving relatively new buildings under 20 years old.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 2.3 min in 2019 and 7.0 min in 2020; +206.2%)
Data regarding the market value and its changes of Apartment in Kimitsu-Shi were calculated using data on the sales of 59 properties provided by the MLIT Japan.

Kimitsu-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
中野17,055,556 JPY239,974 JPY/sq.m27 件
久保15,250,000 JPY259,470 JPY/sq.m4 件
杢師8,650,000 JPY112,857 JPY/sq.m2 件
東坂田19,230,769 JPY256,787 JPY/sq.m26 件

Kimitsu-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 New503,604 JPY/sq.m100 %
Residual Value (10 Years)307,328 JPY/sq.m61 %
Residual Value (20 Years)215,341 JPY/sq.m43 %
Residual Value (20 Years)227,643 JPY/sq.m45 %
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 Kimitsu-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 Kimitsu-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 Kimitsu-Shi 東坂田 (Kimitsu-Shi Kimitsu 2.0 min walk)
18.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-03-01 00:00:00

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

2. Chiba Kimitsu-Shi 東坂田 (Kimitsu-Shi Kimitsu 2.0 min walk)
18.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-03-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   257,143 JPY/sq.m

3. Chiba Kimitsu-Shi 東坂田 (Kimitsu-Shi Kimitsu 2.0 min walk)
18.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-09-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   142,857 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 slight decrease in transactions involving relatively new buildings under 20 years old.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 2.3 min in 2019 and 7.0 min in 2020; +206.2%)
The table below shows Apartment dealt in Chiba Kimitsu-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 Kimitsu-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
Nagareyama-Shi 流山 (15) [Area]20,000,000253,333 JPY/sq.m14.5 yrs3 min80 sq.m
Shisui-Machi 中央台 (37) [Area]18,000,000242,857 JPY/sq.m13.5 yrs4 min80 sq.m
Matsudo-Shi 秋山 (28) [Area]17,000,000242,857 JPY/sq.m16.0 yrs3 min70 sq.m
Sakura-Shi 鏑木町 (36) [Area]17,000,000225,834 JPY/sq.m12.3 yrs4 min70 sq.m
Kamagaya-Shi 道野辺本町 (42) [Area]21,000,000281,318 JPY/sq.m14.0 yrs4 min72 sq.m
JR Uchibo Line Nagaura (17) [Stations]18,000,000253,333 JPY/sq.m14.6 yrs3 min70 sq.m
Shin-Keisei Electric Railway Line Yabashira (33) [Stations]15,000,000254,545 JPY/sq.m14.0 yrs3 min65 sq.m
Nagareyama Line Heiwadai (25) [Stations]20,000,000257,143 JPY/sq.m14.4 yrs3 min75 sq.m
Keisei Main Line Keiseiusui (97) [Stations]16,000,000214,286 JPY/sq.m13.5 yrs3 min75 sq.m