Minaminakagou Land average value

Price 6,669 JPY/sq.m
- Dist. from Sta. 24.5 min walk
- Property area 590 sq.m

The average price of Ibaraki JR Joban Line Minaminakagou Land, in 2019 was 3,351 JPY/sq.m. The market value represents a decrease of 4,888 JPY (-59.3%) 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 relatively far from the station less than twenty minutes by foot from the station.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.8 min in 2018 and 27.2 min in 2019; +52.5%)
Data regarding the market value and its changes of Land in Minaminakagou were calculated using data on the sales of 155 properties provided by the MLIT Japan.

Minaminakagou Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
大字赤浜1,500,000JPY- JPY/sq.mMinaminakagou24 min
中郷町3,500,000JPY- JPY/sq.mMinaminakagou24 min
中郷町77,000,000JPY- JPY/sq.mMinaminakagou24 min
中郷町2,000,000JPY6,452 JPY/sq.mMinaminakagou24 min
中郷町汐見ケ丘2,700,000JPY12,857 JPY/sq.mMinaminakagou24 min
中郷町汐見ケ丘4,000,000JPY19,048 JPY/sq.mMinaminakagou25 min
中郷町汐見ケ丘4,400,000JPY16,296 JPY/sq.mMinaminakagou25 min
中郷町4,000,000JPY12,121 JPY/sq.mMinaminakagou26 min
中郷町汐見ケ丘4,300,000JPY19,545 JPY/sq.mMinaminakagou26 min
中郷町2,000,000JPY5,882 JPY/sq.mMinaminakagou26 min
大字赤浜8,500,000JPY7,083 JPY/sq.mMinaminakagou28 min
大字赤浜1,900,000JPY2,235 JPY/sq.mMinaminakagou28 min
中郷町500,000JPY455 JPY/sq.mMinaminakagou28 min
中郷町6,500,000JPY23,214 JPY/sq.mMinaminakagou28 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 Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
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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 Minaminakagou 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 Minaminakagou 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 Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 26.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2014-12-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   12,121 JPY/sq.m

2. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 26.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2006-12-01 00:00:00

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

3. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 24.0 min walk)
, Area: 310 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   2,000,000 JPY,    Unit price:   6,452 JPY/sq.m

4. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 380 sq.m , Total floor area: sq.m
- Trading date: 2019-03-01 00:00:00

Trading price:   1,000,000 JPY,    Unit price:   2,632 JPY/sq.m

5. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 420 sq.m , Total floor area: sq.m
- Trading date: 2018-12-01 00:00:00

Trading price:   1,000,000 JPY,    Unit price:   2,381 JPY/sq.m

6. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2017-03-01 00:00:00

Trading price:   2,800,000 JPY,    Unit price:   8,000 JPY/sq.m

7. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 320 sq.m , Total floor area: sq.m
- Trading date: 2016-06-01 00:00:00

Trading price:   1,500,000 JPY,    Unit price:   4,688 JPY/sq.m

8. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 320 sq.m , Total floor area: sq.m
- Trading date: 2016-06-01 00:00:00

Trading price:   1,500,000 JPY,    Unit price:   4,688 JPY/sq.m

9. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 300 sq.m , Total floor area: sq.m
- Trading date: 2015-09-01 00:00:00

Trading price:   6,200,000 JPY,    Unit price:   20,667 JPY/sq.m

10. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2014-12-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   23,529 JPY/sq.m

11. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   4,800,000 JPY,    Unit price:   14,118 JPY/sq.m

12. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 320 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   31,250 JPY/sq.m

13. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   500,000 JPY,    Unit price:   1,471 JPY/sq.m

14. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 310 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   41,935 JPY/sq.m

15. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 310 sq.m , Total floor area: sq.m
- Trading date: 2012-06-01 00:00:00

Trading price:   5,500,000 JPY,    Unit price:   17,742 JPY/sq.m

16. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 370 sq.m , Total floor area: sq.m
- Trading date: 2012-03-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   22,973 JPY/sq.m

17. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 420 sq.m , Total floor area: sq.m
- Trading date: 2013-12-01 00:00:00

Trading price:   8,900,000 JPY,    Unit price:   21,190 JPY/sq.m

18. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2013-03-01 00:00:00

Trading price:   1,000,000 JPY,    Unit price:   2,941 JPY/sq.m

19. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2013-03-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   24,412 JPY/sq.m

20. Ibaraki Takahagi-Shi 大字赤浜 (Takahagi-Shi Minaminakagou 21.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2019-03-01 00:00:00

Trading price:   20,000 JPY,    Unit price:   59.0 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 relatively far from the station less than twenty minutes by foot from the station.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.8 min in 2018 and 27.2 min in 2019; +52.5%)
The table below shows Land dealt in Ibaraki JR Joban Line Minaminakagou, 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 Minaminakagou

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 Iwama (365) [Stations]2,200,0006,000 JPY/sq.m yrs25 min390 sq.m
JR Joban Line Hatori (681) [Stations]2,000,0004,545 JPY/sq.m yrs30 min330 sq.m
JR Joban Line Ootsukou (267) [Stations]3,600,0009,248 JPY/sq.m yrs20 min340 sq.m
JR Joban Line Takahagi (366) [Stations]4,000,0009,322 JPY/sq.m yrs30 min330 sq.m