Kanndatsu Land average value

Price 16,990 JPY/sq.m
- Dist. from Sta. 43.3 min walk
- Property area 769 sq.m

The average price of Ibaraki JR Joban Line Kanndatsu Land, in 2019 was 17,103 JPY/sq.m. The market value represents an increase of 3,777 JPY (+28.3%) compared to 1 year ago and a transition to a dramatic market.

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

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 2.3% of total transactions in 2018 and 10.0% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 44.1 min in 2018 and 57.1 min in 2019; +29.6%)
Data regarding the market value and its changes of Land in Kanndatsu were calculated using data on the sales of 709 properties provided by the MLIT Japan.

Kanndatsu Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
上稲吉2,500,000JPY2,083 JPY/sq.mKanndatsu30 min
おおつ野20,000,000JPY- JPY/sq.mKanndatsu30 min
神立町12,000,000JPY12,000 JPY/sq.mKanndatsu30 min
中貫9,000,000JPY9,782 JPY/sq.mKanndatsu30 min
上土田450,000JPY3,000 JPY/sq.mKanndatsu30 min
上土田740,000JPY2,960 JPY/sq.mKanndatsu30 min
中貫7,500,000JPY15,000 JPY/sq.mKanndatsu30 min
新治400,000JPY3,636 JPY/sq.mKanndatsu30 min
三ツ木4,400,000JPY- JPY/sq.mKanndatsu30 min
白鳥町2,300,000JPY2,090 JPY/sq.mKanndatsu30 min
神立町10,000,000JPY15,151 JPY/sq.mKanndatsu30 min
神立町3,500,000JPY9,722 JPY/sq.mKanndatsu30 min
中貫1,000,000JPY6,666 JPY/sq.mKanndatsu30 min
中貫370,000JPY8,222 JPY/sq.mKanndatsu30 min
おおつ野7,000,000JPY26,923 JPY/sq.mKanndatsu30 min
神立町1,300,000JPY6,842 JPY/sq.mKanndatsu30 min
神立町15,000,000JPY18,072 JPY/sq.mKanndatsu30 min
神立町5,900,000JPY13,720 JPY/sq.mKanndatsu30 min
木田余東台25,000,000JPY33,333 JPY/sq.mKanndatsu30 min
田村町1,700,000JPY7,727 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 神立町 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 430 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   5,900,000 JPY,    Unit price:   13,720 JPY/sq.m

2. Ibaraki Tsuchiura-Shi 神立町 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 400 sq.m , Total floor area: sq.m
- Trading date: 2008-06-01 00:00:00

Trading price:   4,900,000 JPY,    Unit price:   12,250 JPY/sq.m

3. Ibaraki Tsuchiura-Shi 神立町 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 460 sq.m , Total floor area: sq.m
- Trading date: 2008-06-01 00:00:00

Trading price:   600,000 JPY,    Unit price:   1,304 JPY/sq.m

4. Ibaraki Tsuchiura-Shi 木田余東台 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 460 sq.m , Total floor area: sq.m
- Trading date: 2008-06-01 00:00:00

Trading price:   9,200,000 JPY,    Unit price:   20,000 JPY/sq.m

5. Ibaraki Kasumigaura-Shi 戸崎 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 450 sq.m , Total floor area: sq.m
- Trading date: 2009-03-01 00:00:00

Trading price:   1,800,000 JPY,    Unit price:   4,000 JPY/sq.m

6. Ibaraki Tsuchiura-Shi 神立町 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 420 sq.m , Total floor area: sq.m
- Trading date: 2009-12-01 00:00:00

Trading price:   7,300,000 JPY,    Unit price:   17,380 JPY/sq.m

7. Ibaraki Tsuchiura-Shi 中貫 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 440 sq.m , Total floor area: sq.m
- Trading date: 2009-12-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   22,727 JPY/sq.m

8. Ibaraki Tsuchiura-Shi 木田余東台 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 390 sq.m , Total floor area: sq.m
- Trading date: 2013-09-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   19,230 JPY/sq.m

9. Ibaraki Kasumigaura-Shi 深谷 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 430 sq.m , Total floor area: sq.m
- Trading date: 2013-09-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   13,953 JPY/sq.m

10. Ibaraki Kasumigaura-Shi 戸崎 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 450 sq.m , Total floor area: sq.m
- Trading date: 2012-12-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   13,333 JPY/sq.m

11. Ibaraki Kasumigaura-Shi 深谷 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 400 sq.m , Total floor area: sq.m
- Trading date: 2007-09-01 00:00:00

Trading price:   1,100,000 JPY,    Unit price:   2,750 JPY/sq.m

12. Ibaraki Kasumigaura-Shi 上稲吉 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 450 sq.m , Total floor area: sq.m
- Trading date: 2016-12-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   22,222 JPY/sq.m

13. Ibaraki Tsuchiura-Shi おおつ野 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 460 sq.m , Total floor area: sq.m
- Trading date: 2016-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   30,434 JPY/sq.m

14. Ibaraki Tsuchiura-Shi 木田余東台 (Tsuchiura-Shi Kanndatsu 30.0 min walk)
, Area: 400 sq.m , Total floor area: sq.m
- Trading date: 2016-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   35,000 JPY/sq.m

15. Ibaraki Kasumigaura-Shi 戸崎 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 410 sq.m , Total floor area: sq.m
- Trading date: 2018-09-01 00:00:00

Trading price:   3,200,000 JPY,    Unit price:   7,804 JPY/sq.m

16. Ibaraki Kasumigaura-Shi 戸崎 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 440 sq.m , Total floor area: sq.m
- Trading date: 2018-09-01 00:00:00

Trading price:   3,500,000 JPY,    Unit price:   7,954 JPY/sq.m

17. Ibaraki Kasumigaura-Shi 下稲吉 (Kasumigaura-Shi Kanndatsu 30.0 min walk)
, Area: 390 sq.m , Total floor area: sq.m
- Trading date: 2018-03-01 00:00:00

Trading price:   5,700,000 JPY,    Unit price:   14,615 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 near to the station less than three minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 2.3% of total transactions in 2018 and 10.0% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 44.1 min in 2018 and 57.1 min in 2019; +29.6%)
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 (1,234) [Stations]6,000,00016,666 JPY/sq.m yrs30 min360 sq.m
JR Joban Line Kairakuenn (6) [Stations]5,750,00017,338 JPY/sq.m yrs45 min825 sq.m
JR Joban Line Tomobe (467) [Stations]5,800,00018,082 JPY/sq.m yrs30 min340 sq.m
JR JR Joban Line (16,866) [Stations]6,200,00019,444 JPY/sq.m yrs30 min310 sq.m