Oomika Land average value

Price 26,822 JPY/sq.m
- Dist. from Sta. 28.6 min walk
- Property area 432 sq.m

The average price of Ibaraki JR Joban Line Oomika Land, in 2019 was 30,927 JPY/sq.m. The market value represents an increase of 10,630 JPY (+52.4%) compared to 1 year ago and a transition to a dramatic market.

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

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 34.2 min in 2018 and 23.8 min in 2019; -30.4%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.6% of total transactions in 2018 and 3.3% of total transactions in 2019)
Data regarding the market value and its changes of Land in Oomika were calculated using data on the sales of 665 properties provided by the MLIT Japan.

Oomika Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
石名坂町7,000,000JPY22,581 JPY/sq.mOomika30 min
石名坂町4,000,000JPY10,811 JPY/sq.mOomika30 min
石名坂町6,000,000JPY19,355 JPY/sq.mOomika30 min
石名坂町6,500,000JPY30,952 JPY/sq.mOomika30 min
石名坂町5,300,000JPY28,649 JPY/sq.mOomika30 min
石名坂町750,000JPY16,667 JPY/sq.mOomika30 min
石名坂町7,500,000JPY41,667 JPY/sq.mOomika30 min
石名坂町76,000,000JPY- JPY/sq.mOomika30 min
石名坂町3,400,000JPY7,083 JPY/sq.mOomika30 min
石名坂町13,000,000JPY28,261 JPY/sq.mOomika30 min
石名坂町15,000,000JPY35,714 JPY/sq.mOomika30 min
石名坂町5,200,000JPY65,000 JPY/sq.mOomika30 min
石名坂町14,000,000JPY31,111 JPY/sq.mOomika30 min
石名坂町6,700,000JPY33,500 JPY/sq.mOomika30 min
石名坂町3,200,000JPY7,111 JPY/sq.mOomika30 min
石名坂町4,500,000JPY27,273 JPY/sq.mOomika30 min
石名坂町5,300,000JPY30,286 JPY/sq.mOomika30 min
石名坂町1,300,000JPY26,000 JPY/sq.mOomika30 min
石名坂町3,000,000JPY15,385 JPY/sq.mOomika30 min
石名坂町2,200,000JPY7,333 JPY/sq.mOomika30 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
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Oomika 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 Oomika Land that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{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 石名坂町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 250 sq.m , Total floor area: sq.m
- Trading date: 2015-06-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   32,000 JPY/sq.m

2. Ibaraki Hitachi-Shi 石名坂町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   9,800,000 JPY,    Unit price:   35,000 JPY/sq.m

3. Ibaraki Hitachi-Shi 大沼町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2019-03-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   23,214 JPY/sq.m

4. Ibaraki Hitachi-Shi 大沼町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 260 sq.m , Total floor area: sq.m
- Trading date: 2014-12-01 00:00:00

Trading price:   8,800,000 JPY,    Unit price:   33,846 JPY/sq.m

5. Ibaraki Hitachi-Shi 大和田町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2019-03-01 00:00:00

Trading price:   5,800,000 JPY,    Unit price:   24,167 JPY/sq.m

6. Ibaraki Hitachi-Shi 大和田町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2018-12-01 00:00:00

Trading price:   6,800,000 JPY,    Unit price:   25,185 JPY/sq.m

7. Ibaraki Hitachi-Shi 久慈町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   7,100,000 JPY,    Unit price:   26,296 JPY/sq.m

8. Ibaraki Hitachi-Shi 久慈町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2014-12-01 00:00:00

Trading price:   4,300,000 JPY,    Unit price:   17,917 JPY/sq.m

9. Ibaraki Hitachi-Shi 台原町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   7,800,000 JPY,    Unit price:   32,500 JPY/sq.m

10. Ibaraki Hitachi-Shi 東大沼町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2017-12-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   27,083 JPY/sq.m

11. Ibaraki Hitachi-Shi 東大沼町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 250 sq.m , Total floor area: sq.m
- Trading date: 2016-06-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   32,000 JPY/sq.m

12. Ibaraki Hitachi-Shi 東大沼町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   7,800,000 JPY,    Unit price:   32,500 JPY/sq.m

13. Ibaraki Hitachi-Shi 東大沼町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 260 sq.m , Total floor area: sq.m
- Trading date: 2014-06-01 00:00:00

Trading price:   6,600,000 JPY,    Unit price:   25,385 JPY/sq.m

14. Ibaraki Hitachi-Shi みかの原町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2017-06-01 00:00:00

Trading price:   4,300,000 JPY,    Unit price:   17,917 JPY/sq.m

15. Ibaraki Hitachi-Shi 南高野町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2017-03-01 00:00:00

Trading price:   8,800,000 JPY,    Unit price:   31,429 JPY/sq.m

16. Ibaraki Hitachi-Shi 森山町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   9,600,000 JPY,    Unit price:   34,286 JPY/sq.m

17. Ibaraki Hitachi-Shi 森山町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   35,185 JPY/sq.m

18. Ibaraki Hitachi-Shi 森山町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   9,600,000 JPY,    Unit price:   35,556 JPY/sq.m

19. Ibaraki Hitachi-Shi 石名坂町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2010-12-01 00:00:00

Trading price:   860,000 JPY,    Unit price:   3,185 JPY/sq.m

20. Ibaraki Hitachi-Shi 石名坂町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 250 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   34,000 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 an decrease in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 34.2 min in 2018 and 23.8 min in 2019; -30.4%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.6% of total transactions in 2018 and 3.3% of total transactions in 2019)
The table below shows Land dealt in Ibaraki JR Joban Line Oomika, 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 Oomika

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 Sawa (617) [Stations]8,600,00027,333 JPY/sq.m yrs28 min300 sq.m
JR Joban Line Akatsuka (1,749) [Stations]7,500,00026,000 JPY/sq.m yrs30 min280 sq.m
JR Joban Line Toukai (717) [Stations]8,900,00025,838 JPY/sq.m yrs26 min290 sq.m
JR Joban Line Ogitsu (303) [Stations]8,650,00027,857 JPY/sq.m yrs19 min270 sq.m