Chiba Monorail Line 1 Land average value

Price 136,636 JPY/sq.m
- Dist. from Sta. 37.0 min walk
- Property area 303 sq.m

The average price of Chiba Urban Monorail Chiba Monorail Line 1 Land, in 2020 was 111,001 JPY/sq.m. The market value represents a decrease of 82,768 JPY (-42.7%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

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 1.6% of total transactions in 2019 and 9.1% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 34.1 min in 2019 and 43.8 min in 2020; +28.5%)
Data regarding the market value and its changes of Land in Chiba Monorail Line 1 were calculated using data on the sales of 1,118 properties provided by the MLIT Japan.

Chiba Monorail Line 1 Land market value list

StationsAverage Trading PriceAverage Unit Price#
Chibaminato253,975,610 JPY173,734 JPY/sq.m41 件
Shiyakushomae183,000,000 JPY168,750 JPY/sq.m2 件
Chiba44,881,746 JPY135,784 JPY/sq.m1,075 件

Chiba Monorail Line 1 Land value Distance From The Station transition

Market values (unit price: sq.m, ㎡) in terms of Distance From The Station, is as follow.

The orange line means market values (unit price: sq.m) for Land in terms of Distance From The Station. 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 Distance From The Station is updated.)
Color:
Unit:   Touch:



Land value Distance From The Station transition. Market values in terms of Distance From The Station.

Land value Distance From The Station 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 Chiba Monorail Line 1 Land market value

We can calculate market values for Land 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 Chiba Monorail Line 1 Land that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

Past Land sales data, with similarly entered ages, area, and distances from station are as follows.

1. Chiba Chiba-Shi Chuo-Ku 星久喜町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 195 sq.m , Total floor area: sq.m
- Trading date: 2010-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   66,667 JPY/sq.m

2. Chiba Chiba-Shi Chuo-Ku 星久喜町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 210 sq.m , Total floor area: sq.m
- Trading date: 2010-03-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   57,143 JPY/sq.m

3. Chiba Chiba-Shi Chuo-Ku 都町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 185 sq.m , Total floor area: sq.m
- Trading date: 2014-06-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   86,486 JPY/sq.m

4. Chiba Chiba-Shi Chuo-Ku 都町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 190 sq.m , Total floor area: sq.m
- Trading date: 2014-06-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   63,158 JPY/sq.m

5. Chiba Chiba-Shi Chuo-Ku 末広 (Chiba-Shi Chiba 30.0 min walk)
, Area: 210 sq.m , Total floor area: sq.m
- Trading date: 2011-03-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   119,048 JPY/sq.m

6. Chiba Chiba-Shi Chuo-Ku 星久喜町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2011-12-01 00:00:00

Trading price:   9,800,000 JPY,    Unit price:   44,545 JPY/sq.m

7. Chiba Chiba-Shi Chuo-Ku 星久喜町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 185 sq.m , Total floor area: sq.m
- Trading date: 2011-06-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   54,054 JPY/sq.m

8. Chiba Chiba-Shi Chuo-Ku 都町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 190 sq.m , Total floor area: sq.m
- Trading date: 2011-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   78,947 JPY/sq.m

9. Chiba Chiba-Shi Chuo-Ku 都町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 200 sq.m , Total floor area: sq.m
- Trading date: 2011-03-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   100,000 JPY/sq.m

10. Chiba Chiba-Shi Chuo-Ku 矢作町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2011-03-01 00:00:00

Trading price:   24,000,000 JPY,    Unit price:   109,091 JPY/sq.m

11. Chiba Chiba-Shi Chuo-Ku 矢作町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 195 sq.m , Total floor area: sq.m
- Trading date: 2012-03-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   61,538 JPY/sq.m

12. Chiba Chiba-Shi Chuo-Ku 松ケ丘町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 195 sq.m , Total floor area: sq.m
- Trading date: 2009-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   76,923 JPY/sq.m

13. Chiba Chiba-Shi Chuo-Ku 千葉寺町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 190 sq.m , Total floor area: sq.m
- Trading date: 2006-06-01 00:00:00

Trading price:   35,000,000 JPY,    Unit price:   184,211 JPY/sq.m

14. Chiba Chiba-Shi Chuo-Ku 都町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 185 sq.m , Total floor area: sq.m
- Trading date: 2013-09-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   54,054 JPY/sq.m

15. Chiba Chiba-Shi Chuo-Ku 星久喜町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2006-09-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   40,909 JPY/sq.m

16. Chiba Chiba-Shi Chuo-Ku 矢作町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 195 sq.m , Total floor area: sq.m
- Trading date: 2006-12-01 00:00:00

Trading price:   30,000,000 JPY,    Unit price:   153,846 JPY/sq.m

17. Chiba Chiba-Shi Wakaba-Ku 貝塚町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 190 sq.m , Total floor area: sq.m
- Trading date: 2012-03-01 00:00:00

Trading price:   2,300,000 JPY,    Unit price:   12,105 JPY/sq.m

18. Chiba Chiba-Shi Wakaba-Ku 加曽利町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 180 sq.m , Total floor area: sq.m
- Trading date: 2012-09-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   77,778 JPY/sq.m

19. Chiba Chiba-Shi Wakaba-Ku 桜木 (Chiba-Shi Chiba 30.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2012-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   59,091 JPY/sq.m

20. Chiba Chiba-Shi Wakaba-Ku 高品町 (Chiba-Shi Chiba 30.0 min walk)
, Area: 190 sq.m , Total floor area: sq.m
- Trading date: 2012-06-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   26,316 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

Land market value trends

Market value trends for Land are as follows.

Data:
Unit:   Touch:



Land market value trends Market value trends for Land.

Land market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

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 1.6% of total transactions in 2019 and 9.1% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 34.1 min in 2019 and 43.8 min in 2020; +28.5%)
The table below shows Land dealt in Chiba Urban Monorail Chiba Monorail Line 1, 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 Chiba Monorail Line 1

The closest areas in terms of Land 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
Chiba Urban Monorail (2,302) [Stations]16,000,00084,091 JPY/sq.m yrs24 min190 sq.m
Chiba Monorail Line 1 Chiba (1,075) [Stations]16,000,00083,871 JPY/sq.m yrs30 min195 sq.m
Chiba Monorail Line 2 Chiba (1,075) [Stations]16,000,00083,871 JPY/sq.m yrs30 min195 sq.m
Chiba Urban Monorail Chiba Monorail Line 2 (2,259) [Stations]16,000,00083,046 JPY/sq.m yrs24 min187 sq.m