Keiseiookubo Land average value

Price 130,109 JPY/sq.m
- Dist. from Sta. 12.9 min walk
- Property area 218 sq.m

The average price of Chiba Keisei Main Line Keiseiookubo Land, in 2019 was 135,427 JPY/sq.m. The market value represents a decrease of 11,382 JPY (-7.8%) compared to 1 year ago and a transition to a bear market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

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 3.6% of total transactions in 2018 and 14.3% of total transactions in 2019)

Causes of price decreases

  • An increase in average distance from the station (representing 11.7 min in 2018 and 13.0 min in 2019; +11.0%)
Data regarding the market value and its changes of Land in Keiseiookubo were calculated using data on the sales of 280 properties provided by the MLIT Japan.

Keiseiookubo Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
藤崎29,000,000JPY120,833 JPY/sq.mKeiseiookubo11 min
藤崎10,000,000JPY142,857 JPY/sq.mKeiseiookubo11 min
大久保17,000,000JPY170,000 JPY/sq.mKeiseiookubo11 min
本大久保17,000,000JPY106,250 JPY/sq.mKeiseiookubo11 min
鷺沼台27,000,000JPY135,000 JPY/sq.mKeiseiookubo11 min
藤崎17,000,000JPY121,428 JPY/sq.mKeiseiookubo11 min
花咲17,000,000JPY141,666 JPY/sq.mKeiseiookubo11 min
花咲25,000,000JPY166,666 JPY/sq.mKeiseiookubo12 min
屋敷19,000,000JPY126,666 JPY/sq.mKeiseiookubo12 min
本大久保16,000,000JPY168,421 JPY/sq.mKeiseiookubo12 min
藤崎25,000,000JPY108,695 JPY/sq.mKeiseiookubo12 min
本大久保32,000,000JPY133,333 JPY/sq.mKeiseiookubo12 min
花咲34,000,000JPY141,666 JPY/sq.mKeiseiookubo12 min
藤崎15,000,000JPY90,909 JPY/sq.mKeiseiookubo12 min
鷺沼290,000,000JPY- JPY/sq.mKeiseiookubo12 min
本大久保20,000,000JPY137,931 JPY/sq.mKeiseiookubo13 min
花咲21,000,000JPY161,538 JPY/sq.mKeiseiookubo13 min
鷺沼台8,800,000JPY70,400 JPY/sq.mKeiseiookubo13 min
花咲31,000,000JPY134,782 JPY/sq.mKeiseiookubo13 min
本大久保22,000,000JPY146,666 JPY/sq.mKeiseiookubo13 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 Keiseiookubo 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 Keiseiookubo 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 Narashino-Shi 花咲 (Narashino-Shi Keiseiookubo 12.0 min walk)
, Area: 150 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   166,666 JPY/sq.m

2. Chiba Narashino-Shi 屋敷 (Narashino-Shi Keiseiookubo 12.0 min walk)
, Area: 150 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   126,666 JPY/sq.m

3. Chiba Narashino-Shi 本大久保 (Narashino-Shi Keiseiookubo 13.0 min walk)
, Area: 145 sq.m , Total floor area: sq.m
- Trading date: 2010-09-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   137,931 JPY/sq.m

4. Chiba Narashino-Shi 花咲 (Narashino-Shi Keiseiookubo 13.0 min walk)
, Area: 130 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   161,538 JPY/sq.m

5. Chiba Narashino-Shi 本大久保 (Narashino-Shi Keiseiookubo 13.0 min walk)
, Area: 150 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   146,666 JPY/sq.m

6. Chiba Narashino-Shi 藤崎 (Narashino-Shi Keiseiookubo 11.0 min walk)
, Area: 140 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   121,428 JPY/sq.m

7. Chiba Narashino-Shi 藤崎 (Narashino-Shi Keiseiookubo 13.0 min walk)
, Area: 130 sq.m , Total floor area: sq.m
- Trading date: 2012-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   138,461 JPY/sq.m

8. Chiba Narashino-Shi 屋敷 (Narashino-Shi Keiseiookubo 13.0 min walk)
, Area: 135 sq.m , Total floor area: sq.m
- Trading date: 2015-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   81,481 JPY/sq.m

9. Chiba Narashino-Shi 花咲 (Narashino-Shi Keiseiookubo 11.0 min walk)
, Area: 140 sq.m , Total floor area: sq.m
- Trading date: 2018-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   135,714 JPY/sq.m

10. Chiba Narashino-Shi 本大久保 (Narashino-Shi Keiseiookubo 13.0 min walk)
, Area: 135 sq.m , Total floor area: sq.m
- Trading date: 2018-09-01 00:00:00

Trading price:   23,000,000 JPY,    Unit price:   170,370 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 very large size more than 200 sq.m.

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 3.6% of total transactions in 2018 and 14.3% of total transactions in 2019)

Causes of price decreases

  • An increase in average distance from the station (representing 11.7 min in 2018 and 13.0 min in 2019; +11.0%)
The table below shows Land dealt in Chiba Keisei Main Line Keiseiookubo, 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 Keiseiookubo

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 Yachiyodai (375) [Stations]15,000,00095,238 JPY/sq.m yrs17 min165 sq.m
Keisei Main Line Yu-Karigaoka (272) [Stations]20,000,00091,666 JPY/sq.m yrs14 min230 sq.m
Keisei Main Line Mimomi (264) [Stations]16,500,00090,909 JPY/sq.m yrs15 min145 sq.m
Keisei Main Line Ichikawamama (2) [Stations]24,500,000173,696 JPY/sq.m yrs17 min145 sq.m