JR Apartment average value

Price 310,944 JPY/sq.m
- Age 25.9 years old
- Dist. from Sta. 13.4 min walk
- Property area 67.8 sq.m

The average price of Chiba JR Apartment, in 2020 was 325,236 JPY/sq.m. The market value represents a decrease of 5,456 JPY (-1.6%) compared to 1 year ago and a transition to a slight market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a some decrease in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 40.1% of total transactions in 2019 and 39.1% of total transactions in 2020)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 0.8% of total transactions in 2019 and 0.9% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 20.5% of total transactions in 2019 and 25.8% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 4.6% of total transactions in 2019 and 3.4% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in JR were calculated using data on the sales of 20,743 properties provided by the MLIT Japan.

JR Apartment market value list

StationsAverage Trading PriceAverage Unit Price#
JR Kururi Line17,514,493 JPY261,508 JPY/sq.m69 件
JR Keiyo Line26,589,900 JPY348,700 JPY/sq.m5,449 件
JR Uchibo Line16,546,135 JPY256,429 JPY/sq.m1,868 件
JR Sotobo Line17,925,680 JPY272,573 JPY/sq.m1,509 件
JR Joban Line Local Train19,192,394 JPY279,168 JPY/sq.m4,726 件
JR Joban Line Rapid Train21,645,794 JPY320,551 JPY/sq.m2,630 件
JR Narita Line16,595,185 JPY213,430 JPY/sq.m1,225 件
JR Narita Abiko Branch Line17,067,769 JPY219,438 JPY/sq.m1,091 件
JR Musashino Line19,636,329 JPY293,416 JPY/sq.m1,928 件
JR Sobu Main Line18,119,200 JPY273,012 JPY/sq.m1,266 件
JR Sobu Line24,232,606 JPY367,355 JPY/sq.m7,532 件
JR Sobu Line Rapid Train25,361,720 JPY384,718 JPY/sq.m4,191 件

JR 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 New592,625 JPY/sq.m100 %
Residual Value (10 Years)456,728 JPY/sq.m77 %
Residual Value (20 Years)350,003 JPY/sq.m59 %
Residual Value (20 Years)272,450 JPY/sq.m46 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 JR 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 JR 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 Funabashi-Shi 宮本 (Funabashi-Shi Funabashi 11.0 min walk)
24.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-06-01 00:00:00

Trading price:   28,000,000 JPY,    Unit price:   430,769 JPY/sq.m

2. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   23,000,000 JPY,    Unit price:   328,571 JPY/sq.m

3. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   357,143 JPY/sq.m

4. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   28,000,000 JPY,    Unit price:   400,000 JPY/sq.m

5. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   23,000,000 JPY,    Unit price:   328,571 JPY/sq.m

6. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   27,000,000 JPY,    Unit price:   385,714 JPY/sq.m

7. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   26,000,000 JPY,    Unit price:   371,429 JPY/sq.m

8. Chiba Yotsukaido-Shi 四街道 (Yotsukaido-Shi Yotsukaidou 11.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   5,800,000 JPY,    Unit price:   82,857 JPY/sq.m

9. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   357,143 JPY/sq.m

10. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   357,143 JPY/sq.m

11. Chiba Narashino-Shi 谷津 (Narashino-Shi Tsudanuma 11.0 min walk)
24.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   31,000,000 JPY,    Unit price:   442,857 JPY/sq.m

12. Chiba Kashiwa-Shi 豊町 (Kashiwa-Shi Minamikashiwa 11.0 min walk)
24.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

13. Chiba Kashiwa-Shi 富里 (Kashiwa-Shi Kashiwa 11.0 min walk)
24.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

14. Chiba Chiba-Shi Chuo-Ku 新宿 (Chiba-Shi Chiba 11.0 min walk)
23.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   28,000,000 JPY,    Unit price:   430,769 JPY/sq.m

15. Chiba Matsudo-Shi 竹ケ花 (Matsudo-Shi Matsudo 11.0 min walk)
23.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-12-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   323,077 JPY/sq.m

16. Chiba Chiba-Shi Inage-Ku 小仲台 (Chiba-Shi Inage 11.0 min walk)
23.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-12-01 00:00:00

Trading price:   30,000,000 JPY,    Unit price:   428,571 JPY/sq.m

17. Chiba Matsudo-Shi 大谷口 (Matsudo-Shi Kitamatsudo 11.0 min walk)
23.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-12-01 00:00:00

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

18. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   23,000,000 JPY,    Unit price:   328,571 JPY/sq.m

19. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   26,000,000 JPY,    Unit price:   371,429 JPY/sq.m

20. Chiba Matsudo-Shi 三ケ月 (Matsudo-Shi Mabashi 11.0 min walk)
24.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   26,000,000 JPY,    Unit price:   371,429 JPY/sq.m

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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 older buildings over 40 years old, as well as a some decrease in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 40.1% of total transactions in 2019 and 39.1% of total transactions in 2020)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 0.8% of total transactions in 2019 and 0.9% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 20.5% of total transactions in 2019 and 25.8% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 4.6% of total transactions in 2019 and 3.4% of total transactions in 2020)
The table below shows Apartment dealt in Chiba JR, 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 JR

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
JR Sobu Line Makuhari (375) [Stations]23,000,000315,966 JPY/sq.m21.0 yrs11 min75 sq.m
Tobu (3,981) [Stations]19,000,000292,308 JPY/sq.m22.0 yrs11 min70 sq.m
Tobu Tobu Noda Line (3,981) [Stations]19,000,000292,308 JPY/sq.m22.0 yrs11 min70 sq.m
Keisei Chiba Line Keiseimakuhari (7) [Stations]22,000,000282,353 JPY/sq.m26.5 yrs15 min75 sq.m
Kashiwa-Shi 花野井 (28) [Area]23,000,000306,667 JPY/sq.m20.8 yrs11 min75 sq.m
Funabashi-Shi 新高根 (12) [Area]22,500,000300,702 JPY/sq.m22.3 yrs15 min75 sq.m
Matsudo-Shi 常盤平双葉町 (17) [Area]21,000,000323,077 JPY/sq.m25.3 yrs12 min70 sq.m
Funabashi-Shi 海神町 (286) [Area]21,000,000333,333 JPY/sq.m25.5 yrs15 min60 sq.m
Ichikawa-Shi 原木 (104) [Area]19,000,000284,524 JPY/sq.m30.6 yrs12 min67 sq.m