Chishirodaikita Land average value

Price 70,033 JPY/sq.m
- Dist. from Sta. 6.3 min walk
- Property area 298 sq.m

The average price of Chiba Urban Monorail Chiba Monorail Line 2 Chishirodaikita Land, in 2019 was 69,816 JPY/sq.m. The market value represents an increase of 4,303 JPY (+6.6%) compared to 1 year ago and a transition to a strong 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

  • An decrease in average distance from the station (representing 6.0 min in 2018 and 5.2 min in 2019; -12.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 33.3% of total transactions in 2018 and 75.0% of total transactions in 2019)
Data regarding the market value and its changes of Land in Chishirodaikita were calculated using data on the sales of 53 properties provided by the MLIT Japan.

Chishirodaikita Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
小倉台10,000,000JPY60,606 JPY/sq.mChishirodaikita6 min
小倉町21,000,000JPY61,765 JPY/sq.mChishirodaikita6 min
小倉町17,000,000JPY32,692 JPY/sq.mChishirodaikita6 min
小倉町15,000,000JPY90,909 JPY/sq.mChishirodaikita6 min
小倉町15,000,000JPY90,909 JPY/sq.mChishirodaikita6 min
千城台北9,700,000JPY60,625 JPY/sq.mChishirodaikita6 min
小倉台20,000,000JPY83,333 JPY/sq.mChishirodaikita6 min
小倉町15,000,000JPY75,000 JPY/sq.mChishirodaikita6 min
小倉町12,000,000JPY72,727 JPY/sq.mChishirodaikita6 min
小倉町14,000,000JPY84,848 JPY/sq.mChishirodaikita6 min
小倉町13,000,000JPY78,788 JPY/sq.mChishirodaikita6 min
小倉町15,000,000JPY90,909 JPY/sq.mChishirodaikita6 min
小倉町13,000,000JPY78,788 JPY/sq.mChishirodaikita6 min
小倉町14,000,000JPY84,848 JPY/sq.mChishirodaikita6 min
千城台西22,000,000JPY41,509 JPY/sq.mChishirodaikita6 min

Chishirodaikita 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 Chishirodaikita 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 Chishirodaikita 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 小倉台 (Chiba-Shi Chishirodaikita 6.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2009-12-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   83,333 JPY/sq.m

2. Chiba Chiba-Shi Wakaba-Ku 小倉町 (Chiba-Shi Chishirodaikita 6.0 min walk)
, Area: 200 sq.m , Total floor area: sq.m
- Trading date: 2009-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   75,000 JPY/sq.m

3. Chiba Chiba-Shi Wakaba-Ku 小倉台 (Chiba-Shi Chishirodaikita 5.0 min walk)
, Area: 200 sq.m , Total floor area: sq.m
- Trading date: 2010-09-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   35,000 JPY/sq.m

4. Chiba Chiba-Shi Wakaba-Ku 小倉台 (Chiba-Shi Chishirodaikita 5.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2014-12-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   75,000 JPY/sq.m

5. Chiba Chiba-Shi Wakaba-Ku 小倉町 (Chiba-Shi Chishirodaikita 5.0 min walk)
, Area: 175 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   114,286 JPY/sq.m

6. Chiba Chiba-Shi Wakaba-Ku 千城台西 (Chiba-Shi Chishirodaikita 5.0 min walk)
, Area: 210 sq.m , Total floor area: sq.m
- Trading date: 2013-06-01 00:00:00

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

7. Chiba Chiba-Shi Wakaba-Ku 小倉台 (Chiba-Shi Chishirodaikita 5.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2017-09-01 00:00:00

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

8. Chiba Chiba-Shi Wakaba-Ku 千城台北 (Chiba-Shi Chishirodaikita 5.0 min walk)
, Area: 170 sq.m , Total floor area: sq.m
- Trading date: 2019-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   64,706 JPY/sq.m

9. Chiba Chiba-Shi Wakaba-Ku 千城台西 (Chiba-Shi Chishirodaikita 5.0 min walk)
, Area: 180 sq.m , Total floor area: sq.m
- Trading date: 2015-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   72,222 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 locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 6.0 min in 2018 and 5.2 min in 2019; -12.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 33.3% of total transactions in 2018 and 75.0% of total transactions in 2019)
The table below shows Land dealt in Chiba Urban Monorail Chiba Monorail Line 2 Chishirodaikita, 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 Chishirodaikita

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 Doubutsukouenn (4) [Stations]12,500,00068,236 JPY/sq.m yrs7 min190 sq.m
Chiba Monorail Line 2 Oguradai (108) [Stations]16,000,00072,000 JPY/sq.m yrs7 min230 sq.m
Chiba Monorail Line 2 Chishirodai (46) [Stations]17,500,00076,923 JPY/sq.m yrs7 min230 sq.m