Sougosanndou Land average value

Price 42,791 JPY/sq.m
- Dist. from Sta. 16.6 min walk
- Property area 427 sq.m

The average price of Chiba Keisei Main Line Sougosanndou Land, in 2019 was 34,629 JPY/sq.m. The market value represents a decrease of 11,446 JPY (-24.8%) 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 locations relatively far from the station less than twenty minutes by foot from the station.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.1 min in 2018 and 15.7 min in 2019; +29.0%)
Data regarding the market value and its changes of Land in Sougosanndou were calculated using data on the sales of 69 properties provided by the MLIT Japan.

Sougosanndou Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
宗吾2,200,000JPY44,000 JPY/sq.mSougosanndou14 min
宗吾9,800,000JPY56,000 JPY/sq.mSougosanndou14 min
宗吾12,000,000JPY38,710 JPY/sq.mSougosanndou14 min
宗吾4,900,000JPY7,000 JPY/sq.mSougosanndou14 min
宗吾13,000,000JPY46,429 JPY/sq.mSougosanndou14 min
宗吾12,000,000JPY13,333 JPY/sq.mSougosanndou14 min
大袋12,000,000JPY36,364 JPY/sq.mSougosanndou15 min
大袋1,600,000JPY13,333 JPY/sq.mSougosanndou15 min
宗吾18,000,000JPY36,000 JPY/sq.mSougosanndou15 min
宗吾13,000,000JPY56,522 JPY/sq.mSougosanndou15 min
篠山新田17,000,000JPY9,444 JPY/sq.mSougosanndou15 min
伊篠1,700,000JPY3,036 JPY/sq.mSougosanndou15 min
下岩橋700,000JPY1,061 JPY/sq.mSougosanndou15 min
宗吾11,000,000JPY33,333 JPY/sq.mSougosanndou16 min
宗吾11,000,000JPY61,111 JPY/sq.mSougosanndou16 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 Sougosanndou 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 Sougosanndou 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 Narita-Shi 宗吾 (Narita-Shi Sougosanndou 15.0 min walk)
, Area: 230 sq.m , Total floor area: sq.m
- Trading date: 2014-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   56,522 JPY/sq.m

2. Chiba Narita-Shi 宗吾 (Narita-Shi Sougosanndou 14.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2012-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   46,429 JPY/sq.m

3. Chiba Narita-Shi 公津の杜 (Narita-Shi Sougosanndou 13.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2010-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   86,364 JPY/sq.m

4. Chiba Narita-Shi 下方 (Narita-Shi Sougosanndou 18.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2010-12-01 00:00:00

Trading price:   1,300,000 JPY,    Unit price:   5,909 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 relatively far from the station less than twenty minutes by foot from the station.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.1 min in 2018 and 15.7 min in 2019; +29.0%)
The table below shows Land dealt in Chiba Keisei Main Line Sougosanndou, 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 Sougosanndou

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 Keiseiusui (271) [Stations]14,000,00049,763 JPY/sq.m yrs14 min230 sq.m
Keisei Main Line Keiseinarita (110) [Stations]12,000,00049,848 JPY/sq.m yrs23 min240 sq.m
Keisei Main Line Keiseisakura (189) [Stations]6,800,00025,804 JPY/sq.m yrs18 min250 sq.m
Keisei Main Line Katsutadai (435) [Stations]12,000,00060,606 JPY/sq.m yrs21 min210 sq.m