Akatsuka Land average value

Price 27,091 JPY/sq.m
- Dist. from Sta. 32.2 min walk
- Property area 536 sq.m

The average price of Ibaraki JR Joban Line Akatsuka Land, in 2019 was 26,821 JPY/sq.m. The market value represents an increase of 1,145 JPY (+4.5%) compared to 1 year ago and a transition to a some market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Data regarding the market value and its changes of Land in Akatsuka were calculated using data on the sales of 1,316 properties provided by the MLIT Japan.

Akatsuka Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
大塚町380,000JPY8,444 JPY/sq.mAkatsuka30 min
加倉井町8,000,000JPY15,094 JPY/sq.mAkatsuka30 min
萱場町4,600,000JPY29,677 JPY/sq.mAkatsuka30 min
河和田町13,000,000JPY10,833 JPY/sq.mAkatsuka30 min
新原12,000,000JPY57,142 JPY/sq.mAkatsuka30 min
西原23,000,000JPY35,937 JPY/sq.mAkatsuka30 min
開江町11,000,000JPY30,555 JPY/sq.mAkatsuka30 min
双葉台12,000,000JPY52,173 JPY/sq.mAkatsuka30 min
堀町4,700,000JPY18,076 JPY/sq.mAkatsuka30 min
堀町26,000,000JPY44,067 JPY/sq.mAkatsuka30 min
堀町10,000,000JPY50,000 JPY/sq.mAkatsuka30 min
見川14,000,000JPY63,636 JPY/sq.mAkatsuka30 min
見川町5,000,000JPY18,518 JPY/sq.mAkatsuka30 min
見川町17,000,000JPY26,562 JPY/sq.mAkatsuka30 min
見川町6,800,000JPY27,200 JPY/sq.mAkatsuka30 min
見川町24,000,000JPY36,363 JPY/sq.mAkatsuka30 min
見和20,000,000JPY80,000 JPY/sq.mAkatsuka30 min
渡里町11,000,000JPY45,833 JPY/sq.mAkatsuka30 min
飯島町19,000,000JPY55,882 JPY/sq.mAkatsuka30 min
上水戸53,000,000JPY79,104 JPY/sq.mAkatsuka30 min

Land value Distance From The Station transition

Market values (unit price: sq.m, ㎡) in terms of Distance From The Station, is as follow.

The orange line means market values (unit price: sq.m) for Land in terms of Distance From The Station. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Distance From The Station is updated.)
Color:
Unit:   Touch:



Land value Distance From The Station transition. Market values in terms of Distance From The Station.

Land value Distance From The Station transition

Property Details:
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When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Akatsuka Land market value

We can calculate market values for Land based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Akatsuka Land that meet the above conditions were calculated in the following manner.

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({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

Past Land sales data, with similarly entered ages, area, and distances from station are as follows.

1. Ibaraki Mito-Shi 見川町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   18,518 JPY/sq.m

2. Ibaraki Mito-Shi 堀町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 290 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   6,100,000 JPY,    Unit price:   21,034 JPY/sq.m

3. Ibaraki Mito-Shi 見川町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 300 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   33,333 JPY/sq.m

4. Ibaraki Mito-Shi 渡里町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   27,777 JPY/sq.m

5. Ibaraki Mito-Shi 開江町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   4,200,000 JPY,    Unit price:   15,000 JPY/sq.m

6. Ibaraki Mito-Shi 双葉台 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 290 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   20,689 JPY/sq.m

7. Ibaraki Mito-Shi 渡里町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 300 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   33,333 JPY/sq.m

8. Ibaraki Mito-Shi 開江町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2009-09-01 00:00:00

Trading price:   3,300,000 JPY,    Unit price:   12,222 JPY/sq.m

9. Ibaraki Mito-Shi 双葉台 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 310 sq.m , Total floor area: sq.m
- Trading date: 2009-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   35,483 JPY/sq.m

10. Ibaraki Mito-Shi 双葉台 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   6,900,000 JPY,    Unit price:   25,555 JPY/sq.m

11. Ibaraki Mito-Shi 渡里町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 300 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   60,000 JPY/sq.m

12. Ibaraki Mito-Shi 開江町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 290 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   3,400,000 JPY,    Unit price:   11,724 JPY/sq.m

13. Ibaraki Mito-Shi 堀町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 290 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   7,400,000 JPY,    Unit price:   25,517 JPY/sq.m

14. Ibaraki Mito-Shi 渡里町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 300 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   36,666 JPY/sq.m

15. Ibaraki Mito-Shi 大塚町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 300 sq.m , Total floor area: sq.m
- Trading date: 2009-03-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   25,000 JPY/sq.m

16. Ibaraki Mito-Shi 河和田町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2009-03-01 00:00:00

Trading price:   6,700,000 JPY,    Unit price:   23,928 JPY/sq.m

17. Ibaraki Mito-Shi 河和田町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 290 sq.m , Total floor area: sq.m
- Trading date: 2009-03-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   29,310 JPY/sq.m

18. Ibaraki Mito-Shi 曙町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 290 sq.m , Total floor area: sq.m
- Trading date: 2011-06-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   65,517 JPY/sq.m

19. Ibaraki Mito-Shi 大塚町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2011-06-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   26,785 JPY/sq.m

20. Ibaraki Mito-Shi 堀町 (Mito-Shi Akatsuka 30.0 min walk)
, Area: 310 sq.m , Total floor area: sq.m
- Trading date: 2011-06-01 00:00:00

Trading price:   2,600,000 JPY,    Unit price:   8,387 JPY/sq.m

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Land market value trends

Market value trends for Land are as follows.

Data:
Unit:   Touch:



Land market value trends Market value trends for Land.

Land market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

The table below shows Land dealt in Ibaraki JR Joban Line Akatsuka, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Area close to the price in Akatsuka

The closest areas in terms of Land price ranges to this area are ones like the following that are along a railway line and have a station.

Area / Station Median
Price
JPY
Unit price
JPY/sq.m
Age
Years old
Distance
min walk
Area
JR Joban Line Toukai (573) [Stations]9,000,00025,000 JPY/sq.m yrs26 min345 sq.m
JR Joban Line Tomobe (470) [Stations]5,500,00017,156 JPY/sq.m yrs30 min340 sq.m
JR Joban Line Tsuchiura (1,253) [Stations]6,000,00016,818 JPY/sq.m yrs30 min360 sq.m