Oguradai Land average value

Price 68,222 JPY/sq.m
- Dist. from Sta. 7.2 min walk
- Property area 366 sq.m

The average price of Chiba Urban Monorail Chiba Monorail Line 2 Oguradai Land, in 2019 was 22,222 JPY/sq.m. The market value represents a decrease of 44,444 JPY (-66.7%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving locations less than ten minutes by foot from the station.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.0 min in 2018 and 9.0 min in 2019; +28.6%)
Data regarding the market value and its changes of Land in Oguradai were calculated using data on the sales of 80 properties provided by the MLIT Japan.

Oguradai Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
小倉町84,000,000JPY76,363 JPY/sq.mOguradai8 min
小倉町11,000,000JPY62,857 JPY/sq.mOguradai8 min
小倉町12,000,000JPY70,588 JPY/sq.mOguradai8 min
小倉町12,000,000JPY70,588 JPY/sq.mOguradai8 min
小倉町13,000,000JPY78,787 JPY/sq.mOguradai8 min
小倉町15,000,000JPY90,909 JPY/sq.mOguradai8 min
小倉町43,000,000JPY35,833 JPY/sq.mOguradai8 min
小倉町3,100,000JPY36,470 JPY/sq.mOguradai8 min
小倉町11,000,000JPY66,666 JPY/sq.mOguradai8 min
小倉町60,000,000JPY54,545 JPY/sq.mOguradai8 min
小倉町130,000,000JPY- JPY/sq.mOguradai8 min
小倉町14,000,000JPY103,703 JPY/sq.mOguradai8 min
小倉町10,000,000JPY28,571 JPY/sq.mOguradai8 min
小倉町9,700,000JPY37,307 JPY/sq.mOguradai8 min
小倉台18,000,000JPY69,230 JPY/sq.mOguradai8 min
小倉町9,300,000JPY56,363 JPY/sq.mOguradai8 min
小倉町12,000,000JPY72,727 JPY/sq.mOguradai8 min
小倉台17,000,000JPY100,000 JPY/sq.mOguradai8 min
小倉町6,800,000JPY36,756 JPY/sq.mOguradai8 min
小倉町6,300,000JPY40,645 JPY/sq.mOguradai8 min

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

1. Chiba Chiba-Shi Wakaba-Ku 小倉町 (Chiba-Shi Oguradai 8.0 min walk)
, Area: 175 sq.m , Total floor area: sq.m
- Trading date: 2010-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   62,857 JPY/sq.m

2. Chiba Chiba-Shi Wakaba-Ku 小倉町 (Chiba-Shi Oguradai 8.0 min walk)
, Area: 185 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   6,800,000 JPY,    Unit price:   36,756 JPY/sq.m

3. Chiba Chiba-Shi Wakaba-Ku 小倉町 (Chiba-Shi Oguradai 7.0 min walk)
, Area: 185 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   3,300,000 JPY,    Unit price:   17,837 JPY/sq.m

4. Chiba Chiba-Shi Wakaba-Ku 小倉台 (Chiba-Shi Oguradai 7.0 min walk)
, Area: 210 sq.m , Total floor area: sq.m
- Trading date: 2011-06-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   80,952 JPY/sq.m

5. Chiba Chiba-Shi Wakaba-Ku 若松町 (Chiba-Shi Oguradai 9.0 min walk)
, Area: 195 sq.m , Total floor area: sq.m
- Trading date: 2006-06-01 00:00:00

Trading price:   9,200,000 JPY,    Unit price:   47,179 JPY/sq.m

6. Chiba Chiba-Shi Wakaba-Ku 小倉台 (Chiba-Shi Oguradai 9.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2006-12-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   95,454 JPY/sq.m

7. Chiba Chiba-Shi Wakaba-Ku 小倉台 (Chiba-Shi Oguradai 9.0 min walk)
, Area: 210 sq.m , Total floor area: sq.m
- Trading date: 2006-12-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   95,238 JPY/sq.m

8. Chiba Chiba-Shi Wakaba-Ku 小倉町 (Chiba-Shi Oguradai 9.0 min walk)
, Area: 200 sq.m , Total floor area: sq.m
- Trading date: 2007-06-01 00:00:00

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

9. Chiba Chiba-Shi Wakaba-Ku 小倉台 (Chiba-Shi Oguradai 9.0 min walk)
, Area: 200 sq.m , Total floor area: sq.m
- Trading date: 2015-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   65,000 JPY/sq.m

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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 slight decrease in transactions involving locations less than ten minutes by foot from the station.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.0 min in 2018 and 9.0 min in 2019; +28.6%)
The table below shows Land dealt in Chiba Urban Monorail Chiba Monorail Line 2 Oguradai, 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 Oguradai

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]12,500,00068,235 JPY/sq.m yrs7 min190 sq.m
Chiba Monorail Line 2 Chishirodaikita (40) [Stations]15,500,00066,666 JPY/sq.m yrs6 min220 sq.m
Chiba Monorail Line 2 Chishirodai (43) [Stations]18,000,00077,350 JPY/sq.m yrs8 min230 sq.m
Chiba Monorail Line 2 Sakuragi (45) [Stations]15,000,00080,000 JPY/sq.m yrs8 min165 sq.m