Shinjuku Ward is referred to as the city within a city.  All other elements of Tokyo are found within this one ward.  From the glitz and glamour of the Shinjuku 3 Chome district to the towering skyscrapers of business district that spans from Shinjuku station to Nishi Shinjuku Station, to the mutiple world class and exansive parks that are found in the ward.

The land, and thus property prices in general, are highest the nearer one gets to the stretch of land between Shinjuku station and Shinnjuku 3 Chome station.   This is pricing nexus of the ward and the further one looks away from this area in th ward, the less land tax is imposed on the property. 

This tax assessment difference does generally correlate to market price trends in a similar way.  The most in demand property with limited supply is in the same stretch of land with demand falling and supply increasing the further away the property is.

How to Use the Chart

The chart loads with all areas showing.  To limit the view, click or press on the Enter series to show field and scroll the drop down menu that reveals for the station you are looking for.  

To delete a station, click or press the x next to the station name.

Please note that if you are using ad blockers then it may interfere with the display of the data.  If so then copy the URL into another browser that doesn't use ad blockers.

Source: tochidai.info (Japanese)

Notes on the Data:

Tochidai.info visualises the Rosenka value, or street value, of the land using the same pinpoint addresses the tax department uses to calulate the land portion of annual property taxes. 

Tochidai.info organizes the data by addresses with geo codes nearby popular stations, which is how the above information has been aggregated. 

This data is not to be taken as actual market value as often in the metropolis areas areas of Japan, a property can often sell for higher than what the tax department assesses the property value at.

The data represented in the above chart is only to illustrate pricing trends over a series of time.  The data in no way guarantees accurate market pricing for the reasons outlined above as other factors contribute to the pricing of real estate such as type and age of structure, specific building only incidents or accidents, whether a property is self-managed or professionally managed etc.

For further, more specific information, contact one of the agent contributers here on REthink Tokyo. 

Make sure to inquire with an agent working in your area of interest.

Further Reading:

Minato Ward Popular Station Land Pricing Trends (REthink Tokyo; September 2021)

Shibuya Ward Popular Station Land Price Trends (REThink Tokyo; September, 2021)

Chuo Ward Popular Station Land Price Trends (REthink Tokyo; October, 2021)

Chiyoda Ward Popular Station Land Price Trends (REthink Tokyo; October, 2021)