Hitachitaga Land average value

Price 35,864 JPY/sq.m
- Dist. from Sta. 22.4 min walk
- Property area 441 sq.m

The average price of Ibaraki JR Joban Line Hitachitaga Land, in 2019 was 36,118 JPY/sq.m. The market value represents an increase of 1,360 JPY (+3.9%) 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 near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 3.1% of total transactions in 2018 and 5.9% of total transactions in 2019)
Data regarding the market value and its changes of Land in Hitachitaga were calculated using data on the sales of 464 properties provided by the MLIT Japan.

Hitachitaga Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
大久保町4,700,000JPY40,869 JPY/sq.mHitachitaga23 min
東金沢町11,000,000JPY23,913 JPY/sq.mHitachitaga23 min
末広町13,000,000JPY59,090 JPY/sq.mHitachitaga23 min
諏訪町16,000,000JPY72,727 JPY/sq.mHitachitaga23 min
鮎川町9,100,000JPY45,500 JPY/sq.mHitachitaga24 min
河原子町1,200,000JPY20,000 JPY/sq.mHitachitaga24 min
末広町15,000,000JPY45,454 JPY/sq.mHitachitaga24 min
諏訪町15,000,000JPY71,428 JPY/sq.mHitachitaga24 min
末広町21,000,000JPY24,705 JPY/sq.mHitachitaga24 min
諏訪町2,000,000JPY4,761 JPY/sq.mHitachitaga24 min
東金沢町8,600,000JPY12,112 JPY/sq.mHitachitaga24 min
東金沢町10,000,000JPY30,303 JPY/sq.mHitachitaga24 min
鮎川町15,000,000JPY71,428 JPY/sq.mHitachitaga24 min
金沢町5,000,000JPY29,411 JPY/sq.mHitachitaga24 min
諏訪町17,000,000JPY42,500 JPY/sq.mHitachitaga24 min
金沢町6,400,000JPY19,393 JPY/sq.mHitachitaga24 min
東金沢町9,100,000JPY31,379 JPY/sq.mHitachitaga24 min
東金沢町12,000,000JPY54,545 JPY/sq.mHitachitaga25 min
諏訪町14,000,000JPY66,666 JPY/sq.mHitachitaga25 min
河原子町8,500,000JPY30,357 JPY/sq.mHitachitaga25 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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- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

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




Calculate Hitachitaga 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 Hitachitaga 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 Hitachi-Shi 東金沢町 (Hitachi-Shi Hitachitaga 25.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   54,545 JPY/sq.m

2. Ibaraki Hitachi-Shi 末広町 (Hitachi-Shi Hitachitaga 23.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2008-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   59,090 JPY/sq.m

3. Ibaraki Hitachi-Shi 諏訪町 (Hitachi-Shi Hitachitaga 23.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2011-06-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   72,727 JPY/sq.m

4. Ibaraki Hitachi-Shi 大久保町 (Hitachi-Shi Hitachitaga 23.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2011-12-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   43,181 JPY/sq.m

5. Ibaraki Hitachi-Shi 河原子町 (Hitachi-Shi Hitachitaga 25.0 min walk)
, Area: 230 sq.m , Total floor area: sq.m
- Trading date: 2007-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   47,826 JPY/sq.m

6. Ibaraki Hitachi-Shi 鮎川町 (Hitachi-Shi Hitachitaga 23.0 min walk)
, Area: 260 sq.m , Total floor area: sq.m
- Trading date: 2013-06-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   46,153 JPY/sq.m

7. Ibaraki Hitachi-Shi 河原子町 (Hitachi-Shi Hitachitaga 25.0 min walk)
, Area: 250 sq.m , Total floor area: sq.m
- Trading date: 2012-09-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   38,000 JPY/sq.m

8. Ibaraki Hitachi-Shi 金沢町 (Hitachi-Shi Hitachitaga 25.0 min walk)
, Area: 250 sq.m , Total floor area: sq.m
- Trading date: 2016-12-01 00:00:00

Trading price:   8,400,000 JPY,    Unit price:   33,600 JPY/sq.m

9. Ibaraki Hitachi-Shi 金沢町 (Hitachi-Shi Hitachitaga 26.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   41,666 JPY/sq.m

10. Ibaraki Hitachi-Shi 金沢町 (Hitachi-Shi Hitachitaga 22.0 min walk)
, Area: 260 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   5,600,000 JPY,    Unit price:   21,538 JPY/sq.m

11. Ibaraki Hitachi-Shi 国分町 (Hitachi-Shi Hitachitaga 26.0 min walk)
, Area: 260 sq.m , Total floor area: sq.m
- Trading date: 2007-06-01 00:00:00

Trading price:   24,000,000 JPY,    Unit price:   92,307 JPY/sq.m

12. Ibaraki Hitachi-Shi 諏訪町 (Hitachi-Shi Hitachitaga 26.0 min walk)
, Area: 220 sq.m , Total floor area: sq.m
- Trading date: 2013-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   63,636 JPY/sq.m

13. Ibaraki Hitachi-Shi 末広町 (Hitachi-Shi Hitachitaga 22.0 min walk)
, Area: 260 sq.m , Total floor area: sq.m
- Trading date: 2012-12-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   38,461 JPY/sq.m

14. Ibaraki Hitachi-Shi 東金沢町 (Hitachi-Shi Hitachitaga 22.0 min walk)
, Area: 250 sq.m , Total floor area: sq.m
- Trading date: 2007-09-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   56,000 JPY/sq.m

15. Ibaraki Hitachi-Shi 金沢町 (Hitachi-Shi Hitachitaga 26.0 min walk)
, Area: 260 sq.m , Total floor area: sq.m
- Trading date: 2014-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   42,307 JPY/sq.m

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- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}

Trading price:   {{item.price|number:0}} JPY,    Unit price:   {{item.unit_price|number:0}} JPY/sq.m

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 near to the station less than six minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 3.1% of total transactions in 2018 and 5.9% of total transactions in 2019)
The table below shows Land dealt in Ibaraki JR Joban Line Hitachitaga, 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 Hitachitaga

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 Katsuta (880) [Stations]10,000,00033,821 JPY/sq.m yrs30 min300 sq.m
JR Joban Line Mito (2,162) [Stations]8,250,00030,000 JPY/sq.m yrs30 min300 sq.m
JR Joban Line Hitachi (373) [Stations]8,500,00027,947 JPY/sq.m yrs26 min280 sq.m
JR Joban Line Ogitsu (232) [Stations]9,500,00027,941 JPY/sq.m yrs18 min280 sq.m
JR Joban Line Sawa (451) [Stations]8,100,00027,926 JPY/sq.m yrs27 min295 sq.m