Minaminakagou Land average value

Price 6,278 JPY/sq.m
- Dist. from Sta. 25.1 min walk
- Property area 1,085 sq.m

The average price of Ibaraki JR Joban Line Minaminakagou Land, in 2019 was 3,395 JPY/sq.m. The market value represents a decrease of 4,913 JPY (-59.1%) 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 very large size more than 200 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.2 min in 2018 and 23.6 min in 2019; +37.5%)
Data regarding the market value and its changes of Land in Minaminakagou were calculated using data on the sales of 127 properties provided by the MLIT Japan.

Minaminakagou Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
中郷町6,500,000JPY23,214 JPY/sq.mMinaminakagou28 min
大字赤浜8,500,000JPY7,083 JPY/sq.mMinaminakagou28 min
中郷町6,700,000JPY26,800 JPY/sq.mMinaminakagou29 min
中郷町810,000JPY5,785 JPY/sq.mMinaminakagou29 min
中郷町6,900,000JPY8,961 JPY/sq.mMinaminakagou29 min
中郷町13,000,000JPY10,000 JPY/sq.mMinaminakagou29 min
中郷町6,500,000JPY- JPY/sq.mMinaminakagou30 min
中郷町1,300,000JPY6,666 JPY/sq.mMinaminakagou30 min
中郷町7,200,000JPY25,714 JPY/sq.mMinaminakagou30 min
中郷町360,000,000JPY- JPY/sq.mMinaminakagou30 min
中郷町10,000,000JPY31,250 JPY/sq.mMinaminakagou30 min
中郷町500,000JPY1,470 JPY/sq.mMinaminakagou30 min
中郷町1,700,000JPY6,800 JPY/sq.mMinaminakagou30 min
中郷町1,400,000JPY- JPY/sq.mMinaminakagou30 min
中郷町13,000,000JPY41,935 JPY/sq.mMinaminakagou30 min
中郷町1,700,000JPY6,538 JPY/sq.mMinaminakagou30 min
中郷町15,000,000JPY11,538 JPY/sq.mMinaminakagou30 min
中郷町4,700,000JPY18,800 JPY/sq.mMinaminakagou30 min
中郷町7,500,000JPY34,090 JPY/sq.mMinaminakagou30 min
中郷町110,000,000JPY- JPY/sq.mMinaminakagou30 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 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 Takahagi-Shi 大字赤浜 (Takahagi-Shi Minaminakagou 28.0 min walk)
, Area: 1,200 sq.m , Total floor area: sq.m
- Trading date: 2018-12-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   7,083 JPY/sq.m

2. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 910 sq.m , Total floor area: sq.m
- Trading date: 2010-12-01 00:00:00

Trading price:   7,800,000 JPY,    Unit price:   8,571 JPY/sq.m

3. Ibaraki Kitaibaraki-Shi 中郷町 (Kitaibaraki-Shi Minaminakagou 30.0 min walk)
, Area: 930 sq.m , Total floor area: sq.m
- Trading date: 2007-09-01 00:00:00

Trading price:   6,100,000 JPY,    Unit price:   6,559 JPY/sq.m

4. Ibaraki Takahagi-Shi 大字赤浜 (Takahagi-Shi Minaminakagou 30.0 min walk)
, Area: 1,100 sq.m , Total floor area: sq.m
- Trading date: 2017-03-01 00:00:00

Trading price:   3,000,000 JPY,    Unit price:   2,727 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 very large size more than 200 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.2 min in 2018 and 23.6 min in 2019; +37.5%)
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 (306) [Stations]1,900,0006,030 JPY/sq.m yrs30 min340 sq.m
JR Joban Line Hatori (532) [Stations]2,000,0004,444 JPY/sq.m yrs30 min370 sq.m
JR Joban Line Ootsukou (196) [Stations]4,000,0009,302 JPY/sq.m yrs23 min330 sq.m
JR Joban Line Takahagi (299) [Stations]4,300,00010,000 JPY/sq.m yrs30 min375 sq.m