Ibaraki Apartment market overview [Show ]

The average price of a sq.m Apartment of Ibaraki was 202,263 JPY/sq.m, and the median price was 200,000 JPY/sq.m.

The highest Apartment market value is JR at 150,000 JPY/sq.m. On the other hand, those with the lowest market value is Kanto Railway at 106,666 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Ushiku-Shi at -64.0% (The rate of decline after 30 years). On the other hand, market values along the Tsuchiura-Shi was the most resistant to decline at -12.8% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Kanto Railway at -61.6% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -53.5% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 2,291 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Mito-Shi [Land utilization ]15,192,473 JPY222,215 JPY/sq.m
Hitachi-Shi [Land utilization ]17,361,111 JPY244,357 JPY/sq.m
Tsuchiura-Shi [Land utilization ]12,063,143 JPY173,953 JPY/sq.m
Koga-Shi [Land utilization ]10,282,000 JPY155,945 JPY/sq.m
Ryugasaki-Shi [Land utilization ]7,102,222 JPY106,509 JPY/sq.m
Toride-Shi [Land utilization ]7,188,583 JPY106,167 JPY/sq.m
Ushiku-Shi [Land utilization ]16,519,643 JPY228,313 JPY/sq.m
Tsukuba-Shi [Land utilization ]25,655,660 JPY307,080 JPY/sq.m
Hitachinaka-Shi [Land utilization ]13,463,871 JPY200,710 JPY/sq.m
Moriya-Shi [Land utilization ]24,512,500 JPY318,779 JPY/sq.m
Tsukubamirai-Shi [Land utilization ]22,095,238 JPY329,951 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]12,268,556 JPY176,706 JPY/sq.m
Kanto Railway [Land utilization ]11,056,154 JPY153,512 JPY/sq.m
Other [Land utilization ]21,346,307 JPY279,114 JPY/sq.m