[Assessed 88.1%] Land in Higashimurayama, Tokyo — 2 min from Seibuen Sta.
Property Overview
| Location | Higashimurayama, Tokyo |
| Nearest Station | Seibu Seibuen Line Seibuen Sta. |
| Walk | 2 min walk |
| Assessed Ratio | 88.1%Assessed 88.1% |
| Price | ¥8,800,000 |
| Type | Land |
| Land Area | 64.6㎡ |
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.
| athome | ¥8,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥7,752,000 |
| Building assessed value | - |
| Total assessed value | ¥7,752,000 |
| Asking price | ¥8,800,000 |
| Assessed ratio | 88.1% |
Calculation basis
- Land = road price ¥120,000/m² × land area 64.6m²
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: ±0.0%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 120,000 | — |
| 2025 | 120,000 | ±0.0% |
| 2026 | 120,000 | ±0.0% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
The coordinates in the listing turned out to be the district reference point rather than the property, so we used the "two-minute walk" figure instead, geocoding all 36 blocks in the district to find those within two minutes of the station. The treatment of the private road also straddles the 80% line.
What We Could Not Confirm
- The current-state field reads "building present" and the site plan notes an old house, while the highlights panel shows "vacant land" and "immediate handover". Confirm whether the house is there and who bears demolition costs.
- The old house has no disclosed structure, floor area or construction date. We value the building at zero.
- The utilities field listing sewerage and LP gas contradicts the highlights panel showing city gas. Please confirm which is correct.
- Whether the private-road share is deducted from the area splits the cost-approach ratio between 88.1% and 79.1%. We did not deduct it because the site plan shows the private road as a separate parcel, but we suggest confirming against the register.
- The zoning divides across the middle of the plot between Category 1 Low-Rise and Category 1 Medium-High-Rise Exclusive Residential. What can be built depends on where that line falls, so this needs checking with the local authority.
※ 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
A plot of land in Tamakocho 4-chome, Higashimurayama, a two-minute walk from Seibuen Station on the Seibu Seibuen Line. The station is 140 metres away, an Inageya supermarket about 360 metres and a FamilyMart about 520 metres. Kitayama Elementary School is 640 metres away and Higashimurayama Fourth Junior High School 750 metres. Changing at Higashimurayama for the Seibu Shinjuku Line puts Takadanobaba about 50 minutes away.
The plot is 64.60 square metres, about 19.54 tsubo. The site plan shows a regular lot of roughly 7.6 by 8.5 metres — not a flag-shaped one. The zoning is split across the middle of the plot between Category 1 Low-Rise Exclusive Residential and Category 1 Medium-High-Rise Exclusive Residential, with a 50% building coverage ratio and 100% floor area ratio plus a note recording 60% and 200%. It is a small plot, so the scale of house that fits is limited.
The National Tax Agency's 2026 street-front value is 120,000 yen per square metre, which multiplied by 64.60 square metres gives 7.75 million yen — 88.1% of the 8.8 million yen asking price. The listing records a private-road burden of 95.00 square metres with a 662/9500 share, roughly 6.62 square metres, but the site plan draws the residential land and the designated private road as separate parcels, so we treated the private road as separately registered and made no deduction. Deducting the share would give 79.1%, just below our 80% threshold — worth stating plainly, since the judgement changes the outcome.
Three things to check. First, the current-state field reads "building present" and the site plan notes an old house, while the highlights panel shows "vacant land" and "immediate handover" — these contradict each other. We treated the plot as carrying an old house and valued the building at zero, since its structure, floor area and construction date are all undisclosed. Please confirm who bears demolition costs. Second, the utilities field listing sewerage and LP gas also contradicts the highlights panel, which shows city gas. Third, the price: the same agency is offering several plots of around 110 square metres within a seven-minute walk of the same station at 28.8 to 36.8 million yen (260,000 to 330,000 yen per square metre), against 136,000 yen here. The small size and the old house account for much of that, but please confirm on site.
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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