Oomika Land average value

Price 24,287 JPY/sq.m
- Dist. from Sta. 26.4 min walk
- Property area 348 sq.m

The average price of Ibaraki JR Joban Line Oomika Land, in 2019 was 26,872 JPY/sq.m. The market value represents an increase of 5,663 JPY (+26.7%) compared to 1 year ago and a transition to a dramatic market.

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

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 23.9 min in 2018 and 28.9 min in 2019; +20.9%)
Data regarding the market value and its changes of Land in Oomika were calculated using data on the sales of 490 properties provided by the MLIT Japan.

Oomika Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
石名坂町10,000,000JPY37,037 JPY/sq.mOomika30 min
石名坂町1,100,000JPY6,285 JPY/sq.mOomika30 min
久慈町15,000,000JPY32,608 JPY/sq.mOomika30 min
留町110,000,000JPY- JPY/sq.mOomika30 min
留町110,000,000JPY- JPY/sq.mOomika30 min
東大沼町18,000,000JPY27,272 JPY/sq.mOomika30 min
南高野町12,000,000JPY50,000 JPY/sq.mOomika30 min
森山町400,000JPY2,105 JPY/sq.mOomika30 min
石名坂町30,000,000JPY23,076 JPY/sq.mOomika30 min
大和田町4,800,000JPY29,090 JPY/sq.mOomika30 min
南高野町17,000,000JPY70,833 JPY/sq.mOomika30 min
大みか町15,000,000JPY16,129 JPY/sq.mOomika30 min
留町970,000,000JPY- JPY/sq.mOomika30 min
石名坂町7,400,000JPY33,636 JPY/sq.mOomika30 min
石名坂町8,500,000JPY34,000 JPY/sq.mOomika30 min
留町760,000JPY1,000 JPY/sq.mOomika30 min
留町170,000JPY918 JPY/sq.mOomika30 min
茂宮町1,100,000JPY8,148 JPY/sq.mOomika30 min
石名坂町6,400,000JPY30,476 JPY/sq.mOomika30 min
東大沼町4,000,000JPY24,242 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: 270 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   37,037 JPY/sq.m

2. Ibaraki Hitachi-Shi 南高野町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   50,000 JPY/sq.m

3. Ibaraki Hitachi-Shi 南高野町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   70,833 JPY/sq.m

4. 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

5. Ibaraki Hitachi-Shi 久慈町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 230 sq.m , Total floor area: sq.m
- Trading date: 2009-06-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   30,434 JPY/sq.m

6. Ibaraki Hitachi-Shi 茂宮町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   35,714 JPY/sq.m

7. Ibaraki Hitachi-Shi 茂宮町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   20,000 JPY,    Unit price:   71.0 JPY/sq.m

8. 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: 2008-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   52,000 JPY/sq.m

9. Ibaraki Hitachi-Shi 南高野町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 250 sq.m , Total floor area: sq.m
- Trading date: 2008-06-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   28,000 JPY/sq.m

10. Ibaraki Hitachi-Shi 大沼町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2009-03-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   53,571 JPY/sq.m

11. 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

12. Ibaraki Hitachi-Shi 留町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 230 sq.m , Total floor area: sq.m
- Trading date: 2010-12-01 00:00:00

Trading price:   4,700,000 JPY,    Unit price:   20,434 JPY/sq.m

13. Ibaraki Hitachi-Shi 留町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2011-12-01 00:00:00

Trading price:   2,800,000 JPY,    Unit price:   10,000 JPY/sq.m

14. Ibaraki Hitachi-Shi 久慈町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 280 sq.m , Total floor area: sq.m
- Trading date: 2010-03-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   14,285 JPY/sq.m

15. 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: 2009-12-01 00:00:00

Trading price:   7,900,000 JPY,    Unit price:   31,600 JPY/sq.m

16. Ibaraki Hitachi-Shi 石名坂町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 240 sq.m , Total floor area: sq.m
- Trading date: 2009-12-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   31,250 JPY/sq.m

17. Ibaraki Hitachi-Shi 久慈町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2009-12-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   18,518 JPY/sq.m

18. 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: 2013-09-01 00:00:00

Trading price:   3,300,000 JPY,    Unit price:   12,222 JPY/sq.m

19. Ibaraki Hitachi-Shi 大沼町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 270 sq.m , Total floor area: sq.m
- Trading date: 2013-12-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   33,333 JPY/sq.m

20. Ibaraki Hitachi-Shi みかの原町 (Hitachi-Shi Oomika 30.0 min walk)
, Area: 230 sq.m , Total floor area: sq.m
- Trading date: 2013-06-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   17,391 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 an increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 23.9 min in 2018 and 28.9 min in 2019; +20.9%)
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 Toukai (561) [Stations]9,000,00025,820 JPY/sq.m yrs26 min330 sq.m
JR Joban Line Akatsuka (1,308) [Stations]8,200,00026,785 JPY/sq.m yrs30 min310 sq.m
JR Joban Line Sawa (451) [Stations]8,100,00027,926 JPY/sq.m yrs27 min295 sq.m
JR Joban Line Hitachi (373) [Stations]8,500,00027,947 JPY/sq.m yrs26 min280 sq.m
JR Joban Line Arakawaoki (1,048) [Stations]6,000,00020,000 JPY/sq.m yrs30 min290 sq.m