Kanndatsu Land average value

Price 16,837 JPY/sq.m
- Dist. from Sta. 43.5 min walk
- Property area 582 sq.m

The average price of Ibaraki JR Joban Line Kanndatsu Land, in 2019 was 12,894 JPY/sq.m. The market value represents a decrease of 1,459 JPY (-10.2%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • A slight increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 2.8% of total transactions in 2018 and 2.9% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 45.5 min in 2018 and 59.1 min in 2019; +29.9%)
Data regarding the market value and its changes of Land in Kanndatsu were calculated using data on the sales of 997 properties provided by the MLIT Japan.

Kanndatsu Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
板谷7,500,000JPY32,609 JPY/sq.mKanndatsu30 min
板谷20,000,000JPY25,974 JPY/sq.mKanndatsu30 min
板谷80,000,000JPY- JPY/sq.mKanndatsu30 min
おおつ野6,500,000JPY29,545 JPY/sq.mKanndatsu30 min
おおつ野32,000,000JPY24,615 JPY/sq.mKanndatsu30 min
おおつ野9,000,000JPY34,615 JPY/sq.mKanndatsu30 min
おおつ野8,800,000JPY38,261 JPY/sq.mKanndatsu30 min
おおつ野8,500,000JPY24,286 JPY/sq.mKanndatsu30 min
おおつ野7,500,000JPY31,250 JPY/sq.mKanndatsu30 min
おおつ野10,000,000JPY41,667 JPY/sq.mKanndatsu30 min
おおつ野14,000,000JPY30,435 JPY/sq.mKanndatsu30 min
おおつ野10,000,000JPY35,714 JPY/sq.mKanndatsu30 min
おおつ野11,000,000JPY31,429 JPY/sq.mKanndatsu30 min
おおつ野120,000,000JPY- JPY/sq.mKanndatsu30 min
おおつ野8,500,000JPY36,957 JPY/sq.mKanndatsu30 min
おおつ野7,800,000JPY32,500 JPY/sq.mKanndatsu30 min
おおつ野7,500,000JPY31,250 JPY/sq.mKanndatsu30 min
おおつ野14,000,000JPY29,167 JPY/sq.mKanndatsu30 min
おおつ野22,000,000JPY37,288 JPY/sq.mKanndatsu30 min
おおつ野7,400,000JPY32,174 JPY/sq.mKanndatsu30 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 Kanndatsu 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 Kanndatsu 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 Tsuchiura-Shi おおつ野 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2018-12-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   24,286 JPY/sq.m

2. Ibaraki Tsuchiura-Shi おおつ野 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2016-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   31,429 JPY/sq.m

3. Ibaraki Tsuchiura-Shi 神立町 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2018-12-01 00:00:00

Trading price:   8,900,000 JPY,    Unit price:   26,970 JPY/sq.m

4. Ibaraki Tsuchiura-Shi 木田余東台 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2019-06-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   27,941 JPY/sq.m

5. Ibaraki Tsuchiura-Shi 木田余東台 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 320 sq.m , Total floor area: sq.m
- Trading date: 2015-09-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   12,500 JPY/sq.m

6. Ibaraki Tsuchiura-Shi 木田余東台 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 320 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   29,688 JPY/sq.m

7. Ibaraki Tsuchiura-Shi 手野町 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2017-03-01 00:00:00

Trading price:   2,000,000 JPY,    Unit price:   5,882 JPY/sq.m

8. Ibaraki Tsuchiura-Shi 手野町 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2014-03-01 00:00:00

Trading price:   2,200,000 JPY,    Unit price:   6,667 JPY/sq.m

9. Ibaraki Tsuchiura-Shi 中貫 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 310 sq.m , Total floor area: sq.m
- Trading date: 2019-06-01 00:00:00

Trading price:   630,000 JPY,    Unit price:   2,032 JPY/sq.m

10. Ibaraki Tsuchiura-Shi 中貫 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2016-12-01 00:00:00

Trading price:   7,600,000 JPY,    Unit price:   21,111 JPY/sq.m

11. Ibaraki Tsuchiura-Shi 木田余東台 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2010-12-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   32,353 JPY/sq.m

12. Ibaraki Tsuchiura-Shi 木田余東台 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2010-03-01 00:00:00

Trading price:   7,700,000 JPY,    Unit price:   23,333 JPY/sq.m

13. Ibaraki Tsuchiura-Shi 神立町 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 310 sq.m , Total floor area: sq.m
- Trading date: 2013-12-01 00:00:00

Trading price:   2,400,000 JPY,    Unit price:   7,742 JPY/sq.m

14. Ibaraki Tsuchiura-Shi 神立町 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2009-09-01 00:00:00

Trading price:   3,500,000 JPY,    Unit price:   9,722 JPY/sq.m

15. Ibaraki Kasumigaura-Shi 上稲吉 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2018-09-01 00:00:00

Trading price:   3,000,000 JPY,    Unit price:   9,091 JPY/sq.m

16. Ibaraki Kasumigaura-Shi 上稲吉 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2014-12-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   31,429 JPY/sq.m

17. Ibaraki Kasumigaura-Shi 下稲吉 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 320 sq.m , Total floor area: sq.m
- Trading date: 2015-06-01 00:00:00

Trading price:   5,800,000 JPY,    Unit price:   18,125 JPY/sq.m

18. Ibaraki Kasumigaura-Shi 新治 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2017-03-01 00:00:00

Trading price:   1,700,000 JPY,    Unit price:   5,000 JPY/sq.m

19. Ibaraki Kasumigaura-Shi 新治 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2016-12-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   19,444 JPY/sq.m

20. Ibaraki Kasumigaura-Shi 下稲吉 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 370 sq.m , Total floor area: sq.m
- Trading date: 2011-12-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   13,514 JPY/sq.m

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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 more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • A slight increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 2.8% of total transactions in 2018 and 2.9% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 45.5 min in 2018 and 59.1 min in 2019; +29.9%)
The table below shows Land dealt in Ibaraki JR Joban Line Kanndatsu, 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 Kanndatsu

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 Tsuchiura (1,622) [Stations]5,500,00016,667 JPY/sq.m yrs30 min325 sq.m
JR Joban Line Kairakuenn (6) [Stations]5,750,00017,338 JPY/sq.m yrs45 min825 sq.m
JR Joban Line Arakawaoki (1,440) [Stations]6,000,00017,584 JPY/sq.m yrs30 min280 sq.m
JR Joban Line Tomobe (600) [Stations]6,000,00018,571 JPY/sq.m yrs30 min300 sq.m
JR Joban Line Fujishiro (339) [Stations]5,250,00014,512 JPY/sq.m yrs24 min285 sq.m