積算100
[Assessed 89.1%] Detached house in Edogawa Ward, Tokyo — 15 min from Mizue Sta.
Listing endedAssessed 89.1%Detached houseEdogawa Ward, TokyoMizue Sta. 15 min walk

[Assessed 89.1%] Detached house in Edogawa Ward, Tokyo — 15 min from Mizue Sta.

Published: Aug 30, 2026Updated: Sep 13, 2026

Property Overview

LocationEdogawa Ward, Tokyo
Nearest StationToei Shinjuku Line Mizue Sta.
Walk15 min walk
Assessed Ratio89.1%Assessed 89.1%
Price¥15,800,000
TypeDetached house
StructureWooden
BuiltBuilt Dec 1966 (59 years old)
Land Area58.52㎡
Building Area69.4㎡

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.

SUUMO¥15,800,000View listing

Assessed Value Breakdown

Land assessed value¥14,081,100
Building assessed value¥0
Total assessed value¥14,081,100
Asking price¥15,800,000
Assessed ratio89.1%

Calculation basis

  • Land assessed value was entered manually by the operator.
  • Building = replacement cost ¥220,000/m² × floor area 69.4m² × remaining life 0y ÷ statutory life 22y
  • Built Dec 1966 (59 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +10.9%
YearRoad price (JPY/m²)YoY
2024230,000
2025240,000+4.3%
2026255,000+6.3%

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

How We Checked This Property

The land area field carried a private-road burden recorded as "co-ownership share 3.3 sqm x (1/1)", and whether to deduct it was the first question. Edogawa 1-chome also straddles the junction of four roadside value map sheets, so this is a record of settling the position by coordinate calibration.

Effective land area

We took the effective site area as the listed 58.52 sqm (surveyed) less a 3.3 sqm private-road burden, giving 55.22 sqm — SUUMO's land area field conventionally includes the private-road burden. The listing records it as "co-ownership share 3.3 sqm x (1/1)". Our practice is to treat a private-road burden expressed as a fraction as a separate parcel and not deduct it, but one over one means a burden borne alone with no co-owners, so we judged it outside that exception and deducted. Without the deduction the land assesses at 14.92 million yen for a ratio of 94.5%. Either way the figure clears 80%, so the conclusion does not change.

Effective land area

The frontage road is 3.4 m wide to the north-west, under 4 m. The listing says nothing about a setback, but we think an Article 42(2) road is likely. Assuming a 0.3 m centre-line setback and a frontage of about 5 m (estimated from the shape implied by 58.52 sqm of land at 60% coverage giving a ground floor of about 35 sqm), a further 1.5 sqm would come off. That gives an effective site area of 53.72 sqm, a land assessment of 13.70 million yen and a ratio of 86.7% — the most severe stacking we can justify. The 3.3 sqm burden may already represent the setback, in which case deducting both would double-count. Whether a setback is required needs checking with the ward office.

Locating the road price

Edogawa 1-chome straddles the junction of four roadside value map sheets (53090, 53091, 53099 and 53100), so we fixed the position by coordinate calibration. The sheets carry no text layer, so we read them as images and geocoded the printed block numbers through the Geospatial Information Authority's address API (blocks 9, 10, 13, 14, 17, 20 and 1 of Edogawa 1-chome). The map coordinates in the listing HTML sit about 33 m from the block 9 reference point. From there it is 316 m in a straight line to Edogawa Elementary School (block 1), consistent with the listed 400 m and five-minute walk (a straight-line to road-distance ratio of 1.26 is reasonable). We placed the property at the boundary between the south-east corner of 53090 and the north-east corner of 53099, around blocks 9 to 14.

View source
Locating the road price

The residential streets near the property run a uniform 265D on the 53090 side (the grid of blocks 10, 13, 14 and 17 to 20), and 255D, 275D and 280D on the 53099 side (block 9 and around Edogawa 1-chome South Park). We took the conservative 255D (255,000 yen/sqm) as the representative value. We checked the sensitivity. Across the whole town the band runs 210D to 310D (we do not take the 320C to 340C arterial values along Shinozaki Kaido as representative). The modal 265D gives 92.6% and the lower bound of 235D, excluding outliers, gives 82.1%. Only two roads fall below 80% — a dead-end lane at 210D at the south-eastern edge (block 2, right by the school) and 215D at the western edge — but at those positions the school would be barely 100 m away, contradicting the listed 400 m. For the three-year series we followed the same street on sheet 53099 (the road east of block 9) by eye: 230D in 2024, 240D in 2025 and 255D in 2026. The 265D grid on the 53090 side moved 240D to 250D to 265D on the same trend. The leasehold ratio symbol is D throughout the town.

View source
On-site check from photos

We obtained and inspected two photographs at high resolution — one including the frontage road and one of the exterior. The north-west frontage road is asphalt and close to level with the site; between road and entrance apron there is a single low concrete step. Cross-checked two ways, against a roughly 200 cm door height and a roughly 90 cm window sill, the step is about 0.15 m and at most 0.2 m. Under 1 m, so neither a frontage step nor stepped access. At the south-east corner of the site there is a concrete-block gate-post wall. Counting the horizontal joints gives six courses, about 1.2 m from the site ground to the top. But retaining height is judged by the difference in ground level either side, not the full height of the wall — and the site side (a concrete apron with a potted plant standing on it) and the neighbour side (grass, with weeds growing from the foot of the wall) are close to level. It retains nothing. The retaining height is under 0.1 m; this is a boundary wall and gate post, not a retaining wall.

On-site check from photos

There is no slope face, protective sheeting or cut slope. The site fronts the road directly and is not a flagpole plot, so no access-strip deduction is needed. The reddish-brown building to the left has its own walls, roof, downpipes and ridge height with a gap between, so this is not a party-wall row house. For terrain we measured six points nearby with national 1 m laser survey data and confirmed 0.0 to 1.1 m above sea level — essentially flat low-lying Tokyo across about 250 m. A metre-scale step would appear at that resolution; none does. This agrees with the reading from the photographs.

View source

What We Could Not Confirm

  • Whether the 3.3 sqm private-road burden is deducted splits the ratio between 89.1% and 94.5%. We took the conservative deduction. What the one-over-one share actually means — a burden borne alone, or sole ownership of a separate parcel — is worth confirming with the agent.
  • The frontage road is 3.4 m wide to the north-west, under 4 m, yet the listing says nothing about a setback. If it is an Article 42(2) road a setback would be required and the effective site area would fall to about 53.72 sqm. The 3.3 sqm burden may already represent the setback, in which case deducting both would double-count. This needs checking with the ward office.
  • At 59 years old the wooden building is assessed at zero. It is a vacant 5K available immediately, but the condition of the building and the working state of the fixtures are worth checking on site. The listing records no renovation history.
  • The address is published only to chome level, so the lot number is unknown and the roadside value is fixed only to the range of blocks 9 to 14. Across the whole town the band runs 210D to 310D, which would move the ratio between 73% and 113% — though within the range consistent with the listed distance to the school it does not fall below 82%.

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

Attack
10 min walk from the station

Supermarket about 790 m from Mizue Station, and about 90 m from the property — the closest shop.

Source
FamilyMart
11 min walk from the station

Convenience store about 860 m from Mizue Station, and about 180 m from the property.

Source
7-Eleven
5 min walk from the station

Convenience store about 370 m from Mizue Station.

Source
Sundrug
7 min walk from the station

Drugstore about 560 m from Mizue Station.

Source

Neighborhood ② Dining Near the Station

Juraku
10 min walk from the station

The closest eatery, about 80 m from the property and about 790 m from Mizue Station.

Source
Menya Isoroku
8 min walk from the station

Ramen shop about 630 m from Mizue Station and about 270 m from the property.

Source

About This Property

A 15.8 million yen resale detached house in Edogawa 1-chome, Edogawa Ward, Tokyo, a 15-minute walk from Mizue Station on the Toei Shinjuku Line. Land 58.52 sqm (surveyed), building 69.4 sqm (surveyed), wooden two-storey 5K, built December 1966 (59 years old). It is vacant and available immediately.

The assessed ratio is 89.1%. The inheritance-tax roadside land value for fiscal 2026 is 255,000 yen/sqm (roadside value map 53099), which across an effective site area of 55.22 sqm gives 14.08 million yen. At 59 years old the building carries no assessed value, so this figure comes from the land alone. The roadside value has risen 10.9% in two years: 230,000 yen in 2024, 240,000 in 2025 and 255,000 in 2026.

We took the effective site area as the listed 58.52 sqm less a 3.3 sqm private-road burden, giving 55.22 sqm. The listing records this as "co-ownership share 3.3 sqm x (1/1)" — a share of one over one, meaning a burden borne alone with no co-owners. Our practice is to treat a private-road burden expressed as a fraction as a separate parcel and not deduct it, but we judged that one-over-one does not fall under that exception and deducted it. Without the deduction the land assesses at 14.92 million yen for a ratio of 94.5%. Either way the figure clears 80%, so the conclusion does not change.

The frontage road is also 3.4 m wide to the north-west, under 4 m, which makes an Article 42(2) road likely. The listing says nothing about a setback, but assuming a 0.3 m centre-line setback and a frontage of about 5 m, a further 1.5 sqm would come off, giving 53.72 sqm and a ratio of 86.7%. Even stacked that severely it stays at this level. The 3.3 sqm burden may already represent the setback, in which case deducting both would double-count.

To fix the location, Edogawa 1-chome straddles the junction of four roadside value map sheets (53090, 53091, 53099 and 53100), so we calibrated by coordinates. We read the sheets as images and geocoded the block numbers printed on them through the Geospatial Information Authority's address API (blocks 9, 10, 13, 14, 17, 20 and 1 of Edogawa 1-chome). The map coordinates in the listing HTML sit about 33 m from the block 9 reference point. From there it is 316 m in a straight line to Edogawa Elementary School, consistent with the listed 400 m and five-minute walk.

We took the conservative 255D as the representative value. The residential streets near the property run a uniform 265D on the 53090 side, and 255D, 275D and 280D on the 53099 side. Across the whole town the band runs 210D to 310D; the modal 265D gives 92.6% and the lower bound of 235D, excluding outliers, still gives 82.1%. Only two roads fall below 80% — a dead-end lane at 210D at the south-eastern edge and 215D at the western edge — but at those positions the school would be barely 100 m away, contradicting the listed 400 m, so they are not where this property sits. The leasehold ratio symbol is D throughout the town.

We examined two photographs, one including the frontage road and one of the exterior. The north-west frontage road is asphalt and close to level with the site; between road and entrance there is a single low concrete step. Cross-checked against a 200 cm door height and a 90 cm window sill, the step is about 0.15 m, at most 0.2 m.

At the south-east corner of the site there is a concrete-block gate-post wall; counting the horizontal joints gives six courses, about 1.2 m from the site ground to the top. But retaining height is judged by the difference in ground level on either side, not the full height of the wall — and the site side (a concrete apron, with a potted plant standing on it) and the neighbour side (grass, with weeds growing from the foot of the wall) are close to level. It retains nothing. This is a boundary wall and gate post, not a retaining wall.

The building to the left has its own walls, roof, downpipes and ridge height with a gap between, so this is not a party-wall row house. National 1 m laser survey data across six points nearby reads 0.0 to 1.1 m above sea level — essentially flat low-lying Tokyo across about 250 m. A metre-scale step would show at that resolution; none does.

Estimated Financing

Assessed value ¥14,081,100 → estimated loan ¥14,080,000 (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.

Listing endedThe listing for this property has ended. The information reflects the time of listing and the property is no longer available.
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