
[Assessed 182.6%] Detached house in Kita Ward, Tokyo — 4 min from Kita-Akabane Sta.
Property Overview
| Location | Kita Ward, Tokyo |
| Nearest Station | JR Saikyo Line Kita-Akabane Sta. |
| Walk | 4 min walk |
| Assessed Ratio | 182.6%Assessed 182.6% |
| Price | ¥23,880,000 |
| Type | Detached house |
| Expected Yield | 5.52% |
| Structure | Wooden |
| Built | Built Aug 1976 (50 years old) |
| Land Area | 109㎡ |
| Building Area | 39.94㎡ |
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 | ¥23,880,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥43,600,000 |
| Building assessed value | ¥0 |
| Total assessed value | ¥43,600,000 |
| Asking price | ¥23,880,000 |
| Assessed ratio | 182.6% |
Calculation basis
- Land = road price ¥400,000/m² × land area 109m²
- Building = replacement cost ¥220,000/m² × floor area 39.94m² × remaining life 0y ÷ statutory life 22y
- Built Aug 1976 (50 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +17.6%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 340,000 | — |
| 2025 | 360,000 | +5.9% |
| 2026 | 400,000 | +11.1% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Because no listing has exterior photos, we counted the block-road values in Ukima 3-chome on the 2026 route price maps and checked the nine photos and the map point on another listing for the same property, separating what could be confirmed from what could not.
What We Could Not Confirm
- No listing has photos of the exterior or the front road, so whether there are retaining walls and the step to the front road are unconfirmed. What the concrete structure about 1 m outside a ground-floor window is also remains unknown.
- Whether it is a flag-shaped lot (access via a narrow passage) and whether it is a terraced (row) house cannot be confirmed because there are no photos.
- The condition of the exterior (roof, walls, foundation) is unknown because only interior photos exist. As a 50-year-old wooden house, it needs an on-site check.
- The lot number is not disclosed and the adjoining road has not been identified. Road width, type and frontage, whether rebuilding is permitted, any private-road share and consent for passage and excavation, the surveyed area, and any encroachment or occupation are not stated in any listing; these, along with why the price is low relative to the route price, need to be confirmed with the agent.
- Because the income figures differ between listings (1.32 vs 1.98 million yen per year) and several rooms have bunk beds, the current lease type, rent and occupancy need to be checked against the rent roll and lease agreements.
※ 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
⚠️ The listings do not explain why this property is priced at 23.88 million yen. The price is about 55% of the land value calculated from the route price alone (400,000 yen/m² × 109 m² registered area = 43.6 million yen), and it is also below the land value at the lowest route-price band in Ukima 3-chome (295,000 yen/m², about 32.16 million yen). Neither the Kenbiya nor the Toushi athome listing discloses the road access (road width, type and frontage), any private-road share, or whether the house can be rebuilt, and there are no photos of the exterior or the front road. Anyone considering it should confirm with the agent the road width, type and frontage, whether rebuilding is permitted, any private-road share and consent for passage and excavation, the surveyed land area, and any encroachment or occupation.
The property is in Ukima 3-chome, Kita Ward, Tokyo, a 4-minute walk from Kita-Akabane Station on the JR Saikyo Line. Ukima-Funado Station (15 minutes on foot) and Shimura-sakaue Station on the Toei Mita Line (20 minutes) can also be used. The site straddles two zones, a neighborhood commercial zone and a Category 1 residential zone; Kenbiya lists building coverage of 80% and a floor area ratio of 300%. The wooden two-story house was built in August 1976 (50 years old), has a 3DK layout and 39.94 m² of floor area, on 109 m² of freehold land (registered area). The floor area is only a little over 10% of the roughly 327 m² that a 300% floor area ratio allows, which, together with the price, is a point whose reason needs to be confirmed.
The house is sold with a tenant in place, but the income figures differ between the listings. Kenbiya shows 110,000 yen per month (1.32 million yen per year, 5.52% gross yield), while Toushi athome shows expected annual income of 1.98 million yen (6.85% gross yield); this site shows the lower 5.52% in the yield field. Interior photos show bunk beds in several rooms, suggesting it is used like a shared house. The current lease type, rent and occupancy should be confirmed with the rent roll and lease agreements. The Toushi athome listing has been online since May 2026.
The 2026 route price is 400,000 yen/m² (340,000 yen/m² in 2024 and 360,000 yen/m² in 2025), taken as the most common value among the block roads in Ukima 3-chome. The building is past its statutory useful life and is valued at zero; the land alone comes to about 182.6% of the price, but as noted above the reason for this gap is unknown, so the figure should not be taken at face value. No listing has photos of the exterior or the front road (all nine Toushi athome photos are interior shots), so retaining walls, the step to the front road, whether it is a flag-shaped lot, whether it is a terraced (row) house, and the condition of the exterior are all unconfirmed. A concrete wall or structure appears about 1 m outside a ground-floor window, but it cannot be told whether it is a neighbor's foundation, a fence or a retaining wall. The thumbnail is an illustrative image made by this site. Nearby places are given as straight-line distances from the map point on the Toushi athome listing for the same property (OpenStreetMap).
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.
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