Mimomi Land average value

Price 93,342 JPY/sq.m
- Dist. from Sta. 13.9 min walk
- Property area 270 sq.m

The average price of Chiba Keisei Main Line Mimomi Land, in 2019 was 135,626 JPY/sq.m. The market value represents an increase of 51,724 JPY (+61.6%) 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

  • An increase in average distance from the station (representing 13.5 min in 2018 and 15.6 min in 2019; +15.6%)
Data regarding the market value and its changes of Land in Mimomi were calculated using data on the sales of 264 properties provided by the MLIT Japan.

Mimomi Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
三山8,500,000JPY100,000 JPY/sq.mMimomi14 min
三山6,500,000JPY65,000 JPY/sq.mMimomi15 min
三山4,000,000JPY28,571 JPY/sq.mMimomi15 min
東習志野9,700,000JPY88,181 JPY/sq.mMimomi15 min
東習志野19,000,000JPY100,000 JPY/sq.mMimomi15 min
長作町41,000,000JPY56,944 JPY/sq.mMimomi15 min
東習志野13,000,000JPY108,333 JPY/sq.mMimomi15 min
東習志野17,000,000JPY130,769 JPY/sq.mMimomi15 min
三山5,300,000JPY31,176 JPY/sq.mMimomi15 min
東習志野17,000,000JPY136,000 JPY/sq.mMimomi15 min
東習志野16,000,000JPY123,076 JPY/sq.mMimomi15 min
三山15,000,000JPY107,142 JPY/sq.mMimomi15 min
東習志野24,000,000JPY120,000 JPY/sq.mMimomi15 min
東習志野18,000,000JPY156,521 JPY/sq.mMimomi15 min
長作町12,000,000JPY28,571 JPY/sq.mMimomi15 min
東習志野14,000,000JPY100,000 JPY/sq.mMimomi15 min
東習志野21,000,000JPY168,000 JPY/sq.mMimomi15 min
東習志野14,000,000JPY112,000 JPY/sq.mMimomi16 min
長作町9,000,000JPY18,000 JPY/sq.mMimomi16 min
東習志野19,000,000JPY118,750 JPY/sq.mMimomi16 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 Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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 Mimomi 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 Mimomi 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 三山 (Funabashi-Shi Mimomi 15.0 min walk)
, Area: 140 sq.m , Total floor area: sq.m
- Trading date: 2009-03-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   28,571 JPY/sq.m

2. Chiba Narashino-Shi 東習志野 (Narashino-Shi Mimomi 15.0 min walk)
, Area: 130 sq.m , Total floor area: sq.m
- Trading date: 2013-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   130,769 JPY/sq.m

3. Chiba Narashino-Shi 東習志野 (Narashino-Shi Mimomi 15.0 min walk)
, Area: 130 sq.m , Total floor area: sq.m
- Trading date: 2014-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   123,076 JPY/sq.m

4. Chiba Funabashi-Shi 三山 (Funabashi-Shi Mimomi 15.0 min walk)
, Area: 140 sq.m , Total floor area: sq.m
- Trading date: 2018-09-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   107,142 JPY/sq.m

5. Chiba Narashino-Shi 東習志野 (Narashino-Shi Mimomi 15.0 min walk)
, Area: 140 sq.m , Total floor area: sq.m
- Trading date: 2019-03-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   100,000 JPY/sq.m

6. Chiba Narashino-Shi 東習志野 (Narashino-Shi Mimomi 16.0 min walk)
, Area: 160 sq.m , Total floor area: sq.m
- Trading date: 2010-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   118,750 JPY/sq.m

7. Chiba Narashino-Shi 東習志野 (Narashino-Shi Mimomi 16.0 min walk)
, Area: 140 sq.m , Total floor area: sq.m
- Trading date: 2016-09-01 00:00:00

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

8. Chiba Funabashi-Shi 三山 (Funabashi-Shi Mimomi 14.0 min walk)
, Area: 140 sq.m , Total floor area: sq.m
- Trading date: 2018-06-01 00:00:00

Trading price:   3,500,000 JPY,    Unit price:   25,000 JPY/sq.m

9. Chiba Narashino-Shi 東習志野 (Narashino-Shi Mimomi 16.0 min walk)
, Area: 145 sq.m , Total floor area: sq.m
- Trading date: 2018-06-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   131,034 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.

Causes of price decreases

  • An increase in average distance from the station (representing 13.5 min in 2018 and 15.6 min in 2019; +15.6%)
The table below shows Land dealt in Chiba Keisei Main Line Mimomi, 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 Mimomi

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 Yu-Karigaoka (272) [Stations]20,000,00091,666 JPY/sq.m yrs14 min230 sq.m
Keisei Main Line Yachiyodai (375) [Stations]15,000,00095,238 JPY/sq.m yrs17 min165 sq.m
Keisei Keisei Main Line (3,107) [Stations]15,000,00076,330 JPY/sq.m yrs15 min175 sq.m