積算100
[Assessed 88.8%] Detached house in Arakawa, Tokyo — 8 min from Nippori Sta.
Assessed 88.8%Detached houseArakawa, TokyoNippori Sta. 8 min walk

[Assessed 88.8%] Detached house in Arakawa, Tokyo — 8 min from Nippori Sta.

Published: Updated:

Property Overview

LocationArakawa, Tokyo
Nearest StationJR Yamanote Line Nippori Sta.
Walk8 min walk
Assessed Ratio88.8%Assessed 88.8%
Price¥23,000,000
TypeDetached house
StructureWooden
BuiltBuilt Sep 1959 (67 years old)
Land Area37.14㎡
Building Area29.46㎡

Where This Property Is Listed

This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.

Kenbiya¥23,000,000View listing

Assessed Value Breakdown

Land assessed value¥20,427,000
Building assessed value¥0
Total assessed value¥20,427,000
Asking price¥23,000,000
Assessed ratio88.8%

Calculation basis

  • Land = road price ¥550,000/m² × land area 37.14m²
  • Building = replacement cost ¥220,000/m² × floor area 29.46m² × remaining life 0y ÷ statutory life 22y
  • Built Sep 1959 (67 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +22.2%
YearRoad price (JPY/m²)YoY
2024450,000—
2025490,000+8.9%
2026550,000+12.2%

※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.

How We Checked This Property

Rather than reproducing the listing as-is, we openly disclose that the 80% break-even falls inside the price band, and narrowed the candidate blocks by distance from the station.

Locating the road price

The road price needed to reach 80% — ¥495,000/m² — falls squarely between the map's ¥490,000 and ¥500,000/m², making the conclusion sensitive to the band. Reading all ~57 segments of Higashi-Nippori 6-chome, we adopted ¥550,000/m², both mode and median. Only three segments read ¥490,000/m²; over 90% are at ¥500,000/m² or more.

View source
On-site check from photos

The listing carries just three images — one exterior, a floor plan and a station photo — with no plot drawing or road shot. The exterior shows the plot level with the road, with no retaining wall, step or stepped approach in frame. This is lowland on the Sumida's left bank, terrain that does not produce metre-scale steps.

Effective land area

No private-road burden is stated, so the full 37.14 m² is used. The 66-year-old building is assessed at zero.

What We Could Not Confirm

  • The frontage field says only "no designation", with width and contact length unknown. On a tiny 37.14 m² plot, failing the frontage requirement or incurring a setback would weigh heavily — rebuildability needs checking on site and with the ward.
  • If the plot fronts one of the ¥490,000/m² segments at the band's floor, the ratio dips to 79.1%, just under 80%. We recommend checking the applicable road price once the parcel is known.
  • An owner-change sale with a sitting tenant, sold as-is — the interior condition cannot be verified.

※ Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.

Neighborhood ① Shopping Near the Station

FamilyMart
6 min walk from the station

About 93 m from the block coordinates. A convenience store. Location confirmed on OpenStreetMap. OpenStreetMap has no branch name registered, so only the chain name is given.

Source
Inageya
5 min walk from the station

About 150 m from the block coordinates. A supermarket. Location confirmed on OpenStreetMap. OpenStreetMap has no branch name registered, so only the chain name is given.

Source
My Basket
3 min walk from the station

About 177 m from the block coordinates. A supermarket. Location confirmed on OpenStreetMap. OpenStreetMap has no branch name registered, so only the chain name is given.

Source

Neighborhood ② Dining Near the Station

Nakaya Seimenjo
4 min walk from the station

About 74 m from the block coordinates. A ramen restaurant. Location confirmed on OpenStreetMap.

Source
Higurashi Garden
5 min walk from the station

About 131 m from the block coordinates. A cafe and bakery. Location confirmed on OpenStreetMap.

Source

About This Property

A resale detached house in 6-chome Higashi-Nippori, Arakawa, Tokyo, an 8-minute walk from Nippori Station on the JR Yamanote and Keihin-Tohoku lines. A ramen restaurant is 74 m from the block coordinates, a convenience store 93 m and a supermarket 150 m.

The land is 37.14 sqm (11.23 tsubo) and the wood-frame two-storey 3K building has a floor area of 29.46 sqm. It was built in September 1959. The land is freehold, zoned quasi-industrial with an 80% building coverage ratio and 300% floor area ratio. It has a loft, town gas, municipal water and main drainage. The house is currently tenanted and sold with the tenancy in place; annual income at full occupancy is 1.2 million yen (100,000 yen a month), a gross yield of 5.21%.

The inheritance-tax road price on the frontage is 550,000 yen/sqm. The land assessed value comes to 20.42 million yen, an assessed ratio of 88.8% against the 23 million yen asking price. At 66 years old the wood-frame building is far past its 22-year statutory life, so it is assessed at zero. The road price has moved 450,000 yen in 2024, 490,000 yen in 2025 and 550,000 yen in 2026, a steep rise of 22.2% over three years.

Please note: depending on which band of the road price applies, the assessed ratio could fall below 80%. Please read the research notes.

Estimated Financing

Assessed value ¥20,427,000 → estimated loan ¥20,420,000 (89% of the asking price)

※ Actual loan availability, amounts and terms are subject to each bank's screening.

Suggested Lenders

静岡銀行
Regional bankLand-value focusedStrong with detached housesGood with older buildings
本業年収700万円以上が検討対象。 相続税路線価から算出した「土地の積算」が60%以上出ていれば、基本的にフルローンとなる。 修正後バランスシートも重視しており、属性枠だけで終了する訳ではない為、可能な限り「土地」が高積算の物件を買い進めていきたい。
L&Fアセットファイナンス
Non-bank lenderLand-value focusedStrong with detached housesGood with older buildings
土地値が出る築古系が得意。 属性はほぼ問わない。 どんなに担保評価が付いたとしても8割融資が目安。 建物の価値に対してはほぼ担保評価を付けてくれない為、新築や築浅の物件は要注意。 但し、建売の売れ残りや変形地等の場合は、土地が広くて担保評価が伸びたり、賃料が高くて収益還元評価が伸びたりして、思わずハマるケースがある。 また、産休中でも行けた、貴重な存在の金融機関である。
関西みらい銀行
Regional bankAssessed-value focusedStrong with detached houses
土地から新築OK。 築古過ぎず、好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 産休中はNG。 築古過ぎる場合は、信用金庫・信用組合のセゾンファンデックス保証付の不動産担保ローンが適す。

※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.

Ask About This PropertyWe offer purchase consultation, brokerage and consulting services.Found an error in this listing? Let us know here

Learn About Assessed Value and Financing

Our blog explains the basics you need to read the numbers on this page.

不動産担保ローンとは?手持ちの不動産で次の物件を買う方法
不動産担保ローン

不動産担保ローンとは?手持ちの不動産で次の物件を買う方法

不動産担保ローンは、持っている不動産を担保にお金を借りるローンです。仕組みや借りられる金額の目安、次の物件購入に使う方法、メリット・デメリットを解説します。

積算評価・担保評価とは?計算方法と調べ方をわかりやすく解説
不動産担保ローン

積算評価・担保評価とは?計算方法と調べ方をわかりやすく解説

積算評価(担保評価)とは、銀行が物件の担保価値を土地と建物から計算する方法です。計算式・再調達価格・法定耐用年数の目安、路線価を使った調べ方、融資が付きやすい物件の特徴を計算例つきで解説します。

More articles on the blog
[Assessed 152.6%] Detached house in Nerima Ward, Tokyo — 13 min from Chikatetsu-Narimasu Sta.
Assessed 152.6%
Source: Kenbiya
Detached house

[Assessed 152.6%] Detached house in Nerima Ward, Tokyo — 13 min from Chikatetsu-Narimasu Sta.

Nerima Ward, TokyoTokyo Metro Fukutoshin Line Chikatetsu-Narimasu Sta. 13 min walk
¥15MExpected Yield 8%
[Assessed 82.3%] Detached house in Kita Ward, Tokyo — 8 min from Nishi-Sugamo Sta.
Assessed 82.3%
Source: Kenbiya
Detached house

[Assessed 82.3%] Detached house in Kita Ward, Tokyo — 8 min from Nishi-Sugamo Sta.

Kita Ward, TokyoToei Mita Line Nishi-Sugamo Sta. 8 min walk
¥19.8MExpected Yield 5.7%
[Assessed 109.3%] Apartment building in Suginami Ward, Tokyo — 12 min from Kugayama Sta.
Assessed 109.3%
Source: Kenbiya
Apartment building

[Assessed 109.3%] Apartment building in Suginami Ward, Tokyo — 12 min from Kugayama Sta.

Suginami Ward, TokyoKeio Inokashira Line Kugayama Sta. 12 min walk
¥52MExpected Yield 6.85%