
[Assessed 163.4%] Land in Chofu, Tokyo — 5 min from Fuda Sta.
Property Overview
| Location | Chofu, Tokyo |
| Nearest Station | Keio Line Fuda Sta. |
| Walk | 5 min walk |
| Assessed Ratio | 163.4%Assessed 163.4% |
| Price | ¥47,780,000 |
| Type | Land |
| Land Area | 211㎡ |
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 | ¥47,780,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥78,070,000 |
| Building assessed value | - |
| Total assessed value | ¥78,070,000 |
| Asking price | ¥47,780,000 |
| Assessed ratio | 163.4% |
Calculation basis
- Land = road price ¥370,000/m² × land area 211m²
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +12.1%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 330,000 | — |
| 2025 | 350,000 | +6.1% |
| 2026 | 370,000 | +5.7% |
※ 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 listing has neither site photos nor any frontage information, we searched four property portals and the agent's website for another listing of the same property and tracked every local street in Fuda 3-chome on three sheets of the FY2026 road price map to verify the figures.
What We Could Not Confirm
- No site photo could be obtained, so the presence of retaining walls and any level difference from the road, whether the lot is flagpole-shaped and whether the buildings including the annex are attached to a neighbor's, and the condition of the exterior have not been assessed. A site visit or an inquiry to the agent is required.
- Frontage (road direction, width, type, private-road share, setback requirement) and whether rebuilding is permitted are not stated in the listing and must be confirmed with the agent.
- The listing does not explain why the price is far below the road-price land value and local market prices. Whether there are tenants or occupants, whether the land is subject to a leasehold, how much of the surveyed area is usable as building land, and any encroachments need to be checked.
- The block number is not disclosed, so the exact block within Fuda 3-chome is unidentified. The road price is the representative value for the district's local streets; using the bands nearer the station would give a ratio of 199% to 247%.
- The build date and structure of the existing buildings (a 5SLDK house and a two-story annex) are not given, and as delivery is as-is, demolition costs may fall on the buyer.
※ 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
⚠️ This listing contains very little information and calls for caution. There is not a single photo, and the frontage, private-road share and remarks fields are all blank, so the road width, direction and type, whether there is a private-road share, and whether rebuilding is permitted cannot be determined from the listing. The description mixes boilerplate written for condominiums with a few lines about a detached house, and property-specific details are scarce. We searched SUUMO, LIFULL HOME'S, Yahoo! Real Estate, other athome categories and the agent's own website for another listing of the same property, but found none, so neither photos nor the road frontage could be corroborated. The price of 47.78 million yen is far below the land value based on the road price (about 78.07 million yen even at the lowest band) and less than half the per-tsubo price of other lots for sale around Fuda Station. Such a gap is more likely to reflect a constraint (leasehold, land subject to a leasehold, a rebuilding ban, no private-road share, or a large part of the area being unusable) than a bargain, and must be confirmed with the agent. Several properties with unconfirmed road frontage have been declined for publication on this site for the same reason.
The property is a residential lot in Fuda 3-chome, Chofu City, Tokyo, a 5-minute walk from Fuda Station on the Keio Line. The description also gives 6 minutes to Chofu Station and 11 minutes to Kokuryo Station, placing it in the flat residential area extending east from the commercial district in front of Chofu Station. The block number is not disclosed, so the exact block within Fuda 3-chome has not been identified.
The land is 211 sqm (registered, about 64 tsubo), freehold, in an urbanization promotion area zoned Category 1 low-rise residential (50% coverage / 100% floor-area ratio), described as a regular-shaped lot with 16.5 m of frontage. There is an existing building; the description mentions a 5SLDK house with 128 sqm of floor area plus a separate two-story building on site, but the build date and structure are not given, so the buildings are excluded from the assessment. Delivery is immediate in as-is condition, with no building conditions. Utilities are mains water, sewerage and city gas.
The FY2026 inheritance-tax road price is 370,000 yen/sqm (map sheet 59151), the most common band on the local streets of Fuda 3-chome. Multiplied by 211 sqm, the land assessment is 78.07 million yen; with the buildings at 0 yen, the assessed ratio against the 47.78 million yen asking price is 163.4%. The road price rose from 330,000 yen in FY2024 to 350,000 yen in FY2025 and 370,000 yen in FY2026, about 12.1% over three years. Local-street bands within the district range from 370,000 to 560,000 yen, and using the bands in the northern part nearer the station would give a ratio of 199% to 247%. Every band is well above 80%, but the conclusion would change if less than half of the listed area can actually be used as building land.
Because no site photo could be obtained, we have not been able to assess whether there is a retaining wall, a level difference from the road, a flagpole-shaped lot, whether the buildings including the annex are attached to a neighbor's, or the condition of the exterior. The listing was first published on September 14, 2026.
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)