Funabashikeibajou Land average value

Price 199,675 JPY/sq.m
- Dist. from Sta. 6.2 min walk
- Property area 189 sq.m

The average price of Chiba Keisei Main Line Funabashikeibajou Land, in 2019 was 230,894 JPY/sq.m. The market value represents a decrease of 38,323 JPY (-14.2%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten 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 5.0 min in 2019; -16.7%)
Data regarding the market value and its changes of Land in Funabashikeibajou were calculated using data on the sales of 42 properties provided by the MLIT Japan.

Funabashikeibajou Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
宮本100,000,000JPY243,902 JPY/sq.mFunabashikeibajou6 min
浜町30,000,000JPY240,000 JPY/sq.mFunabashikeibajou6 min
宮本46,000,000JPY278,787 JPY/sq.mFunabashikeibajou6 min
宮本29,000,000JPY148,717 JPY/sq.mFunabashikeibajou6 min
宮本30,000,000JPY171,428 JPY/sq.mFunabashikeibajou6 min
宮本28,000,000JPY133,333 JPY/sq.mFunabashikeibajou6 min
宮本26,000,000JPY216,666 JPY/sq.mFunabashikeibajou6 min
宮本31,000,000JPY248,000 JPY/sq.mFunabashikeibajou6 min
宮本29,000,000JPY232,000 JPY/sq.mFunabashikeibajou6 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 Funabashikeibajou 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 Funabashikeibajou 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 Funabashi-Shi 浜町 (Funabashi-Shi Funabashikeibajou 6.0 min walk)
, Area: 125 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   30,000,000 JPY,    Unit price:   240,000 JPY/sq.m

2. Chiba Funabashi-Shi 宮本 (Funabashi-Shi Funabashikeibajou 6.0 min walk)
, Area: 120 sq.m , Total floor area: sq.m
- Trading date: 2016-12-01 00:00:00

Trading price:   26,000,000 JPY,    Unit price:   216,666 JPY/sq.m

3. Chiba Funabashi-Shi 宮本 (Funabashi-Shi Funabashikeibajou 6.0 min walk)
, Area: 125 sq.m , Total floor area: sq.m
- Trading date: 2015-12-01 00:00:00

Trading price:   31,000,000 JPY,    Unit price:   248,000 JPY/sq.m

4. Chiba Funabashi-Shi 宮本 (Funabashi-Shi Funabashikeibajou 6.0 min walk)
, Area: 125 sq.m , Total floor area: sq.m
- Trading date: 2015-12-01 00:00:00

Trading price:   29,000,000 JPY,    Unit price:   232,000 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 less than ten 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 5.0 min in 2019; -16.7%)
The table below shows Land dealt in Chiba Keisei Main Line Funabashikeibajou, 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 Funabashikeibajou

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
Keisei Main Line Yatsu (79) [Stations]33,000,000202,174 JPY/sq.m yrs6 min180 sq.m
Keisei Main Line Daijinnguushita (24) [Stations]24,000,000192,410 JPY/sq.m yrs4 min127 sq.m
Keisei Main Line Keiseinishifuna (8) [Stations]31,500,000213,097 JPY/sq.m yrs5 min167 sq.m
Keisei Main Line Higashinakayama (24) [Stations]27,500,000185,000 JPY/sq.m yrs6 min115 sq.m
Keisei Main Line Keiseinakayama (7) [Stations]28,000,000182,608 JPY/sq.m yrs4 min135 sq.m