Yachiyodai Land average value

Price 99,358 JPY/sq.m
- Dist. from Sta. 15.5 min walk
- Property area 257 sq.m

The average price of Chiba Keisei Main Line Yachiyodai Land, in 2019 was 112,042 JPY/sq.m. The market value represents an increase of 12,356 JPY (+12.4%) compared to 1 year ago and a transition to a bull market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 14.9 min in 2018 and 12.4 min in 2019; -16.7%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.7% of total transactions in 2018 and 16.7% of total transactions in 2019)
Data regarding the market value and its changes of Land in Yachiyodai were calculated using data on the sales of 450 properties provided by the MLIT Japan.

Yachiyodai Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
作新台25,000,000JPY67,568 JPY/sq.mYachiyodai15 min
作新台15,000,000JPY65,217 JPY/sq.mYachiyodai15 min
作新台65,000,000JPY110,169 JPY/sq.mYachiyodai15 min
作新台22,000,000JPY146,667 JPY/sq.mYachiyodai15 min
作新台6,000,000JPY92,308 JPY/sq.mYachiyodai15 min
作新台16,000,000JPY100,000 JPY/sq.mYachiyodai15 min
作新台17,000,000JPY117,241 JPY/sq.mYachiyodai15 min
作新台17,000,000JPY103,030 JPY/sq.mYachiyodai15 min
作新台22,000,000JPY133,333 JPY/sq.mYachiyodai15 min
東習志野8,600,000JPY95,556 JPY/sq.mYachiyodai15 min
高津東19,000,000JPY97,436 JPY/sq.mYachiyodai15 min
八千代台北13,000,000JPY113,043 JPY/sq.mYachiyodai15 min
八千代台北16,000,000JPY106,667 JPY/sq.mYachiyodai15 min
八千代台北3,800,000JPY38,000 JPY/sq.mYachiyodai15 min
八千代台西19,000,000JPY118,750 JPY/sq.mYachiyodai15 min
八千代台南17,000,000JPY136,000 JPY/sq.mYachiyodai15 min
八千代台東14,000,000JPY77,778 JPY/sq.mYachiyodai15 min
八千代台東15,000,000JPY83,333 JPY/sq.mYachiyodai15 min
東習志野9,600,000JPY73,846 JPY/sq.mYachiyodai15 min
八千代台北160,000,000JPY- JPY/sq.mYachiyodai15 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
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Yachiyodai 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 Yachiyodai 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 Chiba-Shi Hanamigawa-Ku 作新台 (Chiba-Shi Yachiyodai 15.0 min walk)
, Area: 150 sq.m , Total floor area: sq.m
- Trading date: 2018-06-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   146,667 JPY/sq.m

2. Chiba Chiba-Shi Hanamigawa-Ku 作新台 (Chiba-Shi Yachiyodai 15.0 min walk)
, Area: 160 sq.m , Total floor area: sq.m
- Trading date: 2012-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   100,000 JPY/sq.m

3. Chiba Chiba-Shi Hanamigawa-Ku 作新台 (Chiba-Shi Yachiyodai 15.0 min walk)
, Area: 165 sq.m , Total floor area: sq.m
- Trading date: 2013-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   103,030 JPY/sq.m

4. Chiba Chiba-Shi Hanamigawa-Ku 作新台 (Chiba-Shi Yachiyodai 15.0 min walk)
, Area: 165 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   133,333 JPY/sq.m

5. Chiba Yachiyo-Shi 八千代台北 (Yachiyo-Shi Yachiyodai 15.0 min walk)
, Area: 150 sq.m , Total floor area: sq.m
- Trading date: 2018-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   106,667 JPY/sq.m

6. Chiba Yachiyo-Shi 八千代台西 (Yachiyo-Shi Yachiyodai 15.0 min walk)
, Area: 160 sq.m , Total floor area: sq.m
- Trading date: 2015-09-01 00:00:00

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

7. Chiba Yachiyo-Shi 八千代台東 (Yachiyo-Shi Yachiyodai 15.0 min walk)
, Area: 180 sq.m , Total floor area: sq.m
- Trading date: 2010-09-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   77,778 JPY/sq.m

8. Chiba Yachiyo-Shi 八千代台東 (Yachiyo-Shi Yachiyodai 15.0 min walk)
, Area: 180 sq.m , Total floor area: sq.m
- Trading date: 2011-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   83,333 JPY/sq.m

9. Chiba Yachiyo-Shi 八千代台西 (Yachiyo-Shi Yachiyodai 15.0 min walk)
, Area: 155 sq.m , Total floor area: sq.m
- Trading date: 2012-09-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   116,129 JPY/sq.m

10. Chiba Yachiyo-Shi 八千代台西 (Yachiyo-Shi Yachiyodai 15.0 min walk)
, Area: 155 sq.m , Total floor area: sq.m
- Trading date: 2012-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   116,129 JPY/sq.m

11. Chiba Yachiyo-Shi 八千代台西 (Yachiyo-Shi Yachiyodai 15.0 min walk)
, Area: 155 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   32,258 JPY/sq.m

12. Chiba Yachiyo-Shi 八千代台西 (Yachiyo-Shi Yachiyodai 15.0 min walk)
, Area: 155 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   32,258 JPY/sq.m

13. Chiba Yachiyo-Shi 八千代台東 (Yachiyo-Shi Yachiyodai 15.0 min walk)
, Area: 155 sq.m , Total floor area: sq.m
- Trading date: 2007-09-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   109,677 JPY/sq.m

14. Chiba Chiba-Shi Hanamigawa-Ku 柏井町 (Chiba-Shi Yachiyodai 14.0 min walk)
, Area: 165 sq.m , Total floor area: sq.m
- Trading date: 2015-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   90,909 JPY/sq.m

15. Chiba Chiba-Shi Hanamigawa-Ku 柏井 (Chiba-Shi Yachiyodai 16.0 min walk)
, Area: 165 sq.m , Total floor area: sq.m
- Trading date: 2012-06-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   121,212 JPY/sq.m

16. Chiba Chiba-Shi Hanamigawa-Ku 柏井 (Chiba-Shi Yachiyodai 16.0 min walk)
, Area: 155 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   83,871 JPY/sq.m

17. Chiba Chiba-Shi Hanamigawa-Ku 作新台 (Chiba-Shi Yachiyodai 16.0 min walk)
, Area: 160 sq.m , Total floor area: sq.m
- Trading date: 2009-12-01 00:00:00

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

18. Chiba Chiba-Shi Hanamigawa-Ku 作新台 (Chiba-Shi Yachiyodai 16.0 min walk)
, Area: 155 sq.m , Total floor area: sq.m
- Trading date: 2009-12-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   135,484 JPY/sq.m

19. Chiba Yachiyo-Shi 八千代台西 (Yachiyo-Shi Yachiyodai 16.0 min walk)
, Area: 160 sq.m , Total floor area: sq.m
- Trading date: 2014-03-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   106,250 JPY/sq.m

20. Chiba Yachiyo-Shi 八千代台西 (Yachiyo-Shi Yachiyodai 16.0 min walk)
, Area: 165 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   72,727 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 near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 14.9 min in 2018 and 12.4 min in 2019; -16.7%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.7% of total transactions in 2018 and 16.7% of total transactions in 2019)
The table below shows Land dealt in Chiba Keisei Main Line Yachiyodai, 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 Yachiyodai

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 Keiseiyawata (2) [Stations]11,765,000100,449 JPY/sq.m yrs21 min352 sq.m
Keisei Main Line Yu-Karigaoka (304) [Stations]20,000,000102,634 JPY/sq.m yrs14 min195 sq.m
Keisei Keisei Main Line (3,861) [Stations]15,000,00078,868 JPY/sq.m yrs15 min175 sq.m
Keisei Main Line Mimomi (315) [Stations]16,000,00075,000 JPY/sq.m yrs15 min155 sq.m