[Assessed 90.6%] Land in Higashimurayama, Tokyo — 16 min from Higashi-Murayama Sta.
Property Overview
| Location | Higashimurayama, Tokyo |
| Nearest Station | Seibu Shinjuku Line Higashi-Murayama Sta. |
| Walk | 16 min walk |
| Assessed Ratio | 90.6%Assessed 90.6% |
| Price | ¥17,800,000 |
| Type | Land |
| Land Area | 104㎡ |
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 | ¥17,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥16,120,000 |
| Building assessed value | - |
| Total assessed value | ¥16,120,000 |
| Asking price | ¥17,800,000 |
| Assessed ratio | 90.6% |
Calculation basis
- Land = road price ¥155,000/m² × land area 104m²
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +6.9%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 145,000 | — |
| 2025 | 150,000 | +3.4% |
| 2026 | 155,000 | +3.3% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
We checked the 6 athome photos, the lot plan and the listing's map coordinates, and counted block-road route prices in Megurita-cho 1-chome section by section on three FY2026 route price map sheets. We also looked into the private road in front and the overhead lines.
What We Could Not Confirm
- The listing does not state whether the private road in front is a road under the Building Standards Act (such as a designated road); since this affects whether a building can be built, it needs to be confirmed with the listing agent.
- The listing does not state whether the site is under high-voltage lines or, if so, the restricted area. If it is, the valuation does not account for the restriction and will be higher than the actual value.
- The private road has no route price, and for tax purposes a special route price may be set. In that case the assessed value may differ from the representative value of 155,000 yen/m².
- The boundaries are listed as not demarcated.
- The lot number is not published, so the location is estimated from the listing's map coordinates.
※ 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 vacant lot for sale in Megurita-cho 1-chome, Higashimurayama, a 16-minute walk from Higashi-Murayama Station on the Seibu Shinjuku Line and a 15-minute walk from Musashi-Yamato Station on the Seibu Tamako Line. It lies in a Category 1 low-rise exclusive residential zone (building coverage 50%, floor area ratio 100%) and sits at the dead end of a 4.5 m private road on the southwest. A 7-Eleven is about 300 m and the Big-A Higashimurayama Noguchicho supermarket about 540 m in a straight line from the listing's map coordinates.
The land is 104.00 m² (about 31 tsubo) by registry, freehold, with no building conditions and delivered as vacant land. The lot plan shows a regular shape of about 12.6 m × 7.7–8.5 m that touches the private road for about 2.34 m at its southwest corner (excluding a corner cut of about 0.86 m). In addition, there is a private road burden of 70.00 m² (a 1/4 co-ownership share). The land category is forest, but the photos show a flat vacant lot covered with weed-control sheeting. The boundaries are listed as not demarcated.
⚠️ The listing does not state whether the private road in front is a road under the Building Standards Act (such as a designated road), and this has not been confirmed. As it affects whether a building can be built, it needs to be confirmed with the listing agent. Overhead lines also appear above the site, and a 66 kV transmission line runs about 60 m to the west. Whether the site is under high-voltage lines cannot be determined from the listing and photos.
The valuation uses 155,000 yen/m², the most common FY2026 route price on block roads in Megurita-cho 1-chome, giving a land value of 16.12 million yen, or about 90.6% of the 17.8 million yen asking price. The route price has risen every year from 145,000 yen/m² in 2024 and 150,000 yen/m² in 2025. The private road in front has no route price of its own. In short, this is a regularly shaped vacant lot in a residential area 15–16 minutes from the stations; the main points to confirm are the legal status of the private road and any restrictions from high-voltage lines.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
Learn About Assessed Value and Financing
Our blog explains the basics you need to read the numbers on this page.
不動産担保ローンとは？手持ちの不動産で次の物件を買う方法
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積算評価・担保評価とは？計算方法と調べ方をわかりやすく解説
積算評価（担保評価）とは、銀行が物件の担保価値を土地と建物から計算する方法です。計算式・再調達価格・法定耐用年数の目安、路線価を使った調べ方、融資が付きやすい物件の特徴を計算例つきで解説します。
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