![[Assessed 84.6%] Detached house in Edogawa-ku, Tokyo — 16 min from Shinozaki Sta.](https://www.kenbiya.com/upload/p4680/4680112/1780143163657-1.jpg)
[Assessed 84.6%] Detached house in Edogawa-ku, Tokyo — 16 min from Shinozaki Sta.
Property Overview
| Location | Edogawa-ku, Tokyo |
| Nearest Station | Toei Shinjuku Line Shinozaki Sta. |
| Walk | 16 min walk |
| Assessed Ratio | 84.6%Assessed 84.6% |
| Price | ¥15,000,000 |
| Type | Detached house |
| Expected Yield | 10% |
| Structure | Wooden |
| Built | Built Oct 1967 (58 years old) |
| Land Area | 59㎡ |
| Building Area | 66.78㎡ |
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 | ¥15,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥12,685,000 |
| Building assessed value | ¥0 |
| Total assessed value | ¥12,685,000 |
| Asking price | ¥15,000,000 |
| Assessed ratio | 84.6% |
Calculation basis
- Land = road price ¥215,000/m² × land area 59m²
- Building = replacement cost ¥220,000/m² × floor area 66.78m² × remaining life 0y ÷ statutory life 22y
- Built Oct 1967 (58 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +10.3%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 195,000 | — |
| 2025 | 205,000 | +5.1% |
| 2026 | 215,000 | +4.9% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
The point to watch on this property is the private road burden. We recently assessed a property in the same town where the burden appeared only in a free-text field, so we checked other sites as well to see whether the same thing had happened here. On a plot this small we also looked closely at whether it is a party-wall building.
What We Could Not Confirm
- **Whether a private road burden exists could not be confirmed.** We recently assessed a property in the same Nishi-shinozaki, Edogawa-ku, where a 9.14 sqm private road burden appeared only in a free-text field rather than a structured one. Were the same size of burden to apply here, the assessment would fall from 84.6% to 71.5%. This needs to be confirmed with the handling agent.
- The zoning, building coverage ratio, floor area ratio, road frontage and fire-prevention designation are all blank. Whether the property can be rebuilt, and what scale could be built on a rebuild, are not knowable from the listing.
- An assessed ratio of 84.6% leaves little margin against the 80% line. Even at the bottom of the roadside price band, 210D, it is 82.6%, but a private road burden or a shape adjustment could take it below 80%.
- No plot plan (survey drawing) is included, and there are no photographs of the sides or rear. The shape of the site and the presence of retaining walls at the boundaries need on-site confirmation.
- The wooden building is 58 years old and assessed at zero. It was renovated in May 2026, but the condition of the structural elements (foundation, sill, columns) cannot be judged from the photographs.
※ 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
Neighborhood ② Dining Near the Station
About This Property
Whether this property carries a private road burden could not be confirmed. If it does, the assessed ratio drops substantially. For a different property in the same Nishi-shinozaki, Edogawa-ku, which we assessed on 31 August, a private road burden of 9.14 sqm appeared only in a free-text field, not in any structured field. Were the same size of burden to apply here, the assessment would fall from 84.6% to 71.5%. This listing also leaves the zoning, building coverage ratio, floor area ratio and road frontage all blank, so there is little to work from.
A 15,000,000 yen used detached house in Nishi-shinozaki, Edogawa-ku, a 16-minute walk from Shinozaki Station on the Toei Shinjuku Line. The land is 59 sqm and the building 66.78 sqm, a two-storey wooden 3LDK built in October 1967 (58 years old). It was renovated in May 2026 and is currently tenanted, sold as an owner-change. The full-occupancy yield is 10.00%, with income of 1.5 million yen a year (125,000 yen a month).
The assessed ratio is 84.6%. The inheritance-tax roadside land price for 2026 is 215,000 yen/sqm (map sheet 53040), which against 59 sqm gives 12.68 million yen. At 58 years old the wooden building assesses at zero, so this figure comes from the land alone. The roadside price moved from 195,000 yen in 2024 to 205,000 yen in 2025 and 215,000 yen in 2026, a 10% rise over three years.
For the representative value we took 215D, the conservative end within Nishi-shinozaki 2-chome on sheet 53040 — the group of narrow streets. That is consistent with the frontage road in the exterior photograph appearing to be a narrow street of about 4 m (on the sheet, 215D covers the group of narrow parallel roads within block 15, while 240D is the wider through road).
The band within the chome is 210D to 265D on sheet 53040 and 220D to 260D on the eastern edge of sheet 53041. Even the lowest value in the chome, 210D, gives 82.6%, and the through road at 240D gives 94.4% — both above 80%. But the margin to the 80% line is small, and what would reverse the conclusion is not the roadside price but the private road burden.
On the area: we used the listed 59 sqm as the effective residential area. Kenbiya's disclosure rules state that the land area shown excludes private roads, and that where a separate private road exists its burden area is shown; neither the private road burden field nor the remarks carry any entry here. As noted at the top, however, this listing leaves most structured fields blank, so relying on the absence of an entry is uncomfortable.
Whether the building is a party-wall structure was checked carefully, since on a 59 sqm plot with 66.78 sqm of floor area it matters whether it can be rebuilt independently. Enlarging the exterior photograph shows a clear gap with the white lattice-balcony building to the left, with sky visible above. The cream-coloured building to the right is an independent gable end with a separate roof plane, set back further than this property. The floor plan shows two entrances on the ground floor with a closed door between them, which raised the possibility of a two-in-one; but there is only one staircase, so there is no circulation for two dwellings. We judged it a single building with two entrances (a remnant of a two-generation or shop-plus-residence layout).
On retaining walls and steps: this is alluvial lowland in Edogawa-ku, and in the exterior photograph the asphalt of the frontage road and the site are at much the same level. There is only a 10-20 cm concrete threshold step at the entrance, and no wall functioning as earth retention at the front. However, there are no photographs of the sides or rear, so the whole perimeter of the site has not been verified.
The land is freehold. There was no mention of a no-rebuild restriction, proviso road, cliff ordinance or leasehold. There is a sunroom-style extension (polycarbonate corrugated roof) on the ground floor.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
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