![[Assessed 120.8%] Detached house in Edogawa Ward, Tokyo — 9 min from Shinozaki Sta.](https://img01.suumo.com/jj/resizeImage?src=gazo%2Fbukken%2F030%2FN010000%2Fimg%2F834%2F21689834%2F21689834_0001.jpg&w=1200&h=900)
[Assessed 120.8%] Detached house in Edogawa Ward, Tokyo — 9 min from Shinozaki Sta.
Property Overview
| Location | Edogawa Ward, Tokyo |
| Nearest Station | Toei Shinjuku Line Shinozaki Sta. |
| Walk | 9 min walk |
| Assessed Ratio | 120.8%Assessed 120.8% |
| Price | ¥9,800,000 |
| Type | Detached house |
| Structure | Wooden |
| Built | Built Mar 1973 (53 years old) |
| Land Area | 37㎡ |
| Building Area | 48.14㎡ |
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 | ¥9,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥11,840,000 |
| Building assessed value | ¥0 |
| Total assessed value | ¥11,840,000 |
| Asking price | ¥9,800,000 |
| Assessed ratio | 120.8% |
Calculation basis
- Land = road price ¥320,000/m² × land area 37m²
- Building = replacement cost ¥220,000/m² × floor area 48.14m² × remaining life 0y ÷ statutory life 22y
- Built Mar 1973 (53 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +14.3%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 280,000 | — |
| 2025 | 295,000 | +5.4% |
| 2026 | 320,000 | +8.5% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Because the plot is only 37.0 sqm, the first thing checked was whether this is a terraced house, by enlarging the exterior photos. The residential streets of the neighbourhood were then counted across four sheets of the FY2026 street-value map to justify the representative value.
What We Could Not Confirm
- The photos show gaps, separate downpipes and separate eaves on both sides, but whether the house is registered as a single building together with its neighbours could not be confirmed. Ask the listing agent.
- 37.0 sqm at 60 percent coverage caps the footprint at 22.2 sqm, while a two-storey house of 48.14 sqm suggests a ground floor of some 24-26 sqm — possibly a legacy non-conformity. The listing is silent, so the terms for rebuilding need confirming with the authority and the agent.
- No lot number is disclosed, so the street value of the road the property actually fronts could not be verified. The most frequent value among the residential streets of the neighbourhood was adopted.
- Distances to the restaurants are straight-line from the estimated position, not walking routes. They were filled in from OpenStreetMap because the listing names no restaurants.
- The house is empty and can be viewed at any time. The handover date is negotiable.
※ 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
At 37.0 sqm this is the smallest plot this site has covered, and the first thing to check is what that narrowness implies. Small detached houses on 50-60 sqm plots sometimes turn out to be terraced houses sharing a party wall with the neighbour even when the listing says nothing about it, and three properties have been turned down here for exactly that reason.
So the two exterior photos were pulled at their full 1200x900 and the junctions on both sides enlarged. On the right a downpipe runs off the corner of the building and beyond it a gap of 50-80 cm runs clear to the ground, with the neighbour's own separate wall and meters visible through it. On the left there is a gap running top to bottom between this building's flank and the neighbour's render, and the flank carries an outdoor tap and hose, so that wall is open to the air. On the first floor both sides show external corners, meaning the wall planes do not run on into the neighbours. Neither neighbour matches this house in cladding, roof shape or entrance detail, and there is no row of identical units. The house is therefore taken to be detached — but the photos cannot show whether it is registered as a single building with its neighbours, so anyone considering a purchase should ask the agent.
The property itself: a two-storey wood-frame 3K plus box room, 48.14 sqm of floor area, built in March 1973 and so 53 years old. It fronts a 4 m road to the east, carries no private-road burden, and the other-restrictions field is blank — no mention of non-rebuildable status, cliff ordinance, retaining walls or level differences. Zoning is Category 1 Medium-High Residential at 50 percent building coverage and 150 percent floor area ratio. The house is empty and can be viewed at any time.
The assessed value comes to 120.8 percent. At 53 years the house is well past the 22-year statutory life for wood-frame construction, so the building assesses at zero and the land alone exceeds the asking price. The inheritance-tax street value in Shinozakimachi 6-chome is 320,000 yen/sqm; times 37.0 sqm it gives 11.84 million yen against an asking price of 9.8 million. The street value rose 14.3 percent over three years: 280,000 yen in 2024, 295,000 in 2025 and 320,000 in 2026. One caveat: 37.0 sqm at 50 percent coverage caps the building footprint at 22.2 sqm, yet a two-storey house of 48.14 sqm suggests a ground floor of some 24-26 sqm, so the building as it stands may exceed the coverage limit as a legacy non-conformity. The listing does not say, so this also needs checking.
The relationship to the road was checked in the photos too. The road is asphalt and level, the entrance sits at much the same height with only a threshold step of 10-20 cm, and no wall anywhere around the plot is holding back earth. The boundary with the neighbours is at the same ground level. This matches the listing's "flat land", "regular plot" and "level walk to the station". The plot takes its frontage directly off the road with no flagpole strip.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
![[Assessed 144.3%] Apartment building in Toshima Ward, Tokyo — 15 min from Ikebukuro Sta.](https://www.kenbiya.com/upload/p4712/4712665/1778757757786-1.jpg)