Chishirodai Land average value

Price 78,069 JPY/sq.m
- Dist. from Sta. 8.0 min walk
- Property area 313 sq.m

The average price of Chiba Urban Monorail Chiba Monorail Line 2 Chishirodai Land, in 2018 was 64,616 JPY/sq.m. The market value represents a decrease of 24,032 JPY (-27.1%) 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 very large size more than 200 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.7 min in 2017 and 8.5 min in 2018; +82.1%)
Data regarding the market value and its changes of Land in Chishirodai were calculated using data on the sales of 46 properties provided by the MLIT Japan.

Chishirodai Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
千城台南15,000,000JPY71,429 JPY/sq.mChishirodai7 min
千城台南28,000,000JPY77,778 JPY/sq.mChishirodai7 min
千城台西15,000,000JPY62,500 JPY/sq.mChishirodai7 min
千城台東15,000,000JPY62,500 JPY/sq.mChishirodai7 min
千城台北10,000,000JPY47,619 JPY/sq.mChishirodai7 min
千城台西31,000,000JPY100,000 JPY/sq.mChishirodai7 min
千城台東20,000,000JPY114,286 JPY/sq.mChishirodai7 min

Chishirodai 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:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
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 Chishirodai 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 Chishirodai 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 Wakaba-Ku 千城台南 (Chiba-Shi Chishirodai 7.0 min walk)
, Area: 210 sq.m , Total floor area: sq.m
- Trading date: 2014-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   71,429 JPY/sq.m

2. Chiba Chiba-Shi Wakaba-Ku 千城台西 (Chiba-Shi Chishirodai 7.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2012-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   62,500 JPY/sq.m

3. Chiba Chiba-Shi Wakaba-Ku 千城台東 (Chiba-Shi Chishirodai 7.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2012-03-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   62,500 JPY/sq.m

4. Chiba Chiba-Shi Wakaba-Ku 千城台北 (Chiba-Shi Chishirodai 7.0 min walk)
, Area: 210 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   47,619 JPY/sq.m

{{$index+1}}. {{item.place}} ({{item.stations[0]}} {{item.station_distance}} min walk)
{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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 very large size more than 200 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.7 min in 2017 and 8.5 min in 2018; +82.1%)
The table below shows Land dealt in Chiba Urban Monorail Chiba Monorail Line 2 Chishirodai, 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 Chishirodai

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 Monorail Line 2 Oguradai (108) [Stations]16,000,00072,000 JPY/sq.m yrs7 min230 sq.m
Chiba Monorail Line 2 Doubutsukouenn (4) [Stations]12,500,00068,236 JPY/sq.m yrs7 min190 sq.m
Chiba Monorail Line 2 Chishirodaikita (53) [Stations]15,000,00067,544 JPY/sq.m yrs6 min210 sq.m