Sakura-Shi Apartment average value

Price 225,113 JPY/sq.m
- Age 21.8 years old
- Dist. from Sta. 9.9 min walk
- Property area 78.1 sq.m

The average price of Chiba Sakura-Shi Apartment, in 2020 was 205,127 JPY/sq.m. The market value represents a decrease of 30,435 JPY (-12.9%) 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 locations more than twenty minutes by foot from the station, outside of walking distance, as well as a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Causes of price decreases

  • An increase in average age of the building (representing 21.3 years old in 2019 and 24.1 years old in 2020; +13.2%)
  • A dramatic increase in average distance from the station (representing 9.2 min in 2019 and 12.8 min in 2020; +38.9%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 42.6% of total transactions in 2019 and 50.0% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 23.5% of total transactions in 2019 and 18.8% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Sakura-Shi were calculated using data on the sales of 1,180 properties provided by the MLIT Japan.

Sakura-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
六崎11,075,000 JPY170,385 JPY/sq.m4 件
ユーカリが丘19,817,647 JPY232,373 JPY/sq.m215 件
上座9,216,667 JPY153,611 JPY/sq.m6 件
上志津11,129,268 JPY152,206 JPY/sq.m162 件
中志津16,181,482 JPY217,286 JPY/sq.m27 件
井野13,415,625 JPY180,783 JPY/sq.m204 件
南ユーカリが丘26,130,435 JPY362,509 JPY/sq.m81 件
大崎台13,750,000 JPY198,958 JPY/sq.m12 件
大蛇町5,431,250 JPY63,897 JPY/sq.m16 件
宮ノ台20,313,793 JPY268,236 JPY/sq.m114 件
宮前21,500,000 JPY303,136 JPY/sq.m6 件
山崎13,353,192 JPY181,848 JPY/sq.m47 件
弥勒町9,188,000 JPY134,338 JPY/sq.m25 件
Sakae-Machi21,846,154 JPY280,574 JPY/sq.m13 件
王子台16,383,333 JPY218,770 JPY/sq.m36 件
田町10,992,857 JPY116,728 JPY/sq.m14 件
稲荷台16,870,000 JPY227,313 JPY/sq.m30 件
臼井12,441,936 JPY177,488 JPY/sq.m31 件
臼井台9,633,333 JPY113,880 JPY/sq.m9 件
臼井田13,900,000 JPY201,685 JPY/sq.m8 件
表町21,234,615 JPY272,215 JPY/sq.m27 件
西志津13,714,865 JPY186,671 JPY/sq.m74 件
鏑木町16,488,889 JPY219,531 JPY/sq.m36 件

Sakura-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 New431,796 JPY/sq.m100 %
Residual Value (10 Years)309,446 JPY/sq.m72 %
Residual Value (20 Years)219,144 JPY/sq.m51 %
Residual Value (20 Years)160,893 JPY/sq.m37 %
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 Sakura-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 Sakura-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 Sakura-Shi 上志津 (Sakura-Shi Shidu 7.0 min walk)
21.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

2. Chiba Sakura-Shi 西志津 (Sakura-Shi Shidu 7.0 min walk)
22.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   150,000 JPY/sq.m

3. Chiba Sakura-Shi 上志津 (Sakura-Shi Shidu 7.0 min walk)
22.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-12-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   118,571 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, as well as a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Causes of price decreases

  • An increase in average age of the building (representing 21.3 years old in 2019 and 24.1 years old in 2020; +13.2%)
  • A dramatic increase in average distance from the station (representing 9.2 min in 2019 and 12.8 min in 2020; +38.9%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 42.6% of total transactions in 2019 and 50.0% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 23.5% of total transactions in 2019 and 18.8% of total transactions in 2020)
The table below shows Apartment dealt in Chiba Sakura-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 Sakura-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
Funabashi-Shi 薬円台 (133) [Area]15,500,000226,786 JPY/sq.m20.1 yrs9 min70 sq.m
Matsudo-Shi 南花島 (34) [Area]14,500,000221,428 JPY/sq.m22.3 yrs11 min67 sq.m
Abiko-Shi (862) [Area]15,000,000219,444 JPY/sq.m24.1 yrs8 min75 sq.m
Yotsukaido-Shi (158) [Area]15,000,000233,333 JPY/sq.m21.8 yrs10 min65 sq.m
Matsudo-Shi 稔台 (85) [Area]13,000,000216,667 JPY/sq.m17.6 yrs10 min65 sq.m
Keisei Keisei Main Line (3,463) [Stations]16,000,000226,667 JPY/sq.m25.3 yrs10 min70 sq.m
Shin-Keisei Electric Railway Line Gokou (194) [Stations]16,000,000221,667 JPY/sq.m20.3 yrs8 min65 sq.m
Other Nagareyama Line (381) [Stations]15,000,000228,571 JPY/sq.m25.8 yrs10 min70 sq.m
Chiba Urban Monorail Chiba Monorail Line 2 (1,065) [Stations]13,000,000218,182 JPY/sq.m24.5 yrs11 min70 sq.m
Shin-Keisei Electric Railway Line Yakuenndai (218) [Stations]13,500,000217,424 JPY/sq.m23.5 yrs10 min67 sq.m